Experts Accounting Tips

 Hey people, I have been running around the accounting department for the last few months to get things sorted in the marketing department. As a marketing professional, I do not understand much of the accounting terms told to me by the bookkeeper. However, I have started getting a good grasp of them lately. I now enjoy asking questions and knowing how these concepts affect the business. As a budding entrepreneur, it will help me when I start my own business. So, I got to know about the difference between net profit and retained earnings. I know that it may sound immature but these two can make you confused. So, here is an article that will clear your doubts.   https://www.agibookkeeping.com.au/what-is-the-difference-between-net-profit-and-retained-earnings/

 Have you ever gone to inspect a unit only to find the number of bedrooms has been somewhat exaggerated? Found the second bedroom more like an alcove with a sliding door? Or left wondering when is a bedroom really a bedroom?  Real Estate Industry of Victoria (REIV) president Richard Simpson said a bedroom had to fit its namesake. "I believe that it should be called a bedroom if you can fit a bed in it," he said. Read More: https://www.abc.net.au/news/2022-09-13/bedroom-or-study-debate-experts-share-tips-for-housing-hunting/101424530

 Most of Melbourne's water could come from desalinated and recycled water by later this century, a Victorian government report says. It projects up to 80 per cent of Melbourne's water could come from manufactured sources by 2070, up from 35 per cent in 2020. Water would be used in homes for non-drinking purposes. The report, released last week, said manufactured water would also be used in regional homes. The Central and Gippsland Region Sustainable Water Strategy outlines the government's plans to respond to increased demand for water. Read More: https://www.abc.net.au/news/2022-09-13/recycled-water-needed-future-victorian-homes-climate-change/101417608

 With the rise of passenger drones gaining momentum globally as some of the biggest aviation companies join start-ups to create the first commercially viable electlric vertical take-off and landing (eVTOL) vehicle, an Australian company has been working behind the scenes to lay the groundwork for a network of ‘vertiports’ to accommodate what is expected to be a personal transport revolution. Skyportz, a company founded and led by Clem Newton-Brown, earlier this month revealed the design for the first vertiport in Australia to service the emerging electric air taxi industry, identifying Caribbean Park, an office precinct located in Melbourne’s east, as one of the frontrunners in the new race to conquer the skies. Read More: https://www.businessnewsaustralia.com/articles/skyportz-lays-groundwork-for-a-national-vertiport-network-to-host-a--green--transport-revolution.html