We have made some improvements on the functions to calculate the Fiscal Budgets for the next year. You can now setup to use the Actual or Budgets from a prior fiscal year and add a percentage increase or decrease to the numbers on a monthly or yearly basis. These new features and defaults are setup […]
Some times it seems like Blink and you will miss it, and that is 2021/22 done. As always the new tax tables are being sent out to our clients and a new batch of people are getting ready to start with the software at the start of the new Financial year. Hopefully the new year […]
We have completed over 60 STP 2.0 tests and are just waiting for confirmation on the last test before rolling out the change to the client base. A bigger job than STP 1.0 in some ways.
InterAcct Software have completed the changes and testing for the STP 2.0 roll out. Now we are just waiting for the ATO to greenlight its use with clients.
Recently in Training a client asked when keying in details for a supplier “Can it check that the ABN is right”. For years we have had a check that its a valid ABN but no way to check that it was their valid ABN. But the info was there online and easy to check so […]
The majority of these changes have now been incorporated into our standard system. If you would like to be amongst the first to take up these changes please contact support to be part of the pilot program.
As the end of the year approaches, we are very close to putting this into production but to avoid the risk of fines for being late we have applied to the ATO for a deferment for a few months. I have been advised that even large software houses like Xero have deferred until next December. […]
A new report yesterday was added to the standard system. Looking at reminders to subbies insurance details that have expired. The video below does a quick run through the process.
STP Phase 2 will come into affect for all Australian Businesses on the 1st of July 2021. InterAcct are set to meet this deadline and have the changes rolled out to all of our clients well before this date. If you have any questions please contact the Support Department.
InterAcct Software has the new tax tables based on the changes in legislation. Changes to personal income tax thresholds announced by the Government during the Federal Budget have been incorporated into the withholding schedules and tax tables and will apply to payments made on and from 13 October 2020. As the changes to withholding are […]
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