The Brave New World of Bookkeeping!

From traditional bookkeepers to business advisors Traditional bookkeeping was a matter of recording lots of data and then reconciling it, to make sure it was accurate. With more artificial intelligence (AI) appearing in our accounting software, the traditional role of the bookkeeper is being replaced by automation. At 2 Peas, we embrace the changes to the industry. We see our role changing from being traditional bookkeepers to being advisors to…  Read more

Are you ready for STP yet?

STP Reporting STP (Single Touch Payroll) is not too far away now for those employers with fewer than 20 employees. The Australian government is forging ahead with plans for employers to report STP come 1 July 2019. “Treasury Laws Amendment (2018 Measures No. 4) Bill 2018” has been passed by the House of Representatives and the Senate – and although it needs to go back to the House of Representatives, it…  Read more

MYOB AccountRight Latest Update

Have you upgraded yet? MYOB’s latest update of AccountRight 2018.4 has some amazing enhancements for users. You now have many more benefits with these enhancements and new features. Some of our favourites are: Attach Documents They have just released the feature we have all been eagerly waiting for! Attaching a document to “Spend Money” transaction and “Card List”. This is a fantastic new feature to help your office go completely…  Read more

What’s new in Xero plus our latest hot tips

With the New Year just around the corner, we have decided to reflect on the latest Xero update. If you are still getting your head around the new Xero layout, don’t worry we have a few tips for you! Navigation menu Xero gave us all a big surprise when we opened the updated version of the navigation bar last month. The bar is now compressed into six columns; Dashboard, Business,…  Read more

Awards, Awards and more Awards!

2 Peas was proud to win 3 major MYOB awards at the recent Partner Connect Conference in Melbourne’s Hisense Arena. We were thrilled to win the ‘Innovator of the Year’ award. This was recognition of the range of cutting-edge software that we work with, in order to improve our clients’ businesses. Plus our ability to help our clients fully utilise the functionality in MYOB Accounting software – the bank feeds,…  Read more

What is the most Innovative business across Australia?

It’s official! 2 Peas was thrilled to be named the most Innovative Business Australia wide by MYOB, at the recent MYOB Partner Connect Gala Dinner 2018. Why did we win the award? It’s due to what we do for our clients. It is our passion to provide the best tools to our clients to help them run their businesses more efficiently and profitably. We work with a range of softwares,…  Read more

Create a Seamless Experience with Receipt Bank

Every business needs to manage their costs and we are aware of the time you can spend on your bookkeeping. We believe that your time is valuable and should be spent on building your business. That’s why we have adopted Receipt Bank for our clients. It helps clients to process transactions with little effort, leaving you with more time for the important stuff. Automation is transforming the future of bookkeeping…  Read more

Upcoming webinar: How to Choose the Right Accounting Add-ons for Your Business

You are invited to join our upcoming webinar! The award-winning 2 Peas team are experts at selecting, implementing and training on cloud-based accounting, POS, ERP and add-on solutions. In this webinar, I will be talking you through this process from start to finish including: Understanding your business’s needs and functions; Finding and researching possible add-on solutions; Selecting and implementing new add-ons within your business. Don’t miss this opportunity! Learn how…  Read more

Are you ready for Single Touch Payroll Yet?

From 1 July 2018, employers with 20 plus employees (as at the head count from 1 April) will be required to report payroll information to the ATO using software that is STP compliant.  Although this is a big change for business MYOB, Xero and QBO have assured us their software will be ready for businesses to report STP if eligible. For those businesses that have less than 20 employees reporting…  Read more

Impos – Hospitality Point of Sale Solution

Are you looking for a robust Hospitality Point of Sale solution? Whether you are running a restaurant, a bar, a food van, a café, a bakery, a winery, nightclub or other type of hospitality venue, IMPOS has a solution right for you. Here are 5 reasons why you should power your venue with Impos Finding the right point of sale solution for your hospitality venue can be challenging. With a…  Read more

End Of Financial Year Tips 2018

With 30th of June fast approaching, are you prepared for end of financial year?  Each year seems to come around faster than the last and although we tell ourselves there’s plenty of time, before you know it it’s upon us yet again!  So now is the time to start tidying up your accounting file and getting ready. Thank goodness for online accounting software!  It’s never too late to have your…  Read more

Single Touch Payroll – A step by step guide to help you prepare your MYOB software for STP

Prepare your MYOB software for Single Touch Payroll   The first thing an employer needs to do is to conduct a head count of the staff on 1st April including your casual, part-time and full time staff.   You can exclude casual workers who didn’t work during the month of March 2018.    Also, exclude directors and contractors. If you have more than 20 staff you need to prepare for Single Touch…  Read more

MYOB and Xero users get paid faster with free online payment system

Faster payments with free online payment system In the 2015/16 financial year, Australian businesses recorded an estimated $321 billion in income from orders via the internet. You don’t need to be an e-commerce business to jump on board the online payments bandwagon. Accepting money online works in every business: • Your customers can pay their invoices at a time that’s convenient to them • Customers can use their credit card…  Read more

Single Touch Payroll – starts 1st July 2018

Single Touch payroll (STP) will be a reality on 1st July 2018 for employers with 20 or more staff and 1st July 2019 for employers with 19 or less staff. Tax File Declarations, Payment Summaries and EMPDUPE will no longer be needed. Instead, businesses will be required to report their wages, PAYG and superannuation for each employee whenever an employee wage is paid. The information will be reported directly to…  Read more

Send invoices and receive invoices easily with Link4

Are you struggling with the sheer volume of invoices that flow into your business and struggle to enter them into your accounting software? There are many ways we can send invoices and receive invoices but it can be a time consuming process.  So we went on the journey to discover an easier way to do things and came across Link4. eInvoicing streamlines this process – allowing invoices to be instantly…  Read more

Better budgeting and cash flow?

If you have made the new year’s resolution that 2018 will be the year that you finally start doing budgets and cash flow forecasting, it is time to do something about it!  Especially if you made the same resolution in 2017. Why are these tools essential for good business management? Budgeting Allows you to set limits or targets on what the business will be incurring in expenses or earning in…  Read more

Online Selling – Do or Die?

Consumer habits are changing and so too is software innovation.  Artificial Intelligence and the internet of things (IoT) have had an impact on the retail world as we’ve known it. The consumer now has information at their fingertips anywhere anytime so the bricks and mortar store retailer needs to compete with this in order to keep trading successfully.  It is not the end for these retailers but they need to…  Read more

New Year Resolution: a better way to grow your business safely, quickly and cost effectively

Right now, 87% of small to mid-size businesses in Australia suffer from cash flow and/or working capital problems.  Yes, you read that correctly, 87%.  It’s no wonder that cash deficiencies are the leading cause of business failure… Thankfully, there is now a simple and easy way to get more cash flowing in to your company today AND prevent a cash crunch from ruining your summer holiday again this January… One…  Read more

Employing is never simple

  Employing staff is no easy task nor is it straightforward.  From the moment you take on that responsibility as a business owner or manager, you are required, by law, to follow and practice the correct laws and regulations in Australia that governs the employer-employee relationship. All types of employers and employment relationships are covered under these laws and some aspects of the law also apply to unpaid workers, volunteers and volunteer…  Read more