T&L Consultancy

T&L Consultancy Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from T&L Consultancy, Financial service, Cape Town.

T&L Consultancy offers a range of services such as:
Bookkeeping, Vat Management, Management Accounting, Financial Management, Risk Management & Training and Mentoring

plus Tutoring Services in Management Accounting, Basic Accounting, Business Studies

02/05/2026

đź’Ľ Common Errors in Cashbook Management
Accurate cashbook management is the backbone of sound financial control.
Here are some of the most common errors to watch out for:
• Delayed recording of transactions, leading to missing entries
• Mixing personal and business transactions
• Posting errors (wrong amounts or incorrect accounts)
• Failure to reconcile cashbook with bank statements regularly
• Ignoring bank charges and interest entries
• Duplicate or omitted transactions
• Poor narration making transactions hard to trace
• Lack of supporting documents such as receipts and invoices
• Arithmetic or balancing errors in manual records

A well-maintained cashbook is not just about compliance—it’s about control, clarity, and confidence in decision-making.
đź“Š Discipline in daily recording and monthly reconciliation goes a long way in preventing financial surprises.

02/05/2026

đź’° What is a Cashbook?
A cashbook is a simple but powerful tool used to record all money coming in and going out of a business or personal finances.
✔️ Tracks cash received (income)
✔️ Tracks cash paid (expenses)
✔️ Helps you always know your cash balance
Keeping a proper cashbook is essential for good financial management, whether you’re running a business or managing your personal money.
đź“Š Stay in control. Stay organized.

12/01/2026

Accounting is the art of recording, classifying, and summarizing financial transactions and events in monetary terms, and interpreting the results to support better decision-making.

đź’ˇ In simple terms:
Accounting turns numbers into meaningful financial information.

08/01/2026

Receipts record money coming into a business from customers, deposits, or owner capital.
Always record receipts on the debit side of the cash book.
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08/01/2026

A cash book helps you know exactly where your money is going and coming from.

07/01/2026

Understanding accounting isn’t about being an accountant , it’s about knowing the rules behind your numbers.
These core accounting principles help you:
âś” Measure true profit
âś” Keep records clear and consistent
âś” Make confident business decisions
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07/01/2026

It’s better to be cautious than to be caught off guard.

07/01/2026

Consistency in accounting brings clarity in decision-making.

07/01/2026

If income and expenses don’t match, your profit won’t either.
Profit only makes sense when expenses are matched to the income they help generate in the same period.
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07/01/2026

Your bank balance doesn’t tell the full story.
Accrual accounting records income and expenses when they happen, not when cash moves , giving you a true picture of business performance and real profit.
Good accounting starts with getting the basics right
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Address

Cape Town

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00
Saturday 09:00 - 17:00

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