Episode 2: Filing Your Personal Income Tax Returns Accounting for Income Beyond Employment
Episode 2: Filing Your Personal Income Tax Returns Accounting for Income Beyond Employment In our previous write-up, we focused on filing personal income tax (PIT) returns based on income from employment. However, personal income tax obligations extend beyond salaries and wages—any additional income from other sources must also be declared. Your Responsibility to…
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Filing Your Personal Income Tax Returns: A Civic Duty with Benefits
Filing Your Personal Income Tax Returns: A Civic Duty with Benefits As we approach the deadline for tax filings, employees are reminded of their statutory obligation to file personal income tax returns in accordance with Section 124 of the Income Tax Act 2015 ACT 896. All employees must file their return of income for the…
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End Users Matter: Why Investing in ERP Without Skilled Users is a Costly Mistake.
End Users Matter: Why Investing in ERP Without Skilled Users is a Costly Mistake Introduction Companies invest heavily in ERP solutions to streamline operations, improve efficiency, and drive business growth. However, many overlook a crucial factor which is the competency of end users. A sophisticated ERP system in the hands of untrained users is like…
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Understanding Analytical and Nominal Accounting
Understanding Analytical and Nominal Accounting Most solutions in the Small and Medium Business (SMB) space are tailored towards nominal accounting. Their focus is position and performance reporting. For instance, SAP Business One, in addition to these attributes, also provides analytical reporting functionalities, hence the choice for most businesses transitioning from basic financial reporting. Analytical accounting and…
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Why SMEs Should Transition to SAP Business One Cloud Today
Why SMEs Should Transition to SAP Business One Cloud Today Adopting trends that improve productivity, scalability, and flexibility is essential to remaining competitive in 2025 as the business landscape evolves. According to a report by the Chartered Institute of Management Accountants (CIMA), one such trend is the move to cloud ERP solutions, especially for small…
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Simplify Fiscal Year-End Processing with Sage X3
Simplify Fiscal Year-End Processing with Sage X3 As businesses gear up for the fiscal year-end, many face challenges like reconciling accounts, preparing financial reports, and ensuring audit readiness. These tasks can become overwhelming, especially for organizations relying on outdated or inefficient systems. Year-End Challenges Many Companies Face 1.Data Discrepancies: Reconciliation errors stemming from misaligned…
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Unlock Your Potential with SAP Business One
SECURE A SPOT sales@multisoftgh.com www.mutisoftgh.com +233 (0) 302 235 149
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Mastering Fiscal Year-end Processing with SAP Business One
Mastering Fiscal Year-End Processing with SAP Business One. As the fiscal year draws to a close, businesses face the daunting task of reconciling accounts, generating financial reports, and preparing for external audits. While this process is crucial for compliance and strategic planning, it often exposes inefficiencies and challenges in some finance existing systems. Year-End…
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Run Your Growing Business Smarter, Faster and Simpler with SAP Business One Powered By HANA
This is preheader text. Some clients will show this text as a preview. Run your growing business smarter, faster and simpler Summary With the SAP Business One version for SAP HANA, you can instantly analyze growing volumes of data and gain the benefits of fast application performance without complicating your IT landscape. And…
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Data Analytics’ Effect on Employee Performance
This is preheader text. Some clients will show this text as a preview. Data Analytics’ Effect on Employee Performance There are numerous ways in which data analytics greatly improve employee effectiveness. Organisations may obtain important insights into employee productivity, behaviour, and skill sets by utilising a variety of analytical tools and approaches. This…
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