Shoebox Blog

What is Open Banking and How Will it Affect Your Business?

In Bookkeeping Basics | Posted 2 weeks ago, 07/08/2020 at 7:08pm

Open banking is all about transparency and it gives bank customers direct access to their data and allows them to request that data to be sent to other financial institutions.

Bookkeeping Tips For Construction Businesses

In Bookkeeping Basics | Posted 3 weeks ago, 29/07/2020 at 1:44pm

There are some common financial operations among most construction businesses; you will have employees or contractors – sometimes both – and you will be contracted to provide services to the public or other businesses. As this can get overwhelming when projects start, sometimes it’s easier for an expert to take the reigns.

The Ins and Outs of Bookkeeping Software for Small Businesses

In Bookkeeping Basics | Posted 16/07/2020 at 2:04pm

Bookkeeping software is not only good for keeping track of your cash flow, but it also helps you avoid errors in invoicing, payroll, and record keeping. It is great if you’re looking to get organised and stay on top of your expenses.

Partnering Up in Business

In Bookkeeping Basics | Posted 16/06/2020 at 2:51pm

Running or starting a business solo can be challenging. That’s why some sole traders choose to go into business with a trusted partner. Here, Shoebox provides a guide on everything you should know before entering into a partnership. Read on to learn more about business partnerships before you make the leap and join forces.

What’s the Difference Between Bookkeepers, Accountants, and Tax Agents?

In Bookkeeping Basics | Posted 05/06/2020 at 3:04pm

To give you a stronger understanding of the similarities and differences between Bookkeepers, Accountants, and Tax Agents, Shoebox provides a summary of each role. This guide shows you what working as a bookkeeper, accountant, or tax agent may look like and some of the qualifications you’ll need if you’re wanting to break into the industry.

Differences You Need To Know As a Sole Trader or a Small Company

In Bookkeeping Basics | Posted 22/05/2020 at 9:17pm

If you’re a small business, you might be wondering whether you qualify as a small company or a sole trader and where certain limitations apply. It’s important to distinguish your business as one or the other as both contain different legal, tax, record keeping, set-up costs, and financial reporting obligations to the ATO, as do all the business structures.

Shoebox Franchisee Recaps JobKeeper and COVID-19

In Industry News | Posted 20/05/2020 at 12:16pm

As COVID-19 restrictions ease, businesses begin to resume some sort of 'normal' operation. With JobKeeper Payments rolling out in early May, bookkeepers and accountants have been crazily putting in the work. Read about the experiences from a Shoebox Franchisee.

Pre and Post COVID-19 Working From Home Tax Benefits

In Bookkeeping Basics | Posted 13/05/2020 at 8:34pm

One of the biggest issues working from home introduces is the newfound strain on home-based expenses.We’re here to explain the benefits you can claim from working at home, whether this is your usual set-up, or whether COVID has forced this new experience onto you.

5 Ways to Support Staff Working From Home During COVID-19

In Bookkeeping Basics | Posted 25/04/2020 at 2:41pm

Working from home involves a big adjustment in your staff, management, and overall business structure. While it seems like it would be an overall enjoyable and comfortable experience for many, working from home does come with certain challenges and limitations.

Navigating Through the Uncertainty: 10 Financial Tips for Businesses During COVID-19

In Bookkeeping Basics | Posted 15/04/2020 at 7:49pm

To support businesses during this unprecedented event, Shoebox provides the following advice for business and financial management over the next few months which will prove difficult for many business owners who are trying to afloat amid the coronavirus pandemic.

Government Incentives to Support Your Small Business During Coronavirus

In Latest News | Posted 08/04/2020 at 5:06pm

Small businesses are the backbone of Australian. While the future is currently uncertain, it’s as important as ever that small business owners are supported through access to as many incentives provided during this bleak time.

FREE Workshops to Help You Manage Your Business

In Bookkeeping Basics | Posted 11/03/2020 at 2:44pm

It might surprise you to learn there are a bunch of free workshops running across the country. To help you with your business finance (arguably the most crucial part of running a business), the ATO provides face-to-face workshops. Keep reading to find out more!

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