by Wayne Merry | Feb 23, 2020 | Business, Business Organization
Are you often losing documents? Is the report for that key client gone missing? What about that spreadsheet that management wants right now that you were working on last week? I know how you feel. Once you have more than a few documents, it can get really crazy. It...
by Wayne Merry | Feb 5, 2020 | Customer payments, Tax Reporting
What are tax invoices? They are invoices but in addition, they comply with GST or VAT requirements. So, essentially they are invoices with extra information. An invoice is a record of purchase you give to your customers in order to charge them for goods or services...
by Wayne Merry | Jan 24, 2020 | Business, Supplier payments
Fraudsters and criminals are always looking for soft targets. Hundreds of years ago, defenseless people were held up on highways and told to hand over their money. Fast forward to today, we have new ways of having money stolen from us. One way is for the fraudster is...
by Wayne Merry | Jan 21, 2020 | Business
What is accrual accounting? Accrual accounting is a recording and reporting system that is based on when relevant events (business activity) occur. Relevant events are those that have economic impact or effect. You always record economic events at the time they...
by Wayne Merry | Nov 21, 2019 | Supplier payments
Life is often very busy in small business. As a result, you may feel you have no time for anything but the bear essentials. Purchase orders might seem one of these luxuries. On the contrary, they can save you both time and money in managing costs in your business....