See what our clients say about XO Accounting and how we bring our mantra of "Time, Money, Team" to life for them:
Michael Kirby
Recent Posts
See what our clients say about XO Accounting and how we bring our mantra of "Time, Money, Team" to life for them:
For those working online, the internet is now second nature. Quickly, it has become imperative in connecting with customers, conducting business transactions and networking internationally. Therefore, it is understandable that a high concern for many is keeping their data secure from possible cybercriminals and hackers. These criminals are targeting businesses, both small and large, across countless industries.
Sometimes it can be easy to forget the importance accounting has to the success of your business. Your accounts tell you the true story of your business, and are essential in you predicting and shaping the future of your business.
Cloud technology has become more mainstream in recent years, giving small businesses the opportunity to adapt the way in which they work. Here at XO Accounting, we utilise Xero software, which can improve every step of your digital process, including collating, managing and submitting your financial data.
Suburban Scammers Pushing Illegal Early Access To Super
The ATO has become aware of people in some suburban areas of major cities attempting to encourage others to illegally access their super early (generally for a fee) to help them to purchase a car, to pay debts, to take a holiday, or to provide money to family overseas in need. The ATO advises that anyone approached by someone telling them that they can access their super early, or anyone hearing about it from family, friends or work colleagues:
Topics: tax
The move to the cloud is often not a question of if it will occur but more likely when it will occur, for most small businesses. So what is the reason for so many businesses embracing online cloud software?
Topics: online accounting, small business accounting, xero, Technology, xero accountant
For employers who began using Single Touch Payment (STP) before 1 July 2018, the ATO has provided further information regarding employee pay summaries for 2017/18 and how they may change using STP, including:
The growth of identity theft and in particular Tax File Number theft on the rise XO Accounting have increased our efforts in keeping our client’s data safe. Recently XO Accounting partnered with Practice Protect to install their state of the art Cyber Security App to manage our firms data security. The App allows us to meet some of the world’s most stringent data security accreditation and monitoring programs.