Annual compliance and reporting to QBCC for construction businesses.
A specific App or button for trades and construction businesses to use to produce the reports needed by the QBCC annually to be compliant and maintain their trade licenses. Annual compliance and reporting to QBCC for construction businesses is a complex procedure, but I am sure everything they ask us to produce is available in Xero. If Xero could create an easy method to provide this information at the click of a button, it would save a lot of time and money at the accountant's office. When you are not a numbers person but a tradie, the compulsory annual reporting to the QBCC can cost you your license if done incorrectly. Look here for what we are required to report: https://www.qbcc.qld.gov.au/running-your-business/financial-requirements/financial-reporting-obligations-contractor-licensees-1
Skubi Testa
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