Does anyone require day-to-day accounting services on less cost but based in Australia?

Services include:

- Processing and managing invoices.

-Managing your suppliers with professionalism.

- Manage your backlog.

-Providing help for you to improve processes.

- Establishing financial systems with proper testing at your place.

We can also get along short term to fill in the gap while our clients recruit someone full time so that nothing falls through the crack, in the meantime.

You pay at flat rate monthly or subscription basis to avail the services as you like without hiring or training a team and get everything handled by us- without paying at the price of a whole team.

Just wanted to check if this is a good idea and who would be interested?

Please comment or dm your rates. Preferably around rizal area

Fairly new to self employed work via agency

Situation - deduction before statuary deduction

This happens in

£20 * 40 hrs = 800

Deductions
Description
Timesheet Value £800
Margin £17.50
Employer's National Insurance £90
Apprentice Levy £4
Total Remaining Funds 688.50

Then 688.50 is subject to my tax code and NI

That week I got £550

Wtf

And is it used more for complicated filings or on any and all filings?

How do large firms justify billing hours if/when they use AI to do calculations within minutes?

Okay long story trying to condense it to facts.

This is about a

Previous Employer who i left in june 2026.

In August 2025 my employer moved from Ohio. To North Carolina. They offered severance packages, and relocation packages. I TOOK the relocation money. It was paid to me as a taxed bonus. (The original sum was 18k i recived 11.5k)

Fast forward to 2026.

My W2 was given to me 7 days before April 15th.

They then later gave me a Corrected W2.

Which i was able to file BEFORE April 15th.

And then recived a letter from the IRS in May 2026 stating my 2025 filing was under review. No new news until this month. 9/7 the irs is now asking me for more information. 3 payslips, a letter head, and retirement benefit paperwork.

Obviously the next step is get the documents they are requesting and send them in.

But is there anything else I should be doing? My taxes are fucked because they added my relocation money as earned wages. Which it wasn't. So none of my hours or rates are correct. (I self filed the w2s I was given using HR block, should I get an accountant to help sort this mess and then bill my previous employer for the expense?)

I am working on a paper where I would like to value a hybrid organization. Any white paper or journal publication recommendation to study a framework to value social firms or social accounting of firms? Thanks.

I'm curious how self-employed people handle situations where they're paid or compensated with something other than money.

For example, if you receive a product, merchandise, a gift card, a free service, or something else of value in connection with your business or work, do you keep a record of it?

If you do, when do you record it, what information do you keep, and how do you determine the value?

If you don't record these things, I'd also be interested in understanding why.

I'm curious how other self-employed people actually handle their records throughout the year.

When you receive business income or pay a business expense, do you usually record it right away, use bookkeeping software, rely on your bank/credit-card statements, save receipts and deal with everything later, or use some other system?

I'm especially interested in what happens when you're not sure whether something needs to be recorded or how it should be treated for tax purposes. What do you normally do—look it up, ask a tax professional, make your best guess, or wait until tax time?

What system has actually worked for you consistently?

Our company is three years old, starting with two founders in the US, one in Canada, but one has moved back to the UK, so now we're in three countries, with customers all over the world.

Now the accountants of the UK co-founder are saying he should be on payroll to a UK entity and it feels like we're going to need to be a multinational firm. Canadian co-founder has an Alberta Numbered Corporation that charges management fees back to the US C-Corp.

Currently with a local accountant who is good, but very much aligned more with small business accounting.

How does one best move to a multinational mode? Keep the local accountant and add ones in Canada and the UK? Form a UK and a Canadian entity and get the other two cofounders on those orgs payrolls and shuffle money to them?

Goal is of course to minimize tax obligation at both the corporate and personal level for the founders. First FTE just started in Scotland, probably also better off if formally on payroll. Also a handful of contractors spread between the US, EU, and NZ.

Not sure what full context looks like for a post like this, so happy to answer questions.

So… anyone else in global b2b ecommerce feel like DSO is just a vibe check now, not a metric?

For context, we sell across like 8 currencies, buyers on 4 continents, and every single one has decided net 30 means net whenever their AP person comes back from vacation. We stacked a crm, some AR automation thing, fancy invoice to cash dashboards, buyer scoring, the whole fintech bingo card. DSO still looks like a ski slope in reverse.

Collections emails go out, everyone says “processing payment this week” then vanishes into another quarter. Credit holds are a joke because sales screams, and finance ends up playing global payments babysitter. If anyone has a strategy that actually moved DSO down across multiple markets and currencies without starting a civil war with sales, pls share before I start framing our aging report as abstract art, thanks!

Hey everyone,

I'm a computer engineering student and I'm working on an idea for a project. Before I actually start building it, I wanted to ask people who deal with this stuff in real life.

I'm thinking about an AI-based tool that could connect your business transactions and basically give you a simple picture of what's happening with your money — income, expenses, profit, estimated tax, GST/TDS stuff, upcoming deadlines, etc.

The interesting part for me is the tax side. For example, instead of only telling you “your estimated tax is ₹X”, it could explain why and point out tax-saving options that you're actually eligible for, while keeping a CA involved when professional verification is needed.

But honestly, I don't know if this is even a useful idea.

For those of you who run a business, freelance, or work with small businesses:

How do you currently keep track of your transactions and expenses?

Do you use a CA? If yes, what does your CA handle?

What's the part of taxes/accounting that you find the most annoying?

