As the 30th of June creeps up, 2020-2021 has been a financial year like no other. There have been many changes and government initiatives announced throughout the COVID-19 pandemic. JobKeeper and Cash Flow Boost credits all need to be reported, as...
The Acacia Blog
Insights, guides and articles; drawing on our collective industry experience to help you make smarter, faster financial decisions that improve your business performance.
Which ERP System Is Right For Your Business?
Whether you’re a medium-sized business rapidly expanding or a large-sized enterprise that has outgrown your current system, choosing the right Enterprise Resource Planning (ERP) system for your business can be a confusing and overwhelming process....
6 invoicing and payment tips for the EOFY
Why does it seem that the end of financial year (EOFY) creeps up upon us every year? We could blame the short winter days, hurtling by at the speed of light, but in reality, we all know it’s coming, it happens every year. So why does it seem to be...
Benefits To First In, First Out Warehousing
First in, first out (FIFO) warehousing is a simple concept and when it comes to food distribution, it is the most effective inventory management method. FIFO is as simple as it sounds - the first items that come into your warehouse are the first to...
2021 Federal Budget: key points for small businesses
On Tuesday night Josh Frydenberg delivered the Australian Federal budget for 2021-2022. While there were obvious funding front-runners, such as the COVID-19 vaccine and aged care, what were the outcomes for Australia’s small and medium businesses?...
Stocktake: Is once a year enough?
One of the most important tasks food manufacturers and distributors undertake is a stocktake. Traditionally, businesses undertake a stock-take once a year, before the end of the financial year. But is once a year enough? By undertaking regular...