JUNE 2017
VOL. 1
BOOTS OFF, LOG ON AGRIMASTER
IN THIS ISSUE
M:DRIVE STANDARD NOW AVAILABLE FOR FREE THE BEST AGRIMASTER SHORTCUTS ARE YOU READY FOR END OF FINANCIAL YEAR? 3 WAYS TO PROTECT YOUR DATA IN A NATURAL DISASTER NEW FEATURE: RECEIPT BANK COMING SOON!
Where We've Been & Where We're Going Over the last 12 months, we've been focusing on improving Customer Support and Services. The Help Centre covers all aspects of the Agrimaster Program and is accessible 24/7. Live Chat is also the quickest way to get support if you have a quick question. To help you manage your data sharing at EOFY and going forward we are now giving you FREE access to m:drive standard - learn more about this on page 5. Today our focus is on making Agrimaster the way you want it. If you weren't aware, we are in the process of holding client interviews to understand user needs and farm financial processes. This research is something we want to roll out on a larger scale so we can continue to build Agrimaster to meet your changing needs.
1
JUNE 2017
VOL. 01
Are You Ready For The End Of Financial Year? EOFY is nearly here and we are here to help make it as smooth as possible for you! Follow our checklist and complete it before June 30 to ensure you are well-prepared. 1) Share Your File With Your Accountant If you haven’t used m:drive sharing yet then this is a great time to start, as it allows you to
6) Email Your Accountant Now for Their
securely share your files with your accountant
EOFY Checklist
or consultant.
Gather all of your paperwork prior to EOFY (eg. New HP, Lease or Loan documents),
2) Check for Alternative Codes (if in use)
making the job much easier for you after
Ask your accountant if they use Alternative
July 1.
Codes and if so, check that any new codes you have set up in this financial year are fitted
7) Pay Attention To Your Accountant’s
with the Alternative Codes. Confirm these
Communication
with your accountant.
Before June 30 see if your accountant has any pre-tax planning information for you.
3) Update Your Cashbook Data Make sure your cashbook data entry is up to date for May and June for a smooth July. 4) Check for Old Outstanding Entries Look back at any outstanding debtors or creditors you have that are more than two months old. You’ll need to tidy these up before EOFY by contacting the parties and resolving the payment. 5) Consider Tax Deductions Chat to your accountant and if your finances permit, pay all employee and directors/business owners’ super contributions in this financial year so it can be claimed as a tax deduction.
2
JUNE 2017
VOL. 01
CEO Sleepout On June 22nd our Managing Director David, is participating in the CEO Sleepout run by Vinnies, to help raise crucial funds to fight homelessness in Australia. More than 105,000 Australians experience homelessness on any given night of the year from which 44% are women. Out of these, over 17,000 are children under the age of 12 who do not have a stable place to call home. Please support David in this cause, you can donate by heading to the ceosleepout.com.au website and searching for David EgertonWarburton.
3
JUNE 2017
3 Ways To Protect Your Data In A Natural Disaster When natural disaster strikes, you have enough to worry about with keeping your family and yourself safe. Australia, along with other countries, is facing a rapid increase in extreme weather conditions and natural disasters due to the ever-growing population among other factors. Here are three tips to help you protect your data: 1. Know which financial data is important Take the time to look over all your data, clean it up and decide which data is necessary to be safely stored. Pick information which will allow you to get back to business almost as if you’d never left. You should store your business records for roughly seven years to defend any potential claims.
VOL. 01
2. Know what assistance is available after a natural disaster The ATO for example, offers help with your lodgment program and reconstructing records. They provide support via a variety of things including: allowing lodgment deferrals of activity statement or tax returns without penalty, fast-tracking refunds and making arrangements for payments of tax debts by instalment. 3. Utilize the storage systems available with the current products you use Find out what storage is available on all the products and systems that you use to run your farm business. For example, utilise the Agrimaster free cloud storage, m:drive so that all your financial data is secure and safe at all times. Your data is a crucial part of your business, make sure you have it saved securely to avoid any trouble. Find out how you can protect your computer from cyber attacks by reading our blog here.
4
JUNE 2017
VOL. 01
M:drive Sharing Is Now Available To You For FREE M:drive allows you to seamlessly share your data with other Agrimaster users such as your accountant, advisor or family member/work colleague. As m:drive is cloud based it saves you the hassle and unreliability of physical transfers such as USB's and CDs. M:drive is also a safe place to keep your data in case of a disaster - m:drive stores your data in a reliable, secure environment which gives you peace of mind by knowing your data is protected no matter what happens.
Receipt Bank: Coming Soon Receipt Bank is a subscription-based online service and app for your smartphone. The Receipt Bank app allows you to use your smartphone to photograph invoices and receipts which are then converted into a CSV file. This CSV file can be downloaded from the Receipt Bank website and imported into Agrimaster to assist you in recording your invoices and receipts, quickly and easily. Receipt Bank will be available in the next release of Agrimaster. Are you ready to make your data entry process faster, easier and more efficient?
Connect 1800 110 000 support@agrimaster.com.au
Have a question? Ask Us On Chat!
Agrimaster 5