Nova Business Services

Did you know that your bookkeeping/accounting software could be sending invoices for you automatically?

It's true. With professional bookkeeping software, you can set up recurring invoices for ongoing work. If you do the same job for customers every week or month etc, you can set up your software to invoice your customers automatically.

Doing this saves you plenty of time, as well as ensuring your invoices always go out on time and getting you paid consistently.

Want to learn more? Give us a call on the number below.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

Part of what makes being an Aussie great is the mateship we share. When a mate needs a hand, we're the first to put up our hand and help out in any way we can.

Today, we want you to be the superstar by thinking about who you know that needs help with the following, and then tagging them in the comments or sharing it with them. It could be just the help they need.

Here's how we can help:
⏰ Save Time: Imagine all the extra hours you’d have to focus on what you love about your business while we handle the nitty-gritty finances.
🎯 Accuracy: No more worrying about mistakes in your financial records. We make sure everything’s spot on, giving you a clear view of your business’s health.
😇 Compliance: Aussie tax laws can be a headache, but we’ve got it covered. We’ll keep you compliant with BAS, GST, and all that fun stuff, so you can relax.

Focus on what you do best, let us take care of the rest.

📱 1800 668 225
🌏 www.novabk.com.au

Missing a super guarantee (SG) payment deadline can create a significant problem for your business. If your eligible employee’s super fund didn’t receive the SG payment in full by 28 July, you’re now required to take action. Failing to meet this obligation can lead to additional costs and penalties, which can impact your business finances and reputation.

Delaying further will only make things worse. Not only are you required to pay the super guarantee charge (SGC) to the ATO, but you also need to lodge an SGC statement by 28 August. The SGC is more expensive than the original super contribution and isn’t tax deductible, adding unnecessary financial strain.

The solution is to act quickly. Ensure you lodge your SGC statement and make the payment by the deadline to avoid further penalties. Complete all required information accurately in the SGC statement spreadsheet to ensure prompt processing by the ATO. Following their guide and using the latest version of the spreadsheet is crucial.

If you’re feeling overwhelmed by the process or unsure of how to proceed, we’re here to help. Contact us for assistance in ensuring your compliance with SG obligations and avoiding further penalties. Let us handle the paperwork so you can focus on what matters most—running your business.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

In 2023 48,700 couples divorced. Let that sink in for a second, it's a pretty awful number and we all know someone who called it quits on their marriage. One inescapable fact is that the pressures of business and how money is managed can drive a wedge between even the strongest couples if its not handled with care.

Data from Unified Lawyers identifies financial issues, poor communication and constant conflicts as three of the top six issues that Aussie couples call it quits about. Being in business, especially as a couple, often results in all three of those issues constantly circling like hungry vultures.

The truth, more often than not, is that couples who run a business together often end up with tasks and duties that are outside their usual set of skills and experience. Instead of doing this, a better approach is to focus on what each of you are good at so that you leave the other stuff to professionals/experts.

A great example of this, and we've seen a lot in 21 years of business, is couples fighting about money and how the finances of a business should be handled. Emotions can be high, interests can be conflicting, it's best to take all of that out of it and let professionals like us give the best suggestions based on what is best for the business and your specific circumstances.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

Our mission is to empower companies like yours to thrive and succeed.

When you're a small business, keeping business and personal money separate can be a challenge.

But... the benefits outweigh the hassle.

Having one bank account and one card might seem like a minimalist's dream, but when you're spending all weekend trying to work out if you bought lunch or fuel at the local servo you're going to think differently.

Focus on what you do best, let us take care of the rest.

📱 1800 668 225
🌏 www.novabk.com.au

Flushing money down the toilet isn't advice that we'd give anyone... it's far too expensive.

Advice we would give you is to track reimbursable expenses, but what is a reimbursable expense? Here are some examples:
✅ Travel
✅ Delivery fees
✅ Currency conversion fees
✅ Office expenses
✅ Business phone calls

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

Our mission is to empower companies like yours to thrive and succeed.

What's the deal with money? You work all day, you make a little, and then it just disappears! It’s like your wallet is a magic trick!

One minute you’ve got cash, the next minute it’s gone. And don’t even get me started on coins.

You collect them, they jingle around in your pocket like you’re Santa Claus, but when you actually need them, they vanish! Where do they go? Probably the same place as your missing socks!

We're not comedians, but we know when money disappears it's not funny!

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au




*not an actual Seinfeld joke, he's much better at it than us

Ignoring your bookkeeping is like playing hide and seek with your money, except your money’s really good at hiding! 😅

One day, you’re cruising along, and the next, you’re wondering where all your cash went or why the taxman’s knocking at your door.

Keeping your books in order is like giving your business a map, no more getting lost in the financial woods. Let’s keep things tidy, so there’s no need for any surprise rescues!

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

Imagine having more time to spend with your family and friends, doing what you love most. By letting Nova handle your bookkeeping, you can reclaim those hours usually spent on paperwork.

Whether it’s a weekend away, a round of golf, or simply relaxing with loved ones, we give you the freedom to enjoy it all.

What’s the first hobby you’d dive into with that extra time? Comment below!

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

This isn't the silhouette of a new boy band, it's a collection of trades and this post is for you!

Imagine completing more jobs and making more money because you’re not bogged down with financial admin.

This means you can make better decisions for your business without second-guessing your numbers.

We understand the unique challenges of trade businesses like builders, electricians, and plumbers. It's the reason we're part of Master Builders.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

When Master Builders Queensland magazine is delivered and you realised they only put the good looking roosters in their magazine from their 2024 Gold Coast Roadshow event. Check our the hot dude behind the Nova Business Services - QLD table. I hear he is pretty knowledgable too.

