Tax and Technology
Santos Business Services strives on being adaptable to industry changes, the use of technology is a core aspect of our business. Santos Business Services is a cloud-based accounting firm. Cloud accounting software is similar to traditional, on-premises, or self-install accounting software, but the accounting software is hosted on remote servers. The use of technology (cloud accounting) can assist businesses with ensuring their tax computations are accurate.
What does cloud-based accounting mean for your business?
- Easy, safe and secure software;
- Easy invoicing and understanding your real-time cash position;
- Run your business anywhere, anytime;
- Seamless collaboration with your team and your accountant on real-time data;
- Interactive reports and budgets available at your fingertips;
- Mobile apps and add-ons;
- Customisable dashboards for a quick overview of your business.
What does cloud-based accounting mean for your tax affairs with the Revenue Service (SARS)?
- Accurate financial data, reducing or eliminating the underreporting of tax liabilities;
- Easy access to reports that might be required by the Revenue Service;
- Detailed reports to be analysed according to the relevant Tax Acts;
- Automatic download of supporting documentation that may be requested by the Revenue Service;
- Data can be accessed on any device and anywhere, this ensures responses to the Revenue Service is done timeously.
Book a call with us or give us a call and let us guide you on how you can use technology and cloud accounting in your business to ensure accuracy and efficiency.
