How tradies can avoid chasing long overdue payments

Bookit Bookkeeping Bookkeepers Tradies Invoice Payment Blog Post

Anyone who owns a business knows the sheer amount of effort that goes into keeping it running. It’s not just about getting a job done. There’s also marketing, customer service, advertising, paying bills, and getting paid. And it’s that last one that can really wreck your business. Let’s look at tradies. Tradies are a great…

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Why You Need To Get Your Payroll Right

Tax and Payroll | Bookit Bookkeeping

Payroll seems pretty straightforward: you have staff, they work, you pay them what they’re owed. And yet, there are so many stories in the media about businesses being pulled up for getting it wrong. This year alone, there have been countless reports about hospitality staff being underpaid by their employers: Don’t offer staff free lunch:…

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What Is The Cost Of DIY Bookkeeping?

Bookit Bookkeeping Bookkeepers Cost DIY

Good bookkeeping is essential to business. After all, your business is all about numbers and whether those numbers are enough to keep your business growing. But at the heart of any business is a business owner looking around and wondering why there’s so much backend to do. A lot of owners keep their bookkeeping in-house…

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Do you pay your contractors super? You might need to.

Bookit Bookkeeping Bookkeepers Pay Contractors Super

If you think a contractor is your way around employee benefits like superannuation, think again. I recently overheard a man say, “The law changed so that contractors always get paid super. It’s that simple.” This statement isn’t correct. Change ‘always’ to ‘sometimes’ and it would be. But that still doesn’t make it simple. Contractors (also…

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What You Need To Know About Scare Articles

Bookit Bookkeeping Blog ATO Credit Tax

Last week, we linked to an interesting article on our Facebook page. We wanted to make you aware of the kinds of articles to dismiss when they come up in your feed. Chances are, you already took one look at it and knew it was not worth your time. However, we thought it would be…

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How Bookkeepers Help Your Business Succeed

Why You Need A Bookkeeper | Bookit Bookkeeping

Starting a business is daunting. The doubt that you’ve got a good idea, the late nights planning it out, the website you created that you keep changing. Then you finally launch it, and it’s exhilarating: the first client, the first invoice, the first payment, the next client, the ups and the downs. The ultimate responsibility…

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