It’s our 20th birthday!
Yesterday was our 20th birthday and that’s a long time in the exciting world of bookkeeping! Rather a lot has changed in that time. But we still celebrate every occasion with cake.
On 1st July 2000 GST and BASs came into existence – that encouraged a lot of small businesses to ditch excel and move to proper accounting software, of course it was desktop software back in those days.
And then cloud accounting gave small business owners a chance to run their businesses from wherever they please. It changed the way bookkeepers worked with their clients – no more wasted travel time & booking (2hr minimum) appointments weeks in advance. Xero revolutionised the way we work when they launched here (in Australia) in 2008.
In 2009 the Tax Agent Services Act was passed and BAS agents became a thing – with minimum education standards, PI insurance and CPE requirements to help lift standards across the industry.
In 20 years clients haven’t changed much – they are still mad, bad & dangerous to know! But we love working with SMEs – helping them use their time to do what they’re good at and sharing the knowledge we’ve picked up running our own business and seeing deep inside countless others.
What will the next 20 years bring?