Monthly Archives: May 2011

Creating Sales Invoice

May 25th, 2011 (No Comments)

Entering Sales Invoice The following instructions are for entry of SALES invoices for a NEW customer. Once the customer is added, entry of the following documents for the same customer is quick, since the details have been stored in the system. When you log into Saasu you will be at your home Dashboard page. At [...]

Accounting or Bookkeeping?

May 20th, 2011 (No Comments)

Do you need accounting services or bookkeeping services? Many small businesses seem to be uncertain about the distinction. In it’s basic form, bookkeeping keeps track of the day to day transactions of the business. Accounting uses the figures produced by the bookkeeper to consult on the best business structure, loans and larger purchases for the [...]

Why chasing tax deductions is false economy

May 10th, 2011 (No Comments)

“Buy something before the end of the financial year to claim it as a tax deduction.” It is a common perception, but totally wrong. Contrary to a common view, a business expense of $1,000 does not reduce the tax payable by the same amount. Instead it depends on your tax rate. Take a company with [...]