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Bank Reconciliation: Why It’s Essential and How to Do It Right

Bank Reconciliation: Why It’s Essential and How to Do It Right Bank reconciliation is a crucial yet often overlooked bookkeeping task. Without proper reconciliation, businesses risk cash flow issues...

SEO vs. PPC – Which One is Right for Your Business?

SEO vs. PPC – Which One is Right for Your Business? The Sprint vs. The Marathon in Marketing Everyone knows Usain Bolt—the fastest sprinter in history. He holds multiple world records, eight Olympic...

Coalition Proposes $20,000 Tax Deduction for SMEs

In a move aimed at bolstering small businesses and the hospitality sector, the Coalition has unveiled a proposal to introduce a tax deduction of up to $20,000 annually for business-related meal and...

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...

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...