Simplify your Payment Process with Pinch

Simplify your Payment Process with Pinch

At BKSP, we believe in providing our clients with the tools and resources they need to succeed. That’s why we’re proud to partner with Pinch Payments to offer you a better way to manage your business finances. If you’re ready to simplify your payment...
New Rules for Fixed Term Contracts

New Rules for Fixed Term Contracts

From 6 December 2023, new rules apply when engaging employees on fixed term contracts. These changes include:- Time Limitations- Renewal Limitations- Consecutive Contract Limitations A fixed term contract terminates at the end of a set period (for example, the...
Annual Shutdown Guide

Annual Shutdown Guide

It is coming to that time of year again where Christmas is around the corner and the New Year follows shortly thereafter. While it is commonly a time for celebration and an annual vacation, it can be a complex time for your Bookkeeper. The complexity comes when...
Managing Small Business Debt

Managing Small Business Debt

How a Bookkeeper Can Assist a Business in Financial Trouble Bookkeepers can play a crucial role in identifying the signs of a small business in debt. By closely monitoring the financial records and analysing key financial indicators, they can spot warning signs that...
Logbook Method – ATO Compliance

Logbook Method – ATO Compliance

If you are using a vehicle for business, it is important to keep a detailed record of its use in order to claim vehicle expenses for tax purposes. If you are a sole trader using the logbook method, the ATO requires proof of distance travelled in the form of a logbook...
A Beginner’s Guide to Financial Statements

A Beginner’s Guide to Financial Statements

Unlock the power of financial statements! As a business owner, it is essential to grasp their importance. These statements offer a quick overview of your business’s financial health, showcasing key figures like revenue, expenses, and profitability. With this...