SubTopic: VAT – Payment and Invoice Basis

(A) INVOICE BASIS

You account for VAT on the day that an invoice was either issued or received

According to the study & solutions guide the following principle was followed

VAT OUTPUT

The sales amount of R230 000 includes credit sales (i.e debtors) and therefore our sales amount consist of
cash…[Read more]

SubTopic: Calculation of Overtime

Please note that the normal rate always represents 100%

So if the question says the hourly rate is 200% more than the usual rate for example, then the rate per hour during the overtime is 300% 0f the normal rate (i.e 200% + 100%)

For example if the rate per hour is R40 and an employee worked 10 hrs overtime,…[Read more]

Happy Friday!

Here are some wise words from Hellen Keller!

Topic: Administrative Post

SubTopic: ICB POE Assignments & Tests

Good day guys

Here are a few Admin issues that we need to take note regarding ICB online tests and Digital POE

The ICB online tests should be completed on the MACCI and you cannot download them for you to do later

These tests are timed therefore you should make sure that you…[Read more]

Date: 27 October 2020

Time: 2pm to 2;30pm

Module: Bookkeeping to Trial Balance

Topics: Any topic

Procedure: You ask questions relating to your Bookkeeping module and then I will provide                               explanatory notes

Look forward to engage with you during this tutor session

Hi Guys!

Hope you all are doing amazing and had a lovely weekend!

For those that don’t know, the Beauty group has a whatsapp group that you are welcome to join! 🙂

Click on the link provided:

https://chat.whatsapp.com/LZ3oLEftFqmLHopE2Ya4a8

‘ So long as there is breath in me, that long I will persist. For now I know one of the greatest principles of success; if I persist long enough I will win. ‘ ~ Og Mandino

What you will need:
– A mild shampoo/hand soap
– A sink
– A drying cloth

Things to remember:
– Many makeup brushes are expensive and made with hair, as such, you’ll want to prolong their lifespan by cleaning them as gently as possible, and using the mildest cleanser you have.
– Do not submerge your makeup brush under water. If water gets into the…[Read more]

Deal with Your Fear – Fear is one factor that contributes to procrastination. This can involve a fear of failure, a fear of making mistakes, or even a fear of success. Challenging your faulty beliefs is important. If you are afraid of success because you secretly believe that you don’t deserve it, it is important to realize that your…[Read more]

The PoE serves to gather all the students’ evidence of study. Evidence of study takes the form
of Assessment Questions and Assessment Tasks. The student completes all the tasks set out
and then hands in the PoE at the end of the course for evaluation.

·         Assessment Questions are questions that are topic specific and require short answ…[Read more]

Acne Scars Vs. Pimple Marks:
Acne scars usually almost never heal completely. Pimple marks are tiny, flat, and dark spots caused by post-inflammatory hyperpigmentation that can fade in a few weeks on their own. Picking or popping a pimple can increase the chances of pimple marks. However, they don’t cause long-term damage to your skin. On the o…[Read more]

Believe in yourself!

Follow your dreams!

Never give up!

HAPPY FRIDAY!

Hie guys

Hope you had a wonderful weekend

I am inviting you to a Business Literacy  tutor session tomorrow

Date:                                  06 October (Tuesday)

Time:                                 2pm to 3;30pm

Topics for discussion:    All the topics from the ICB Business Lit Textbook

Procedure:               …[Read more]