MYOB has announced that its popular mobile payments solution, MYOB PayDirect now accepts EFTPOS payments. MYOB PayDirect’s popularity has been driven by being the only mobile payments solution with accounting software integration available in Australia. MYOB General Manager, SME Solutions, James Scollay says this new feature will further increase its appeal. “We know that EFTPOS transactions are the most common type of card transactions in Australia. We also know that

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Mar 2015

MYOB Roadshow

We recently attended one of the MYOB Roadshow sessions in Rockhampton, where the theme for 2015 was clear: Making business life easier! MYOB believe that it’s more than just a slogan, and have outlined a 5 point plan that they believe will reset the goal posts in 2015: MOBILITY – like OnTheGo and Essentials this is “the year of the mobile for MYOB” as their CEO Tim Reed recently stated PAYMENTS

In any business cash is your lifeline, and part of maintaining a positive cash flow is by ensuring that you get paid what you are owed, on time, and in full. We know this is often easier said than done, so we’ve provided this useful infographic that highlights some staggering statistics to show you how much time and money you’re likely spending chasing debtors:     If you’d like some assistance with managing

At the SMSF Association (formerly SPAA) National Conference held last month in Melbourne, the ATO confirmed that they are taking a new approach to when an Auditor Contravention Report (ACR) is lodged for an SMSF. The ATO will now telephone trustees of SMSFs (or directors where there is a trustee company) when they receive an ACR to confirm that the trustees or directors are aware that a breach was identified, as well as query why it

More and more Australian restaurants are replacing traditional desktop accounting software with CrunchTime software. Here we will take a look at the top 3 solutions for small business.

Fuel tax credit rates have increased for eligible fuel acquired from 2 February 2015, due to a rise in the consumer price index (CPI). Rates are indexed twice a year in line with the CPI – generally on 1 February and 1 August. What you need to do If the team at Business Wise are responsible for managing your fuel tax credits, then you do not need to do anything

Given recent global events in which sensitive financial data was stolen and according to these legal firm information security services, it’s no surprise that people are more aware than ever about the privacy and security of their information and are trying to use new reporting systems. One of the most commonly asked questions about the use of Xero for business bookkeeping is how risky is it. Believe it or not,

Cloud accounting has officially landed on the scene and is here to stay. While Australian organisations have been slow to adopt this new arrival, Software Advice found over 50% of small businesses are considering moving their accounting to the cloud.

Xero is a relatively new cloud accounting software that allows business owners to spend more time focusing on their core business, rather than managing their accounts manually.

Cloud-based accounting systems are paving the way for greater efficiency in your organisation. Instead of purchasing expensive, high-maintenance IT infrastructure, organisations access their accounting software via the internet, for a fixed monthly fee. This allows them to offload IT hassles and concentrate their financial and operational resources on their core business becoming one of the must have tools if you are opening a new business and using tools similar to