Bookkeeping Blog
Advice and tips for Australian Businesses
Do you want to know how to increase your profit in the next 90 Days?
Have you recently seen my recent add?
If you haven’t, well I am a Bookkeeping Expert.
I have seen the NUMBER ONE mistake that prevents owners from achieving their financial goals and it’s not eating their FROGS.
What does FROGS got to do with increasing my profit?
Frogs is an analogy to describe many business owners who
– Are working very long hours
– Are not knowing how much profit they are making
– Are getting anxious each time their bank balance gets low
– Who don’t have the time to invoice their clients
– Who constantly feel stressed when it comes to their bookkeeping and cash flow
Business owners who feel ripped off because owning a business should be more profitable and take up less of their time.
That’s what I mean not eating their FROGS.
My name is Maree and I’m a Professional Bookkeeper.
Over the last 10 years, I have helped small business owners to:
Take their bookkeeping frustrations away
Improve their Cash Flow and Profits
Understand their numbers
Create MORE TIME to do the things they ENJOY
Don’t let the frogs win!….
If you want to build a business that supports you and your family to live a life you know you deserve, you need someone to help you get the unpleasant stuff done.
To help you get started with this, I’ve put together a Profit Planner + Action Plan that will give you a clear plan on things to TAKE ACTION ON NOW to kickstart your business into 2022.
To get this Super Simple Profit Planner, send me a message with your email address and I can email one out to you.
Enjoy your planner, the feedback from many people has been fantastic, they said it’s a great free tool and wish more Bookkeepers could help them like this, hence give me a call on 0429 363 047.
Maree Punzet
Professional Bookkeeper & Frog Eater
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID
What is the Single Touch Payroll Phase 2?
You can also find this information on the ATO website, link below:
https://www.ato.gov.au/Business/Single-Touch-Payroll/Expanding-Single-Touch-Payroll-(Phase-2)/
The Government announced the Single Touch Payroll in the 2019-20 budget and at that time, they did say there would be an expansion of STP, known as STP Phase 2.
What this will do, is reduce the reporting burden for employers who need to report information about their employees to multiple government agencies.
I would think that is a sign of relief for many employers.
The mandatory start date for Phase 2 reporting starts 1st January 2022.
The ATO have notified that Digital Service Providers (DSP’s) who may need more time to make the changes and update their solutions to support STP 2 can apply for a referral for their customers.
So there is a flexible approach to this transition, therefore if your solution is ready for 1 January 2022, you should start Phase 2 reporting. If your solution is ready and you can start Phase 2 reporting before 1 March 2022, then you will be considered to be reporting on time and you won’t need to apply for more time.
You can also apply for a delayed transition from December 2021. There will not be any penalties for genuine mistakes for the first year of Phase 2 reporting until 31 December 2022. This includes employers who have already started Phase 2 reporting.
The benefits for employers are you will no longer have to send the ATO the employee’s TFN declarations. The employees will provide it to you and you will need to keep it with your employee records.
‘If you make a Lump Sum E payment, you won’t need to provide Lump Sum E letters to your employees. You’ll have included the amount and the period it relates to.
If you change software or your employee’s payroll ID, you can tell us in your STP report if your solution has this functionality. This will help fix issues with duplicate income statements for employees in ATO online services through myGov
You may no longer need to provide separation certificates when your employees leave. The date and reason an employee leaves will be in your STP report.
You can also voluntarily report child support deductions and/or garnishees through STP. This reduces the need to send separate remittance advices to the Child Support Registrar’
If this sounds all too confusing, then give me a call on 0429 363 047, I can take care of this for you and so much more.
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID
It’s never too late to outsource to a Bookkeeper
Many business owners say the same thing, that it’s too late to outsource to a Bookkeeper. It’s never too late to outsource this part of your business. It’s actually one part of your business that a great Bookkeeper like Maree Punzet can pick up and fix all those problems within your business, because this is what Maree does, she problem solves, she fixes issues and corrects them.
It’s never to late to outsource your bookkeeping to Maree.
She is one lady that has helped many businesses that are going under or in crisis, this is what she does best.
If you think maybe it might be time to just offload your bookkeeping, then contact Maree today. It’ only takes one phone call for you to finally have your bookkeeping in order.
It’s never too late, better late than never.
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID
