by EICWadmin | May 8, 2023 | blog
Introduction to Creditors In simple accounting terms, a creditor refers to a party that has delivered a product or service to your business. In other words, someone you owe money to. When it comes to managing creditors, software like Xero and Dext have a significant...
by EICWadmin | Mar 8, 2023 | blog
Strategy is an essential part of running a business. And the best way to build a strategy is on a foundation of business data. This is where management reporting comes in. But what exactly is a management report, what should be included and what are the benefits of...
by EICWadmin | Feb 8, 2023 | blog
Introduction to Inventory Management Inventory is the basis of any wholesale business, and the management of it can be an absolute headache if it’s not done correctly. But what is inventory management exactly? What’s the best way to approach it, and which software...
by EICWadmin | Feb 8, 2023 | blog
Introduction to Payroll One thing all businesses have in common regardless of industry, location, ownership or size, is payroll. If you own a functioning business and have employees, you’ll know the headache of managing manual, and in some cases, digital payroll...
by EICWadmin | Jan 25, 2023 | news
10 years ago, I started a business. Or so I thought. What I did was I went to the shop and spent R4 000 on a printer and printed a few letterheads and business cards. And I declared myself self-employed. I was armed with a fancy qualification, an economy in a...
