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30% tax deduction until June 30th 2009 |
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30% Government investment tax break incentives for small business stops June 30th 2009 We are all experiencing the current conditions and there have been multiple stimulus packages provided to date to help keep Australia moving away as apposed to towards a recession. Even Harvey Norman is in on the act advertising his stimulus package for customers. |
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CS Time Clock replaces Bundy Clock |
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CS Time Clock replaces Bundy ClockThe traditional bundy clock has been used for decades in Australia. CS Time Clock has come of age and now more than ever replaces the old style Bundy Clock. Bundy Clocks and Time Clocks can be purchased in hundreds of variaties most of which are imported today. Many imported electronic time clocks or access control time clocks are produced by electronics companies that do not understand employee time and attendance. CS Time Clock has been developed with with more than 15 years experience in time and attendance behind the time clock. Traditional Bundy Clocks have always been built well and did the job of stamping a time card week in week out very well, so long as you have a supply of bundy cards and your bundy machine ribbon has not run out you will get your bundy cards weekly ready for manual calculation. CS Time Clock requires no bundy cards, does not need a bundy ribbon replaced several times a year, requires no maintenance and will look after daylight saving. CS Time Clock will collect, calculate and process the employee clockings giving good employee daily and weekly hours reports. CS Time Clock has software built in so there is nothing else to purchase to collect employee clockings and get daily and weekly employee hours reports. New to CS Time Clock in 2009 are the following features. - Green & Red visual arrows showing who is "IN" and "OUT"
- Add basic employee schedules
- Add and track employee leave
- Round clockings eg: a 6.48am clocking can round up to 7.00am
- Export direct to some payrolls including "WAGE EASY"
- Day light saving settings
- Easy Installation
To see some screenshots or download and watch a six minute video click here |
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Time and Attendance Return on Investment (ROI) |
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Companies are only spending money where a return on investment (ROI) is clearly visible.Tough economic conditions are around us all not only in business but also personally. There are very few who have not been affected recently with most people invested in property and shares losing value in wealth. Nearly every working Australian has been affected with superannuation funds losing in some cases up to 40% of the value of your wealth. We are all affected and we are all thinking much more than we have in the past 20 years. Business is not spending without good cause. Investments from several thousand dollars and up are required to show a ROI or no spending will take place. In today's tough economic times $1000 saved in spending when your company has a 5% profit equates to $20,000 in sales. As existing sales slow down and new sales are harder to come by saving $1000 in costs will mean $20,000 less in sales you need to achieve.
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Surviving in business with employees during tough economic times |
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It would be fair to say in Australia we are at a point in time where we need to make very important decisions for our business's to survive through these current tough economic times.
As the economy shrinks cash flow means everything. What can cause cash flow issues in your business? - Customers (debtors) Payments go from 30 to 60 days or 90 days or more
- Suppliers (creditors) payments increase as debtors payments slow
- Holding to much Stock (poor stock control)
- Over selling (selling more than you are collecting in payments from existing customers)
What can you do? |
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Student Attendance - Measured for Payment |
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Student attendance in TAFE, colleges, training schools and schools for international students now being measured for attendance levels across Australia. Students and Colleges requiring attendance records include:- - International Students
- Flying Schools
- Governement supported TAFE programs
- Any private or professional training school receiving government funds
- Medical students
Government to crack down on training school, trainees payments in 2001 - Has anything changed? A Sydney-based trainer in the retail and fast food industries had only four people complete training out of 378 who began training. It claimed continuing payment for trainees who had dropped out months ago. The actual attendance requirements can vary. Some colleges post attendance requirements onto websites like Victoria University for TAFE students "All students that are enrolled in a TAFE program at Victoria University are required to achieve a minimum 80% course attendance, as required by their student visa. Students who fail to attend 80% of their classes can risk having their eCoE cancelled and their student visa revoked"
Minimum student attendance requirements can vary depending on the course students are undertaking and include - twenty hours per week
- 4 days per week
- 80% per term
- 85% of the full year
- 18 months
Government payments now require attendance records to prove attendance......Do you have good attendance records |
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