Archive for May, 2018

An accurate cash flow forecast can help your business plan for the future.

Projecting cash flow: how and why

Every business relies on cash flow to ensure employees receive their wages, bills are paid and suppliers are kept happy. But why is a cash flow forecast so important? Isn’t a profit and loss statement sufficient? We explain how to project your cash flow and why your estimates need to be as accurate as possible. Read More »

STP reporting will be introduced for a number of businesses this year. Are you one of them?

Are you ready for the Single Touch Payroll deadline?

Single Touch Payroll will soon be introduced for businesses that have 20 or more staff from 1 July. But what preparations should organisations be making ahead of the changes? And will small or medium-sized enterprises need to comply? We can help you answer all these questions and more. Read More »

Thinking of starting a new business in regional Victoria? WMC Accounting can think of five reasons why you should.

5 reasons to start a business in regional Victoria right now

There are many reasons why regional Victoria is an excellent place to start a new business. The Victorian government offers significant support via grants and development programs, and new research suggests business confidence is through the roof in the state. But that’s not all – read on to find out more. Read More »