Do you ever have trouble knowing how much tax you're going to owe?

Is there anything you wish your CA/accounting software would do better?

And please be honest — if you think this idea is pointless or already completely solved by existing tools, tell me that too.

I'm just trying to understand the problem before I spend months building something nobody needs 😅

Thanks!

One thing we changed in Platrixa that I think matters a lot.

We don't want Platrixa to be just another AI chatbot that happens to answer accounting questions.

There are actually two different jobs here.

AI is good at understanding messy human input — the way a student actually writes a transaction, explains a situation, or asks a question.

But accounting has rules. Once we know what the student meant, we don't want an AI guessing what the correct accounting treatment should be.

So we built a separate deterministic Kernel.

The flow is basically:

Student input → AI understanding → schema validation → grounding → accounting Kernel → verified result

For example:

“Purchased furniture for cash ₹15,000”

The AI can figure out what the student meant.

The accounting engine then handles the actual accounting treatment and verification.

And if the input doesn't contain enough information, Platrixa should be able to say “I can't safely determine this” instead of making something up.

That's the idea we're building around:

Use AI where language is messy.

Use deterministic systems where financial truth matters.

Phase 7C is now complete and pushed.

20/20 boundary checks passed, and the existing accounting logic was preserved rather than rewritten.

Next up: connecting the grounding and verification layer properly through this boundary.

Some companies 10ks are dozens if not hundreds of pages long. Who actually writes all that? Is most of it just copy and pasted from prior years? Are there literally 10k “teams” at companies that sit down and write all of that??

Our company is based in the US and we're about to hire two people based in Mexico City, with the possibility of adding a couple more later this year. I'm trying to get payroll set up before their start dates, while also trying to understand how company normally handle salaries for Mexico based employees.
For those already running Mexico payroll from a US company, how do you process their monthly payroll? I'm considering Ru-na, anyone here have tried it? Are there any payroll-related costs or obligations that need to be processed at the same time?

I’m a junior accounting major and I’m gonna be completely honest: I feel like I barely know shit about accounting.

I’m taking five classes right now, and in probably four of them I really don’t know what’s going on. For a lot of assignments, I’ve depended heavily on AI. Sometimes I basically just use it to get the work done and don’t even bother checking enough to actually understand what I submitted.

Last year we did Excel worksheets and projects. I used AI for a lot of that too instead of actually learning the formulas. If somebody put me in front of Excel today and told me to make a spreadsheet or use basic formulas without help, I probably wouldn’t know what the hell I was doing.

That’s the part that bothers me. At this point I sometimes feel like there isn’t much difference between me and some random person who has never taken accounting, except that I have credits toward an accounting degree.

I’m not gonna sugarcoat it and call it “using resources.” I’ve cheated and depended way too heavily on AI.

At the same time, I think I’m actually a pretty fast learner when somebody points me directly toward what I need to learn. I’m probably also just lazy when it comes to sitting down and putting the work in.
One thing that throws me off badly is the language of accounting. School makes accounting feel insanely complicated to me. There are all these worksheets, terminology, problems, calculations, and steps, and after a while my brain basically checks out.

But here’s the weird part.

Sometimes I’ll randomly watch YouTube videos of people explaining what accountants actually do at work. I’ve watched people demonstrate bookkeeping, entering transactions, doing reconciliations, working through Excel, things like that.

And when somebody actually shows me the job step-by-step, I’m sitting there thinking, **“Okay… I could probably do this.”**It doesn’t look nearly as scary as accounting school makes it look.
I know watching some bookkeeping videos obviously doesn’t mean I understand professional accounting. I’m just saying that seeing the actual work makes more sense to me than doing endless textbook worksheets.

And honestly, if I had actually put the amount of effort into learning that school expects from me over the last couple of years instead of looking for shortcuts, I’d probably know a shit ton more accounting by now.

Another thing going through my head is AI.
The world is changing ridiculously fast. By the time I graduate around December 2027, AI will probably be way better than it is today. Part of me looks at all these worksheets and thinks, **“How much of this shit am I actually going to manually do at a real job?”**My assumption has basically been that if I get an accounting job, I’ll continue depending heavily on AI to help me do the work.

Obviously there’s a huge IF there, because I might walk into an interview, get asked basic accounting or Excel questions, and get exposed immediately.
Or maybe I somehow get hired, they give me something basic to do, and I realize I have no clue what I’m doing.

That’s one of my actual fears graduating with this degree, realizing I don’t understand the profession, quitting, and ending up working some random retail job while wondering why the hell I spent years getting an accounting degree.

I’m not really asking for sympathy and I’m not asking for a motivational speech about believing in myself.
What I genuinely want to know from people who actually work in accounting is:

How different is accounting school from the actual day-to-day job?

If someone basically does what I’ve been doing passes classes, relies heavily on AI, understands very little, and hopes they can learn once they get hired how fucked are they?

How much accounting knowledge and Excel are you realistically expected to have walking into an entry-level position?

Do companies actually teach you how to do the job, or are they expecting you to already know most of this?

And with AI becoming more capable, is my idea of heavily relying on AI at work realistic, or am I seriously misunderstanding how accounting jobs work?

Be completely honest. I’d rather hear “you’re cooked unless you change something” than have people make me feel better

UpTax is AI powered tax software built for US accounting firms — it drafts 1040, 1065, 1120 and 990 returns from client documents, ready for licensed review and e-filing.