by Erasmus Pretorius | Oct 26, 2023 | Accounting Insights
Markup is the difference between a product’s selling price and its cost. It is typically expressed as a percentage of the cost, known as markup percentage. To calculate markup percentage, divide the difference between the selling price and cost by the cost. This will...
by Erasmus Pretorius | Aug 20, 2023 | Accounting Insights
What is Xero Accounting? Xero Accounting Software is your comprehensive cloud-based solution for effortless financial management. It simplifies complex accounting tasks with real-time insights, empowering businesses of all sizes to stay in control of their finances....
by Erasmus Pretorius | Jul 4, 2023 | Accounting Insights
The benefits to outsource accountingIndications That Your Company is ready to outsource accountingGrowing Complexity in Accounting ProcessesLimited Internal ExpertiseResource and Cost ConstraintsFocus on Core CompetenciesNeed for advanced technology and toolsIs...
by Erasmus Pretorius | Feb 8, 2023 | Financial Strategy and Planning
Small and medium enterprises (SMEs) face unique financial challenges that require specialized attention. However, SMEs often lack the resources to hire a full-time chief financial officer (CFO) who can help manage financial operations, provide valuable insights, and...
by Erasmus Pretorius | Nov 12, 2022 | Accounting Insights
When it comes to supplier invoices and receipt management, many people will tell you that it’s one of the most loathed aspects of their business and keeping these are a huge headache. Needing to keep receipts in one place for eventual submission to accountants can...
