josh

No Guts No Glory

[CPA Wachira Joseph @WashiraX]

Having an A+ bookkeeper costs more. But not more than KRA.

If you can hire one full time, even better.
If you cannot, outsource.

A good bookkeeper is non negotiable.

[CPA Wachira Joseph @WashiraX]

You can have a perfectly valid eTIMS invoice and still have KRA reject it.

Why?

Because KRA can ask: Show me the money trail.

This is extremely critical test that KRA applies.

Example.

You have an eTIMS invoice for KSh 1 million from your Supplier.

KRA can ask: Did you actually pay for these goods?

If you paid the supplier, show the bank or M-Pesa payment evidence.

If the supplier gave you credit, shiw the credit agreement or payment terms and record the KSh 1 million as a debt in your books.

If your good buddy paid the supplier directly for you, show:

• Proof that your buddy paid the supplier
• Your agreement with your buddy
• The repayment terms
• The amount recorded as a liability to your buddy

So, here's how you protect yourself.

For every business purchase, make sure these four things tell the same story.

eTIMS invoice → Proof of payment → Agreement/terms → Accounting records.

If you bought on credit, your books should show that you owe the supplier.

If someone paid on your behalf, your books should show that you owe that person.

If you paid directly, your bank or M-Pesa should show the payment.

Don't wait for a KRA audit to start assembling this evidence.

Build the evidence when you make the purchase.

That way, when KRA asks, “Prove this expense,” you don't start looking for documents. You simply open the file.

That's what good bookkeeping is.

[H @IfeanyiEmm34386]

Lord, I thank you for my job, but if winning the lottery is in your plans, I am here and ready. Amen.

[𝔇𝔞𝔫 🧑🏾‍🚀 @astrovibesonly]

“i’ve always wanted someone like you… for my friend”

[siah wanja 🇿🇦 @s1ah_wanja]

Life after you realize you can prompt someone in front of you at the supermarket before the cashier does.

[victor 🖤🦇 @vector_olal]

“hey babe, can you help……”
me:

[Joe Clark ♑️ @GinNJuice_]

My principal was texting our custodians in their group chat about their task and one of them replied “and who the fuck is this?” 😭😭😭😭

[z~epha @omoshtl]

Ndio msee agraduate haikuwangi easy manze,,congrats to those who have graduated may your doors be open mpate kazi👏

[𝒵𝒾𝓀✯ @_Gottalovezik]

me deciding if i should speak my mind or keep my job.

[Sine @FcbSine]

Tried aura farming in front of mom and she asked me to get a job

[𝙼𝚄𝙽𝙴𝙽𝙴 @i_am_munene]

We only have 2 tribes in Kenya.

[St.Paul's University @SPUKenya]

Until you see the results, never delete the PDFs
~ John F. Retaker~ (1846)

[problem.child @brvc3h]

Look at him smh 🤦🏾‍♂️

[Muchai Mwitia @mrmuchaii]

"The Board of Examiners is satisfied that the candidate has successfully fulfilled all the requirements for the conferment of the degree."

[Pink Mink Coat @PinkxMink]

I called out of work yesterday because I wasn’t feeling it. I come in today and the internet is out.

[Lisan al Gaib @youngWILT_]

I increased the font size on my phone today

[kijana ya KMTC™🇰🇪 @KijanayaKmtc]

huku site tuko na awarding ceremony kidogo😭😂

[josh @Joshkirui6]

@KijanayaKmtc 🤣🤣

[Chelsea FC @ChelseaFC]

UEFA Super Cup winners in Belfast! 🏆

11/08/21 🗓️

[Mo @mo_sin_mi]

When God created us, he didn’t mean for us to start doing accounting, investment banking, adjusting EBITDA, GAAP and IFRS etc. But through our sins, these woes have befallen us.