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5 Must-dos for Small Business Owners for EOFY – by Intuit Quickbooks

Posted by Team AVS on 23 Jun, 2016  0 Comments

If you work on your accounts regularly, this won’t be such a problem. But if you tend to push everything to one side, you may have a large backlog to catch up on. Moving from paper or Excel accounts to professional accounting software can help you here, as it will automate a lot of tasks such as bank transactions. Miscoding these is the top mistake made by small businesses, according to a survey of members of the Institute of Public Accountants (IPA).


7 Things Businesses Can’t Claim as a Tax Deduction: Part 2– by Intuit Quickbooks

Posted by Team AVS on 31 May, 2016  0 Comments

Businesses can incur many expenses, but not all of them are tax deductible. Aside from things like entertainment expenses, phone use and certain business travel, we highlight additional expenses you should think twice about before claiming. While we’ve previously run through some of the popular mistaken tax deductions, you should be aware of a few more to avoid questioning and potential prosecution from the Australian Tax Office.


Are Transportation and Travel Tax Deductible? – by Intuit Quickbooks

Posted by Team AVS on 31 May, 2016  0 Comments
Find out exactly what is and isn’t tax deductible when it comes to travel expenses.

While transportation can be practically essential to earning an income, the costs of travel and transport aren’t always tax deductible. We explain situations where you can safely claim the cost of travel and transport and when you can’t.
The General Rule about Travel
The ATO generally does not permit individuals to deduct the cost of travel to and from

Growing Your Business Sucessfully – by Intuit Quickbooks

Posted by Team AVS on 6 Apr, 2016  0 Comments

Growth in a small business is a great sign, but it’s important to know how it changes operations.

It’s an exciting time when your small business begins to grow – from gaining new clients to increasing your range of services, there are a number of areas your company can expand on. Growing your business can be challenging. Learn how to make it a smooth process.
Getting advice from a range of people is a smart way to see how the growth of your small business will affect the way you work and the operation as a whole. Speak with a financial consultant or accountant on cash flow planning,


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