Accounting

Advantages of trade receivables 1. Trade receivables are not counted in the balance sheet because they are not replaced by their cash equivalent, and this improves the financial statement of the originator. 2. There is no need for the originator to wait for payments to be received from the receivables. […]

Pahani is one of the most important revenue records maintained by the Revenue Department for agricultural lands. Pahani is a revenue record that contains all the details of a land. It contains some valuable data related to the particular piece of land such as: Details of the owner like owner’s […]

What is Loan Eligibility? Generally, unsecured/personal loan is taken by the lender to meet their financial crisis and demands. This kind of loan amount can be used for fulfilling their personal requirements apart from home or vehicle loan. All the borrower are expected to meet certain credit factor and fulfil […]

SARS distributed a media release last week including the statement that “SARS has an obligation to both taxpayers as well as to the fiscus to ensure that fraudulent and invalid claims are stopped.” They have asked South Africans to be patient this tax season and not expect tax refunds to […]

If you want to start your new business or if you wish to expand the existing one, it is advisable that you should apply for a small business loan as quickly as possible. It is vital that small businesses are not eligible for this type of fund and it is […]

Drug use in Canada is prevalent to non-existent depending on what you define as a “drug.” Eleven per cent of the Canadian population “has a problem with drugs or alcohol” according to a CBC survey, but this does not include people who use drugs recreationally without “a problem.” That number, […]

The proper planning and formation of the FLP is critical, but there are certain events that must be avoided or you might risk invalidating the FLP. If the person or persons transferring assets into an FLP is in a terminally ill situation, the IRS can invalidate the FLP as it […]

The more rapidly that your business expands, the greater the need for working capital becomes. If you have insufficient working capital – the money necessary to keep your business functioning – your enterprise is doomed to fail. Many businesses, that are profitable on-paper, are forced to “close their doors” due […]