Xero Business Essentials: Bank reconciliation
At Preston Coe & Ring it isn't just about the numbers, it is about you and what you want to achieve in life. We have a saying "Living for today, saving for tomorrow and protecting in between"; that really symbolises what we are about. We help our clients Live Life and guide them through the journey with our skills and expertise as trusted business advisors, accountants and financial planners.
If you are new and considering using Our Services please look at the Our Clients section. Here you will find some useful information and get an understanding of our culture. Like anything we enjoy working with like-minded people with whom we can really help. You will find some great client testimonials by clicking here.
If you have visited before welcome back and I hope you enjoy the visit.
Business & Accounting Tax
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Preston Coe & Ring's help with my tax and finances has made it less stressful and given me more free time for the things I enjoy
Preston Coe & Ring helps provide me predictability and new ideas to help with my finances, thus giving me security to have a better life.
Preston Coe & Ring make it easy to do tax and compliance as well as give good advice on major purchases like a car or business.
Preston Coe & Ring make tax easier by making sure it is right and help reduce our tax where possible. This gives me more time do things I would rather be doing
Preston Coe & Ring have helped put us on the right road to tomorrow in doing this we have been able to achieve some personal goals much sooner than we thought possible.
Another year has flown by, as we find ourselves half way through the tax year.
On the sporting front, the world was saddened by the tragic death of Phillip Hughes, and Protectionist’s win in the Melbourne Cup was overshadowed by the deaths of two of the favourites. The AFL saw a replay of the 2012 grand final with the Hawks beating top of the ladder Sydney Swans. Whilst the ARL Grand Final became the most watched club game in the history of rugby league, with the Rabbitohs victorious over the Bulldogs, breaking a 43 year premiership drought.
On the financial front, interest rates have remained steady at record low levels, but the year has seen change, with new Federal and Victorian governments.
This in turn has brought other change, including the new deeming rules for Account Based Pensions which will be introduced from 1 January 2015, and changes to the Commonwealth Health Card.
This issue also takes a brief look at superannuation, investing in real estate, leasing, goal setting and time and employee management.
Investing in Real Estate for Rent - Whether you are buying for yourself, to rent, or even renting whilst you save, it is always good to know what is happening in the market. (See More...)
Can you buy property with a Self-Managed Super Fund - In 2010, a change to the rules allowed a Self-Managed Super Fund (SMSF) to borrow money to invest in property assets. (See More...)
Superannuation - Tucking in Early - You may have seen reports in the media recently about a Sydney woman with no health insurance or lump sum sitting in her bank account, who successfully made an application for her superannuation account to pay for surgery. (See More...)
Deeming for Account-Based Pensions - As recently reported in the Financial Planning Magazine and announced on the Department of Human Services website, changes to legislation means deeming rules will soon apply to new Account Based Pensions (ABPs). (See More...)
New Year, New Lease in Life - This time of year people tend to focus their shopping efforts on buying holiday gifts for family and friends, and then on post-holiday sales where they buy things for themselves. (See More...)
Changes to the Commonwealth Seniors Health Card - The Government has announced a number of changes to the Commonwealth Seniors Health Card (CSH Card). (See More...)
Choose your destination wisely - Have you ever been excited to go somewhere, only to be underwhelmed and disappointed once you get there? Like, really disappointed? (See More...)
10 Tips for Time Management - Does it always feel like you never have enough time to achieve all that you set out to? Here are some useful tips for making the most of your time – just in time for a New Years’ resolution, or ten! (See More...)
10 Top Tips to Attract Retain Good Employees - Human Resources, or HR is often seen as dealing with the warm and fuzzy issues that lack a tangible link to revenue generation, but the trouble is that warm and fuzzy issues can turn hard and nasty if you ignore them, so a proactive approach to HR is essential for small business owners. (See More...)
We hope you find the newsletter of value and more importantly we would like to wish you and your family a very Merry Xmas and hope the New Year brings you lots of happiness and success.
If there is any area within this newsletter that you would like to discuss, please call us. We are here to help.