2020
-
3 Benefits of Single Touch Payroll for Accountants
It is that time of the year when you are expected to file your business tax returns. While reporting business tax was a difficult problem in the past, it is not the case today since the process relies on a myriad of electronic applications. One such app is the single touch payroll (STP), which automates payment summaries such as salaries, wages, and superannuation contributions. This article highlights the benefits of using STP for business accountants.
[Read More]
-
Four Indispensable Precautions for Managing Debt Collection
Credit can be beneficial for your business. It will encourage clients to purchase more, drawn in new clients and promote consumer loyalty. However, debt collection can be quite challenging. If you are not cautious, your business might lose a lot of money. Therefore, you should have a good plan in place for managing the debts. This should begin with considerable screening before approval for credit purchase. In addition, use the tips below to ensure that the customers do not default on their outstanding debts.
[Read More]
-
Top Tips When Choosing a Business Insurance Broker
Most business people have a difficult time finding an insurance broker that understand their business needs. The extract below discusses a few tips on how to find a business insurance broker. Reputation Ask friends and other business people to refer you to reputable agents in your area. Alternatively, you could examine the reputation of insurance agents by seeking testimonials from their current clients or conducting internet research. Avoid agents accused of unprofessional conduct and those that do not follow up on claims.
[Read More]