Fraud Awareness Week
We are hearing of fraud involving invoices being intercepted and bank details replaced more often.
How can you protect yourself?
17/11/2021
We are hearing of fraud involving invoices being intercepted and bank details replaced more often.
How can you protect yourself?
What does a week in the life of a bookkeeper look like?
For us this week has included:
– Ongoing bookkeeping services
– Government support claims
– Preparing BASs
– Onboarding new team members
– Lots of meetings
– Client support
– CPE
– Community
– Back of house
Its crucial to look out for banking/invoice scams in the small business world.
Email hacking where invoices are intercepted and bank details are changed are becoming more common.
The Boosting Apprenticeship Commencements program will extend support into the second and third year of an eligible Australian Apprenticeship through the Completing Apprenticeship Commencements program.
What is a cloud app?
Its an app you use over the internet – you don’t have to install anything onto your computer.
How do you decide which apps to get? There are over 1000 that connect to xero!
Is it time to ditch desktop software and get something a bit more flexible? We can help part the clouds with our sunny rays!
Disgruntled workers aren’t great in your business, but how do you keep your workers gruntled?
Are they wanting flexible working conditions?
When granting flexible options for your team – make sure you are not up for unexpected extra costs.
I forgot is not something you want to be saying often about compliance deadlines!
Shortly your staff may ask you for a Group Certificate/Payment Summary. Staff will not be receiving any documentation from you, Group Certificates have been replaced by Income Statements under the STP system. An annual ‘STP Finalisation’ to the ATO by 14th July. Staff will be able to access details in their MyGov account. Personal tax
What a croc!
Did you hear the one about all purchases from Bunnings & officeworks being tax deductible?
Only licenced agents are allowed to give tax advice – assume free advice is a croc of s#@t designed to sell you something.
Next time you get free tax advice from anyone other than your expert – say what a croc and run away (if you can in those shoes)
Its Email Week, do you know how to minimise the risk of email scams?
The most common threat we see is paying fraudulent invoices – if a supplier suddenly has a new account, call someone you know to verify the change, it is very hard to recover your funds once they have left your bank account.
Australian Cyber Security Centre has some great tips for small businesses.
