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Blog ยป September 2015

September 2015

End of Year Journals

Do you ever get frustrated when the Accountant sends you the End of Year Journal and there are entries to the Bank account or to the Trade Debtors and Creditors?

Are you even more frustrated when the Accountant won’t send you an End of Year Journal?

And back to basics - what is an End of Year Journal?

Posted: 22/09/2015 6:51:01 PM by Julie Ferguson | with 1 comments

What is the difference between Current and Non-Current Assets

As we’ve previously discussed it is critical for you as a bookkeeper to be well aware of the underlying principles for each of the main financial reports.

It’s pretty simple – if you can’t read the financials how can you be sure your work is correct and how can you make any beneficial comments to your clients?
A Balance Sheet works on the fundamental accounting principle that:
Posted: 11/09/2015 10:54:36 AM by Sue Hart | with 0 comments

The GST Coding Dilemma

The debate of how and what to code different expenses to has been an ongoing debate and dilemma since the introduction of GST in the year 2000 in Australia.

Posted: 4/09/2015 8:00:00 AM by Julie Ferguson | with 0 comments

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