Pay less tax and comply! using TRL for BOB.
Contractors and traders in Australia have to fulfil a growing range of obligations to remain compliant with the tax man, with GST, BAS, Superannuation, Workers Compensation and Insurance. Non compliance is extremely risky not to mention attracts HUGE fines.
Tax Receipt Log (TRL) with the BOB system means you manage the risk and stay compliant. Not to mention saving money, time and never losing a receipt again. Never having to spend hours typing in expenses from those little bits of paper that are now too faded to read!
TRL for BOB provides you (the contractor) with a seamless link to the BOB contractor automated administration services which looks after all your compliance paperwork and obligations. TRL for BOB allows you to forget the admin hassles and concentrate on building your business or enjoying your leisure time.
And it only takes 15 seconds. Done. Sorted. Forgotten - until you email the files to your tax accountant without ever touching the receipts again.
Magic? We know!
TRL for BOB is fast, simple and easy to use. It has user editable categories. It emails the completed file with a photo of each receipt (original documentation) to whoever you need to send it to.
Check out the web site for User Manuals at http://www.taxreceiptlog.com/user-guide.php - look at the quick "How To" video for a quick tutorial - or simply open the App, choose "Take Photo" and take a snap of your receipt, (I do it right there at the check out - that way I get GPS location of my purchase).
Next, type in the total cost. Click "Save" and you are all done, in less than 15 seconds.
If you want, you can also choose a Category for the expense, as well as add Notes or record a Voice Memo. Do it all at once, if you have time, or add details later at your leisure!
TRL for BOB records all of the data in a spreadsheet compatible file along with the photos and any notes or voice memos. This file can later be emailed to whoever you choose with all the photos, notes and memos attached.
Your accounts department (that might just be you!) will love you!
That’s it. The job is done. No need to hunt for lost bits of paper, no more searching through credit card statements wondering what that charge was for. No need to ever be late submitting again.
Now go enjoy your extra leisure time!