2016 – It’s A Wrap

2016 – It’s A Wrap

by | Dec 21, 2016 | Accounting, Staff

As 2016 comes to a close, I want to wish you a safe and happy holiday season and take this opportunity to wrap up our 2016. It has been another great year for PTAM. 2016 has been my third year in business and it has delivered further growth as well as its share of...
Street Talk with Grasshopper Soccer

Street Talk with Grasshopper Soccer

by | Nov 29, 2016 | Accounting, Street Talk

We recently caught up with Brent and Rebecca Dawson from Grasshopper Soccer Newcastle to discuss their exciting new venture. With participation in organised soccer jumping 20% in 2015 according to a Football Federation Australia (FFA) national audit, Grasshopper...
End Of Year Journal Entries – Income Tax

End Of Year Journal Entries – Income Tax

by | Nov 18, 2016 | Accounting

In 1789, Benjamin Franklin stated that “in this world nothing can be said to be certain, except death and taxes.” A leading thinker of his time, it is a shame he didn’t think harder about how we account for those taxes in our data files and financial reports. The...
Stock Taken – Own Use

Stock Taken – Own Use

by | Nov 17, 2016 | Accounting

Taken goods for private use? Here’s the latest values The ATO knows that many business owners naturally help themselves to their trading stock and use it for their own purposes. This common practice can occur in businesses such as butchers, bakers, corner stores,...