Tag Archives: #entrepreneurship

PREPARING FOR THE FINANCIAL YEAR END AS THE BUSINESS

Most businesses have already entered their new financial year end since the first of March. Their year end being February. The fiscal year is 12 months long. I have compiled this blog to make things easier for your next financial year end. With summarised points below. 1. Bank ReconciliationTo really avoid the unnecessary discrepancy ofContinue reading “PREPARING FOR THE FINANCIAL YEAR END AS THE BUSINESS”

Questions to ask before you hire a Bookkeeper or an Accountant.

A bookkeeper and/or an accountant can help you reach the next level in business. This means it’s really important to find someone who is willing and excited to help you grow and grow with you. Finding someone you trust will allow you to focus on business strategies knowing the financial side is handled. 1. WhatContinue reading “Questions to ask before you hire a Bookkeeper or an Accountant.”

How do I know that I need a designated Bookkeeper?

If you’re spending more of your time as a CBO (Chief Bookkeeping Officer) than a CEO, then it’s time for a reality check. 1. Bookkeeping is taking up too much of your time There’s a finite number of hours in the day so you need to be using them wisely in your business. It’s not aContinue reading “How do I know that I need a designated Bookkeeper?”

#TaxMatters |CAPRICORN FM INTERVIEW

1. My employer deducts tax from my salary every month, why am I expected to file the tax return every tax season? – The employers are obligated to collect the tax monies from the employees every month in the form of Pay As You Earn. Individuals are further required to validate the information submitted toContinue reading “#TaxMatters |CAPRICORN FM INTERVIEW”

AVOID SHORT CUTS TO COMPLIANCE

There is no doubt that compliance plays a significant role in every entity. For smooth operation and other advantages that comes with it. Compliance will help your company avoid legal risks. Lawsuits and settlements can easily cost you millions of rands. Fines and other compensatory payments can also add up. Even if you are ableContinue reading “AVOID SHORT CUTS TO COMPLIANCE”