Innovative Bookkeeping Services
A professional Bookkeeper and accounting program will empower you to understand your data and make informed business decisions. An unsuitable Bookkeeper or inefficient accounting system can be disastrous!
We offer a range of bookkeeping services to suit your requirements.
- Software selection and training
- Online Solutions
- Advice and consulting on systems
- On or off site assistance
- Data entry
- Reconciliation and reviews
- BAS Preparation
At The Money Edge we love what we do! It gives us great satisfaction to start a job that seems like an endless mountain of disorganised paperwork and finish with the data entry complete, bank accounts reconciled, reports printed and paperwork filed for you. We love to see small businesses thrive and business owners achieve a healthy work life balance.
Are you up late at night entering invoices or crunching numbers? Do you get confused about what has GST and what hasn’t.
Are you receiving payment penalties because of late lodgements?
What is your time worth to you?
We understand you are busy with your business and that there are deadlines to be met with BAS, IAS, PAYG, payroll tax and superannuation processing. Let us take care of this for you and let us manage the deadlines.
You can save thousands with a professional Bookkeeper. A business owner is worth on average a $100 an hour. So every time you or your partner decides to do your own bookkeeping you are losing money or precious time that you could use to build your business or spend time with loved ones.
Contact us for a free consultation to see how our services can make your life easier and your business more profitable!
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The taxation laIf the total value of a superannuation fund member’s pensions exceeded $1.6 million on 1 July 2017, they may faceThe ATO finds that businesses tend to forget to update their Australian business number (ABN) details in the AustralianA limited release of ‘Single Touch Payroll’ began for a small number of digital service providers and theirAlthough we don’t normally report on Opposition tax policies, this policy change is so fundamental, and the existiR U OK? Day is our national day of action dedicated to encouraging everyone to connect with the people they care about aPowers of Attorney are documents created to empower someone to make decisions on behalf of another. A person making a PoWe all insure our cars (we even insure our pets), but how many of us have Life, TPD or Trauma insurance? Who is going tIn an electronic world when is it best to still have a piece of paper? 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This amount limits dThe ATO has released its latest taxation determination on reasonable travel expenses, and it includes a big change for eThe Government will seek to legislate to close a loophole that could be used by unscrupulous employers to short‑change eFrom 1 July 2017, where a foreign resident disposes of Australian real property with a market value of $750,000 or aboveParliament has passed legislation which applies GST to goods costing $1,000 or less supplied from offshore to AustralianFrom 1 July 2017, GST applies to imported services and digital products from overseas, including: digital products suchThe ATO is increasing attention, scrutiny and education on work-related expenses (WREs) this tax time. Assistant CommissWhen you start a new job, your employer will begin making regular contributions to your super. Contributing to super isWelcome to the 2017/18 Financial Year! It’s already the end of July. By now your business resolutions should be set forAn appropriate estate plan ensures wealth is dealt with, after death, as intended, while minimising the impact of challeIf you’re invested in property – or if you’re looking to buy your first home or downsize – the federal government has prWorried about running out of money in old age? We talk to retirement expert and women’s advocate Nicolette Rubinsztein aUnfair as it might be, we make our first impression in a matter of moments. It takes just a quick glance, maybe only a fAre you an owner of a retail business and wonder how you could be doing things differently when it comes to your sales oSince 1 July 2016, where a foreign resident has disposed of real estate located in Australia, the purchaser has had to wUp until 30 June 2017, an individual (mainly those who are self-employed) could claim a deduction for personal super conThe ATO is reducing the amount of information needed to be included in the business activity statement (or ‘BAS’) to simIn the 2017/18 Federal Budget handed down on 9 May 2017, the Federal Government announced that it intended to extend theThe 2% Temporary Budget Repair Levy (or ‘TBRL’), which has applied to individuals with a taxable income exceeding $180,0Recently I found myself sitting in a room with 400 accountants all wanting the same goal, to learn about the changes inThere are many different ways stress can impact on your life. Have a look at the following list and see if any relate toIt is nearly the end of the financial year and it’s time to look at how your business has done for the year and talk toAre you keeping your receipts in a shoe box? Did you know that