Your 2022 VAT Resolution
If you’re not using a VAT-specific system that is integrated with your ERP, our guess is somewhere between “some” and “a lot”.Continue reading
Opportunity Cost is as important as Actual Costs
Every opportunity you miss to create income or save money, is as important as making money for your organisation. What are you doing to make or save money for your organisation? Let’s look at a practical example. If you pay your VAT too early you lose the opportunity of earning interest on that money, right? So, let’s say you can...Continue reading
Are You Leaving Money on the Table?
VAT and tax comContinue reading
Cash is King
I like to refer to this saying, “Turnover is vanity, profit is sanity and cashflow is reality.”Continue reading
Make SARS Audits Easy
Everyone knows the adage, “all is fair in love and war.” We’d like to suggest a revision to, “All is fair in love, war, and your VAT audit” – at least, that’s what we’ve experienced as far as SARS is concerned”.Continue reading
Simplify your multinational enterprise’s VAT reconciliation
Before the power of computers, VAT accounting was done by mere mortals. Human error was a regular occurrence, and mistakes could be traced directly back to the person who was responsible for reconciling the VAT on your books.Continue reading