Purpose has recently become the sole occupier of our previously shared office space at 583 Elizabeth St Redfern! We're social people and we now find ourselves with more room than we need. The team is keen to share our space with like minded souls, so if you are a small organisation considering a new workspace this might be for [...]
Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO. This change means that organisations using a solution that offers STP reporting, such as payroll or accounting software, will send employees' tax and super information to the ATO in real time (i.e. each time they run payroll). The [...]
We are pleased to welcome Ning Gong, the newest member of our steadily growing Purpose team. Ning started with us in April and has coped very well taking on a portfolio of clients from day one! Ning is a CPA qualified Accountant, with over 10 years’ experience in the non-profit sector. Prior to joining Purpose, [...]
In March we took a brief break from our busy daily workload to focus on our strategic goals and service priorities. Thanks to our clients who managed around our limited availability during this time. The team spent two days at Sutton Forest, in the Southern Highlands. It was a valuable experience, where we planned priorities [...]
In 2018 we worked closely with the Settlement, a charity providing a range of social and health initiatives for children and young people, indigenous social programs and affordable housing. Together we transformed their financial processes through the rollout of Receipt Bank technology. What is Receipt Bank? Receipt Bank automates many of the traditional paper-based bookkeeping processes. [...]
Though it’s not an issue that falls under our direct remit, we find that the question sometimes arises for our clients – do we need a fundraising licence? The regulations governing this are different in each State. For example, in NSW charities must have authority to fundraise, unless they are specifically exempt (there are a [...]
As part of the four yearly Modern Award review in 2017, the Fair Work Commission determined that Modern Awards should include a Casual Conversion term. As of 1 October 2018, many casual workers (that have worked on a regular and systematic basis over a 12 month period), have the right to request that their employment [...]
The Purpose team was excited to be shortlisted as a 'top 3' finalist for the CPA NSW Member Awards - Finance Team of the Year. The awards recognise the most outstanding CPA members in New South Wales, who are making a real difference to the accounting and finance industry. To have our work recognised at this [...]
There’s a lot of talk at the moment about the automation of financial processes and how these changes will affect the sector. We've seen these technologies having a major impact and we expect they will be more widespread in the near future. This year we have been pleased to deliver some major technology innovations for a range of [...]
