The devil is in the detail…..or for auditors, in the transactions. Getting access to transaction is vital for any auditor. However from experience it use to be very difficult to get a full GL transaction export for a large Pastel Partner database. The View > General ledger > Transactions > Detailed ledger feature, exports data […]
Optmisation through improved data handling • Reporting to stakeholders • Generating quality reports to stakeholder on time is vital. But it should not drain your business of resources. Optmising the method in which you generate reports can improve efficiency and accuracy. In this demo I give a quick overview of the 3rd party reporting feature […]
"Instead of focusing on the competition, focus on the customer." Scott Cook I love this quote, but it was hard to implement it in my companies. For years I have been working in Pastel Partner and Pastel Xpress (today also referred to as Sage 50Cloud). Nobody can argue that it is tried and tested and […]
I absolutely love accounting and auditing. If you think of it, reporting is the link between accounting and auditing. Accountants compile reports for auditors. But without accounting, there can be no reporting and obviously nothing to audit. Before we automated our reporting I use to have almost no time to do either accounting or auditing. […]
Working from home is safe and responsible. I however find it more difficult to get through the volume of work without having immediate access to my team. As a result we have had to rethink many of our standard operating procedures. Optimisation and automation of our financial procedures is helping us keep track of our […]
Understanding the fundamentals of product pricing is more important than trying to understand and anticipate the economy. I am again working through Adam Smith's books, The Wealth of Nations, which was written in 1776. What is happening in the economy currently is based on fundamentals that have been around for millenniums. Covid_19 may be new, […]
Data is an asset! I experience data as an asset first hand when I look at my business' data with intention. As entrepreneurs and business owners, making decisions is a daily activity regardless of the situation. In my two SME businesses, Cactic Fitness and MyBI, I have found that during this period of LockDown I […]
“The secret of change is to focus all of your energy, not on fighting the old, but building on the new.“ Socrates LockDown is extremely weird to say the least. However considering Socrates' quote, which stems from 400BC, change has always been with us. In my first post on this subject I touched on my […]
One of the best quotes that keeps me motivated is: "You don't have to be great to start, but you have to start to be great!" Zig Ziglar. I have many friends and connections that are auditors and similar to all industries, lockdownsa , has made it extremely difficult to operate. I have been a […]
Technology is proving to be a wonderful tool during a time like #lockdown21 . This time forces us to re-think how we do things. Calling a customer or popping into their office is suddenly not possible. I love how we can redefine our definition of normal. Don't get me wrong, I also find this time […]
MyBI App is a comprehensive Business Intelligence and Auditing app that integrates directly with Pastel Partner & Pastel Xpress. The MyBI VAT Reconciliation Tool simplifies the VAT reconciliation process.
