Qualities of a modern accounting system

Today’s small and medium business needs an accounting package based on the latest technology, one that allows it to be more productive, efficient and integrated in the way it does business, says Steven Cohen, MD of Sage Pastel. SME owners today are busy, tech-savvy...

How to choose an accounting package

Your accounting system is the backbone of your small, growing business. It helps you keep tabs on expenses and cash flow, automates processes such as invoicing to save your precious time, and ensures that you keep accurate financial records. Choosing the right package...

Revenue to change under new accounting rules

A new accounting standard is expected to result in significant change in the way in which companies record revenue, says PwC. The International Accounting Standards Board (IASB) will issue IFRS 15 Revenue from Contracts withCustomers, on Wednesday this week, which...

Sage Pastel integrates payroll, accounting

Accurate and easily available monthly income statements and balance sheets are critical for the success of any business. Most businesses separate their payroll and accounting departments but for ease of administration it makes good business sense to be able to...

Goodbye Softline, hello Sage…

South African group Softline – makers of the popular Pastel accounting and HR software products – will officially become Sage from 4 February.  The Softline group, which was formed by entrepreneurs Steven Cohen, Ivan Epstien and Alan Osrin, was bought out by UK-based...