Tailored Accounts

25/06/2026

‼️Clean numbers. Better decisions. A stronger new financial year.

Late June is the ideal time for SMEs to review the areas that often create issues later: bookkeeping, payroll, super, BAS, reconciliations and management reporting.

Small errors at this stage can quickly turn into bigger problems:
- Missed obligations
- Inaccurate reports
- Cash flow pressure
- Costly clean-up work later in the year
- ...

When your accounts are reviewed properly, you have clearer visibility over business performance and greater confidence in your compliance position.

If your accounts need a proper review before the new financial year begins, contact us to discuss how we can help.
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📩 [email protected]
📞 +61 2 6169 5196

23/06/2026

❗8 days to Payday Super

For many employers, this is the week to stop assuming payroll is ready.

From 1 July, super will move much closer to the pay run. That means less room for small errors to sit unnoticed until quarter-end.

A rejected super payment, outdated fund details, incorrect payroll mapping, missing new starter information, or a clearing house delay could become a problem very quickly.

Before July payroll starts, now is the time to check:

☑️ Are employee super fund details complete and current?
☑️ Are new starters set up correctly, including stapled fund checks where needed?
☑️ Are pay items mapped correctly for super?
☑️ Is super being calculated on the right earnings?
☑️ Has the June quarter super position been reviewed?
☑️ Is there enough cash flow to pay super with each pay run?
☑️ Is your clearing house or payment method ready after 30 June?
☑️ Is STP reporting set up for the new requirements?
☑️ Who in the business is responsible for checking errors before the 7-business-day window closes?

The risk with Payday Super is not always the big, obvious mistake.

It is the small payroll issue that only gets noticed after the deadline has already started moving.

If your business has not reviewed its payroll setup, super process, STP reporting, and July cash flow yet, this is a good week to get a second set of eyes on it.

At Tailored Accounts, we work with businesses to review payroll processes before small issues become expensive compliance problems.

A quick review this week could save a much harder clean-up in July.

18/06/2026

EOFY payroll is more than just completing the final pay run and clicking “finalise” in STP.

Before employee income statements are marked as tax ready, it is worth taking a step back to check that your payroll records, accounting records and ATO reporting all match.

In our latest article, we share six key areas Australian employers should review before finalising STP, including PAYG withholding, superannuation, employee setup, termination payments and year-end payroll reports.

A quick review now can help avoid bigger payroll issues later.

Read the full article here: https://tailoredaccounts.com.au/2026/06/15/before-you-finalise-stp-check-these-six-areas/

16/06/2026

Congratulations to CPA Australia on celebrating 140 years of supporting and shaping the accounting profession.

Last week, Harry Hoang and Hannah Tran represented Tailored Accounts at CPA Australia’s 140th anniversary event.

It was also a special moment for Harry, our CEO, to deliver the opening speech and be part of this meaningful milestone.

We are proud to share a strong connection with CPA Australia and to continue supporting the accounting and business community alongside an organisation with such a long and respected history.

Congratulations again to CPA Australia on this wonderful achievement. 👏👏

11/06/2026

For many organisations, EOFY is a time to review financial performance.

But it can also be the perfect opportunity to review something equally important: how work actually gets done.

Over time, processes evolve. New systems are added, spreadsheets multiply, responsibilities shift and workarounds become part of everyday operations.

What started as a temporary solution often becomes the way things are done.

The result?

❎ Repetitive manual work

❎ Knowledge concentrated in a few key staff members

❎ Duplicate data entry across multiple systems

❎ Delays in reporting and decision-making

❎ Frustration for employees and volunteers

As organisations prepare for the new financial year, EOFY can be a valuable opportunity to step back and assess whether existing systems and workflows are still supporting the organisation's goals.

Sometimes small improvements to processes, systems and reporting can deliver significant long-term benefits through improved efficiency, better visibility and a better experience for staff.

At Tailored Accounts, we have been helping organisations analyse their current workflows, identify bottlenecks and explore opportunities for improvement through our Systems & Workflow Analysis service.

