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For many small business owners and legal professionals, looking at a set of financial statements can feel like reading a foreign language. It is incredibly easy to get swept up in the daily hustle of serving clients and chasing growth, leaving the financial “back-end” for the weekend. However, in my thirty years of helping South […]
The Three Pillars of Financial Health: Building a Resilient Business Read More »
For many entrepreneurs, seeing the acronym VAT on a financial statement feels less like a metric and more like a headache. However, in my thirty years of helping South African businesses navigate their finances, I have found that once you understand the rhythm of this system, it becomes a powerful tool for managing your cash
The VAT Balancing Act: A Professional Guide to Input and Output Tax Read More »
There are a number of time tracking tools are actually good. Few are worth your attention. Time tracking is important as we all want to get paid for the time spent.
Time tracking apps Read More »
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The Myth of “Once-a-Year” Bookkeeping — and Why It Hurts Your Business Read More »
Having recently experienced workplace bullying and left feeling very hurt, lonely and targeted. I can understand the loss of confidence and self-doubt that you start to experience. I did not recognise the signs of bullying until co-workers told me “you are being bullied”. Workplace bullying is a serious issue that can have profound effects on
Bullying in the workplace Read More »
Social influencers are a new generation of entrepreneurs, typically operating as sole proprietors or independent contractors. They are technologically skilled individuals who have identified market niches and built businesses around their social media following. While this segment has unique characteristics, it is subject to the same tax obligations as any other. Income earned must be
Influencers and SARS Read More »
Section 12E of the Income Tax Act for small businesses was created specially to encourage new business ventures and to generate employment. Section 12E is an opportunity for small businesses to benefit from reduced rates of tax. Section 12E of the Income Tax Act for small businesses requires that a small business is either a
Section 12E for small businesses Read More »
The primary function of a legal bookkeeper is to carry out the invoicing, bookkeeping and accounting functions of an attorney’s firm. The position needs an experienced and accomplished person with a strong bookkeeping and computer background. The position requires skills and experience in bookkeeping, accounting, law firm billing and legal software. You will need at
Legal bookkeeper job description Read More »
Legal Bookkeeper in Pretoria. Legal Bookkeeping requires you to know the difference between the Business transactions and the Trust transactions. Moreover maintain accurate records to ensure your attorney is compliant with the rules and regulations set our in the Act of 2014 and governed by the Legal Practice Council. Trust account Your clients rely on
What is required from a legal bookkeeper? Read More »
A legal bookkeeper and a bookkeeper generally perform the same duties. The main difference is the accurate record keeping of the Attorney Trust account. Clients pay money into their attorneys Trust account and the legal bookkeeper needs to keep accurate records of all these transactions. Recording every financial transaction that occurs within your business Create
What does a legal bookkeeper do? Read More »