this could be costing you more at your accountants? SquiSetting up a business at home can be extremely rewarding, especially if it gives you more time to spend with family. ButHow do you best prepare for the end of the financial year? Adopt some of this advice and it could make a real differenceThe car parking threshold for the FBT year commencing 1 April 2017 is $8.66. This replaces the amount of $8.48 that appThe ATO has advised that, in the lead up to tax time, it’s important to be aware of what taxpayers share on socialAs a general proposition, for income tax purposes, interest income on a bank account is assessable to the account holderThe Government handed down the 2017/18 Federal Budget on Tuesday 9th May 2017. The Budget proposes (amongst several otheFor many small investors who have purchased investments properties over the years in an effort to create a nest egg, theOne of the most effective ways a company can understand their customers is through feedback. There are many ways that cBefore you swap your briefcase for a beach towel, have you thought carefully about what life in a quieter location wilThere is plenty of advice out there about why you should save for your future, but little that explains exactly how. OneHackers are only as successful as we are unsuspecting. Current antivirus software, secure passwords, backups, strong phWe all know the feeling – there’s a major purchase we want to make, but we’re worried it will break the bank. Whether itMother’s Day is a time to show your mother how much you appreciate their love and efforts they make every day. 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When you are breeding cattle you cannot choose wheExecutor: The person appointed by a will to administer the deceased estate. The executor holds all of the assets of theRising property prices have made it harder for young people to get into the property market than it was for previous gCentrelink offers a range of financial benefits to help parents manage the cost of raising kids. And if you’re a singleIf you’re thinking of setting up a self-managed super fund (SMSF), there are lots of things you need to consider first.The ATO has advised that the recent change to tax for working holiday makers means there are extra steps tax agents needDue to the introduction of the new ‘transfer balance cap’ from 1 July 2017, super fund members with pensionA lack of supporting evidence has led to a company failing to prove it was entitled to claim deductions for tax losses (From 1 July 2017, overseas clients with an Australian turnover of $75,000 or more will need to register for, collect andThe ATO is visiting more than 400 businesses across Perth and Canberra this month as part of a campaign to “help sThe ATO must be concerned about healthcare practitioners receiving lump sums and treating them as capital payments, as tIn conjunction with the introduction of the temporary budget repair levy (of 2%, payable by high income earners), the FBHaving employees means extra time and money spent on bookkeeping that you need to complete usually fortnightly but sometAttention all keyboard ninjas! If you’ve been finding your way around Xero and are ready to speed things up, here’s a cFor many years the Australian Taxation Office has been viewed with trepidation as our tax laws are some of the most compChoosing a Mobile phone plan and a service provider can be quite a task, especially nowadays when there are so many diffYou are being judged. Whether it is in social media, in your employment or in your everyday life, you are sending a messCloud technology and energetic competition have driven MYOB to develop new technology, functionality and even a new imagSetting up a home business is an exciting step. But for many women, it can also make the juggling act between work and fWhether you’re a growing family in need of a bigger house, empty nesters downsizing, or someone who’s just looking for aIf you’re a parent concerned about the spending habits of your son or daughter, you’re not alone. Here are some simple sDo you have a plan… We plan birthday parties, Christmas parties and any other excuse to have a party. We all plan to staIf you own a business, the good news is that there is a range of different grants available for you right now! Follow tMade in Queensland is a Queensland Government initiative supporting our Manufacturing Sector to become more internationaHave you heard about the Small Business Entrepreneur Grants Program? The program is providing matched funds to newly staSkilling Queenslanders for Work (SQW) represents a significant investment of $240 million over four years to support 32,The $130 million Jobs and Regional Growth Fund is part of the government’s broader $200M Jobs and Regional Growth PackagThe Australian Government has committed $220 million to the Regional Jobs and Investment Packages (RJIP) to help regionsAn employee construction project manager/supervisor was denied deductions for overtime meal expenses, as he was not paidThe ATO is currently reviewing arrangements where individuals (at, or approaching, retirement age) purport to divert theThe ATO has issued a reminder that the government has changed the way fringe benefits will be treated for the calculatio