Accountancy is by its nature a conservative profession and it is rare that we see a development that will revolutionise the way we work to the advantage of accountant and client alike. The Tolstoy App by Tolstoy Systems, however, is such a development.
The ATO has recently increased both its vigilance over timely reporting, and the fines it imposes on defaulters. Much of our time is spent performing tasks whose purpose is to keep your compliant with the law.
It’s been challenging to extensively automate the process. Until now.
The Tolstoy App by Tolstoy Systems automates the sending of ATO notifications direct to your phone.
It gives you a quick view of your outstanding commitments, those that are upcoming, and those that have been lodged.
That’s convenient, but the real value for you lies in the power of the App to assist you in remaining compliant.
Clicking on a notification opens an email window, pre-populated with the responsible parties you’ve nominated against each of your directorships. With a click of a button, you can remind these parties, requesting an update on progress.