Accounting Software:

• The training, installation and support of such is included.

Transactions:

• Purchases from your suppliers
• Invoicing to your customers
• Bank transactions, receipts, debit orders and payments

Payroll & Basic HR:

• Generating Payslips
• Tracking loans and repayments
• Recording leave days, sick days, and holidays
• Creating IRP5’s at the end of the tax year and when an employee resigns

SARS Submissions:

• Bi-monthly VAT return – VAT201
• Monthly VAT Return – VAT201
• Monthly payroll taxes (PAYE, UIF & SDL) – EMP201
• Bi-annual payroll taxes reconciliation EMP501
• Bi-annual Provisional Tax
• Annual Tax Return

Accountant Supervision:

• All transactions are reviewed for accuracy.
• Verification of all VAT transactions.
• Advice on all tax deductible expenses that can be claimed.
• Assessment of your accounting policies and controls.
• Month-end and Year-end adjustments and corrections.

Management Accounts:

• Trial Balance
• Income Statement
• Balance Sheet
• Customer and Supplier Age Analyses
• VAT / Tax Transactions report

Budgeting & Forecasting:

• Understanding your actual results against the budget
• Forecasting expenses and income

Meeting & Briefing:

We are always happy to meet with you and go over your financial results so that you can get a deeper understanding of what they entail for you.