Which of these excuses is stopping your business growth?
The last 5 years has brought about a seismic shift in the industry with something we like to call The Industrial Revolution of Accounting – Cloud Accounting. Just as with the industrial revolution in the 18th and 19th centuries when we moved away from manual processes to automation, cloud-based accounting software has taken away many […]
Virtual Accounts Department – It’s not what you think
There’s a lot of talk these days about ‘outsourcing’ and ‘virtual’ everything, but what exactly is a Virtual Accounts Department. Virtualisation of the accounting function for your business is not sending information staff based overseas. The information is processed by the software. What is a virtual accounts department? It is a five-step process: Why should […]
The Sting in the Tail of the Small Business Tax Cut
In the 2017 May budget, there was some good news for small business – the Federal Government announced a measure whereby corporate tax rates would be reduced for small businesses entities across Australia. It meant 870,000 businesses, employing 3.4 million Australians could look forward to having their tax rate reduced. Great news, right? Well, yes…and […]
Your Life’s Work is Worth a Little More Work to Safeguard Your Future and the Future of Those You Care About
Seven of every ten wills in Australia that are contested in court are successfully overturned. That’s a sobering number. And it means if you think your final wishes are set in concrete, you may have to think again. With Australians working and living longer, and Government’s seemingly set on forever tweaking the rules that govern […]
Protecting the Cash Leaving your Account
We’ve all had the experience of a payment going wrong. Maybe we entered the incorrect payment details, perhaps the invoice was hacked, the recipients account details changed or you were the victim of internal fraud. Whether you’re paying an invoice through your desktop banking platform or entering a new payee’s details on your mobile app, […]
Changes for Mortgage Brokers and how it affects you
The Royal Commission has recommended changes to the way Mortgage Brokers are paid. We’ve worked closely with mortgage broker, Craig Tracey for a few years now. An expert and passionate broker, who’s helped many Hopscotch clients finance homes and businesses. In December 2018, 59% of all new home loans were written by Mortgage Brokers, which marks the highest […]