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Welcome to the GreatSoft blog, exploring everything from our culture of innovation, social responsibility initiatives, company news, deep dives into the Accounting World, small business resources, and more.

COIDA Annual threshold increase as from 1 March

On 3 April 2020 the Compensation Fund published Government Gazette No. 43203 that specifies the annual earnings threshold that payrolls must apply to calculate employee earnings for the annual Return of Earnings (W.As 8) report. The earnings threshold is R484 200 pa and is effective from 1 March 2020. INCREASE OF MAXIMUM AMOUNT OF EARNINGS …

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PROFILE OF A SOFTWARE ARCHITECT – IMTIAZ LORGAT

Imtiaz Lorgat is a leading practice management expert and hasย over 25 years of experience involved inย designing, developing and implementing solutions for professional accounting firms. He has a special skill-set that is extremely rare to find, and one that givesย him the ability to build products from a core idea โ€ฆ and to present these in a …

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Tax Risk Insurance – You can’t afford to do without it

โ€œGreatSoft Tax Assist has entered into an agreement with Tax Risk Underwriting Managers (Pty) Ltd, registration number 2014/086896/07 which is a juristic representative of The Hollard Insurance Company Limited, an authorized financial services providerโ€ GTA offers individuals and business ownerโ€™s total peace of mind in a highly regulated environment. It is well documented and we …

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SARS CONDUCTS MORE THAN 1.8 MILLION TAX AUDITS

This article from a recentย Tax Risk Underwriting Managers Newsletter highlights just how many audits SARS does conduct. “ACCORDING to a report published in the Business Day of 30 September 2014, the South African Revenue Service (SARS) conducted more than 1.8million tax audits, of which about 20,000 were “high-risk, complex and high-impact” cases. High-net-worth individuals also …

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GreatSoft PMA Training Presentation October 2014

We have had so many requests for the GreatSoft presentation from the PMA Conference in Johannesburg in October – both from people who were there, and from people who missed it. Here is the ย PMA Training Presentation Oct 2014ย in its entirety. If you have any questions, comments or queries, no matter how small – I …

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computer

SARS Single registration System | GreatSoft

Along with the new system of registering a taxpayer, SARS has indicated that it is tightening up its security over taxpayer identity. One of the areas they highlighted for attention was the registered representative of an entity. They have stated that this should not be the tax practitioner โ€“ but the public officer of the …

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Cloud Computing

IS POPI THE ACCOUNTANTS FRIEND OR FOE?

Within 12 months of the proclamation of the POPI Act we will all need to comply with this act. This is going to require some far reaching changes in the way that we all manage and deal with our clients data. We have been encouraging our clients to prepare early and to start implementation ย now. …

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THE BOTTOM LINE

I am a strong advocate of open lines of communication – this is something that I am passionate about and I always endeavor to establish direct connections with all of our own clients. These open channels help you to maximise the benefits of using GreatSoft CRM software, and improve your use of the existing technology …

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Payroll Lite : The Future of Payroll is Here

revolutionise your payroll processing with GreatSoft Payroll Lite!

Streamline Your Workflow

GreatSoft Payroll Lite allows you to pay tens, hundreds, or even thousands of employees in minutes. It doesn’t just streamline your workflow – it supercharges it. Be the first to sign up for the launch in October 2024

Key Features:

  • Automated tax calculations and filings
  • Direct deposit and pay card options
  • Robust reporting and analytics
  • Super easy and intuitive interface

Think Simpler Think Smarter Think about a new era for financial harmony Think GreatSoft Lite!

Payroll Lite pricing starts at just R300/month. Choose from a variety of plans and add-ons. You won’t pay a cent until you’re ready to run payroll.