JOIN OUR MAILING LIST
Blog
 
Short Term Insurance Book for sale - 2019-08-29

A well established and stable short term insurance book is for sale in the Helderberg. Primarily Western Cape clients. Telephone based marketing, service and maintenance. (Location not that important) Stable book with low broker fees. ( Opportunity for new operator ) Book placed with 6 Insurance hubs. 98% personal lines. No large polici... more

Goedkoop boekhouer tot op proefbalans - 2019-08-16

Is jy dalk op soek na 'n goedkoop boekhouer tot op proefbalans. Ek kan as 'n goedkoop boekhouer beskou word. Ek is tans besig om 'n maatskappy van Somerset Wes wie se boeke deurmekaar geraak as gevolg van brouery deur die vorige rekenmeester / boekhouer oor te doen vir amper 10 maande. Dus is daar baie roetine werk wat gedoen moet word.... more

Getting a return on your investment in your website - 2019-06-04

Having qualified as an accountant more than 20 years ago and having spend the last 12 years selling websites I am well qualified to blog about getting a return on your investment in your website . This article is aimed at the very busy small medium business owner in the Helderberg where we offer our web design services. For small medium busin... more

Benefits of Sage Business Cloud Accounting - 2019-06-01

Sage Accounting or Sage Cloud Business Accounting as it is now known has many benefits. (Have to check the latest name for Sage Accounting because it has now recently twice changed its name, probably as they position themselves for the international markets?) One of the benefits of Sage Accounting vs Xero Accounting is the cost because Sage is a... more

Sage Accounting – Processing Debtors Invoices - 2019-05-25

To process debtor’s invoices you need to select customers and then select transactions and finally select customer invoices. See image below: When you invoice a customer you debit your customer. The accounting system which was developed by the Romans is based on a double entry system where for every debit entry there needs to be a cred... more

Sage Accounting : Changing document numbers - 2019-05-24

When starting out with Sage Business Accounting it can happen that you have to capture a few transactions which you captured on your old accounting system. There is an option to convert your data from programs such as Sage Pastell Express but this process can take up to two business days. Screenshot above: The first step is to log into your ... more

Monthly accounting or bookkeeping - 2019-05-21

What does monthly accounting or bookkeeping entail? This blog is inspired by my wife asking me last night what I still have to do for a new accounting client in Somerset West. (My wife will definitely not be joining me in the Helderberg accounting business as with the web design business.) So what does monthly accounting or bookkeeping entail ? ... more

Sage One Accounting for Beginners : Introduction - 2019-03-13

Sage One must be one of the most user friendly programs around for small and even medium businesses to do their accounting with. Even beginners can master this accounting software easily This year we celebrate the 30th birthday of the internet and how has it not changed the way we work and do business!? Sage One Accounting is no different. First... more

Restaurant Food Costing - Profit vs Vanity - 2018-11-20

I am currently doing a food costing exercise for a local restaurant before the season starts. Many restaurants and food suppliers increase their prices over the festive season. The suppliers increasing their prices, coupled with the expected increase of meat prices in December leaves restaurant owners with little or no choice but to increase their ... more

Bemarking van jou akkommodasie op die internet - 2018-10-22

Of jy nou 'n lodge besit of 'n enkele selfsorg vakansiehuis is dit belangrik om te verstaan wat jy kan doen om beter soekresultate op soekenjins soos Google te verkry. Dit is ook belangrik om te verstaan wat die ander maniere is om jou webwerf te bemark en ook belangrik om te verstaan waarom jy steeds jou eie webwerf moet besit in 'n... more

Jou kort gids tot sukses op die Internet met WWW (Webwerwe wat Werk) - 2018-09-22

Jou kort gids tot sukses op die Internet met WWW (Webwerwe wat Werk) 1 Inleiding 2. Wat is Soekenjinoptimisasie? 3. Wat is die belangrikse basiese dinge om reg te doen ? 4. Wat is die algemeenste foute wat gemaak word ? 5 Hoe meet mens resultate ? 6 Hoe kan ‘n webwerf die beste word? 1.Inleiding Hoekom is sommige besig... more

