Category Archives: News

Invoice Redirection Fraud: What you need to know

When Lee,* an Accounts Payable Officer, saw an email from one of her suppliers saying they’d changed their bank details, she didn’t think twice. After all, the invoice looked normal, and the email sounded completely legitimate. What could possibly go wrong?!? A lot, apparently. When most of us think of email scams, we think of…

Getting the most from Receipt Bank to automate your purchasing

For all but the smallest businesses, we recommend using a digital service for managing invoices and receipts. These are relatively cheap and save lots of time, in some cases halving the accounts workload for a business. There are many on offer, but for the last few years we’ve generally preferred the features, accuracy and speed…

Avoid paying GST on imported services and digital products

From 1 July this year, GST applies to imports of services and digital products to Australian consumers. However businesses registered for GST don't need to pay it.

Guidelines for kindergarten treasurers – 3rd edition

Slate Accounts has just released the third edition of its Guidelines for Kindergarten Treasurers. This edition builds on Slate's growing expertise in the sector and includes an additional section exploring some of the issues and quirks specific to it.

Money Never Sleeps…neither will you if you’re troubled by cash flow

Forecasting and managing cash flow are important for all but the luckiest of businesses. Our clients who make time to consider the drivers of their cash flow and predict their future cash position are seeing planning benefits and getting some much needed peace of mind.

There’s no shortage of data being collected by business software and systems but knowing how to pump out useful information using that data is where most of us are lacking. To get you started, here’s some of our best features and tips for novice Excel users.

Quickbooks Online offers amazing cloud accounting value

If you’re looking for new accounting software definitely include Quickbooks Online in your thinking. It’s really good software and being sold until the end of June 2015 at the amazingly low $4.99 / month* for the life of the file.

Here is a great list of tips and strategies to consider when cash gets tight, from accounting software Saasu’s CEO Mark Lehmann. There are no secrets on it, but it’s helpful to have such a comprehensive list in one place as a checklist if your exploring options to improve your cash position.

The future of Xero at Xerocon

Bryan and I had a great time at Xerocon last week, Australia’s biggest accounting technology conference. The outlook for Xero is stronger than ever, here’s the key trends we saw ...

ATO Stops Sending Paper Activity Statements

Good news for trees, the ATO has stopped sending paper activity statements to those people it knows lodge electronically. It’s long caused confusion and much wasted effort when those paper forms continue to arrive after people start using the business portal, or engage a BAS agent to take care of things.