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Gold Nuggests

Expert tips, updates, and strategies from Gold Balance Bookkeeping
— empowering Perth and Australian service businesses to make confident financial decisions.

What Reports Should I Review with My Bookkeeper Every Month?

What Reports Should I Review with My Bookkeeper Every Month?

Stay on top of your business finances by reviewing these essential monthly reports with your bookkeeper. This post breaks down the key financial statements and reports every small business owner should understand to ensure accuracy, manage cash flow, and make informed decisions.

Bookkeeping
What’s a Bookkeeping Health Check and Why Do I Need One?

What’s a Bookkeeping Health Check and Why Do I Need One?

A bookkeeping health check is a thorough review of your financial records to ensure accuracy, identify errors, and improve compliance. This post highlights the key signs that your bookkeeping needs a health check and explains how regular reviews can save your business money, reduce stress, and support better financial decision-making.

Bookkeeping
How Do I Handle Contractor vs Employee Payments for ATO Compliance?

How Do I Handle Contractor vs Employee Payments for ATO Compliance?

This blog explains the crucial differences between contractor and employee payments under ATO compliance rules. Learn how to correctly classify workers, manage tax and superannuation obligations, and avoid costly penalties to keep your business compliant with Australian tax laws.

Bookkeeping
What questions should I ask before hiring a BAS Agent to do my bookkeeping?

What questions should I ask before hiring a BAS Agent to do my bookkeeping?

Choosing the right BAS agent is crucial for your business’s financial compliance and peace of mind. Guides you through the essential questions to ask before hiring a BAS agent.

Bookkeeping
What’s the Difference Between a Bookkeeper and an Accountant?

What’s the Difference Between a Bookkeeper and an Accountant?

Understand the distinct roles of bookkeepers and accountants and how each contributes to your business’s financial health. This post explains their key responsibilities, when to hire each professional, and how they work together to keep your finances accurate and compliant.

Bookkeeping
How do I know if my bookkeeper is doing a good job?

How do I know if my bookkeeper is doing a good job?

Learn how to effectively evaluate your bookkeeper’s performance with key metrics and indicators. This guide covers essential signs of accurate bookkeeping, compliance, efficiency, and reliability to help you ensure your financial records are in expert hands.

Bookkeeping
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