News & Updates
Messenger
You may notice that there is a circle icon at the bottom right of the screen on the website now. This is a link to the InterAcct team from Messenger (facebook). If you want to talk with the sales team or even support we can assist you from here rather tha
Christmas Break
While our office will be unattended during the Christmas Break, feel free to send us an email if you have any questions and we will be happy to get back to you. Stay Safe.
Signs Your Business Technology Needs to be Updated
Has your business stagnated? As an entrepreneur, it’s essential that your business systems are up to date if you want to remain competitive. However, it can often be difficult to assess which parts of your business are outdated and need to be improved. Up
Sales Order Kitting
I had been asked before for a Video that just looked at Sales Order Kitting to show what the module would allow you to do. Here is the video on Vimeo, or you can see it on the Sales Order Module
Cash Flow Report
A new Cash Flow report has been added to the standard system. Taking it beyond a simple review of Aged Debtors + Bank compared to Aged Creditors. This report looks at outstanding purchases that may require payment if delivered ontime, estimates of payroll
Tax Tables
We have received confirmation from the ATO that there will not be new tax tables this year from the changes in the federal budget for the Low and Middle Income tax Offsets but rather that this amount will only be through their Income Tax Returns.
Extention of End of year reporting.
The ATO has extended the normal cut off for end of year reporting of Payroll info until the 31st of July for this year. Single Touch Payroll (STP) changes how you report your employees’ end of financial year (EOFY) information to your employees and the A
TPAR – Reporting Subbies
Starting this year the TPAR report for Subbies has expanded from just the construction Industry. The ATO have the following additional industries now requiring to report how much they are paying each subcontractor and or Consultant. You may need to lod
Low and Middle Income Tax Offset
On 5 July 2019, the Treasury Laws Amendment (Tax Relief So Working Australians Keep More Of Their Money) Act 2019 received Royal Assent. This Act makes changes to lower taxes and builds on the Personal Income Tax Plan as announced as part of the 2019-20
Partial Year STP
We have had a number of clients ask questions about reporting part of a year via Single Touch Payroll. If employees were paid earlier in the last financial year before you started Single Touch Payroll but left before you started STP then the ATO prefer th
New Tax Tables
With the ATO releasing the new NAT 1004 and NAT 3539 documents for 2019/2020 on their website last Friday, InterAcct have updated the Tax tables for the coming financial year. Contact Support if you need assistance installing the new tables.
How easy to use is the software
How easy is the InterAcct Software Application? Why will it take me multiple days to learn the software? Is there any help in this process? Well the answer is Yes there is help with videos, manuals, and on screen help text. But there is alot to take in. W