Bishop's Bookkeeping Solutions

01/07/2022

Welcome to the 2023 Financial Year!

Time for businesses to go over the last year and start lodging their annual reports.
BAS
TPAR
STP
Payroll Tax
Superannuation ..

Not sure of your obligations or need a hand? We can help

24/04/2022

They shall grow not old,
as we that are left grow old;
Age shall not weary them,
nor the years condemn.
At the going down of the sun
and in the morning
We will remember them.

We will remember them
Lest we forget

17/04/2022

12/04/2022

Gone are the days of over flowing shoeboxes or glove boxes that explode receipts when you are looking for your missing sunnies (have you checked on your head?).

Join the revolution and start using a receipt capture app.

We love using Dext. You simply take a picture of any receipts you receive and it sends it through to your accounting software and Dext files it away incase you ever need it again.

When you or your bookkeeper come to do the bookwork all your receipts are there ready and waiting to be checked and matched off.

There are other great features so if you ever want to witness someone nerd out about accounting software feel free to ask us about Dext and how it can work with your Xero file.

05/04/2022

Did you know Xero & QBO have built in Superannuation clearing houses?

Well now you do

Under the current rules all employers must contribute to their employee's superannuation account using a registered superannuation clearing house. Accounting softwares have made this easier by building this function into thier software.

Not sure how you use it? We can help

31/03/2022

No April Fools here!

Just a reminder about some internet safe tips:
Change your passwords regularly.
Always use 2 factor authentication if it's available.
Never share passwords.
Don't click unknown links, even if you know the person that sent it to you.
If payment details for your supplier have changed since the last time you paid them, then give them a call to confirm.
Dont write down your password and leave it for others to find.
If someone emails you to make a transfers to a new bank account or asks for a loan always call to confirm.
Scammers often pretend to be from real government departments such as the ATO or Centrelink. If you are unsure your call is real ask for a reference number for the call and call them back on the main ATO number or contact your registered BAS or Tax agent to check on your behalf.
Government departments will never ask for payment in gift cards

29/03/2022

Having the right softwares, systems and experts working with your business can make a huge difference.

If you are still scheduling in a book, writing out invoices by hand or stuffing your receipts in a shoebox there is a better way.

Having a trusted Bookkeeper by your side in business is a great person to support you in finding the best solutions for you business

22/03/2022

You've heard the song "You got to keep 'em separated!" that song might not be about bank accounts but this post is.

To save time and keep clear records it's best practice to have different bank accounts for your business and personal use. Yes, even if you are a sole trader.

This draws a clear line between the transactions that belong to you and those that affect the profit and viability of your business.