August 22, 2013ASIC Slams Lack of Insurance Advice For SMSFs Since August 2012, SMSF trustees have been required to review the insurance needs of members as part of the fund’s investment strategy (see: SMSFs Need Professional Insurance Advice). ASIC said that in nearly half of the files it reviewed, investors were not told by their adviser that... Read more
August 22, 2013MYOB has released AccountRight 2013.3 this week. It is one step closer to delivering the fastest cloud accounting solution on the market. There are a lots of new features and even the ability to lodge your payment summaries directly to the ATO. Contact us today to see if the lastest updates suits your business and we... Read more
May 22, 2013For small to medium sized businesses needing bookkeeping services in Ballarat, Geelong, Bendigo, Bacchus Marsh and Ararat, Accountable Bookkeeping Solutions (ABS) is the expert business bookkeeping specialist. Our team of business bookkeepers at ABS will come to you to provide the full range of bookkeeping services Ballarat, Geelong, Bacchus Marsh, Bendigo and Ararat, including: Accounts... Read more
May 21, 2013Here is a basic summary of what’s changing with the popular Reckon accounting software and what it means for you. Reckon is about to get a new name, but in theory it shouldn’t mean you need to change what you are doing. In April this year, the Reckon software changed it’s name to Accounts. It’s... Read more
August 24, 2012New regulations for self-managed super funds (SMSFs) took effect on 7 August 2012. They require your SMSF trustee clients to: •regularly review their fund’s investment strategy •consider insurance for members as part of their fund’s investment strategy •value assets at market value for reporting purposes. In addition, we are now able to enforce the requirement... Read more
January 18, 2012Not all bookkeepers are the same – and when choosing a bookkeeper for your business it’s important to ensure that they are fully qualified and registered to ensure that you can meet your taxation requirements. At Accountable Bookkeeping Solutions (ABS) all our bookkeepers are fully qualified – better still, we’re qualified accountants with vast experience... Read more
