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#bookkeeping

Bookkeeping

Modern bookkeeping techniques using plain-text and automated workflows

Provisional Tax in South Africa: The Freelancer's Complete Guide to IRP6 Deadlines, Estimates, and Avoiding SARS Penalties

South African freelancers pay provisional tax in two IRP6 installments — 31 August and 28/29 February — by estimating full-year taxable income themselves; missing a deadline or estimating below 90% of actual income triggers a 10% late-payment penalty, a 20% underestimation penalty, and interest from the effective date.

Shopify Payout Reconciliation in 2026: Fees, Capital Advances, and Reserve Holds Without Double-Counting Revenue

Shopify payouts are net settlements, not revenue — gross sales minus fees, refunds, reserve holds, and Capital remittances across a 1-3 day settlement window. This guide shows the clearing-account method to reconcile every payout, handle rolling reserves and Shopify Capital correctly, and match 1099-K gross to ledger sales.

Why 2 in 3 Small Business Owners Lose Sleep Over Money — and the Bookkeeping Habits That Actually Help

A 2026 survey of 781 U.S. small business owners found 68% lose sleep over money monthly and 41% name cash flow timing — not totals — as their biggest stressor. Five bookkeeping habits reduce that anxiety: a 13-week cash flow forecast, separate bucket accounts, a weekly money date, faster invoicing, and a defined cash buffer.