What makes us different? Had a late night brainwave? Something can’t will till the morning? We offer an out of hours service – just drop is message on our website https://skytraxaccounting.co.za/contact/ or email us at info@skytraxaccounting.co.za and we will get back to you. LIFE isn’t about 9 to 5, so
Benefits of Outsourcing Payroll
By outsourcing the task of managing payroll for the business, the business will benefit from reducing the direct and indirect administration costs. There is no specialised software licensing fees and business has access to expert knowledge and advice. Click here to learn more https://skytraxaccounting.co.za/outsorcing-of-payroll-and-hr-services/.Please contact Skytrax Accounting and Payroll Services
Cash or Accrual Accounting: How to Decide and What Happens if You Change Your Mind?
The accounting method you choose to use can determine how you show a profit in a given year. This directly affects your business income taxes, and it may also impact whether you are able to obtain a loan or raise investments. Unlike other accounting choices, you can’t choose what’s best
Accountant vs Bookkeeper: What Do You Need for Your Business??
Though many small businesses use the terms “accountant” and “bookkeeper” interchangeably, these professionals actually provide very different yet complementary services. Bookkeeping refers to the process of recording, storing and retrieving financial transactions, while accounting refers to the systematic process of classifying, analyzing, summarizing, interpreting and reporting financial data. Working in
Why You Need to Track Profit Margins
You don’t need an MBA to know there are two basic ways to increase your profits: increase revenues or reduce costs. The smartest businesses implement marketing strategies and cost-cutting measures that do both, but far too many obsess so much over increased sales that they forget about the importance of
COVID-19 – Best Practice Tips for 2020
As the widespread practice of social distancing continues, many businesses have updated their policies for these unprecedented times. When the only certainty seems to be the unpredictability of this current situation, it can feel like there is a lot out of our control. As business leaders, we have some tried
Virtual Accounting & Payroll: We walk you through the process
One thing we’re never short on is advice for business owners. Process and procedure is the key to Payroll and Accounting. Skytrax Accounting and Payroll Services employees are trained on the optimal best practices and procedures for every aspect of Payroll and Accounting. Extensive and ongoing training ensure our best
COVID19:KPI’s You Should be Tracking
Your business’s Key Performance Indicators (KPIs) are your tools for measuring and tracking progress in essential areas of company performance. Your KPIs provide you with a general picture of the overall health of your business. Acquiring insights afforded by your KPIs allows you to be proactive in making necessary changes
Virtual Accounting and Payroll Services
During these uncertain times there’s a lot of uneasiness in terms of “how do I get my Monthly Payroll and Accounting done?”. We are living in an unprecedented times and with operational regulations constantly changing, we want to assure our community that we are here to support you and
COVID19: Business Practice Tips
As we continue to practice social distancing, many businesses have updated their policies for these unprecedented times. When the only certainty seems to be the unpredictability of this current situation, it can feel like there is a lot out of our control as business owners. There are many things we