Kiss my BAS

Kiss my BAS Kiss my BAS is not a bookkeeping practice, but rather your bookkeeping bestie!πŸ’»πŸ€“βš‘οΈ

😰 Stressing over BAS deadlines and accuracy? You’re not alone. Our mini course takes the pressure off by guiding you thr...
01/11/2024

😰 Stressing over BAS deadlines and accuracy? You’re not alone. Our mini course takes the pressure off by guiding you through the process, ensuring you meet your obligations without the stress.
Go to www.kissmybas.com or find our link in bio

🚨 Don’t let an inaccurate BAS put you on the ATO’s radar. Our mini course shows you how to stay compliant and therefore ...
18/10/2024

🚨 Don’t let an inaccurate BAS put you on the ATO’s radar. Our mini course shows you how to stay compliant and therefore keep the ATO off your back! Get it right the first time and keep your business safe.
Check out our website www.kissmybas.com or click on our link in bio!

  🐢🐦 When you're sick and working from home, but the furry & feathered friends aren't used to it and get up in your face...
31/07/2024

🐢🐦 When you're sick and working from home, but the furry & feathered friends aren't used to it and get up in your face. All. Day. Long. Play time Mum!!

Im curious, which best describes your financial management approach? 🧐1. Are you more for weekly check-ins for real time...
28/07/2024

Im curious, which best describes your financial management approach? 🧐

1. Are you more for weekly check-ins for real time insights?
2. Prefer monthly meetings that are more in depth?
3. Opt for advice-driven decisions without scheduled reviews?

Share your metrics and KPI management style below! Or a simple 1, 2 or 3 in the comments. πŸ’š

Calling all small businesses operating with a Company structure! Got your Director ID? Obtaining a Director ID through m...
22/07/2024

Calling all small businesses operating with a Company structure!

Got your Director ID?

Obtaining a Director ID through myGov is necessary for legal compliance, transparency and streamlined business operations in Australia. If you operate as a company, you should already have it set up and linked it to your ABN via your RAM.
Sound overwhelming? Have no idea what I am talking about?

There are certain steps to action and for a lot of us it isn't straight forward. DM the word "LINK" below if this is an area you are needing additional guidance with!

Lets do some GST MATH not GIRL MATH! To calculate the GST that is included in a total amount, simply divide the total by...
19/07/2024

Lets do some GST MATH not GIRL MATH!

To calculate the GST that is included in a total amount, simply divide the total by 11. Then, if you want to find the total amount not including GST, multiply that figure by 10.
For example: We want to figure out how much GST is included in a product you sell with a sale price of $100.
1. Divide $100 by 11 = $9.09. This is the total amount of GST you would be charging on that sale.
2. Multiply $9.09 x 10 to get the price NET of GST. (Not including GST) which = $90.91.
If you want to get $100 for your product or service, charge GST on top of that price - which makes the total you charge a customer $110.

Simple!

These documents aren't just paperwork, they're your golden ticket to claiming GST credits! 🎫Tax Invoice = GST registered...
16/07/2024

These documents aren't just paperwork, they're your golden ticket to claiming GST credits! 🎫

Tax Invoice = GST registered
Invoice = Not GST registered

Don't get caught out. Confused? Or want to know how to tell if you are being invoiced correctly by suppliers? Send us a DM and we can tell you our tool we use to check! πŸ’š

πŸ™‹β€β™€οΈ Who's been guilty of using the same password everywhere? Okay, don't actually raise your hand! 🀣 It's risky busines...
13/07/2024

πŸ™‹β€β™€οΈ Who's been guilty of using the same password everywhere? Okay, don't actually raise your hand! 🀣 It's risky business! With all the cyber threats out there, it's time to level up our security game. Your mission this week: update those ancient passwords! πŸ˜…

Pro tip: Try using a catchy phrase as your passwordβ€”it's harder to crack and easier to remember! And make sure it's 12 characters or more. πŸ’₯

Stay tuned for our upcoming post on authenticators next week πŸ’šπŸ’™

Digital receipts or the shoebox method: Which one are you? Which one is your business style? Digital records offer effic...
09/07/2024

Digital receipts or the shoebox method: Which one are you? Which one is your business style?

Digital records offer efficiency while the classic shoebox holds its own charm.

At Kiss My BAS we are all about digital efficiency. We have processes that even people who are not digitally inclined can easily use.

We're here to support you every step of the way! πŸ’ͺ

Comment "Digital" below to start the conversation with us!

Time to dot those i's and cross those t's!Don't forget to apply for your ABN if you haven't already! Side note: Register...
07/07/2024

Time to dot those i's and cross those t's!
Don't forget to apply for your ABN if you haven't already!

Side note: Registering for an ABN is not the same as registering for GST. These are completely different.

Visit https://www.abr.gov.au

*Be wary of other imitation websites*

BAS Agent? What does this even mean? It means that we are registered with the TPB (Tax Practitioners Board) to provide B...
03/07/2024

BAS Agent? What does this even mean?

It means that we are registered with the TPB (Tax Practitioners Board) to provide BAS services such BAS Lodgements, advice on GST, Payroll setup and processing, and more. πŸ€“ We're professional bookkeepers. Want to know more? Check out our mini course on Your Finance Team. πŸ’š
Link in bio.

Also little side note: if you engage a bookkeeper or are looking to outsource, be sure to ask if they are a registered BAS Agent! βœ…

πŸ“‹ Get ready for EOFY! Download our FREE checklist to stay organised as we approach the end of the financial year. Ensure...
02/07/2024

πŸ“‹ Get ready for EOFY!

Download our FREE checklist to stay organised as we approach the end of the financial year. Ensure your bookkeeping is in order! πŸ“ŠπŸ’Ό

Visit our our website www.kissmybas.com

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Torquay, VIC

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