Tips & Tricks

Job Keeper Monthly Claim Process

Job Keeper Monthly Claim Process

Once you have qualified for jobkeeper, which happened when you first enrolled,  you are ...

How to Claim Monthly Job Keeper Subsidy

How to Claim Monthly Job Keeper Subsidy

The next step in obtaining payment under the Job Keeper wage subsidy is to complete the monthly ...

How to Create Xero Statements for Customers

At the end of the month or when you would like to give customers a gentle reminder that they have ...

How to use Quick Books Online Attachments to Create An Expense

Here is one way you can use the images of invoices and receipts you have taken on your QBO app to ...

Small Business Tax Appointment Check List

Here is Exact Accounting’s check list of what details we will need for your small business ...

Rental Property list of expenses you can claim

Please click here of Exact accountants rental properties checklist of what to bring to your tax ...

Checklist for How to Change to a Trading Trust

A trust is often used to provide better tax result, sharing income among the beneficiaries and to ...

Step by Step how to enter a bill into QBO

Here is my cheat sheet on how to enter a bill into your books if you are using QBO Quickbooks ...

How to Enter Motor Vehicle Registration in QBO

It can be a bit fiddly to enter your registration renewal to calculate the correct amount of GST to ...

Capital Gains Tax, the basics explained

How much is capital gains tax This is a question that Exact Accounting answers a lot To understand ...

Reconcile Kounta Receipts in QBO

Reconcile Kounta Receipts in QBO

How to Reconcile Kounta Receipts in QBO Each time you complete your days takings at the End of the ...

Xero Part Payments Customers

Sometimes your clients might make progress payments where they pay a portion of an outstanding ...

Bank Reconciliation QuickBooks Online

Once you have added all of the transactions that have come into your QBO file from your direct bank ...

Using your car for work

As an employee you are able to claim a deduction for using your car for work purposes if you use ...

Logbook Requirements

What your logbook needs to include To be able to prove how you have used your vehicle to earn your ...

How a Logbook can save you money

When do I need a Logbook for Business Vehicle The simple answer is when the Taxman considers that ...

Create new payroll category in MYOB

Being able to customise your payroll in MYOB will help you to produce reports about your wages ...

Using Timesheets in MYOB

If you are interested in being able to track employees time and allocate labor costs to your jobs ...

How do I get paid from my business

How do I get paid from my business

How do I get paid from my own business This question comes up quite a bit and my answers in this ...

Home Based Business Tax Deductions

HOME BASED BUSINESS This article applies if you are a self-employed person operating your business ...

What tax deductions can I claim when  working from home

What tax deductions can I claim when working from home

WORKING AT HOME First off we have to figure out if you are working from home or are you a home ...

Claim Superannuation as Tax Deduction for 2018

Tax Deduction for Super paid by Employees Now people who work for salary & wages and make ...

How do I allocate a deposit to customer invoice in Xero?

When you are reconciling your Xero file there will be times when the decision Xero has made as too ...

How to add an invoice into QuickBooks

For help on how to enter your sales invoices please click here for our free cheat sheet   Contact ...

GST Entries for Motor Vehicle Registrations

It can be a bit fiddly to enter your registration renewal to calculate the correct amount of GST to ...

How to Create a Reckon Petty Cash Account

A cash transaction account in your Reckon file can make it easier to account for all of those small ...

Xero Bank Reconciliations

Please download Exact Accounting's cheat sheet to see how to check that your bank accounts are ...

What is A Discretionary Trust?

What is A Discretionary Trust?

A trust is a structure created by executing a trust deed, where a trustee, who can be an individual ...

How do I change my accountant?

Changing your tax accountant is easyMany small business clients stay with their existing accountant ...

How to add a new user to your Xero

How to add a new user to your Xero

To add new people to your organisation who can access your Xero records you invite them as a new ...

3 Ways to Find Extra Cash for your Retirement

Did you know that the ATO can now take unused or lost super accounts that have a balance of up to ...