Back In Fifteen Minutes

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Posted by beancounter | Posted in Bookkeepers, Bookkeeping | Posted on 17-11-2009

Dropped into Robina Town Centre briefly today, in between bookkeeping clients.

How unhelpful is that note that says “Back in 15 minutes” !!?!

As bookkeepers, we work out the bookkeeping tasks to be performed, estimate the time to perform those bok keeping tasks, and then set about to complete the bookwork in the allocated time frame

It’s all about saving our bookeeping clients’ time and money

No different when undertaking our own office administration; we had a couple of errands to run, including picking up the mail from the post office. Since the whole task should have taken less than fifteen minutes, parked in a loading zone (20 mins max all vehicles)

Needed to pick up an item from a store near the old camponile (which has been demolished in the name of progress)

The shop was closed, and there was a handwritten note stuck to the roller shutters

“Back in 15 minutes”

How unhelpful is that note? What has it told anyone that they didn’t already know? The shop is closed – Ok. So do you hang around waiting, or move on.

Well, if the shop was only going to be closed for 15 minutes and you arrived 13 minutes later, you’d probably wait around a couple of minutes.

But what if the shop had only just closed and you had to wait around for a nother 14 minutes?

To make matters worse, we could have ordered the product online, saved money, and also time – but we wanted to support the local business owner.

We’ve talked about customer service previously, and always promote support other small businesses – so it’s very disappointing when a small business that you’ve been trying to support let’s you down with something so simple

The question is: Will there be a next time? Do you weigh up the cost of supporting a local small business compared to saving money and time by shopping online?

Have a think about that – we’ll be back in 15 minutes :-)

Does Your Bookkeeper Write Cheques?

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Posted by beancounter | Posted in Bookkeepers, Bookkeeping | Posted on 11-11-2009

There’s a bookeeper in Worcester, Massachusetts, USA, who’s been charged with stealing around US $225,000 from a division of the Boy Scouts of America

She’s been accused of larceny. Allegedly, as the book keeper responsible for the regional Scouts organisation, she wrote cheques from the scouts’ account to pay her own bills, and to support the family business.

One wonders why there were no checks in place (pardon the pun) – did the committee never look at the balance sheet of the Scouts’ Accounts.

There’s just no accounting for some people

Late With Your October BAS? Here’s 10 Options

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Posted by beancounter | Posted in BAS | Posted on 02-11-2009

Business Activity Statements were due on 28 October 2009, so if you are late with your BAS then what options are available to you?

Here are ten options to consider if you have failed to lodge your BAS for the reporting period 1 July 2009 – 30 September 2009:

“I pay what I’m required to pay, not a penny more, not a penny less. If anybody in this country doesn’t minimise their tax, they want their heads read because, as a government, I can tell you you’re not spending it that well that we should be donating extra.” Kerry Packer

Contact us (quickly) because we may be able to get an extension for your BAS

1) Bury your head in the sand and hope that the whole thing will go away

2) Have a panic attack and wonder what to do now you’ve missed the deadline

3) Shrug your shoulders and just accept the fact that you’ll be making a late lodgement of the BAS

4) Stay up all night sweating away trying to complete the BAS even though it’s going to be a late lodgement

5) Call the tax office (ATO) and tell them that your dog grabbed the BAS form and has buried it in the garden

6) Look through your pile of paperwork, because you remember seeing the Business Activity Statement somewhere, sometime whilst making a mental note that it had to be lodged by the end of October

7) Call your accountant and ask him / her what you should do next

8.) Do nothing, and just accept that fact that you’ll be fined for a late lodgment, and look forward to receiving fan mail from the ATO

9) Go to the fridge and grab a coldie, sit down and relax

10) Contact us (quickly) because we may be able to get an extension for you, as well as getting all your documentation sorted out to help you ensure that you’re not going to be paying Kev247 more than you need, since he’s shown us all how good he is at spending all that money