Accounting

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Accounting

Get the $20,000 instant asset tax write-off

POS SOFTWARE

 

If you are seriously planning to upgrade your computer system soon, it would be a serious loss not to take advantage of this year, immediate $20,000 tax write-off if your business turnover is less, then $2 million dollars. If so you are running out of time, for this year's deduction. I would suggest that if you are in a position to take advantage of this concession, you should do so. Note you can always get another $20,000 next year, and then it ends.

It’s a great opportunity to spend on something that will help you work smarter and more efficiently, improve your shop and allow you to offer better customer service. We are currently sending out some good offers for our clients.

I would suggest that you speak to your accountant about it ASAP.
 

Customer receivable on 30 June 2014

POS SOFTWARE

Question:

How do we get the Accounts Receivable Balance for Customers to ensure that you produce the report after the deliveries for Monday have been charged?

Answer:

Since round cards tend to run automatically at 10:30pm by the scheduler so not to waste newsagent's time, you need to run this report, the Customer balance report until after your rounds have run for the day. The easiest way to do that is after the 30th June, in the criteria of the report in the From date select the 30th.