MYOB has worked directly with the Australian Taxation Office (ATO) to ensure that you’re ready to go for Single Touch Payroll (STP) reporting.
What do I need to do?:
How to opt in to Single Touch Payroll (STP):
In the Payroll menu, select Pay employees. In the message about Seamless reporting with (STP), click Get started.
Click Opt in to confirm.
What are 3-way business budgets – and why should you be using them?
Any business that isn’t planning for the future is planning to get left behind. While most business owners know that budgeting is a critical part of their planning, there is some confusion about which components should be included in a budget. There are three critical elements. Together, they provide the oversight you need for your …
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Welcoming Melissa Kirby
KLM Financial Planners is pleased to announce the addition of Melissa Kirby to our advisory team. Melissa has worked with KLM for the past 5 years and has been invaluable in the behind the scenes running of the business. Melissa has worked in the finance industry for over 25 years ago, both in Australia and …
5 alternatives to word-of-mouth marketing for small businesses
“I get all my business from word-of-mouth marketing.” “I’m a referral business.” “I don’t have the budget for marketing.” “I’m just too busy to market my business!” If you find yourself saying any of the above, it’s likely that you experience considerable peaks and troughs in your small business. Why? Because it means that you …
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Xero users: Streamline rostering, timesheets & payroll using these tools…
Still using spreadsheets for rosters, timesheets, and payroll? The administrative load involved in efficiently rostering staff, preparing accurate timesheets, and ensuring that everyone is paid correctly can be a huge burden on a small business – especially if you are doing it all manually. If your business involves shift work or hourly work in hospitality, …
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10 ways your small business can get more out of LinkedIn
If someone gave you the opportunity to attend a meeting where thousands of your prospects were also present, you’d be silly not to take them up on the offer…right? This opportunity might be staring you in the face. LinkedIn is the world’s largest database of professionals; hundreds of millions of professionals waiting there, ready to …
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5 types of personal insurance that all business owners should consider
It’s easy to be wise after the event. Taking out certain types of personal insurance is being wise before the event! What happens if you’re in a bad accident and need to take an extended period off work to recover? Or you were left permanently disabled – or worse? What would happen if you got …
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9 ways for small business owners to keep the taxman happy
When Benjamin Franklin said that the only things certain in life were “death and taxes” most people didn’t consider that they may be closely linked. But problems with taxes can lead to the death of your small business unless you take steps to keep the taxman off your back. With sales meetings, recruitment, salaries, cashflow …
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Could this disaster recovery strategy help save your business?
Disasters. They happen. In personal lives, and in business. That’s not being negative, that’s being real. Every day disasters affect families and businesses somewhere in the world, but it always seems to happen to someone else, doesn’t it? Touch wood. Then every once in a while something happens a bit closer to home—a disaster hits …
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