Streamlining your payables and budgets with Trent McLaren at DiviPay

 


Comments

Post a Comment

Popular posts from this blog

It’s 2024 fringe benefits tax (FBT) time!

  As the 2024 fringe benefits tax (FBT) period approaches, it’s essential to note key dates and obligations. Employers who have provided fringe benefits to their employees or their associates between April 1, 2023, and March 31, 2024, are required to lodge and pay their 2024 FBT returns promptly.  Notable dates to remember include: The conclusion of the 2024 FBT year on March 31, 2024. The deadline for lodging FBT returns and settling any outstanding liabilities to avoid penalties and interest is May 21. For electronic lodgments through tax practitioners, the due date for lodging and payment is June 25. Employers new to lodging with a tax practitioner must ensure inclusion on their FBT client list by May 21 to be eligible for the June lodgment and payment timeline. Even if no FBT return is necessary, registered employers must inform the Australian Taxation crucial, the ATO recognizes exceptional circumstances and encourages proactive communication for those experie...
Read more

What a CFO Looks for from the Payroll Department

  This week, we’re diving into the crucial relationship between finance and payroll departments. A Chief Financial Officer (CFO) sees the payroll department from a strategic angle, focusing on its contribution to the organisation’s financial health and operational efficiency. Here’s what a CFO typically expects from the payroll department and how you can leverage these expectations to secure funding for essential payroll training and Australian Payroll Association (APA) membership. Key Payroll Expectations of a CFO   Accuracy and Compliance CFOs need assurance that payroll processes are accurate and fully compliant with current legislation. Compliance minimizes the risk of costly fines and legal issues. Demonstrating adherence to complex payroll legislation, including state and federal laws, is crucial. Cost Management Effective cost management in payroll processing is a priority. CFOs look for ways to streamline operations, reduce processing costs, and improve ef...
Read more

Sustainable Business Success: Tracking Your Cash Flow with Bookkeeping Services

Image
  For businesses, one of the most important things to track is your cash flow. This gives you a clear idea of where your money is coming in and going out, so that you can make informed decisions about your spending. There are a few different ways to track your cash flow, but one of the most effective is through bookkeeping services. These services can help you keep tabs on your finances, so that you can make sure your business is on the right track. If you’re interested in sustainable business success, then tracking your cash flow with  bookkeeping services  is a great way to start.  In this blog post, we’ll explore some of the benefits of using such services, so that you can make an informed decision about whether or not they’re right for you. What Bookkeeping Services Can Do for Your Business If you’re like most small business owners, you wear many hats. You’re the CEO, salesperson, marketing director, customer service representative, and HR manager all rol...
Read more