Because improving organisational performance is not always about working harder.

Sometimes it starts with understanding how work flows through the organisation in the first place.

If you're reviewing your operations ahead of the new financial year and would like an independent perspective on your systems and processes, we're always happy to have an initial conversation and explore potential opportunities for improvement.
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✉️ [email protected]
📞 02 6169 5196
🔗 https://tailoredaccounts.com.au/

09/06/2026

One thing we've learnt from working with Australian businesses over the years:

❎ EOFY problems rarely come from one big mistake.

✅ More often, they're caused by dozens of small issues that have built up throughout the year: unreconciled transactions, missing receipts, payroll adjustments, GST coding errors or outstanding balances.

That's why the businesses that prepare early usually have a much smoother EOFY experience.

We've put together a short article explaining what happens behind the numbers at EOFY and why preparation matters to Australian businesses:

For many small business owners, superannuation still feels like something to deal with after wages, rent, suppliers and cash flow pressures.

04/06/2026

Our CEO, Harry Hoang, enjoyed attending the Griffin Accelerator Celebration Dinner this week as a mentor in the Griffin Accelerator program.

It was a great opportunity to celebrate the achievements of founders from the Griffin 4 and Griffin 8 cohorts, reconnect with fellow mentors, founders and supporters, and reflect on the incredible contribution that Griffin Accelerator and Canberra Innovation Network have made to Canberra’s innovation ecosystem over the past 12 years.

A huge congratulations to all the founders, mentors and organisers involved. Thank you to Griffin Accelerator and Canberra Innovation Network for continuing to support and champion entrepreneurship, innovation and business growth in our region. 👏

02/06/2026

Payday Super is almost here.

From 1 July 2026, super contributions will generally need to reach employees' funds within 7 business days of each payday.

For many businesses, the biggest challenge won't be compliance. Tt'll be cash flow.

For years, quarterly super payments gave businesses a bit of breathing room, but that buffer is about to disappear.

If your clients take 30–60 days to pay while payroll runs weekly or fortnightly, every pay cycle will now need enough cash to cover wages, PAYG and super.

Here are 5 things worth reviewing before 1 July:

👉 Rework your cash flow forecast: Stop treating super as a quarterly expense. Build it into every pay run and stress-test what happens if a major debtor pays late.

👉 Consider a dedicated payroll account: Set aside wages, PAYG and super each pay cycle so payroll obligations don't get swallowed by day-to-day operating expenses.

👉 Review your debtor terms: If customers regularly take 45–60 days to pay, now may be the time to tighten collections, renegotiate terms or offer early-payment incentives.

👉 Talk to your bank: If your overdraft or credit facility was designed around quarterly super payments, check whether it's still fit for purpose.

👉 Plan your clearing house transition: The SBSCH closes on 1 July 2026. If you're still using it, now is the time to select and test an alternative solution.

June is your final opportunity to get ahead of the change rather than react to it.

What's likely to be the biggest Payday Super challenge for your business?

30/05/2026

Closing out a brilliant May as Tailored Accounts gears up for the busy end-of-financial-year season! 😍

Despite the packed schedule, o ur team always finds time for those unexpected, fun "F5" moments together.

Today, taking over the feed to wish a very happy birthday to our sisters of the TA family. May your new chapter be filled with radiant beauty, endless happiness, and smooth sailing ahead! 🥳

28/05/2026

From arriving in Australia as an international student with very little, to backing more than 70 startups as an angel investor, our CEO - Harry Hoang OAM shares a personal perspective on the unintended consequences the Federal Budget 2026–27 may have on Australia’s startup ecosystem.

The article explores how changes aimed at fairness in theory may place additional pressure on founders, early-stage investors and the broader innovation community in practice.

A thoughtful read on entrepreneurship, risk-taking and the realities faced by many people helping build early-stage businesses in Australia.

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Our EOFY Checklist is still available to help you navigate your compliance requirements: https://www.jotform.com/form/261261065737053

Judging by the 2026 Federal Budget, the Treasurer must think Australia’s angel investor base is just a small club of…