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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...

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...

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...

Why you need an assessment to get an accurate accounting quote Introduction One of the best ways to ensure the financial viability of your business is to hire an accountant who can manage and monitor your cash flow, creditors, debtors, taxes and more. However,...

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...

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,...

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...

What to expect from your future accountant Introduction: Why is accounting important for small businesses?Accounting is important for small businesses as it can help owners and other parties evaluate the performance of the business. Accounting is able to display all...