News Articles
Cloud Accounting vs Desktop
This is a topic that a lot of people ask about, and the main question that needs answering is: “Why move to cloud accounting?” There are a couple of very clear reasons why, such as the fact that you can do it from anywhere and access the information you require from...
What to do if you’re years behind on your business accounting
Being a small business owner can be stressful. You have the responsibility of looking after your cash flow to ensure that your business has enough money to pay suppliers and employees, you also carry the responsibility of managing staff, developing your business,...
You’re behind on your SARS payments. Now what?
Keeping your business tax compliant is vitally important if you don’t want to face heavy fines and penalties from SARS. That’s why, if you currently find yourself in a situation where you’re behind on your returns and payments, it’s best to address it as soon as...
Essential Guide to Creditors: Best Practices for Accounting
Introduction to Creditors In simple accounting terms, a creditor refers to a party that has delivered a product or service to your business. In other words, someone you owe money to. When it comes to managing creditors, software like Xero and Dext have a significant...
Effectively Manage your Inventory: Tips for Inventory Management
Introduction to Inventory Management Inventory is the basis of any wholesale business, and the management of it can be an absolute headache if it’s not done correctly. But what is inventory management exactly? What’s the best way to approach it, and which software...
What are Monthly Management Reports and How to Create Them
Strategy is an essential part of running a business. And the best way to build a strategy is on a foundation of business data. This is where management reporting comes in. But what exactly is a management report, what should be included and what are the benefits of...
Payroll Best Practices: What is Payroll Software and How to Approach it
Introduction to Payroll One thing all businesses have in common regardless of industry, location, ownership or size, is payroll. If you own a functioning business and have employees, you'll know the headache of managing manual, and in some cases, digital payroll...
Watch our YouTube video: Xero vs Sage vs Quickbooks
Choosing the right accounting system for your business: Xero vs. Quickbooks and SageIntroduction: Why you need an accounting system for your small business. As your business is growing, your financial transactions and data become more complicated and difficult to...
Watch our YouTube video: What you need to know about VAT
Everything you need to know about VAT For a lot of people, VAT is just something you see printed on a till slip or an invoice, and don’t really pay any attention to. However, for businesses, VAT is something that is important to understand. It can get a bit confusing,...
Watch our YouTube video: What to know about PAYE, UIF and SDL
What to know about PAYE, UIF, and SDL as an employer. Introduction to PAYE, UIF, and SDLAs a new employer, it can get a bit confusing trying to understand what you are and aren’t responsible for in terms of employer contributions. So, we’ve put together all the...
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