How to take the hassle out of your business activity statements (BAS)
If you’re running a business and you’re registered for GST, you’ll know that preparing and lodging your business activity statement is a regular monthly or quarterly chore. But it doesn’t have to be if you take advantage of software to make managing your GST, pay as you go (PAYG), and other tax instalments as easy as possible online.
There’s an old saying that there’s only two certainties in life: death and taxes. You can’t do anything about the first one, but you certainly can make the second one as painless as possible.
Xero software collects everything you need to send to the Australian Taxation Office. It calculates GST and other taxes automatically for you. It also allows you to accurately track and manage all your financial transactions, as well as prepare your BAS statements.
The reality is if you’re not taking advantage of time-saving accounting and book-keeping technology, you’re making your business reporting much harder than it needs to be. You’ll also be wasting a lot of time that you could be spending doing more enjoyable things. Like spending time with your family and friends, safe in the knowledge that all your accounting and bookkeeping tasks are automated and that you can access any up-to-date information about your business anywhere, anytime.
How we can help
At Scorpion Bookkeeping, we’re a Xero-certified advisor. We specialise in helping innovative business owners to take advantage of all the benefits of cloud-based technology. We can help you to get set up in the cloud and we can also provide you with any bookkeeping support services that you need. We currently have business clients in South Australia, Victoria and New South Wales.
Contact us today to find out how we can help your business! 1300 911 571.