Reporting for businesses is a mandatory compliance requirement subjected by the laws of state and territories. However it is also one of the least liked or understood process of running and executing a modern business. More often than not there are numerous reports that need to be filed monthly, quarterly, bi-annually and yearly. For some tax practitioners and businesses entire sections of businesses are employed to keep track of these requirements.
New financial year 2013 is here. It’s time to get payment summary and extra money from tax returns. Accounting professionals are engaged in the End of Financial Year 2012 activities and to distribute payment summaries. The payment summary annual report should be lodged to ATO.
Sydney, Australia 16th January 2012 -Impact Management Group, the leading provider of Standard Business Reporting (SBR) solutions announced the release of application programming interface (API) for their cloud SBR lodgement product – GovReports.