The basic accounting solutions and principles are applied to your management accounts and we focus on compliance with accounting standards through:
record keeping for smaller companies, owner-managed businesses, close corporations, trusts, sole proprietors and partnerships
preparation of accounting records from source documentation through to trial balances and financial statements
regular maintenance of financial records: processing financial transactions, bank reconciliations, management accounts, assisting clients with VAT, PAYE calculations and other statutory returns and the setting-up of systems by your designated accounts clerk
assistance with tax returns once the financial statements have been signed off and the submission to SARS
preparation of budgets and monthly management reporting accounts and the monitoring of actual results against budgets
keeping accurate and reliable accounts, proving more cost-effective by helping you avoid penalties
Falling behind in your accounting is a common problem for smaller companies who are caught up in the daily priorities of running a business. And many entities continue in this way until something triggers the need to get them in order, and quickly. It could be an imminent tax deadline, the need for emergency funding, or the need for a tax clearance certificate, among others. Our competent personnel will step in to update your accounting records, produce a set of financial statements and make sure you meet your immediate regulatory and tax deadlines, to stringent deadlines. Once the urgent compliance with accounting standards has been completed, we can help you structure your business for maximum tax efficiency and profitability.
We are passionate about ensuring that your accounting requirements are handled professionally and stay up to standard. We are flexible in our accounting solutions and can be contracted in on a project basis to clean up your accounts (project accountant), short-term arrangement or a fixed monthly billing, agreed in advance.
In an effort to provide a seamless accounting solution, we can assist you in the setting up of Pastel and provide training and on-going support to your staff.
Since the accountant is knowledgeable about your business environment, your tax situation and your financial statements, it makes sense to ask them to pull all the pieces together and help you come up with a business plan and personal financial plan you can really achieve. Accountants can offer advice on everything from insurance to expansion.
- Financial statements
- Business plans
- Business Valuations
- Cash flow forecasts
- Financial information for banks and other financial institutions
- Monthly Management of Accounts
- Debtors Account Management
- Creditors Account Management
- VAT Returns
- Payroll Management
- PAYE, SDL and UIF Return to SARS
- IRP5 / IT3 Annual Reconciliations
- Annual Stock Take
- Statement of Assets and Liabilities
- Statutory Registrations
- Opinion Writing
- Lifestyle Questionnaire