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Ensuring your accounting software is set up correctly

Wednesday, August 31, 2011 - 13:53 | Posted By: The Privately Held Business Team

Sick of spending hours finalising your accounting software and sending it off to your accountant, only to get an email back with journals full of adjustments to Goods and Services Tax (GST), Fringe Benefits Tax (FBT) and everything else under the sun? Well, help is here, this article will give you a few pointers to ensure your accounts are set up correctly. The most common areas of confusion in accounting software and data entry are which GST code to use and the payroll function.

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