Tag: bookkeeping

📊 Inflation still easing but core pressures remain Australia’s inflation has continued to slow, with the annual Consumer Price Index rising 3.4% in November 2025 — softer than earlier months but still above the Reserve Bank’s target range of 2–3 per cent. Underlying inflation (trimmed mean) also eased slightly, but price pressures in housing and other services remain persistent. These figures suggest inflation is cooling, yet not enough for immediate…  Read more

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Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Latest NAB survey shows growing concerns among businesses about Australia’s economy Australian businesses are becoming more concerned about the outlook for the economy as forward-looking indicators in National Australia Bank’s fresh survey revealed a softening. The bank’s latest quarterly business survey on Thursday revealed expected business conditions fell at…  Read more

Dear Clients I’m reaching out to you because I’ve really enjoyed working with you over the last little while. Clients like you make this job incredibly worthwhile and rewarding. Google has become really important for how we continue to grow your firm name. I’d really appreciate it if you’d take a couple of minutes to leave us a rating on Google. Adding a couple of sentences of feedback would be…  Read more

www.profitwise.com.au Email: Johnstitt@profitwise.com.au Phone:(07) 3863 3933 #Accounting #Business #Income TAX #GST #Consultants Address:Unit 9B Clock Corner 521 Beams Road Carseldine QLD 4034. Expert advice for Tax , Business Call for your free 30-minute consultation about your Business& Tax. Looking for trusted Accountants in Australia? Profitwise Accountants Pty Ltd provides expert Accounting,Tax,GST, Business Advisory Services for Small Business and Sole Trader. with Decades experience in Australia to support Small Businesses and…  Read more

Although most entrepreneurs recognize the importance of careful financial management, few want to spend their time dealing with numbers. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business. Here are five of the most common bookkeeping pitfalls, and some simple tips for getting back on track. Mixing Business and Personal All too often, entrepreneurs adopt a “buy now, sort later” approach…  Read more

On average, small business owners spend 10 hours each week recording, organizing, and processing financial transactions – everything from accounts receivable and payable, to employee payments, expense receipts and supplier invoices. While the process may be time-consuming (and tedious!), effective bookkeeping is the foundation of sound financial management – which in turn, is the lifeblood of your business. Feeling overwhelmed by mountains of paperwork and complex calculations? Here are three…  Read more

Keeping track of sales, earnings, expenses, and purchases is fundamental to the overall health and sustainability of your business. Effective bookkeeping produces the data you need to evaluate your current practices, anticipate challenges, and set attainable future goals. But despite their proven importance, many business owners dread and avoid accounting tasks. In fact, 40% of surveyed entrepreneurs claim that bookkeeping is one the worst parts of running a business! Wondering…  Read more