Advivo Newsletter May 2019

Welcome to the new look Advivo Newsletter, we hope you like it. As many of you already know the very core of what we do at Advivo is to help you grow your business, yes the accounting and tax compliance is essential too but it does not add value to what you do and work…

SCAM WATCH!!! Update from the ACCC

Latest Figures in the ACCC’s Targeting Scams Report Australians lost almost half a billion dollars to scammers in 2018 according to the latest figures in the ACCC’s Targeting Scams report released last week. “Total combined losses reported to Scamwatch and other government agencies exceeded $489 million – $149 million more than 2017,” ACCC Deputy Chair,…

Advivo Business Navigator April 2019

–  There’s More Than One Road to Success  – That’s a wrap! The first quarter of 2019 is now behind us, and we only have one more to go to hit our goals for the financial year. April is an incredibly important month in many ways: religious celebrations with Easter, Australian heritage with ANZAC day,…

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Cloud Accounting and Integration

Get Up-To-Date Business Information at Your Fingertips Cloud Accounting and the integration of multiple internal systems will help take your business to the next level by placing up-to-date information about your business at your fingertips. Perform such tasks as uploading receipts and other bookkeeping data from anywhere and have it available in real time through…

What is Fringe Benefit Tax (FBT)?

What is Fringe Benefits Tax or FBT? A fringe benefit is a benefit provided in respect of employment, essentially a benefit provided to an employee (or their associate) because they are an employee. An example of a fringe benefit being provided to an employee may be one of the following: Allowing your employees to use…

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Saving time with Artificial Intelligence (AI)

Easily Track Your Transactions and Business Records With ReceiptBank How often have you looked at your business records and struggled to work out what a transaction was for in order to correctly allocate it or answer the inevitable question from the accountant? You can’t remember what it was for, because it was a long time…