Streamline Management News
* This is generic info to give you a few pointers and should never be relied on as specific accounting advice.
Contact your expert (not your mates at a BBQ or the guy trying to sell you something) to discuss your situation.
Push Button Phone Day – Authentication app
If its time for a newer phone – you’ll need to transfer your authenticator app.
Sing out if you need a hand – we’d hate you to be locked out!
Tip: its easier before you ditch the old phone
Fraud Awareness Week
We are hearing of fraud involving invoices being intercepted and bank details replaced more often.
How can you protect yourself?
Entrepreneurs Day
What is an entrepreneur?
Dictionary definition: a person who sets up a business or businesses, taking on financial risks in the hope of profit.
We think a true entrepreneur is someone who is innovative – they have a great idea and are willing to take risks to bring it to the market.
Sometimes they fail, sometimes they change the world. They are disruptors.
Micro Business Grant Fortnight ending 14th November
Its time to confirm eligibility to receive your next payment for the fortnight ending 14th November, eligible businesses will be paid $750 for the fortnight.
Make sure you have reconciled all of your deposits before you complete testing.
You do not need to submit details, however you need to keep records on file in case of audit.
Need a hand? Ask!
Global Bookkeeping Week – what have we done all week?
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
International Accounting Day
Today is International Accounting Day, we hope all our accountant buddies are having a wonderful day.
We are often asked ‘What is the difference between a bookkeeper and an accountant?’ Or ‘Do I really need both?’
To us it’s like doctors and nurses, accountants (tax agents) are the doctors and bookkeepers (BAS agents) are the nurses, both have an important role to play in client health and well being. We love to work together to get the best outcome for our clients.
JobSaver fortnight ending 7th November
Its time to confirm eligibility to receive your next payment for the fortnight ending 7th November – which will be paid at 15% of wages.
Minimum payment will be $1,125 for the fortnight ($562.50 per week).
You will need to use the same comparison method you used last fortnight.
Donut Appreciation Day
Donut forget to appreciate all the good things in your personal and your business life.
We really appreciate being able to help our great clients run their businesses.
We also appreciate our fun colleagues – thanks for collaborating with us, it really boosts us up.
Director ID
No not for movie directors, for company directors.
ATO says: The director identification number (director ID) is a unique identifier that a director will apply for once and will keep forever. If you’re a director of a corporate trustee of a self-managed super fund (SMSF) you will need to apply for a director ID.
You will be able to apply for a director ID from November 2021 on the new Australian Business Registry Services (ABRS) online and will log in using the myGovID app.
When you must apply for a director ID, depends on the date you became a director. You will need to apply for your director ID yourself to verify your identity. No one can apply for it on your behalf.
NSW Micro Business Grant reconfirm eligibility
If you haven’t received a payment today you may need to test and reconfirm your eligibility.
Make sure you have reconciled all of your deposits before you complete testing.
You do not need to submit details, however you need to keep records on file in case of audit.
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