Setting up an SMSF includes more than deciding how the fund will invest. You also need to pick who will act as its trustee: the members as individual trustees, or a company as a corporate trustee. Both structures work in their own ways, but they differ in setup costs, administration, liability, and how easily the […]
Category: Financial
Construction businesses generally have money moving in and out at different stages of a project. Materials and subcontractors need payment before a client makes the next progress payment. Basic bookkeeping records these transactions, but construction businesses also need to know which job the payment belongs to, invoices, outstanding amounts and profitability of the project. This […]