The burning question that gets asked frequently is this: “What do accountants actually do”? The answer can be as simple and as complex as the accountant wants it to be. I do not like answers to … Read the rest
In business, your employees are your greatest asset but your greatest enemy too. If they are the right person for the job, they are a productive part of your team. They are then driving the company forward. On the other … Read the rest
What is the payroll function?
Payroll is a critical part of a business in that it pertains to all the salaries and the payments that are involved with them and there is often confusion between payroll and HR (Human Resources). … Read the rest
Any industry has its own standards and regulations. This is especially true of the financial sector. The accounting side of this is no different. It is a strictly controlled section of the industry.
It is unfortunate that … Read the rest
Payroll in South Africa is not as simple as it seems. Getting payroll penalties is common and they are easily picked up and go unnoticed.
There’s a long list of requirements and submissions for payroll that your … Read the rest
The taxman has historically had a bad name. In fact, tax collectors were considered the scum and the “lowest of the low”.
Based on that premise, in South Africa, the South African revenue service (SARS), had inherited that name. You … Read the rest
This may seem like a funny start to an article about business reports but the gym I go to is on the first floor of the building (second if you park in the basement). In any building … Read the rest
Payroll is critical part of a business. It involves the process of paying salaries and the payments that involved with them. IF not done – no one gets paid and the deductions are not paid to SARS.
BC Accounting services takes no responsibility for the accuracy of any information on this website.
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