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Getting Ready for the EOFY

small business concept hand drawing on tablet pc

The end of financial year (EOFY) is approaching and many businesses and individuals are getting ready with all the paperwork and other EOFY matters. Tax returns can sound complicated and messy, but believe me, they are not. If you had your books done properly throughout the year by a professional, it will be simpler than… Continue reading Getting Ready for the EOFY

Why DIY Bookkeeping Is Risky & Dangerous

Big organisations usually have their internal accounts; however, small businesses, to save money, tend to do bookkeeping themselves. One thing they do not consider is the danger they are doing to themselves. The rule is simple and quite obvious: if you are not trained, you will harm your business. Poor accounting knowledge will penalise you… Continue reading Why DIY Bookkeeping Is Risky & Dangerous