Most RecentMost ViewedMost LikesRetention Money – don’t let clients steal your cream! What is retention money and how does it work? Here's my take on it... Consignment stock (as consignor) This article explains a method for handling consignment stock from the point of view of the consignor. ATO INTEGRATED CLIENT ACCOUNT Easy steps for Tax and BAS Agents with access to the ATO Integrated Client Accounts, to reconcile this account. Factoring of debtors Factoring of debtors is where a company sells its debts to a 3rd party, such as a finance company, and the 3rd party charges a fee for the service. Wine Equalisation Tax (WET) for wine wholesalers If you're a wine wholesaler, this article explains one way of handling WET in your MYOB software. Deferring GST on imported goods (Australia only) The GST deferral scheme istypically only available to businesses who lodge monthly activity statements, and it results in theGST on imported goods beingdeferred from one BAS reporting period to the next. Wine Equalisation Tax (WET) for cellar door sales If you sell wine at the cellar door,this article explains one way of setting up your MYOB software to handle WET. Consolidating reports for multiple company files If you're looking for a way to generate consolidated reports for multiple businesses, here's a method which might work for you. Handling a share portfolio This article explains amethod for keeping track of a share portfolio. Reconciling your MYOB Pay Superannuation As promised in my previous blog post, here are some additional tips on how to reconcile your super.
