VAT tips for the self-employed business owner

Accounting for Start-ups can be difficult if they do not take care of certain things. Below are the Tips for The Self-Employed Business Owners.

Deadlines

You need to keep an eye on the deadlines. It may seem easy to remember all the dates. However, it is better to write them down and set reminders. Different dates for VAT, SA and YE may ...

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January 27, 2021

How to Reduce the Accounting Costs for Small Businesses?

While keeping the books might not be a task one fancies doing oneself; if the cost attached to it starts seeming significant it would be no surprise to want to amend things a little or seek alternate options. A reduction in operating costs after all, would immediately help in bringing down expenses. In-house accounting would obviously be the more expensive version with havi...

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January 25, 2021

Why continuous accounting should be the norm in 2021?

The importance of on-demand access to core financial data has been highlighted by COVID-19. For most of the business leaders, cash flow quickly climbed to the top of the list of priorities as they suddenly needed to develop an accurate forecast for the immediate future by knowing how much cash they had on hand. To emerge from the situation stronger and to modernize the

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January 22, 2021

Achieving Accounting Modernization — Without Disruption

Accounting business is the one who often rely upon outdated processes and paper from decades because of which this industry is not known for being technologically savvy. However, due to the pandemic situation, the industry has shifted their gears and many accounting businesses are planning to shift online in a remote work setting.

The challenges which come on thei...

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January 15, 2021

The Ultimate Guide to Going Paperless in Accounting

If anything, the COVID-19 pandemic has brought to light the importance of contact. People now want to reduce their contact with objects and thus, going paperless is just a part of it. Along the same lines, it is also important to note that a completely paperless office might not be practically possible. Some printouts are a necessity. However, reduction in paper consumption...

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January 13, 2021