Where have I been all morning? At the Xero offices in Sydney learning more about Syft reporting. Anyone on Xero or Quickbooks can have access to this. Let me know if you want to know more. The standard version is FREE!

If you are in Australia- note this before the end of the financial year: https://view.comms.service.nsw.gov.au/?vawpToken=OYL4ED6ICPQU5C5V3LYTORLMDM.10194

Every year around this time, I see the same thing: Business owners staring at a pile of spreadsheets, receipts and “I’ll fix it later” systems… wishing they’d switched to proper accounting software sooner. Here’s the good news — EOFY is the easiest time to make the move. You get a clean break between years, clean opening balances, and a chance to build better habits from day one of the new financial year. If you’ve been waiting for the “right time”… this is it. If you are in the UK I believe the financial year ended 5 April. What about you?

Xero vs QBO: PAYG Instalments (PAYGI) — The One Key Difference -If you’re doing your own BAS, here’s the simple truth: Xero pulls your PAYG Instalment (T7) directly from the ATO. When you open the BAS in Xero, the PAYGI amount is already sitting there — Xero fetches it from the ATO automatically. QBO does NOT pull PAYGI from the ATO. QuickBooks only calculates GST and PAYGW from your bookkeeping data. Do you lodge your Business Activity Statement directly from Xero or QBO? If you live in the UK do you use this for VAT?

Pay Day Super is almost here! From 1 July 2026, employers will need to: • Pay super at the same time as wages or salaries rather than quarterly • Ensure contributions reach employees’ super funds within seven business days of payday At the same time, the ATO’s Small Business Superannuation Clearing House (SBSCH) will close completely on 30 June 2026. Anyone using it will need an alternative in place before that date. This means a move to per-pay-run super payments, more frequent cash outflows and greater reliance on payroll and super systems that can operate reliably under tighter timeframes.