Maintaining a tight and accurate inventory management process is a critical part of the supply chain for any product business. Timely order fulfillment, efficient storage and warehousing, and accurate forecasting of your ordering needs all depend on a reliable and transparent inventory management system. Integrating your inventory management system with your financial accounting system, such as Xero, is an excellent...

So, you’ve made the decision to move to Xero. Congratulations! The Xero accounting software suite is the best of the best when it comes to handling business finances. Xero will take your business’ financial governance to the next level. Whether you’re migrating to Xero from other accounting software like MYOB or Quickbooks or transitioning from a more manual accounting process,...

When it comes to selecting the best accounting software for your business, there’s a reason Xero is preferred by many businesses. Xero accounting is fast becoming the gold standard for businesses across the globe. Xero is known for its simplicity and usability. The platform can unlock significant opportunities for businesses when the Xero accounting software suite is leveraged in the...

Xero represents the best accounting software available today. As a cloud-based accounting software solution, Xero connects you with your financial information anytime, anywhere, on any device. Xero is intuitive and easy to use. It can be integrated with thousands of other apps, giving you the opportunity to fully customise the experience for your business. Xero was originally designed for small...

2020 Bookkeeping Firm of the Year Last Friday evening, 19 June, the Keeping Company executives sat at home staring nervously at their computers whilst dressed up in their best kit. Strange concept right! We did this for the first ever virtual live broadcast of the Accountants Daily 2020 Accounting Awards where we were shortlisted as finalists in two categories, Boutique...

To assist you in ensuring your business understands and meets it’s payroll tax obligations, this blog highlights some of the common errors and misunderstandings that are to be avoided. Contractors Contractors vs employees You must consider the full relationship when deciding if your contractor is really an employee. This includes the following factors: The degree of control that the business...

From 1 July 2019, single touch payroll – the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO – will apply to all employers. What employers need to report will also be extended to include specific salary sacrificed amounts. Employers with 20 or more employees have been required to use single touch payroll since...

Keeping Company is pleased to announce the opening of their fourth office location on the outskirts of Brisbane. Margate, QLD: The industry leader in accounting solutions, Keeping Company has made their first strategic acquisition taking over local accounting business “Total Business Help” in Margate, Queensland. Over the past three years Keeping Company has expanded rapidly in the accounting and business...