Blog
Small business leadership is challenging. You’ve carved out your niche, got some money coming in, and just made your first hire. Soon enough, they all be looking to you for guidance, inspiration, and motivation to achieve bigger and better for the business, and for themselves.
The thing i...
One of the most daunting parts of starting (or even running) your own business is the prospect of facing unknown tax requirements somewhere down the line. In order to help sole traders from being hit with a hefty tax bill at the end of the financial year, the ATO uses a system called Pay As You Go, ...
Now that the dust has settled on the 2022 Federal Budget, it’s clear that there are a few announcements that every small business owner should know about. Make sure you are across the key changes to certain deductions, PAYG and GST installations, and economic support before we head into the next fin...
Have you ever had this error message when using Cashflow Manager? “Outside of Year Parameters”
It can sound like a scary message, but it’s actually quite a simple fix. Essentially, it means that your software (whether that’s Cashflow Manager, Cashflow Manager Gold, Wages Manager or Wages 1-4) is...
Becoming your own boss and starting a sole trader business often comes with a raft of extra freedoms, the ability to forge your own professional path, and the satisfaction of reaping the rewards of your own hard work. But it's not all sunshine and roses; there are added financial responsibilities an...
Every business, no matter how big or complex, must follow certain steps to be successful. One of the key steps in growing your small business involves managing cash flow by tracking and improving your finances.
Cash flow refers to the movement of incoming (profit) and outgoing (expenses) money ...
More than half of Australia’s small businesses reported a bigger growth than the past several years, according to a recent CPA Australia report.
However, keeping the doors of your business open takes a lot more than passion and a stomach for risks. Business owners have a lot of things to conside...
Growing up, surrounded by beautifully sewn clothes – handmade by her seamstress mother – it was easy for Trinette Marriott to fall in love with the art of sewing from a young age.
However, it wasn’t until many years later that she decided to pull the pin on her regular job and take the plunge: ...
eInvoicing (or electronic invoicing) allows businesses to connect to a network and automatically create, send, and process invoices with other businesses on the network.
eInvoicing removes the manual work involved in processing an invoice and connects seamlessly with any system on the netwo...
Your BAS – a Business Activity Statement – is a report that needs to be submitted to the Australian Taxation Office either monthly or quarterly. Generally, businesses need to complete a BAS in order to report and pay GST. The report needs to be lodged by every Australian business registered for GST.
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Small and micro businesses consistently bear the brunt of COVID-19’s economic impact on Australia and have been calling out for COVID-19 small business grants. Now, more than a year into the pandemic, the federal and state governments’ message is clear: If you’re a sole trader or small business impa...
As a small business owner you would rather be doing what you love and making money rather than doing your accounting, right? Yet, many business owners are still wondering, ‘do I need accounting software for my small business’?
If your business is growing or plans to grow in the future – the answer is...
If you run a small business, you’re probably well aware that there’s a range of reporting requirements you need to meet when the end of financial year (EOFY) rolls around. But some requirements, like the Taxable Payments Annual Report (TPAR), don’t apply to all small businesses – and, as such, often...
You spoke, we listened, and now we would like to introduce to you Knowledge Base, our online Cashflow Manager Help Centre.
Knowledge Base is a centralised, easy-to-use database filled with helpful information about using Cashflow Manager programs. Knowledge Base gives you instant access to helpf...
Standard Business Reporting (SBR) is an Australian Tax Office (ATO) government initiative designed to make the way you complete your government reporting requirements as simple as possible. It allows you to save time, minimises compliance costs and frees you up to do what is most important – growing...
