Cloud Bookkeeping Blog

How to Write Off Bad Debt in Xero Properly

This article will describe steps that you can take to write it off bad debt in Xero properly.

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JobKeeper - Eligible Employees - Decline in Turnover

Here are all the steps to enrol you in the JobKeeper system and templates to meet all your eligibility and record keeping requirements

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Small Business Superannuation Clearing House uses myGovID

Any business that uses the Governments Small Business Superannuation Clearing House directly will NOT be able to use Auskey after 27 March 2020.

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ATO New Record Keeping Resources

The resource provides a central source of information, covering the core record-keeping requirements for businesses to meet their tax, super and employer obligations.

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PAYG Withholding rebate, Cash Flow Boosters Wages Support Package

Wage Support package through PAYG withholding rebate. How to use this COVID-19 stimulus to boost your cash flow. Eligibility, tax implications, cash flow dates and examples.

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The Fair Work Ombudsman Challenges Payments to Contractors

The Fair Work Ombudsman recently instigated court action which challenged whether the worker was a Contractor or an Employee – FWO believe they are employees and the persons were underpaid.

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Correcting Activity Statement vs Making BAS Adjustment

Correcting Activity Statement vs Making BAS Adjustment. Correcting an error or mistake is about fixing an amount that was incorrect when lodged, typically due to transposition error, misclassification or double counting.

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How to set up and use Xero Inventory Properly

If your business is using Xero and holds inventory that needs to be accounted for, this article is for you.

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3 Automated Accounts Receivables Systems Get Money In Your Business

Accounts receivable is just another name for businesses getting paid. Get a complete picture of your accounts receivables and a disciplined process to keep your cash flow on track.

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End of Year Bookkeeping for TPAR in Xero

The TPAR informs the ATO about payments that are made to contractors for providing services. Industries required to report.

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How To Setup Shopify - Xero Integration Correctly

Shopify Xero Integration. What happens, why it happens, and how to make it work for you. Setup step-by-step. Accounting journals. Tips and Tricks.

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Single Touch Payroll Penalties

STP (Single Touch Payroll) failure to lodge penalty is calculated at a rate of $210 dollars per 28 day interval of lateness or part thereof.

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Fair Work Priorities for 2019–2020

Is your industry on the list? Fair Work Ombudsman (FWO) Sandra Parker has announced the FWO priorities for 2019–20. It is time to get your Payroll compliant

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