Wat is Soekenjinoptimisasie (SEO)? - 2018-09-17

Een van ons nuwe kliënte het ons Vrydag gevra om SEO of Soekenjinoptimisasie te verduidelik. Ek dek die onderwerp omtrent elke maand wanneer ek my maandelikse nuusbrief doen en ook vir so lank reeds dat ek eintlik nie meer iets nuuts het om oor die onderwerp te skryf nie. Wel ek het nog nie dit in Afrikaans gedoen nie. (Indien ek wel het ontho... more

Helderberg Business Broker - 2018-07-14

Based in the Helderberg I also am a business broker. Being a web designer, actively marketing my web design services I meet a lot of people. Because I meet a lot of businesses while selling web design services and because I am also an accountant I am well qualified to be a business broker. I first started marketing business fro sale in 1997 w... more

PROVISIONAL TAX 2019 - 2018-07-04

PROVISIONAL TAX 2019   Provisional taxpayers are people who earn income other than a salary / remuneration. If you get income such as rental income from a property, interest income from investments or other income from a trade, you will always be a provisional taxpayer, even if you also earn a salary.    If you just earn... more

VOORLOPIGE BELASTING 2019 - 2018-07-04

VOORLOPIGE BELASTING 2019 Voorlopige belasting betalers verdien ander inkomste as ‘n gewone salaris / vergoeding.  Indien u inkomste verdien soos huur inkomste van eiendom, rente op beleggings of ander inkomste van handel, is u ‘n voorlopige belasting betaler, self al verdien u ook ‘n salaris.  Indien u slegs &lsqu... more

Sage Accounting Error - 2018-06-27

One Sage One Accounting error I have now committed two years in a row was processing the right transactions in the wrong period. In the good old days when businesses were still using cheques the monthly bank reconciliation was the number one point of control for accurate accounting records. Youngster accountants and bookkeepers do not know ho... more

Hoekom besigheidsplanne? - 2018-05-22

Inleiding Ek het besluit om te fokus op besigheidsplanne omrede ek voltyds werk as ‘n finansiële bestuurder by ‘n klerefabriek in Somerset Wes. Ek het dus nie die kapasiteit om normale belasting en rekeningkundige dienste aan te bied nie. Boonop alvorens ek dit kan doen moet ek eers weer baie duur registrasie fooie betaal. Dit i... more

Farming in South Africa and Politics - 2018-05-22

FARMING, ECONOMICS ETC... we need to produce a lot more goods including food in South Africa. Our population is growing at an alarming rate. Add to it that people are leaving rural areas in search of opportunities. I have met Uber Drivers from countless African countries. So people are flocking to cities like Cape Town while there is only so much l... more

Small business: Uber driver and tour guide - 2018-05-19

I recently met an Uber driver on the way to work. The Uber driver also registered as a tour guide after doing a two month training course. He asked about taxes and also obtaining a letter from his accountant, confirming his income. I offered to write a blog entry, not mentioning his name to describe his income tax situation and the way forward. ... more

Print and copy shop business plan - 2018-05-01

Introduction The writing of business plans are one of the services I offer and one of the main reasons why I initially created this website. Besides enjoying doing business plans, it makes sense while being in full time employment , to focus on this kind of rewarding part-time work. (Business Plans are generally not cheap because it involves a l... more

Buy low and sell high - 2017-12-08

I wish I owned a Bitcoin. I decided yesterday to sell 8 Bitcoins and to buy Steinhoff Shares with the proceeds. The Bitcoin price opened at 16858.02 US Dollars. The exchange rate is 13.74 Rand for 1 US Dollar. Steinhoff shares were selling at R12.94 by mid afternoon yesterday. I estimated I could by 134,862 Steinhoff shares if I sold 8 Bit... more

