Cloud Bookkeeping Blog

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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3 Best Methods to Remember Debits Credits Rules & T-Accounts.

You want things to be perfect… instantly! The methods will help you to get debits and credits 100% right every time.

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Individual Income Tax Rates 2019-2020

Income Tax rate for individuals who are Australian residents for tax purposes in 2019-2020 Financial Year.

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Tax Rates 2019-2020 - Legislative Updates & Threshold Changes

PAYG Withholding, Additional Low and Middle Tax Offset (LAMITO), Higher Education Loan Program (HELP), Payroll Tax, Instant Asset Write off

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How to fire an employee on the spot | Employee termination procedure

Firing on the spot? Read this. No matter the circumstances surrounding gross/serious misconduct all employers are bound to follow the correct due process. Employee termination done right

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How to cancel, delete, void or write off an invoice or bill in Xero

Step-by-step instruction on how to cancel, delete, void or write off an invoice in Xero.

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Myth of Petty Cash In Australia. 3 Better Ways For Business Expenses

The Truth About Petty Cash You Need To Know and Three Ways You Can Do The Same In Your Business. Business Expenses Done The Right Way.

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How to invite your accountant/bookkeeper to Xero File?

In order to add / invite bookkeeper or an accountant to your Xero File, please login into Xero, open required company file and proceed to General Setting

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