Restaurant Bookkeepers: PM to Cut Government Red Tape to Encourage Investments

The Prime Minister has pledged to cut government red tape to encourage investments and open opportunities to industrial relations reform. The government’s plans to overhaul the vocational training system will particularly interest restaurants, cafés and catering companies because like businesses in other industry sectors, they are struggling with skill shortages – a problem which was …

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Payroll Solutions: How to Prevent Time Theft

Time theft occurs when an employer pays an employee for time that they weren’t actually at work. Time theft is on the rise because of today’s increasing mobile workforce and it’s costing employers billions of dollars in lost productivity yearly. When does time theft occur? It is common for employees to round down their minutes …

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Hospitality Bookkeeping: How to Address Underpayment in the Hospitality Industry

Wages in the hospitality industry has become a national issue due to the underpayment of staff at many Australian restaurants and cafés, according to hospitality bookkeeping and accounting firms. Some think charging offenders with fines are letting them off too lightly. The government is now considering criminalising wage theft. Restaurant and café owners say that some breaches …

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Bookkeeping Firm: New Incentives for Employers and Apprentices Take Effect

Several new incentive payments for employers and apprentices, which were announced in the Budget during the federal election campaign, take effect this month. Talk to your accounting and bookkeeping firm to find out how you can take advantage of this. The Government is creating additional apprenticeship incentive payments to boost the existing incentives for areas of identified …

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Business Accounting Service: Structure Your Accounting to Understand Your Business Performance and Efficiency, Here’s How

In the past there was no set way in presenting the annual financial statements but due to the manipulation by some in the industry, to mislead investors by manipulating the financial information, changes were desperately needed. The government stepped in and implemented a set of uniform Accounting Standards – principles of which govern business accounting services as …

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Consultant for hotel industry: Hospitality will need 123,000 trained staff in 2020

The hospitality industry will need about 123,000 more employees in 2020 but according to a consultant for hotel industry, businesses are having a hard time meeting even the current demand because of the lack of trained staff in many parts of Australia. It is an issue that needs to be addressed in cities and more …

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Bookkeepers Melbourne: Does your small business need a financial manager or CFO?

Small business and startup owners are often unsure whether they need a CFO or not. After all, how can a CFO add value to a young company? There is a perception that CFOs are expensive and are for billion-dollar corporations only. However, the truth is, financial accountants and bookkeepers Melbourne can add a significant amount …

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