"The history of accounting or accountancy is thousands of years old and can be traced to ancient civilizations." Reading through this brief history of accountancy it is very clear that things have changed drastically over the ages in our profession. Imagine keeping book on clay scripts like in the the 4th millennium BC and the […]
From an accounting point of view I have spent countless hours auditing and analysing the transactional flow and structures and I can attest that it is very sound. Looking at the raw Pastel data is stunning. Accessing it however use to be problematic. I had to wait for the finance team to send me exports […]
The Coronavirus may have had an impact on your everyday life, but the MyBI Team is committed to providing support to all our clients throughout this uncertain time. Coronavirus statistics:• Transmission through Dropbox sessions = Zero confirmed cases• Transmission through TeamView sessions = Zero confirmed cases• Transmission through Anydesk sessions = Zero confirmed cases• Transmission […]
I have been focusing on understanding how to grow SME businesses over the last decade. I have found that growing a business is like growing a plant. For a plant to grow you need to give it water. The growth is the output and the water the input. In business, revenue is output, and expenses […]
Firstly just know that Pastel allows you the opportunity to process in both your new financial year as well as finish off the previous year for 1 month. This is referred to the 13th period in Pastel. The 13th period is basically the 1st period of the next financial year. This option is available in […]
Tip 4: Monitor your daily sales rate:A report a day keeps your business in play. Running a business is a daily activity. But managing without updated reports is like driving a vehicle blindly. You have no idea when you're going to run out of fuel or when you're driving to fast or to slow. My […]
One of the most time consuming things of a reconciliation is gaining access to transactional data and shaping it to link up to other sources. A VAT recon for instance can be almost impossible to do in a data set with thousands of rows if you do not make use of data tools such as […]
These are some new features in the latest MyCustomers App. The MyCustomers application allows you to create a quote on the go and you will be able to provide it to your client before the meeting is over, while your finance team back at the office will pull it into Pastel Partner / Pastel Xpress […]
The day to day tasks of management usually involves meeting after meeting and does not allow much time to review the health of the business on a daily basis. A easy to read dashboard helps bridge this gap. Do you make use of a dashboard or a summarised report to help manage your business? A […]
We are exited to announce that the MyBI App family has grown with the addition of stock control. Optimise your stock counts and interstore transfers. Make your Pastel Partner and Pastel Xpress data come alive with MyBI Apps. Proudly designed and developed in South Africa!
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.
