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Wednesday, 9 May 2012

deductions or rip off?
you decide.
The deductions for UIF, PAYE/SITE, medical aid, trade unions, pension fund, and any other insurance addition, are made incase stuff happen so I think there should be a once off amount that should be paid and the client (employee) will decide on the method of payment not this constant fear of "when I get a raise so will my SITE/PAYE!!"




the Salaries Journal and how it is recorded in the Ledger is this method comprehensive enough or is there son adjustments which need to be done in order for people to understand why and how their money is unwillingly taken away from them

The big five of SA these guys control the economy and everything in it, so the big questions is do they have an impact in how you live. Think about it, I mean when one recieves a salary does it change him or break him.

Monday, 7 May 2012

accounting is about links, everything links to everything, the books of first entry to the the ledger, the ledger to the bank reconcilation, books of pre-adjustments to the income statements.
in accounting everything is linked therefore one should be very careful of the way he/she chooses to record transactions, and he/she better be damn sure of the recording systems.
Accounting notes and discussion available on facebook com.