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Posts tagged "accounting"

Rochelle Park joins Gobbill’s leadership team to lead its disability payment service business unit.

January 30th, 2024 Posted by Aspect Plan Management, NDIS 0 thoughts on “Rochelle Park joins Gobbill’s leadership team to lead its disability payment service business unit.”

Gobbill has appointed Rochelle Park as the head of the company’s growing disability payment services business unit called Aspect Plan Management (APM).


Rochelle has over 30 years of experience in business and operations management. She was previously the CEO of the Association of Accounting Technicians (AAT) of over 4,000 members. Her business acumen and experience in developing partnerships and stakeholder management will be invaluable.​

#disability #NDIS #leadership #accounting

Time saving and secure funds collection and bill payments for disability participants living in shared accommodation.

August 23rd, 2023 Posted by bills, Business Management, Financial Management, Fraud Prevention 0 thoughts on “Time saving and secure funds collection and bill payments for disability participants living in shared accommodation.”

Supported Independent Living (“SIL”) under the National Disability Insurance Scheme (“NDIS”) supports participants to live independently in shared accommodation homes. These homes are designed to enable supports to be easily delivered for daily living and household tasks. While the NDIS will cover support costs, it does not cover everyday living costs which everyone is expected to incur. Examples are food, grocery items, utilities, entertainment, and internet which may be shared with other participants in the home and managed by the SIL operator. 

Participants and SIL operators managing shared costs can find themselves in all sorts of situations which may present a financial risk. It creates risks such as support workers having access to participants’ bank accounts and/or physically handling cash. The SIL operator who employs the support worker is responsible for having proper financial processes and controls in place.  

It also creates headaches and more work to chase payments when they are missed or short paid.

SIL operators using Gobbill technology say it is like set-and-forget when it comes to automatic collection of funds into their bank account. It saves their business time on reconciliation, improves cashflow and increases transparency in the financial management processes.

How Gobbill can assist?

Gobbill is an Australian built solution which helps SIL operators to manage and automate the collection of funds from participants by debiting their bank accounts when payments are due. This is set-up once when the participant signs up with the operator. Participants do not have to give the support worker their credit card, internet bank access or cash to pay for everyday expenses anymore. 

It is a simple 3-step process:

1.           Setup your participants in Gobbill with their bank accounts to direct debit.

2.           Send your invoices into <your_participant>@gobbill.com account.

3.           The amount is debited and deposited into your account by the due date.

With Gobbill taking care of the collections and bill payments, this allows SIL operators to save significant administration time and improve their cashflow while reducing the risk of financial abuse.

Email [email protected] or contact us at Gobbill.

The ATO says 90% of property investors have made mistakes in their tax returns and it is cracking down this coming year.

May 29th, 2023 Posted by Financial Management, Property, Time Management 0 thoughts on “The ATO says 90% of property investors have made mistakes in their tax returns and it is cracking down this coming year.”

The Australian Taxation Office (ATO) is on the move to crack down on landlords that incorrectly claim or omit items for investment properties on their tax return. The ATO found nearly 9 out 10 landlords making various mistakes such as submitting incorrect claimed expenses and rental income.

Assistant tax commissioner Tim Loh said the Tax Office was targeting areas where people often made mistakes on their returns such as leaving out rental income and overclaiming expenses. “We encourage rental property owners and their registered tax agents to take extra care this tax time and review their records before lodging their return,” Loh said.

Not having the eligible expenses digitally stored and correctly categorised in one place is a big hassle when it comes to tax time.

Senior Accountant Anthony Fernando from Xantias financial management says that he sees this all the time while he assists many clients with their tax returns. “Clients are time poor and need to collate all their expenses for claims. They also need to be aware of what expenses are claimable as per ATO’s standards. A good tax accountant can guide you through.” 

It takes a lot of time and effort to pay bills relating to investment properties and keep on top of records for expenses. Maintaining proper records is important to calculate and substantiate your deductions.

An Australian technology company called Gobbill has been helping property and business owners over the last 5 years. The system automatically does the data entry of bills, check for any fraud/scams, pays the bill before the due date and allocates the bill to correct property (or entity) after the initial setup. This helps property investors to avoid errors, save them a lot of time throughout the year and remove the hassle of finding eligible claims at tax time.

Gobbill is a solution used by many Australian property investors to organise and automate all their bill payments, then store in one place the relevant expense claims. It removes the hassle of finding all the expenses when it comes to tax time. Our clients just export a file for their accountant which also contains all the information required including the associated property/entity for the bill.