Hey there, ever thought about getting a bookkeeper? Here are three reasons it could change your life:

⏰ Save Time: Imagine all the extra hours you’d have to focus on what you love about your business while we handle the nitty-gritty finances.
🎯 Accuracy: No more worrying about mistakes in your financial records. We make sure everything’s spot on, giving you a clear view of your business’s health.
🤯 Compliance: Aussie tax laws can be a headache, but we’ve got it covered. We’ll keep you compliant with BAS, GST, and all that fun stuff, so you can relax.

At Nova we believe that understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

The Chart of Accounts (CoA) is a crucial tool for financial management, acting as the backbone of a company's financial record-keeping system. It organises all financial transactions into specific account types, making tracking expenses and managing accounts straightforward.

A well-structured CoA simplifies the process of calculating financial ratios and assessing a company's economic condition. It provides a clear view of cash flow and helps maintain accurate records, essential for informed decision-making.

The CoA includes categories like revenue, equity, assets, expenses, and liabilities. These categories form the basis of financial reports, such as balance sheets and income statements, which offer insights into a company’s financial health.

It's important to keep the CoA concise and consistent. Use clear, descriptive names for each account type and avoid creating too many accounts. Consistency from year to year allows for easy performance comparison and prevents data loss.

Wait until the end of the financial year before deleting accounts to avoid complications during tax season. By maintaining a well-organised and stable CoA, businesses can ensure accurate financial reporting and effective financial management.

If you have questions drop us a message or call us using the info below.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

What a rockstar of a review. Thanks very much Winston, we're super proud to keep you compliant and up to date.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

Businesses (with an aggregated annual turnover less than $50 million) may be able to access a bonus 20% tax deduction with the small business energy incentive. This applies to new assets, or improvements to existing assets, that support more efficient energy use.

Eligible assets must have been both first used or installed ready for use for any purpose, and used or installed ready for use for a taxable purpose, between 1 July 2023 and 30 June 2024. You must have incurred the eligible improvement costs during this period to be eligible for the bonus deduction.

Up to $100,000 of total expenditure is eligible under the incentive. The maximum bonus deduction is $20,000 per business.

If this sounds like you, or you're not sure and need to ask a couple of questions do yourself a favour and give us a call.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

If you spent the money that you were meant to have set aside, we can work with you and the ATO to see if we can get you some breathing room.

Just promise us that you’ll stop buying gold sceptres. 🦯

Struggling to keep track of your finances? Let Nova Business Services lighten the load!

Our professional bookkeeping and administration services ensure you always know where you stand financially. This means less stress for you and more time to focus on growing your business.

Trust us to keep your records accurate and organised, so you can thrive with confidence.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

WOW 😮 This review from our client Southside Tiling Services Victoria is much appreciated.

"Mel, Dale and the team helped us get our finances back on track. With their knowledge and practical experience, I always know they are only a phone call away. We highly recommend Nova Business Services!"

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

If you're in business and you live in SE Queensland you you MUST attend this breakfast. I know there is so much value in one place that I'll even pay for you to come.
What more do I have to do to get more work for my friends!!
Contact me today to get your invite.

It's time to put another one of our valued clients on show for your consideration, today it's Canterbury Caravans

Canterbury Caravans in Bayswater North Victoria is a multi-facetted business and provides not only new caravans but also used caravans, caravan servicing, insurance repairs and a two storey caravan accessories and spare parts shop.

Over the years Canterbury Caravans have carefully selected caravan manufacturers to complete their range of caravans. Their brands are of high quality and have manufacturers that provide quality after-sales service.

You can learn more about Canterbury Caravans by visiting www.canterburycaravans.com.au or calling them on (03) 9729 8188.

Understanding your finances puts you in control of your business.

☎️ 1800 668 225
🌏 www.novabk.com.au

We're here to keep things simple and stress-free. As your registered BAS agent, we handle all your BAS and GST requirements so you can focus on what you do best—running your business.

Navigating the maze of tax regulations can be daunting, but fear not! Our team has the qualifications, knowledge, and expertise to ensure compliance and maintain accurate financial records.

Trust us to manage your GST liabilities, exemptions, and reporting obligations with precision. Let’s make tax time a breeze together.

Understanding your finances puts you in control of your business.

Feel free to reach out for any questions or support. We've got your back!

☎️ 1800 668 225
🌏 www.novabk.com.au

At Nova, we’ve always been dedicated to tailoring our professional bookkeeping services to meet your unique business needs.

Whether you’re in retail, construction, or tech, we’ve got you covered! Our team of skilled bookkeepers ensures your accounts are always in tip-top shape.

From payroll management to bank reconciliations, we handle it all with precision and care. We leverage the latest accounting software to guarantee accurate and timely financial reporting, so you can make informed decisions with confidence.

Understanding your finances puts you in control of your business. Give us a call today.
☎️ 1800 668 225
🌏 www.novabk.com.au

Empowering yourself and others to be able to learn and achieve greater results is so important to us that it's one of our four core company values.

Empowerment for small businesses means fostering an environment where every team member feels valued, heard, and capable of contributing their unique skills and ideas. It's about distributing decision-making power, encouraging autonomy, and promoting a sense of ownership amongst employees.

When small businesses empower their workforce, they unlock a wealth of creativity, innovation, and problem-solving potential, leading to increased productivity, employee satisfaction, and ultimately, business growth.

Empowerment also builds a resilient and adaptable team, better equipped to navigate challenges and seize opportunities in an ever-changing market.

Focus on what you do best, let us take care of the rest.

📱 1800 668 225
🌏 www.novabk.com.au