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Xero and it’s addons

Learn tips and tricks to using Xero, it’s addons, and other tools to help you improve your financial literacy or manage your business better

What is a Business Activity Statement (BAS)?

If your business is operating in Australia, you’re responsible for submitting Business Activity Statements (BAS) to the ATO – even if you did no business during the reporting period! These statements are used to report on and pay several different types of taxes including the Goods and Services Tax (GST) and Pay as You Go (PAYG).

Keeping Good Business Records

When it comes to record keeping, small businesses that don’t use modern accounting software often find themselves in a difficult situation – They either have a shoebox stuffed with receipts and invoices or they end up with misplaced or lost records. You know you want to avoid both, but how do you know which records you should keep for the ATO? And what is the most effective way to keep them?

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About Digit

We are a team of Chartered Accountants, Bookkeepers and Tech Integrators that love enabling business owners to make great business decisions through better bookkeeping. With Xero as our weapon of choice, we have the skills to streamline your financial management, and get you back to doing the things that got you into business.

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