Contact Gobbill to find out more about paying and tracking investment property expenses https://gobbill.com/contact/  or email [email protected]

Contact Xantias to find out more about financial management https://www.xantias.com.au/contact/  or email afernando@xantias.com.au

#taxtime #eofy #accounting #propertyinvestment #tax

Sources:
1) Sydney Morning Herald, April 2023 – Landlords asked to explain $1.3 billion tax shortfall in new ATO blitz: https://www.smh.com.au/money/planning-and-budgeting/landlords-asked-to-explain-1-3-billion-tax-shortfall-in-new-ato-blitz-20230414-p5d0fp.html  

2) Australian Financial Review, April 2023 – How ATO crackdown is targeting your investment property:   https://www.afr.com/wealth/personal-finance/how-ato-crackdown-is-targeting-your-investment-property-20230419-p5d1nt

3) The Australian Taxation Office: https://www.ato.gov.au/Individuals/Investments-and-assets/Residential-rental-properties/rental-expenses-to-claim/

4) The Australian Taxation Office: https://www.ato.gov.au/general/interest-and-penalties/penalties/statements-and-positions-that-are-not-reasonably-arguable/

5) The Guardian, April 2023 – Australian Taxation Office to force banks to hand over landlord data in investment property crackdown: https://www.theguardian.com/australia-news/2023/apr/12/australian-tax-office-force-banks-hand-over-landlord-data-investment-property-crackdown

$430K stolen from Melbourne High School to feed a gambling addiction. Gobbill can prevent such fraud says CEO and former school’s old boy.

March 7th, 2023 Posted by Business Management, Featured, Financial Management, Fraud Prevention, Payments 0 thoughts on “$430K stolen from Melbourne High School to feed a gambling addiction. Gobbill can prevent such fraud says CEO and former school’s old boy.”

A former business manager of Melbourne High School has been jailed after stealing more than $430,000 from her employer to feed an out-of-control gambling addiction.

Frances Walshe’s first theft in early 2012 went unnoticed by the school because of a poor financial governance model that gave the 65-year-old unchecked access to its bank accounts.

Over the following decade, Walshe made a further 263 illegal transactions, stealing $432,546 from the school’s coffers to feed an out-of-control gambling addiction.

Schools, clubs, not-for-profits and other organisations can’t rely on trusting one person who has banking access. For less than $50 per month, a subscription to Gobbill automates accounts payable saving time and costs. It reduces the need to access Internet Banking for making payments, and eliminates or reduces the risk of internal and external fraud.

Shendon Ewans – Gobbill CEO and a Melbourne High School ‘Old Boy’ says that this type of crime could have been prevented. For such a school where funds are so important and fundraising can be very difficult at times, it is disappointing for the school’s management to not have the proper check and balances.

Find out how Gobbill can protect your organisation – school, club or private business.

Contact Gobbill https://gobbill.com/contact/

Image Source: ABC News. Frances Walshe (right) has been sentenced to two years’ jail after stealing thousands of dollars from Melbourne High.(ABC News: Kristian Silva)

Read more from ABC News: https://www.abc.net.au/news/2023-03-06/melbourne-high-school-frances-walshe-business-manager-jailed/102057716

Chartered Accountants CA-ANZ presents Emerging Technology session with Gobbill

October 11th, 2021 Posted by Uncategorized 0 thoughts on “Chartered Accountants CA-ANZ presents Emerging Technology session with Gobbill”

Join Gobbill’s CEO Shendon Ewans as he presents Gobbill at CA Catalyst’s Emerging Technology pitch night series.

CA Catalyst sources leading edge technologies from their ecosystem of strategic fintech hub partners that could transform your business.  

You will hear from the entrepreneurs behind the emerging technology and get a first hand experience of a virtual Shark Tank-style pitch event. 

If you’re keen to find out what startups are new in the innovation ecosystem and ask them questions about their journey, then this is for you. So, sit back, relax and watch these fantastic founders put it all on the table. 

Live Webinar | Thursday, 14 October 

2:00pm – 3:00pm | Perth, Hong Kong, Malaysia, Singapore
3:30 – 4:30pm | Darwin
4:30 – 5:30pm | Adelaide
4:00pm – 5:00pm | Brisbane
5:00pm – 6:00pm | Sydney, Canberra, Melbourne, Hobart
7:00 – 8:00pm | New Zealand

Register here

We’re hiring: Customer Service – Disability Sector (Part or Full-time)

May 14th, 2020 Posted by Startup 0 thoughts on “We’re hiring: Customer Service – Disability Sector (Part or Full-time)”

Based in Melbourne CBD or Flexible Remote Work | Permanent | Immediate start

Join an amazing and passionate team dedicated to providing excellence in customer care.

