Proper Cybersecurity Vigilance
ATO says “Be cyber-wise, don’t compromise” Four Essential Steps to Safeguard Your Digital World Throughout the 2022 income year, one cybercrime was reported every seven minutes. The ATO encourages taxpayers to implement the following four quick steps to protect themselves. Step 1: Install updates for your devices and software Regular updates ensure taxpayers have the […]
Xero’s STP Phase 2 roll out
Everything to know (and do) for the final stage of Xero’s STP Phase 2 rollout By now, most business owners are probably familiar with Xero’s approach to getting payroll data ready for Single Touch Payroll Phase 2. This will see businesses build on their existing STP reporting to share more information with the ATO and other […]
Managing business cash flow and income
Managing small business cash flow and income in 2022 It’s been a lean time for small businesses, and especially the families supporting them. Xero’s small business trends report shows that 60% of small business owners are worried about their household finances running low. So while 2022 will hopefully be a year of rebounding sales and […]
Human cost of late payments
Late payments affect business from financial and operational perspective It’s an issue that’s close to our hearts and a conversation that matters. But another conversation, one that’s often lost amid all the talk about lost revenues, invoice-chasing and the rest is the human cost of late payments. Because when businesses aren’t paid on time, it […]
Payroll update
Single Touch Payroll Update Employers with 19 or fewer employees are required to start reporting through Single Touch Payroll (‘STP’) from 1 July 2019. The ATO will be working with employers to support them as they transition to STP, including allowing small employers to start reporting any time from 1 July to 30 September (and […]
Cost of cybercrime
The rising cost of cybercrime Last year, more than six million consumers – one in three Australian adults – fell victim to identity theft, credit card fraud or had their passwords compromised.(1) This cost the Australian economy more than $2.3 billion, and, at an individual level, cost each victim an average of approximately $195 and […]
Perth business cybersecurity
Protect yourself online There are a number of steps you can take to protect yourself online: Passwords: To keep your passwords safe consider using a password manager, such as Dashlane, LastPass, KeePass or RoboForm. Suspicious contact: Don’t open suspicious texts, popup windows or emails and don’t click on links or open attachments. If in doubt, […]
Xero navigation update
New Xero navigation simplifies everyday tasks With Xero, a simple experience is a beautiful experience. That’s why they’re simplifying their navigation to make sure that everyone can get on with daily tasks easily and efficiently. These improvements are based on research and testing with lots of people, including accountants, bookkeepers and small business users, plus […]
Xero login is about to change
Xero two-step authentication will soon be compulsory No one wants to think about cybersecurity, but the reality is that one in four small businesses experienced a cyber attack or hacking attempt in Australia and New Zealand in 2017*. Nearly all data breaches start with compromised passwords – and could be easily avoided. Keeping information secure […]
Xero add-ons for your business
3 profit-boosting Xero add-ons every business should know about So what add-ons should be on your hit list? In simple terms, an add-on is a piece of technology (usually software) that enhances and customises applications. Here’s a few of our favourite profit-boosting Xero add-ons every business owner should know about. Vend Hailed as the world’s top Point of Sale […]