New Tax Tables

With the ATO releasing the new NAT 1004 and NAT 3539 documents for 2019/2020 on their website last Friday, InterAcct have updated the Tax tables for the coming financial year. 

Contact Support if you need assistance installing the new tables. 

How easy to use is the software

How easy is the InterAcct Software Application? Why will it take me multiple days to learn the software? Is there any help in this process? Well the answer is Yes there is help with videos, manuals, and on screen help text. But there is alot to take in. We have just uploaded a video looking at Training Videos, Manuals, On screen help text and changing the flow of key screens in the software.

We get asked all of the time “why will I need 3-5 days to get an InterAcct system installed, is it not easy to learn?”. Yes, each process covered is normally described as easy but there are loads of processes that you might like to use, so we cover them all. There multiple options and in some cases even change the processes to better suit your needs.

This is a new Video from our Vimeo channel. It covers how easy is InterAcct to use and what help is available.

Variations to Contract

There is a new Video on the website that looks at producing a Variation to Contract on a Project/Job setup with sub jobs of Phases.

The video is less than 4 minutes long but covers most of the common questions in the process.

This Video looks at Variations to contract

A System that kept running.

Not sure if its our oldest current client but was pleasantly surprised to get a call from a client that is still running his system from us that was originally purchased in 4th of June 1987, almost 32 years ago. “A system that has just kept running” and he wanted a few updates.

We are glad that we are still here to be able to service him and his system and that its meet his business needs for all of these years.

Why upgrade?

We are often asked why upgarde or software, most of our needs are being met and we just need to fix one element of our systems that is failing. Regardless of if its Inventory Control, Project Job costing or a distribution system, having an ERP system that meets all of your needs will reduce time and costs to your business.

As businesses expand they become more unique  and Entry Level Packages like MYOB, Quickbooks or Xero etc no longer meet their needs. Once your business passes its start-up phase you may need to look at an ERP system to meet your developing needs.

InterAcct is a highly flexible system. It can suit a variety of industries with its different combination of modules but requires professional services to implement fully, as the system itself is too complex for the most user to configure themselves. Once up and running it is very user friendly.

Personalising the software means that the business focus and flows are able to become the default when using the software. This will allow you to work with the software rather than against it. In a typical InterAcct installation only a handful of people are involved in working on a handful of key functions in the software but the changes result in a system better suited to purpose than an off the shelf package.

TPAR Reporting

For a number of years people working in the Building and Construction Industry have needed to report on data of who they have had working for them as sub contractors. This data was used to work out if contractors were paying the correct tax, declaring all of their income and as to weather they were really employees or actual Subbies.

 

This year it will expand to include businesses in Cleaning services, Courier Services. Next year it will be expanded again to include Road Freight Services, Security, Investigation or Surveillance services and Information Technology (IT) services.

 

InterAcct has a report that pulled this information from the database and enables you to report this data to the ATO for Subbies. The existing report will continue to be able to report the additional types of contractors that you may engage with.

 

If you have any questions Please contact us or review to the ATO page

LED Lights

Following up on our story regarding Government Grants we spotted a grant for Energy Efficient lighting. We took it up and managed to replace all of the lights in the office with LED lights for $33. Saving money and power.