Neto is a Brisbane based e-commerce SAAS product that has most recently combined the shopping cart and perpetual inventory management solution into one platform. Neto is a great choice for a Australian based business as it provides a full featured system with all sorts of plug and play functionality. It provides an auto sync to […]
eCommerce … inventory, Fx, multiple channels, different payments … Xero HELP!!
Business has never been better and you have never felt more out of control … sound familiar? You own a business selling widgets online that has grown from your garage to a warehouse. Business is booming! Problem is … you have cobbled together a number of disparate e-commerce systems, and none of them talk to […]
ATO Deferred GST | How to Complete the BAS
The ATO has a little known but very helpful scheme in place to assist importers with their cash flow. The scheme is called Deferred GST. This allows freight forwarders to waive the GST cost of imported goods when they land in Australia. The client is charged the GST by the ATO on a monthly basis […]
What is just-in-time (JIT) inventory management and can it work for your business?
What is just-in-time (JIT) inventory management and can it work for your business? Imagine an inventory management system that requires minimal capital expenditure, low inventory levels, and high inventory turnover rates. That’s where just-in-time (JIT) inventory management comes in, a strategy where businesses receive goods only when they are needed in the production process. It […]
MYOB Inventory – You do not have enough of item xx to record this transaction OR the purchase of Item xx would value your inventory at less than 0.00
I had a call from a client yesterday with the following question: 1. We purchased 10 units of item 100 for $100 (average cost of $10 each) from supplier A. We ended up returning these goods to the supplier as they were faulty. In the meantime, we purchased 10 of these […]