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What Are GST-Free Sales?
What Are GST-Free Sales? In Australia, most businesses charge Goods and Services Tax (GST) at a rate of 10% on their products and services. However, certain essential goods and services are classified as GST-free, meaning GST is not included in the price—yet businesses can still claim GST credits for expenses related to those sales. Understanding […]
Automate Bookkeeping with Xero Bank Rules
Automate Bookkeeping with Xero Bank Rules Managing business finances manually can be time-consuming and prone to errors, especially when dealing with recurring transactions like supplier payments and customer invoices. Xero Bank Rules offers a powerful solution by automating transaction categorisation, making bookkeeping faster and more efficient.At The Global BPO, we understand the importance of streamlined […]