Did you truly know what you were getting yourself into when you started operating your childcare service?

Posted by on May 22, 2013 in Blog / News | Comments Off on Did you truly know what you were getting yourself into when you started operating your childcare service?

toyA childcare service, no matter the size, is by no means a “small” business. Unlike any other business, from day dot, you have to deal with government departments, the Tax Office, Fairwork policies, suppliers, parents, staff, and children. So how do manage all of these factors as well as maintaining a safe service? Well, hopefully through systems and procedures designed for your industry. But let’s face it, have you had time to research the current systems available to you, or does it all seem too hard?
Superwoman That’s where Austral Cloud comes to your service! The team at Austral Cloud is dedicated to providing, implementing and training you and your staff on systems to make your life easier! There is no need to be daunted by the task at hand to update your systems and procedures. This is what we do best!

When it comes to your finances and reporting to the ATO here are some handy questions you can ask yourself to make sure you are meeting your obligations:

  • Do you have an accounting system that automatically updates the tax information as soon as an update is released?  
  • How do you collect your cash receipts and report on these?  
  • Are you reconciling your bank account to make sure that you are claiming all eligible    deductions?   
  • Do you have a payroll system that is easy to set up and use, but functional enough to produce substantial reports?  
  • How are you keeping track of your super payments and obligations?

No matter whether you are large or small service, you still have these obligations.

If you find yourself questioning if you are meeting the above obligations, there is something you can do about it! Austral Cloud has an experienced team of bookkeepers and CCMS operators who are knowledgeable in the childcare industry. We know what it takes to make your business tick!

If you would like to know more about what we can do to help you, give us a call today!

Want to find out more about our excellent service for the price that best suits your needs? Visit us at www.australcloud.com.au for CCMS requirements or www.australbookkeeping.com.au for Account Keeping requirements.

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