Numeric Eight Blog

Emerging From Lockdown: Planning For FY 20/21

Monday, July 06, 2020

We recently collaborated on a joint webinar with the HR Dept.

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Can I Answer A JobKeeper Payment Question For You?

Thursday, April 30, 2020

Last updated: 30 April 2020

Under the JobKeeper Payment, businesses impacted by the Coronavirus will be able to access a subsidy from the Government to continue paying their employees. Affected employers will be able to claim a payment of $1,500 a fortnight per eligible employee from 30 March 2020, for a maximum period of 6 months.

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Accounts Receivable - It’s all about process

Thursday, July 11, 2019

The sooner you send an invoice, the faster you will get paid. So here’s our guide to keeping your business cash fit and sustainable.

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Accounts Receivable Demystified

Friday, July 05, 2019

In bookkeeping and accounting, there are many technical terms which can make things sound more complicated than they need to be. Our goal is to demystify these terms so you can make sound decisions about your business. Today we are explaining Accounts Receivable. 

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Why can’t my admin assistant do my books?

Monday, June 03, 2019

For many business owners, hiring a virtual assistant or admin person is one of their first personnel hires. It makes a great deal of sense because it frees your time to focus on building your business and churning out the work.

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Single Touch Payroll - Are you Ready for July 1, 2019?

Friday, May 03, 2019

Have you heard of Single Touch Payroll? We are less than two months out from the deadline on single touch payroll (STP) fro mircro businesses!

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Live The Life You Imagined

Tuesday, April 30, 2019

Most people dream about starting their own business long before they actually do. Once you begin, reality quickly takes hold and you find yourself doing lots of tasks outside your area of expertise – often in the belief it is saving you money. 

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Use Focused Networking to Grow Your Business

Monday, April 01, 2019

One of networking’s golden rules is that you need to invest time and effort to receive results. But that depends on your networking group. You see there are 2 types of networking groups – the fluffy ones and the business focused ones.

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Essentials: P&L Statements vs Balance Sheets

Thursday, March 07, 2019

What is a Balance Sheet?
A balance sheet represents the financial position of the company on a specific date.
It enables readers to understand the entity's financial stability, liquidity and solvency. The balance sheet is prepared on the basis of the balances transferred from the P&L account. 

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The 6 key questions every business owner should ask

Wednesday, February 20, 2019

Trudi Yip would have to be one of Australian’s most enthusiastic business owners. She’s literally done it all her life yet she still maintains an infectious joy for the whole process. More than that, Trudi loves to see creative businesses thrive and uses her bookkeeping firm, Numeric Eight as the vehicle to help her clients.

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