XERO – DEBTORS MANAGEMENT
Is your business struggling to keep its debtor’s book in check? We have the solution for you! Xero’s debtor’s unit gives the business owner ease of mind and helps to keep the debtor’s book under control. We all know that debtor control is the heartbeat of the...
Tips for Submission of Employers EMP501 recon (2023-08)
Tips for submission of employers EMP501 recon (2023-08) Filing season opened 18 Sept 2023 - don’t wait till the last day. Verify your PAYE, UIF, SDL numbers and company information. Ensure employee's information is correct, including names, ID or passport numbers...
What is Business Rescue and the Purpose of it All
What is business rescue and the purpose of it all? Business rescue is a procedure to facilitate the rehabilitation of a financially distressed company. A business rescue practitioner is appointed to manage the affairs of the company and a rescue plan is developed to...
FEATURED CLIENT OF THE MONTH – SEPTEMBER 2023
At Equinox, People Matter. Integrity Matters. Excellence Matters. Guiding organisations to select and develop talent is core to what we do. Our work is deeply rooted in science and we are experts at applying Psychometric Assessment to support sound talent management...
Moving Funds Out of The Country
There seems to be an increasing trend by High Net Worth South Africans to move their funds out of South Africa and invest abroad.
The Importance of Supplier Reconciliations
Maintaining accurate supplier reconciliations reduces the risk of errors in the accounting system. This means that there will be less risk of paying overdue payments or incorrect amounts.
IMPORTANT info regarding the Beneficial Ownership for Close Corporations, Companies, and Trusts in South Africa.
As of 1 April 2023, all Trusts are required to disclose their beneficial owners to the Master of the High Court (Master), and as of 24 May 2023, all Companies and Close Corporations must file the share register as well as the register of beneficial ownership, if applicable, via the online platforms of Companies and Intellectual Property Commission (CIPC).
The Purpose of Payroll in a Financial World
There is often a misconception that payroll is automated by a system without any human assistance and that we merely just push a button to process salaries. Payroll administration affects the morale of the employees, right down to the reputation of the business....
The 2023 Tax Filing Season is Upon Us.
The 2023 tax filing season is upon us. The South African Revenue Service (hereafter referred to as “SARS”) has quietly announced the start of tax season 2023, which will kick off on Friday, 7 July 2023. The 2023 tax season for individuals relate to your personal tax...
Gone Are The Days Of Physical Files!
GONE ARE THE DAYS OF PHYSICAL FILES As technology advances over the years, corporate fields are steadily evolving too. At Northbound Financial, we have implemented the use of HUBDOC, you might ask what HUBDOC is. This is the future, where saving receipts and many...