Critical Warning Signs That Your Business is Suffering Financial StressCritical Warning Signs That Your Business is Suffering Financial Stress

Statutory Demand Notice A Statutory Demand Notice is a written, formal document from a creditor requesting payment of outstanding debt. If you receive a statutory demand, you have 21 days to pay your debt. If you choose to ignore the demand, your business will be presumed to be insolvent, which{...}

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Magento Inventory Management: A High-Level OverviewMagento Inventory Management: A High-Level Overview

The inventory management module for Magento installs by default in Magento versions 2.3.x and above. It introduces Multi-Source Inventory (MSI) support that empowers you to manage products and stock across multiple sales channels. The Magento inventory management module replaces core APIs in the CatalogInventory module in Magento Open Source and the ScalableInventory module in{...}

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TECHNOLOGY AND ACCOUNTING SOLUTIONS FOR THE LIQUOR AND HOSPITALITY INDUSTRIESTECHNOLOGY AND ACCOUNTING SOLUTIONS FOR THE LIQUOR AND HOSPITALITY INDUSTRIES

Australian fintech company Zeller, which offers an ‘integrated EFTPOS solution’, has compiled a list of recommended technologies for venues. Integrated point-of-sale: Redcat Efficient POS operations is vital for the success of any hospitality business. Redcat, based in Melbourne, is a leading POS provider that counts Boost Juice, Chatime and Nando’s{...}

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New airdrop tax guidance in AustraliaNew airdrop tax guidance in Australia

The ATO has recently updated its website guidance on Airdrops in a positive way for Australian taxpayers. The previous guidance was that an airdrop of an ‘established token’ is taxable, with no further information on the definition of an ‘established token’. Equally, there was no guidance on how a ‘non-established token’ airdrop would be{...}

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CPA Australia Technology SurveyCPA Australia Technology Survey

In CPA Australia’s latest survey of technology usage by businesses, nearly one-third of respondents identified talent shortage as a key barrier to technology adoption. The survey of 820 accounting and finance professionals working across different industries in Australia, Mainland China, Hong Kong, Malaysia, New Zealand, Singapore and Vietnam revealed the{...}

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Tax Incentives for Small Business Digital AdoptionTax Incentives for Small Business Digital Adoption

Boosting small business investment in skills and technology After months of uncertainty, the recent release of draft legislation on the proposed small business boosts confirms the new Government’s commitment to progressing these tax incentives announced by the previous government on 29 March 2022 as part of the Federal Budget 2022–23.{...}

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