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R & Smith We offer Compilation- or Review Engagements of your business’ annual financial statements.

👔 💚 Happy Boss’s Day! 💚 💼Great leaders help each other grow. Today we recognise leaders who foster mentally healthy work...
16/10/2026

👔 💚 Happy Boss’s Day! 💚 💼

Great leaders help each other grow. Today we recognise leaders who foster mentally healthy workplaces through empathy, clarity, and consistent support.

“Bear (endure, carry) one another's burdens and troublesome moral faults, and in this way fulfill and observe perfectly the law of Christ (the Messiah) and complete what is lacking [in your obedience to it].” Galatians‬ ‭6‬:‭2‬ ‭AMPC‬‬

Let’s talk about financial boundaries — the kind that keep your personal money and your business money from becoming one...
14/10/2026

Let’s talk about financial boundaries — the kind that keep your personal money and your business money from becoming one big confusing pot. 😅

If you’re running a business, even a small one, separating your finances is a gamechanger.
Why? Because:
✨ You always know what your business actually earns.
✨ Tax season becomes way less stressful.
✨ You avoid dipping into business funds for personal spending (or vice versa).
✨ You protect yourself if anything goes wrong legally or financially.

✔ Start simple:
Open a business account, track your expenses, and pay yourself properly.

💚 Your future self — and your business — will thank you!

🌍💚 World Mental Health Day 💚🌍Today is a reminder that you are not alone in your struggles.1 Peter 5:7 encourages us: “Ca...
10/10/2026

🌍💚 World Mental Health Day 💚🌍

Today is a reminder that you are not alone in your struggles.

1 Peter 5:7 encourages us: “Casting the whole of your care [all your anxieties, all your worries, all your concerns, once and for all] on Him, for He cares for you affectionately and cares about you watchfully.”
‭‭
Your mental health matters — to God, to your loved ones, and to the world.

It’s okay to rest. It’s okay to ask for help. It’s okay to let go of the weight you’ve been carrying.

💬 If you’re feeling overwhelmed, reach out to someone you trust.

💚 You are valued. You are loved. You are seen.

🌿 Behind the Numbers, Back to Nature 🌿Even accountants need a break! 😅Taking a few moments to step outside the office an...
09/10/2026

🌿 Behind the Numbers, Back to Nature 🌿

Even accountants need a break! 😅

Taking a few moments to step outside the office and enjoy the garden can do wonders for your mental health. Fresh air, greenery, and a little quiet time can refresh your mind and boost focus, helping you return to small business financial statements with renewed clarity.

✅ Remember, balancing your work is important—but don’t forget to balance your well-being too.

💚 October is Mental Health Awareness Month — and for many small business owners, financial stress is one of the biggest ...
05/10/2026

💚 October is Mental Health Awareness Month — and for many small business owners, financial stress is one of the biggest contributors to burnout. 💚

🪴🌷 As accountants, we don’t just prepare financial statements — we bring clarity, structure, and calm to the chaos.

✅ A clean set of financials can reduce anxiety, support better decision‑making, and give you back the mental space you need to focus on what matters most: running your business and taking care of yourself.

💼 If your books are weighing on your mind, you don’t have to carry that stress alone. We’re here to help.

💡 Did You Know?Your financial statements aren’t just for tax season — they’re a powerful tool for spotting growth opport...
30/09/2026

💡 Did You Know?

Your financial statements aren’t just for tax season — they’re a powerful tool for spotting growth opportunities! 📈

By reviewing your income statement, you can identify which products or services bring in the most revenue, while your balance sheet shows how healthy your cash flow really is. Regular analysis can help you make smarter decisions, reduce unnecessary expenses, and boost profitability.

✅ Tip: Schedule a quarterly review of your statements — future you will thank you!

📦 Inventory Turnover Ratio — The “Speedometer” of Your StockThink of your inventory turnover ratio as how many times you...
28/09/2026

📦 Inventory Turnover Ratio — The “Speedometer” of Your Stock

Think of your inventory turnover ratio as how many times you completely sell and restock your products in a year.

High turnover = Products are selling quickly (great for cash flow, but watch for stockouts).
Low turnover = Stock is sitting too long (ties up cash and risks obsolescence).

💸 The formula:
Inventory Turnover = Cost of Goods Sold (COGS) ÷ Average Inventory

COGS: The cost to produce or purchase the goods sold during the period.
Average Inventory: The average value of inventory held during the period, often calculated as (Beginning Inventory + Ending Inventory) ÷ 2

🧮 For example, if a store has R200,000 in COGS and an average inventory of R50,000, the turnover ratio is 4. This means the store sold and replaced its inventory four times during the period.

🔎 The inventory turnover ratio is a simple yet powerful metric that connects sales, inventory management, and cash flow. It’s not just a number—it’s a snapshot of how efficiently a business converts stock into revenue, helping managers make smarter operational and financial decisions

🌸💼 Friday Finance Fun!Accountants love spring — it’s the only time they can depreciate winter and appreciate sunshine at...
25/09/2026

🌸💼 Friday Finance Fun!

Accountants love spring — it’s the only time they can depreciate winter and appreciate sunshine at the same time. 😎☀️

Here’s to balancing the books and our vitamin D levels this weekend!

The lines have fallen for me in pleasant places; indeed, I have a beautiful heritage. ✨Today, we celebrate Heritage Day—...
24/09/2026

The lines have fallen for me in pleasant places; indeed, I have a beautiful heritage. ✨

Today, we celebrate Heritage Day—a day to reflect on the rich tapestry of our cultures, traditions, and the diverse histories that shape who we are. 🌍

As we gather with family, share traditional meals, and honor our roots, we are reminded of the beautiful inheritance passed down to us. More than just our earthly history, we celebrate the grace, community, and joy found in our shared journey.

Let’s embrace our unique stories and build a future rooted in unity, love, and mutual respect. 🇿🇦❤️

🌸 Spring Clean Your Books – Small Business Accounting Checklist1️⃣ Reconcile All Bank & Credit Card Accounts✔ Match tran...
21/09/2026

🌸 Spring Clean Your Books – Small Business Accounting Checklist

1️⃣ Reconcile All Bank & Credit Card Accounts
✔ Match transactions in your accounting software with bank statements.
✔ Investigate and fix any discrepancies.

2️⃣ Review Outstanding Invoices & Bills
✔ Follow up on overdue customer payments.
✔ Pay or schedule payment for any outstanding supplier bills.

3️⃣ Organise Receipts & Supporting Documents
✔ Digitise paper receipts and store them in one secure location.
✔ Ensure each expense has a matching record in your books.

4️⃣ Check Asset & Inventory Records
✔ Update asset registers for purchases or disposals.
✔ Count and adjust inventory to match actual stock levels.

5️⃣ Verify Payroll Records
✔ Ensure all wages, superannuation, and taxes are recorded correctly.
✔ Check employee details are up to date.

6️⃣ Review Financial Statements for Accuracy
✔ Scan your balance sheet, income statement, and cash flow statement for unusual entries.
✔ Flag anything that needs clarification as soon as possible.

7️⃣ Back Up Your Data
✔ Save a secure copy of your accounting files — cloud + offline.

💡 Pro Tip:
"A tidy set of books now means smoother financial statements later. Tick off this checklist and thank yourself at year-end!"

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29 Dias Street
Westonaria
1779

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Monday 07:30 - 16:00
Tuesday 07:30 - 16:00
Wednesday 07:30 - 16:00
Thursday 07:30 - 16:00
Friday 07:30 - 16:00

Telephone

+27833834116

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