Some more complex tax issues - 2017-10-18

Some tax issues are more complex than others. While getting an accounting system going on Sage One for a bookkeeping client in Somerset West yesterday the following “more” complex tax issues came up. Starting a new business or new branch and developing a new accounting system will often present more complex tax issues which have to b... more

Getting instructions on CSV files in Sage One - 2017-10-09

Pic above: Step 1 select banking Step 2 : Select Import Bank Statements (Blue button above) Step 3 : Select Import File Type (There are more than one possible CSV format) . Selecting "plain" CSV requires less information and can be deemed easier for beginners Then select / click on "How do I set up a CSV file... more

Benefits of good financial management and accounting - 2017-10-06

Good financial management and accounting covers a broad spectrum including considering commercial law implications whilst concluding transactions and contracts. In some instances good financial management will imply to obtain qualified legal advice before important contracts are signed. Good financial management therefore implies knowing the limits... more

Solid Basic Business Principles - 2017-10-06

Solid Basic Business Principles Solid Basic Business Principles covers much more than web design. While having an effective website could most definitely save you time and get you more customers there are other crucial business principals which ALL businesses should adhere to. Before we start this article on Solid Basic Business Principles le... more

Business Plans : The Executive Summary - 2017-09-25

The executive summary of a business plan is an important part of your business plan. It should almost immediately answer the most important questions the final decision maker would have. If you wrote a business plan for a landlord you would address the experience you have in running a similar business. If you wrote a business plan to apply for a lo... more

Sage One Training for Start ups - 2017-09-24

Before considering Sage One training for start-ups the most important basics of accounting with any software program needs to be mentioned.: These accounting basics are that the bank accounts or cashbooks should be balanced. Before internet banking most people and businesses used cheques as the most common means of payment. If you are familiar w... more

Employer Reconciliation Declaration (EMP501) - 2017-09-08

AUGUST 2017 EMPLOYER INTERIM RECONCILIATION SUBMISSIONS OPENS ON 15 SEPTEMBER 2017 The Employer Interim Reconciliation submission period will open on 15 September and run to 31 October 2017. Kindly note that this email is intended for Employers. If you have received this email in another capacity, please forward it to the Employer/s you repre... more

Buy-and-Sell Cover - 2017-07-27

Buy and sell life assurance also has income tax implications.  Received this monthly newsletter from Sanlam today, stealing it because its good to have good concise summarries of something as important as buy and sell insurance. Buy and sell life assurance also has tax implications that need to be carefully considered Buy and sell life... more

Business Plan Writing in South Africa during 2017 and beyond - 2017-07-27

Small SA Businesses Surviving 2017 and beyond 2017 is the year South Africa was downgraded to junk status. Last week saw Eskom being reported to have paid out bonuses in excess of 4,2 billion rand and that the average salary of an Eskom Employee was more than R355,000. That is 47,000 people working for Eskom, not being worried about small busine... more

Provisional Tax/ Voorlopige belasting 2018 - 2017-07-10

PROVISIONAL TAX 2018 The first provisional tax return and payment is due on the 31st of August 2017.  This provisional payment covers the first 6 months of this financial year: 1 March 2017 to 31 August 2017. We require the following information to calculate your first provisional payment for the 2018 tax year: Investment income (1 Ma... more

Affordable accountant ? - 2017-03-28

Looking for an affordable accountant, dentist or plumber? I often see people on Face book looking for recommendations for affordable service providers like accountants or web designers whilst also asking for the best accountant / web designer at the same time. This puzzles me as usually the best and cheapest or most affordable do not go hand in han... more

The old accountants blog - 2017-03-16

What would an accountant blog about? Or what would an old accountant blog about? I will admit that i changed the title of this blog to include the world old only after having been clicking away some memories on my PC and started to feel a little old. I have been back in the accounting industry for close on a year now after having spend the past ... more


Back Back to top