We are looking for a key individual who is passionate about helping clients in the disability sector with experience in customer service and accounts payable. The ideal candidate has an understanding of the disability sector and accounts processing experience. The candidate must have excellent soft skills such as listening and empathising, and is process driven.

Gobbill is a high growth tech company that automates bill payments for small businesses and households. Founded in 2015 and sponsored by Microsoft, Gobbill can pay bills and invoices issued from any Australian provider including utilities, telecommunications, council rates, insurance, NDIS providers and more. Recently our company has expanded into the NDIS sector providing solutions and is growing.

A lot of this role will be shaped by the right person we find.

Why work with us:

  • Part or Full-time permanent role based in Melbourne office and/or remote working.
  • Hours are flexible and suits a self-driven individual.
  • Exciting and growing company in Australia with global aspirations starting with UK.

Experience & Skills:

  • Experienced in customer service, finance and administration or equivalent
  • 1+ year experience
  • Understands or worked in disability sector
  • Formal or informal skills in Auslan sign language desired

Qualification: Social work, Community service, Disability and/or Finance, Business, Accounting.

All candidates are required to hold relevant working rights in Australia.

Remuneration: Negotiable.

Other details: Standard 3 months’ probation.

Location: 710 Collins Street Docklands VIC 3008

Reporting to: CEO

How to apply: Email your CV and Cover Letter to Shendon Ewans [email protected]

Applications close when the right candidate is found or 30 June 2020.

Electronic fund transfer fraud costs Brisbane couple $1 million | ABC News

May 21st, 2019 Posted by Uncategorized 0 thoughts on “Electronic fund transfer fraud costs Brisbane couple $1 million | ABC News”

After $1 million was siphoned off their company’s accounts and their bookkeeper charged with 250 counts of fraud, a Brisbane couple wants banks to be more accountable for electronic fund transfer (EFT) fraud.

Their bookkeeper has been charged with 250 counts of fraud and fraud-related offences in relation to the missing money, and accused of using electronic funds transfer fraud.

“We thought that our money was safe, we thought our lives were safe — but it’s destroyed us,” Ms Saggers said.

Detective Inspector Vince Byrnes warns EFT fraud can have a “devastating” impact on people.

Banks in Australia don’t have to cross-check account names against account numbers in EFT transactions.

Reducing the risk of fraud and ‘segregation of duties’ is important even with micro and small businesses. That’s why Gobbill in the mix would help small business owners, bookkeepers and accountants prevent fraud and other potential cyber-related crimes.

Sign up for a Business Plan or our Partner Program if you’re a bookkeeper/accountant.

Read more at ABC News. 

Gobbill featured in latest edition of Accounting Technician Magazine

May 12th, 2019 Posted by Uncategorized 0 thoughts on “Gobbill featured in latest edition of Accounting Technician Magazine”

The Association of Accounting Technicians (AAT) and Gobbill have partnered to provide bookkeepers with cutting-edge technology that helps combat invoice fraud while automating the accounts payable process. Accounting Technician asked Gobbill all about the partnership in the latest edition of Accounting Technician March 2019

 

Automation technology in the hands of accounting technicians will make the greatest difference in reducing the risk of invoice fraud. Gobbill provides top five tips to avoid bill scams in the article.

 

Gobbill was also invited to present to the Victorian Accounting Teachers Network 10th May 2019 to raise awareness of increasing fraud impacting small businesses and how new automation technologies such as Gobbill can help combat it.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: AAT Accounting Technician

Federal Budget 2019, Innovation is taking a backseat and Australia is losing out.

April 8th, 2019 Posted by Financial Management, Gobbill News, Startup 0 thoughts on “Federal Budget 2019, Innovation is taking a backseat and Australia is losing out.”

Bill payment automation company Gobbill is seeing more small businesses doing it tougher drawing on reserves to meet their payables. The 2019 Federal Budget may be good for some small businesses but certainly lacks investment in innovation. The increased instant asset tax write-off may help bricks and mortar type businesses but is unlikely to help high-tech innovative companies using scalable cloud processing and other subscription-based services.

There should have been more support and a broader view of R&D as new fields and methods of engineering and scientific development have emerged and do not necessarily fit the traditional R&D models. A different lens should be applied to larger corporations conducting R&D compared to start-ups, especially in incubators and accelerators.

Australia is competing with the rest of the world and we’re losing out. For example, the UK provides entrepreneurs with a personal relief tax rate of 10%. In addition, Australia has also loosely copied the UK Enterprise Investment Scheme to help attract early stage funding but we could do much better.

Watch full interview of Frank Labs’ Senior Advisor Jasmine Koh interviews Gobbill CEO Shendon Ewans about the Federal Budget impact on Small Businesses and Startups.

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