Xero changes to classic invoicing
Extension of ‘classic’ invoicing to 27 Feb 2025 Xero has announced an update to its invoicing system: the classic invoicing product, initially set to retire, will now remain available until 27 February 2025 to allow a smoother transition to the new invoicing platform. Registering for e-invoicing does not mean you automatically have to send e-invoices. […]
New Xero subscription plans now live
Simplifying Your Xero Subscription — what it means for Xero users New Plans, Features, and Migration Details for Australian Customers and Partners In May, Xero announced new subscription plans for Australian customers and partners as part of efforts to simplify their plan offering. The new plan line-up bundles key features like Xero Expenses, Xero Projects […]
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 […]
Single Touch Payroll changes
There have been changes to Single Touch Payroll (STP) Employers are required to report additional payroll information now or once your payroll product is ready. You need to start reporting additional information on or before each pay day — this is known as STP Phase 2. STP Phase 2 started on 1 January 2022 Some […]
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 […]
Working together during COVID-19 – UPDATE
Working together during COVID-19 to focus on personal health and safety Firstly we hope that you are all well……..what a few weeks we have all endured! With the changing landscape due to COVID-19, we are all under pressure and face anxious days and nights as we work through what we can and can’t do. As […]
Working together during coronavirus
Working with Omnis Group during coronavirus Focussing on personal health and safety As the situation with the COVID-19 pandemic continues to rapidly escalate in Australia and around the world, we wanted to update all of our clients and key stakeholders on the measures Omnis Group has been putting in place. The priority of any measure […]
Numbers should tell a story
Money is a tricky topic for a lot of business owners There’s the matter of how to account for it, how to present it and, of course, how to raise it. In this day and age where accounting has been made a lot easier and financial information more transparent, how should business owners approach their […]
Perth’s Hub Residential real estate case study
The Hub Honeypot: business by design The formation of Hub Residential was no flash in the pan. Their view is that real estate is changing and, like so many industries, they needed to change with it by creating a business with better resources and resilience. The concept of Hub Residential had been brewing behind the […]
