In the last few years, Australian companies have started to comfortably offshore the bookkeeping and accounting portions of their businesses to BPO (Business Process Outsourcing) companies in the Philippines. This strategy gives lucrative opportunities for Filipino accountants and bookkeepers in getting high-paying jobs catering to the Australian market.
However, these opportunities are only largely available to accountants and bookkeepers with specific knowledge and skills on particular Australian accounting tools and topics. So, what do you need to learn to land to one of these jobs?
We listed down the top 4 things you need to learn, as well the resources available online that you can use for free!
- Xero, it’s the accounting software used by many Australian businesses. It’s easy to use, and their website will even allow you to sign up for a 30 day free trial account. This is an excellent way for you to explore and practice using the software while watching their free online tutorial videos and how-to’s.
Sample free tutorial video from Xero.
- Australian Taxation, this topic may sound taunting at first but the Australian Taxation Office website provides an abundance of information and tools you can use to learn about Australian taxation. Here you’ll find a glossary of terms, the common tax rates and codes, tax tables, as well as calculators and other tools.
Australian Taxation Office website.
- MYOB, another commonly used accounting software in Australia. Just like Xero, MYOB allows you sign up for a 30 day free trial. They also offer free online training. If you have questions, MYOB has a wiki knowledge base site where you can get the answers you need.
Sample MYOB online training courses
- Self-managed Super Fund (or SMSF) is another important topic to learn. SMSF is a legal tax structure for the purpose of providing for the retired member. The ATO website provides easy-to-understand content and videos on SMSF.
A video on the ATO website explaining SMSF.
Having the expertise on these 4 topics will definitely open numerous Australian BPO doors for you. So, start wearing your learner’s hat and begin growing your knowledge and career as an accountant or bookkeeper .