Bookkeeper Hub Blog

Why Do New Businesses Need Bookkeepers?

The answer is simple – because you have better things to do! Seriously, when you start a business you try and do everything yourself to keep the costs down.   This means you are Jack of [...]

Why Do Existing Businesses Need Bookkeepers?

The answer is simple – because you have better things to do! Lets be honest, most business owners hate doing the bookwork. When you think about it, it’s a tedious, time consuming process that [...]

Xero Bank Feeds

Xero Bank Feeds are the best thing sliced bread! No Seriously they are.  Each night your bank pushes through the transactions from your bank to Xero so everyday if you want to, you can reconcile [...]

Wages – When to Report them

I was asked the question recently about when to report wages.  This came about as a client processed a payrun on 30/6 but the payment didn’t go through until 2/7. So the quandary – is [...]

Unpaid Superannuation for Directors

Directors go under the same rules as any other employee – if they earn more than $450 per month then they are required to pay 9.5% Superannuation Guarantee Charge (SGC) on their wages. There is [...]

TFN’s and Junior Workers

Generally all adults have a Tax File Number (TFN), but what happens when you employ a junior?  Getting a TFN can be a bit of an onerous business and most 15 year olds don’t have [...]

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