Category Archives: bookkeeping

Assured Bookkeeping named 2012 Small Business Of The Year, Runner-Up


2012 has ended on a high for Assured Bookkeeping, with us being awarded 2012 Small Business Of The Year, Runner-Up at the Nedbank / Pietermaritzburg Chamber of Business Awards. It is fantastic to have received external recognition for what we do but we will not … Continue reading

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Payroll software


Are you using a specialist payroll system such as Pastel Payroll or VIP to manage your payroll? If you are not, and are relying either on Excel or a pen, paper and calculator, then you should think of changing! Here are three excellent … Continue reading

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WHAT IS THE CIPC?


If you are a business owner, you need to be aware of The Companies and Intellectual Property Commission (CIPC) which replaced CIPRO as a result of the New Companies Act. Within CIPC’s remit are Profit Companies (Pty Ltds, Public Companies, … Continue reading

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10 WAYS TO IMPROVE YOUR CREDIT CONTROL


  Credit control is a set of measures and procedures adopted by a business to ensure that its customers pay their invoices. Here are a few tips for you to consider in order to optimise your business’s credit control.   … Continue reading

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10 COMMON BOOKKEEPING MISTAKES MADE BY SMALL BUSINESSES – PART 2


Following on from my previous article, here are 5 more common bookkeeping mistakes that small businesses typically make: 1.     NOT UNDERSTANDING THE DIFFERENCE BETWEEN CASH FLOW AND PROFIT Cash flow and profit are different. Cash flow is the rate at which money … Continue reading

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10 COMMON BOOKKEEPING MISTAKES MADE BY SMALL BUSINESSES – PART 1


In this article and my next one, I will explore 10 common bookkeeping mistakes that small businesses typically make. Here are 5 of them: 1.     NOT SEPARATING YOUR BUSINESS & PERSONAL FINANCES Business owners often pay for expenses out of their … Continue reading

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6 TIPS TO HELP CONTROL YOUR PETTY CASH


Petty Cash is a small amount of cash that a business has on hand to use for transactions where the amount involved makes payment by anything other than cash a pain! Petty Cash has two uses:  To provide change for … Continue reading

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