Tag Archives: #taxation

Accounting is essential for any business, regardless of size or industry. It provides companies with the financial information they need to make informed #1: Should Business Owners Have Separate Bank Accounts for Business and Personal Transactions? It’s always best practice to have separate accounts for business and personal transactions, as it helps with tax simplification.Continue reading “Accounting Questions For SMMEs Financial Success”

What is a petty cash?Petty cash is a small fund of actual money kept on hand to pay for minor, day-to-day expenses that are not cost-effective to process through formal channels by using a company card.Common uses include purchasing office supplies, postage, refreshments for meetings, and making small employee reimbursements for things like travel orContinue reading “The use of a petty cash in business and the reconciliation thereof”

The accounting side of your business can be a little intimidating and maybe a little scary if you’re unfamiliar with all of the terminology. While it isn’t necessary to go back and earn a degree in accounting, it can be helpful to understand some basic terminology to better understand your businesses’ profitability. Whether you’re aContinue reading “How to read Profit and Loss Statement”

1. Only big businesses earning lots of money need a bookkeeper Often the businesses who think they can’t afford a bookkeeper yet are exactly the ones who really need one. In the early stages of running your business you may find yourself feeling completely overwhelmed at the breadth of tasks that need to be performed.Continue reading “Myth / Misconceptions about Bookkeepers”

In celebration of women ‘s month I decided to compile this blog in hope of encouraging other women to start building their dreams. Often i hear them talk about their dreams of creating a business but are unsure of where to start. It seems that overwhelm prevents them from even starting! In this article, I’mContinue reading “Online Business Ideas for Women”

It is personal tax season in South Africa and I thought that  it could be the right time to pen down this blog to assist some provisional tax payers in order to plan better for their next tax season. Though the topic is beneficial for every person who would like to take their personal financeContinue reading “Personal Finance to live by – Self help 💰”

1) Tidy Up Your Workspace During the month it can be easy to let your workspace (and other areas of your house) get into disarray. Having a tidy workspace can help to cultivate a tidy and focused mind so on the first day of every month take a few hours to clear out the literal (and metaphorical)Continue reading “10 Things All Small Business Owners Should Do Every Month”