Many may believe that bookkeeping and record keeping is only necessary for businesses so that they can meet their ATO and statutory obligations. This is not the case, and community based clubs and associations require the same, if not more, compliance as any ‘for profit’ business.
A smash repair company was booming – they could hardly keep up with demand, despite running multiple sites. Yet they were operating far below peak efficiency due to their flawed bookkeeping systems.
A very successful coffee van operator was facing a serious crisis after falling years behind in their business and personal tax affairs.
Running payroll for over 25 employees doesn’t sound too hard. But for one uniform manufacturer, calculating and paying their employees one-by-one was very clunky and time-consuming.
Out-of-date books, late invoicing, complex processes and strained cash flow. Those were some of the problems Omnia Business Solutions solved for an IT managed services business.
If your accounting system was constantly crashing and doubled the time it took you to complete even basic transactions, you’d probably be pulling your hair out, right? . This was what a wholesale butcher, based in the NSW city of Newcastle, had to endure with their previous accounting set-up, which was frustratingly cumbersome.