New Features in Version 12

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Pastel NewTechnologies

Manage your VAT periods and reporting using the new Sage Pastel Tax Manager

Closing VAT periods is essential to ensure correct VAT reporting to SARS and VAT reconciliations. With the new Tax Manager feature, you can set up your VAT reporting periods, process your transactions as usual, and at the end of each VAT period, print your VAT reports and close the period. Back-dated transactions will automatically form part of the next VAT period.

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SAIPA Urgent Notification

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It has come to our attention that an individual by the name of David Bongani Msomi is offering final year accounting students accounting positions at a firm called Nemcorp. The prerequisite for joining Nemcorp is the payment of a fee ostensibly to register with SAIPA

SAIPA wishes to distance itself from both Msomi and Nemcorp. We have no knowledge of said individual or firm.

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