Reprint from SmartCompany.com.au 15 June 2016 ENGEL SCHMIDL / Monday, June 16 2014 “Miscoding bank transactions, failing to keep accounts up to date and losing touch with your accountant are among the most common slip-ups made by SMEs at the end of the financial year, according to a survey released by the Institute of Public … Continue reading The five most common mistakes SMEs make at tax time
Statistics reveal that about half of all small businesses fail within the first 2-5 years. The main cause of business failure is poor financial planning and management. Accurate bookkeeping is essential to know how your business is operating and to be able to make informed decisions which affect the success of your business. Some … Continue reading 7 Bookkeeping Mistakes Business Owners Should Avoid
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