As a marketing company, you need to be on top of your finances at all times. This includes knowing how to account for GST, tax and other expenses.

Fortunately, there are some great accounting software packages out there that can make your life a lot easier. We recommend Xero for small businesses. Both of these offer great features and are very user-friendly.

When it comes to managing subcontractors, it's important to ensure that you are paying them correctly. This includes deducting the correct amount of GST and tax. Failure to do so could result in hefty fines from the ATO.

It's also important to keep track of all your expenses, including any props or equipment that you may need to purchase. Again, Xero can both help with this.

So there you have it, a few things to keep in mind when it comes to accounting for marketing companies. By keeping on top of your finances, you'll be able to avoid any stressful situations down the line.