Role of Small Business in Australia’s Economic Recovery

by Adrian Bell - June 14, 2020 - Comment

Policy makers are looking for fresh ideas in Tax Reform as Australia faces its first economic recession in almost 30 years.

Big business is the future for many small businesses – whether the small business grows into one, or becomes an essential business partner.

Growth in local demand will be more important than tax cuts for small business. I’m sharing my thoughts on how an Imputed Tax Credit could be passed from Small Business to Large Enterprise in order to stimulate demand and create jobs domestically within small business.

The same mechanism could be used to drive policies and initiatives on important issues such as critical supplies and workplace equality.

I’d love to hear if this idea breaks any economic rules and if it garners any interest in the business community.

Small Businesses employ approximately 5 million people or 44% of the Australian workforce. How do you see Small Businesses assisting Australia’s economic recovery post-COVID19 pandemic?

Simple SAP Solution for IFRS16 (New Lease Accounting Standard)

by Adrian Bell - February 06, 2019 - Comment

What is IFRS16? IFRS16 is the new International Accounting Standard for recognising, measuring, presenting and disclosing Leases. IFRS16 replaces IAS17 whereby only Financial (Capital) leases were disclosed as Assets with a corresponding Liability on the Balance Sheet. Operating Leases were treated as renting whereby lease payments were reported as an expense in the Profit &…

Mainframe Memory Lane – Part I

by Adrian Bell - September 14, 2016 - Comment

Skilling up on SAP’s shiny new ERP (S/4 HANA) inevitably brings comparison with last year’s model: SAP ECC 6.0…and its elder sibling SAP R/3. S/4 HANA – SAP’s biggest technology leap since R/3. It’s natural then for consultants to ponder how much hard earned client-server-based ERP knowledge is obsolescent as we move toward a “columnar,…

Entelsoft’s website relaunch

by Adrian Bell - July 24, 2016 - Comment

Long overdue and with special thanks to the folks at Zeek Studios, Entelsoft has relaunched its website.

To celebrate, we’re giving away of 20 teal blue Entelsoft pens. Okay – promotional pens may not sound too exciting – but these ones are a little different. The Entelsoft pen has been crafted from hand-machined aluminium, hand-stamped with the Entelsoft logo and then anodised to last a lifetime.