Accounting is a system of recording and summarizing business and financial transactions. Ancient civilizations including the Mesopotamian, Babylonian, and Egyptian Empires, as well as the Greek city states, were all engaged in trade and organized systems of government, in which they utilized various methods of record keeping and accounting. By the time of the Emperor […]
On the 1st of January 2019, the modernization of the PAYE system will take effect. A real-time reporting (RTR) payroll system will be put in place, enabling the Revenue agency to ensure that employees have received their correct tax credits and cut-off points, as well as deductions applied throughout the year. The employer tax credit […]
According to local pub gossip, accountants are the termites of business society. Most of them are parasites who don’t create anything, and a lot of what they do can be done by the customers themselves. However, the people who provided me with this information (over a few pints) never owned a business themselves. These “experts” […]
You may have heard the question “what accountants can do for contractors?” The answer is “more than you think!” We provide strategic advice and generate new ways to save money and boost revenue. We also remove unnecessary, automated tasks that distract you from your core business. With Accounting Pro, you’ll complete your goals with clarity […]
This is the Accounting Pro Explainer Video – this shows how we solve contractors accounting, tax and payroll challenges in a seamless, hassle free and efficient manner.
Traditionally, Accounting has been defined as a process that collects, collates, analyses, interprets and communicates financial data in a prescribed format easily understood by the intended customer. However, Accounting is not an isolated mechanical process; it interacts with the overall financial environment and is interwoven into the business cycle. Today’s Accounting processes provide vital information […]