Accounting Services for Small Businesses in South Africa
Business Intelligence & Decision Support
Corporate Action
Business Performance & Reporting
Company Secretarial, Tax & Compliance Support
Bookkeeping, Accounting & Consulting
Financial Systems Setup & Optimization
▶ Sales data from your CRM is imported & organized into Xero or Sage on your preferred schedule, so you always have up-to-date records.
▶ Supplier invoices are captured (local and international) as well as travel or digital expenses, these are reconciled with your bank transactions using a customised chart of accounts tailored to your business.
▶ From there, we prepare and review ageing of receivables and payables to support cash-flow decisions and operational planning.
Outcome - accurate, timely financial information that helps you make better decisions, understand your business performance, and confidently plan for growth.
▶ We assess and review the systems used by your company including CRM, supplier management systems & operational systems to identify any improvements which can be made to reduce operating inefficiencies.
▶ We create a chart of accounts that supports defined outcomes as well as maps to the operational systems of your business.
Outcome - support long-term financial goals, improvement on current operations and align the systems to the accounting system. This assists in month-end closure & management accounts.
▶ We take the information from bookkeeping and system enhancements and place it into a month-end closure of financial statements - Bank reconciliation report, age receivables, age payables, balance sheet & profit & loss reports.
Outcome - Financial statements are presented and reviewed with the client to confirm accuracy, make improvements as well as track prior defined metrics.
▶ Tax planning around PAYE (EMP201's/EMP501's), VAT, corporate income tax (CIT), provisional tax (IRP6) & personal tax returns
▶ CIPC changes, Director and operating administration and the changes thereof.
Outcome - Client's are advised on the tax around company transactions and the taxes mentioned above. Administration is kept up to date and organised in files for easy retrieval
▶ Using data points collected on month-end closing procedures, cashflow, Operating metrics and campaigns.
Outcome - Decisions can be made with clarity and a complete picture with which the decision requires. Adjustments from the decisions are implemented and re-monitored.
▶ The final outcome in the process is mergers, acquisitions, buying and selling a business.
Outcome - Once key metrics have been reached, this stage allows owners the opportunity for options for their business whether it be continuation, sale or merger.
