Can WHMCS & Xero be linked?

The short answer is yes, they can.   Our client is a Perth business operates in the web hosting area.  They approached us to assist with the integration of their invoicing and jobflow management in WHMCS to a new accounting system under Xero.

Our clients are naturally very tech-savvy and were easily able to handle the technical side of things but they wanted an overall accounting perspective on the changeover to make sure that the money didn’t get lost: for example, how would their invoices synchronise across the two platforms, where would the payments be receipted, how should refunds be handled.     With some training in WHMCS, we were able to join in the planning sessions and provide a useful accounting perspective during the changeover, cross-checking to make sure all the accounting and GST entries worked as they should and making the process efficient.

Where has the Medicare Superannuation Clearing House gone?

The Government has been operating a free superannuation clearing house via Medicare for small employers (less than 20 employees) for some time now and many of our clients have found it useful.  But now it has a new name and is called the Small Business Superannuation Clearing House, or SBSCH for short, and it has moved from being overseen by Medicare to being monitored by the ATO.  If you were already registered for the service under Medicare, you use your existing logon details at SBSCH.

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Super Streaming is coming!

You may be wondering what is this Super Streaming that everyone is talking about.  It’s a new Government requirement for super funds and employers and basically means each Super Fund will have an electronic identifier that will enable prompt transfers of super to their account.

If you are one of our Self-Managed Super Fund clients, we’ll be contacting you with details very soon. You can read more in this ATO fact sheet: Super Stream Changes for SMSFs (ATO)

 

 

The ATO and the SMSF Sole Purpose Test

The ATO recently have issued short informative videos on YouTube covering topics relating to self managed super funds.

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Aston Accountants gets a new look

After many faithful years of service, our old website has retired to live off its super fund earnings.

We now have a fresh new website that is a lot simpler for you to use.