Key Personnel: Understanding Your Essential Workers

Key Personnel: Understanding Your Essential Workers

Your staff are a vital resource in your business—their skills and knowledge are critical to your organization’s success.   Some of these are employees who have the authority to directly or indirectly plan and control business operations, and significantly influence...
Business Process Automation

Business Process Automation

Thanks to advancements in technology, several labour-intensive tasks are now being automated. In the quest for improved efficiency and productivity, many companies have turned to automation. But if you think automation means big corporations replacing human employees...
7 Steps to Improve Business Efficiency

7 Steps to Improve Business Efficiency

Sometimes, you’re struggling with handling your finances, or keeping your books up-to-date are being time and energy consuming. It can feel like wheels spinning in the mud—and it’s hard to get that traction back.  But how can you fix these kinds of issues and have a...
COVID-19 Business Assistance Measures

COVID-19 Business Assistance Measures

Here is a summary of measures announced to date. For Coronavirus payroll tax relief (Queensland), scroll down below. For assistance with your payroll and bookkeeping please contact AURIC Financial. Sole Traders (Summary) – Initial Measures 1. Refund of previously paid...
Everyone’s Talking About Coronavirus (COVID-19)

Everyone’s Talking About Coronavirus (COVID-19)

The last few weeks have been interesting across the world, with the outbreak of Coronavirus (COVID-19). Currently, the World Health Organization (WHO) has announced that COVID-19 is a pandemic. The Australian Government has just released their economic response to the...
The Role of a Professional Bookkeeper in Your Business

The Role of a Professional Bookkeeper in Your Business

Unlike an accountant, your bookkeeper looks after the day-to-day duties within your business. Your accountant may audit the books monthly, quarterly or at tax time and give specialist tax advice, but your Bookkeeper has their “finger on the pulse” of your...
Xero Tips & Tricks

Xero Tips & Tricks

Q and A: Q: Can I open more than one page of my Xero file? A: To open a second (or more) pages in your Xero file go to your browser tab & Right Click, you should get an option to Duplicate the page. You can then switch between pages. Q: Is it possible to have more...
Employee and Contractor Issues

Employee and Contractor Issues

Increasingly many employers prefer to treat workers as contractors as it can enable them to cut costs in terms of workers compensation, payroll taxes and superannuation guarantee. They can also negotiate pay rates outside of normal wages and conditions, and do not...