Tag Archive for: Technology

Business Insights and Inspirations: Xerocon 2023 Recap

Xerocon 2023 was a whirlwind of innovation, insights, and inspiration for our business services team. Here’s a recap of six valuable topics shared by a huge number of speakers across the two days in Sydney.

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Two great tax deductions for small businesses

Small business owners (with an annual turnover under $50 million) should consider the following tax deductions if you are planning to invest in skills and training or improving your energy efficiency. Each measure will lend a hand with an extra 20% tax deduction for relevant expenses, as outlined below.

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Streamline your bookkeeping with Synectic and Dext

We are thrilled to share some exciting news: we are now an official Dext partner! This partnership continues our commitment to providing expert advice and innovative solutions for business owners.

As a Dext partner, we can help you streamline your bookkeeping processes, allowing you to focus on what matters most – growing your business. Through our partnership, our clients can also benefit from discounted pricing on Dext Business plans.

But what exactly is Dext, and how can it transform your bookkeeping?

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Cyber Security Awareness

As technology continues to advance, the threat of falling prey to cybercrime grows.

Cyber criminals are always looking for loopholes and vulnerabilities in your organisation’s technology infrastructure, hoping to disrupt operations or access sensitive data. It’s vital that SMEs and NFPs take proactive action to reduce these cyber risks.

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Four steps to protect your business from false invoice scams.

“False invoice scams”, or “invoice hacking”, are on the rise. Cybercriminals have become increasingly efficient and relentless and no business – regardless of size or industry – is immune.

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STP reporting compulsory for all Australian employers

The extension of Single Touch Payroll (STP) requirements to employers with 19 or less employees has finally passed both houses of Parliament. From 1 July 2019, STP reporting will become compulsory for all Australian employers.

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8 smart ways to manage your debtors for business success

Managing your debtors so you get paid on time is critical to your business’ survival. Paying suppliers and salaries, investing in infrastructure and growth – if you don’t have the cash, your business is in trouble.

So, wouldn’t it be wonderful if customers paid on time, every time?

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Compulsory Single Touch Payroll (STP) reporting rolls out to small employers

Months of uncertainty for small businesses ended yesterday with the Senate passing the Bill to now extend compulsory Single Touch Payroll (STP) reporting to employers with 19 or less employees. Effective from 1 July 2019, it comes on the back of STP rolling out to larger employers from 1 July 2018.

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5 Common Bookkeeping Fails – and How to Easily Avoid Them

If you’re in business, you already know that careful financial management is important. But do you really aspire to spending your time dealing with numbers and paperwork? That’s probably not why you went into business!

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Are you ready for Single Touch Payroll?

Single Touch Payroll (STP) changes the way employers report payroll information to the Australian Taxation Office (ATO), and it is mandatory from 1 July 2018 for employers with 20 or more employees.

So … you might be wondering: ‘What is Single Touch Payroll?’; ‘How do I get ready?’. And they are great questions!

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