Future-proofing your accounting practice
Helping accounting practices save time and work more efficiently.
INSIGHTS
Protecting Your Clients’ TFN: Why Redacting in Your Client Portal is Non-Negotiable
As an accounting practice, you strive to protect your clients’ details, always ensuring that their sensitive information remains confidential. One essential piece of information is their Tax File Number (TFN). You might think that a document including a TFN within a...
Enforcement of Debt and Director Penalty Notices: Proactive Management is Key
As the ATO takes an increasingly stringent stance on debt, accountants and tax agents need to be more proactive than ever. With the ATO strongly enforcing tax debt there will be a rise in the number of credit referrals and Director Penalty Notices being sent...
Take Time to Simplify Your Processes to Ease Your Workload
While the thought of integrating technology to simplify your work processes might seem daunting, a small investment of time now can pay off with long-term benefits including easing your workload.
Personalised communication is key to client satisfaction and engagement
In the world of accounting, technical knowledge and analytical skills are critical. However, communication skills are equally significant. Communication is the backbone of any successful relationship. Effective communication goes beyond merely conveying numbers; it...
The Benefits of Cloud Accounting Ecosystems for Accounting Practices
Cloud accounting has revolutionised the way accounting practices operate, with many firms already switching to cloud-based platforms. If you or your practice hasn’t already, you should consider moving to the cloud. What is a Cloud Ecosystem? A cloud...
How to Manage Your Clients’ TFN Information and Stay Compliant
As an accounting practice, you have a responsibility to manage your clients' Tax File Numbers (TFN) properly to ensure compliance with the law. Failure to do so can result in investigations and penalties . In this article, we look at the best practices for...
CASE STUDIES
Jovic Accounting
Jovic Accounting engaged with BAW to help automate the processing of ATO documents via ATOmate.
Kennedy King Chartered Accountants
Kennedy King Chartered Accountants had the BAW team implement ATOmate to automate ATO document processing.