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Today marks a significant changing in reporting for Australia with the first BAS activity report lodge under the Federal Government’s new Standard Business Reporting (SBR) initiative. SBR is expected to provide savings for SMEs of over $800 millions per year.
From today ABN holders still using a paper BAS form to complete their reports are invited to use the online solution developed by Impact Management Group which is SBR enabled.
IAM features are built with a view of meeting all SBR requirements and doesn’t require middleware which streamlines your reporting, reduce time taken to complete reports and saves you fees when information is doubled handled using other software.
IAM enables accountants and bookkeepers to work on their clients’ accounts in less time, allowing them to take on and service more customers. Business owners can use the time and money saved where it’s needed most in other areas of their business.
There are just three very easy steps to get going with IAM’s business accounting: 1) Download a bank statement; 2) Upload in IAM, identify and allocate nature of business transactions; and 3) Generate the BAS and lodge it from IAM using AUSkey.
Australian ABN Holders can take advantage of this marketing leading accounting solution that will save them, time and take the headaches out of reporting with a limited 3-month free trial. For more information visit www.eimpact.com.au or call 1300 652 590.
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