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4 Reasons to Start Early on Your Final Accounts

4 Reasons to Start Early on Your Final Accounts

As the World celebrated the end of 2021, a lot of businesses in Tanzania closed their Financial Year as well. And while the new year has just begun, most businesses will already have an eye on the looming deadline of submitting their 2021 Final Accounts. At first...
What are HS Codes?

What are HS Codes?

If you are in the business of importing or exporting goods to and from Tanzania, then you have undoubtedly come across the term ‘HS Codes’. It has probably been mentioned by your supplier, and commonly used by your Freight Forwarder or Clearing Agents. Maybe you...
5 Reason Why Tally ERP is so Popular

5 Reason Why Tally ERP is so Popular

Tally ERP is no doubt a name you are familiar with. It is an accounting software that is used the world over, and is one of the most popular accounting systems in the world. But why is Tally so popular and why do so many businesses rely on it for their core financial...
What is Cash Flow Forecasting?

What is Cash Flow Forecasting?

Success of a business is dependent on adequate management of the cash flow. According to research by a U.S Bank, 82% of business failures are caused in part by cash flow challenges. Let’s take a moment to understand what cash flow management is and how a...
5 Reasons to Outsource Your Bookkeeping & Accounting

5 Reasons to Outsource Your Bookkeeping & Accounting

Businesses big and small can benefit from outsourcing their bookkeeping and accounting roles. Outsourcing can help free up internal resources and let you focus on your core business. The benefits are probably most clear for small and medium sized businesses. If you...