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The Future of Bookkeeping: Essential Skills for a Transforming Industry
Bookkeeping has always been the foundation of sound financial management. But in today’s fast-changing business landscape, the role of a bookkeeper is evolving far beyond data entry and reconciliations. Automation, artificial intelligence (AI), and cloud-based accounting platforms are transforming how financial data is processed, analysed, and presented. The future of bookkeeping is bright — but…
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Easy Business App Review: Australia’s Best Accounting Software for Small Businesses
Running a small business in Australia comes with plenty of challenges managing invoices, tracking expenses, processing payroll, and ensuring compliance with the ATO can be overwhelming. For business owners and accounting firms alike, having a reliable, easy-to-use accounting software is crucial. With features like invoicing, payroll, Single Touch Payroll (STP), expense tracking, bank feeds, and…
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Strategies for Managing Late Payments from Clients: An Informative Guide
Late payments are one of the biggest headaches for business owners, freelancers, and consultants. They disrupt cash flow, delay growth plans, and cause unnecessary stress. For small businesses with limited reserves, even one overdue invoice can make it difficult to pay staff, cover expenses, or reinvest in operations. The good news? You can manage late…
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Everything You Need to Know About NowInfinity – Australia’s Leading Entity Management
Managing corporate compliance, trusts, and SMSFs is a growing challenge for accounting firms and business owners in Australia. With increasing regulatory demands, manual processes often lead to inefficiency, higher costs, and compliance risks. This is where NowInfinity steps in. Designed for accountants, financial advisers, and legal professionals, NowInfinity is an all-in-one cloud platform that centralises…
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The Role of Bookkeeping in Securing a Business Loan
When you’re looking to secure a business loan, whether from banks, credit unions, or private lenders, one of the first things they evaluate is your financial health. This is where accurate bookkeeping becomes a game-changer. Proper financial records not only demonstrate credibility but also improve your chances of loan approval with better terms. In this…
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How to Use Jira to Simplify Workflows, Track Progress, and Boost Team Productivity
In today’s competitive environment, Australian accounting firms and enterprise businesses are juggling multiple client deadlines, compliance tasks, and internal workflows all while striving for team efficiency and transparency. That’s where Jira comes in. Originally built for software teams, Jira by Atlassian has evolved into a powerful tool for task management, bug tracking, progress monitoring, and…
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Addressing Wage Underpayment as a Criminal Offense
New criminal underpayment laws have been introduced in some countries, including Australia, to tackle wage theft and ensure that workers are paid fairly. These laws make it a criminal offense for employers to underpay employees intentionally or through negligence, with significant penalties for those found guilty. For example, in Australia, the Fair Work Legislation Amendment…
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Big Changes for Businesses from 1 July 2025
New financial year, new rules! Here are few key changes that could impact your business costs, compliance and operations: 1. Minimum Wage Increase The National Minimum Wage rises by 3.5% to $24.95/hr ($948/week). Review employment contracts and payroll to ensure compliance from the first full pay period after 1 July. Underpayment risks heavy penalties. 2.…
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Why Australian Property Managers Are Choosing Re-Leased for Growth and Efficiency
Discover how Re-Leased simplifies property management for Australian businesses. Automate rent, track leases, and streamline maintenance — all in the cloud.
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How to Clean Up Your Books for a Stress-Free Financial Year
Discover how to clean up your books for a stress-free tax season. Streamline small business accounting and automate for financial success.