Small Business, Taxation, Xero
Payday Super: What Employers Need to Know Before 1 July 2026 From 1 July 2026, the way Australian employers pay superannuation will fundamentally change. Under the new Payday Super rules, employers will be required to pay superannuation at the same time as salary and wages, rather than quarterly. While the change is still some time away, businesses should begin preparing now to avoid cashflow shocks and compliance risks. What is…
Cash Flow, Small Business, Xero
Did you know, that the latest Xero statistics show that a business who has online payment options attached to their sales invoices, collects their invoices 55% faster than without these services. Who doesn’t want to collect invoices faster? It is a no-brainer! There are a few systems out there that can assist with your collections, but below are two of our favourites.We strongly suggest you implement these. Enable your customers…
Cash Flow, Small Business, Xero
Think of the amount of time you spend on collecting your invoices. What a waste of productive time! You have provided your client with work timeously so why should you wait for payment beyond your agreed terms? Below are some tips that will help you collect your invoices quickly. Agree on the value of the invoice and the payment terms with your customer before you commence the work. This will…
Accountants are useful for different things at different levels of business growth. They are capable of handling a lot more than critical tax returns and payroll computation. If you want to build a perfect business, you will require the assistance of a skilled accountant. It is quite interesting to note that finances can become complicated in no time. As your business grows from a few clients to hundreds of clients,…
When people ask us how we are able to provide high-value accounting services at a reasonable cost, the number one reason we offer is that we leverage the power of Xero. The data that Xero provides in real-time, via the cloud, saves time. Clients who partner with us in using Xero are then able to reinvest this time into providing high-impact services to their own clients, growing their cash flow…
Hello again from Accolade Accounting, the small business accounting experts in Perth and also the experts in Xero. We wish you a very profitable 2016 and may all your financial targets and expectations meet with success. Let’s start 2016 by looking at another fantastic feature of Xero that provides additional efficiency to the accounting world and small business. These days, travel is an everyday occurrence. It is very easy to…