Blogs published on 22-04-2020

Useful links for the JobKeeper payment accounting

POS SOFTWARE

 

Here is the ATO requirements for JobKeeper

For most of you, the big issue is the turnover test. You need to be 30% down on the same period last year. There appears to be no pattern, some of our clients are way over last years figures, and some are way down.

But if you are eligible, then you will need to set it up in your payroll system. Here are some useful links from the most popular payroll programs used by our clients.

MYOB

QUICKBOOKS

XERO

 

 

 

 

Add new comment

Restricted HTML

  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <blockquote cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.
CAPTCHA This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. Image CAPTCHA
Enter the characters shown in the image.

Shops are starting to re-open

POS SOFTWARE

 

In much of the world now and Australia shops are tentatively starting or planning to reopen. Schools are starting to reopen. I would imagine within four-weeks most shops will in some form or another be open. 

So its time to seriously start planning. 

One problem I see that even if the shops do open, consumers may not be eager to go to a physical location because of fears of infection. Our restaurant clients were already suffering a huge loss in trade even before the lockdown for this pandemic came. The other problem is that now we have about 10% unemployment. A lot of people are now in no position to buy much. It is going to take quite a while to get them working and until they are settled you can be sure that until then their shopping priorities will change.

And then there is also the loss of the Chinese tourist, we need them back and I doubt they are coming back soon. 

But life goes on.

So I think we can expect many changes in consumer shopping habits as we leave lockdown. There will be an initial surge, to places like the hair salons, then doctors, dentist and other health professionals. There is also now an initial pent up demand, for example, I badly need a new pair of runners and I cannot order online as always have trouble with shoes so I need to try them first. Then there will be a slow move to something that could be called normal.

The other problem is that the public has been forced to use internet shopping. Many are now getting used to it so it will be a struggle for brick and mortar shops to get them back, so count on big sales.

The Grand reopenings!

Where are you going to be in all of this? What are your plans?

Add new comment

Restricted HTML

  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <blockquote cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.
CAPTCHA This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. Image CAPTCHA
Enter the characters shown in the image.