Monthly Management Accounts Packs composed of the following:
- Trial balance for the month including year to date monthly trial balance.
- Statement of comprehensive income and statement of financial position (summarised) including year to date monthly breakdown.
- Sales and accounts receivable analysis.
- Payroll analysis.
- Bank reconciliations.
- Computation of VAT on a monthly basis.
- Filling of VAT thereof with SARS on a monthly basis.
Annual work to be performed:
- Computation and compilation of the Annual Financial Statements prepared in accordance with the International Financial Reporting Standards (IFRS).
- Computation and compilation income tax for the year.
- Filing of Income tax for the year (IT14).
- Company’s provisional tax computation as required by the income tax act
- Filing of provisional tax thereof.
Monthly Payroll services:
- Capturing of employees monthly payroll
- Generation of payslips and sent to employees (Via email)
- Computation of PAYE, UIF and SDL on a monthly basis
- Filing of PAYE, UIF and SDL on a monthly basis with SARS (EMP201)
Annual Payroll services:
- Preparation of employees IRP5’s and IT3a at the end of each tax period for employees.
- Computation of the EMP501 (Employer Reconciliation Declaration) bi annually when due on the 1st of March and 1st of September.
VALUE ADDING SERVICES
- Assisting in Pastel accounting system implementation on client’s request.
- Free application for tax clearance at SARS.
- Monthly meetings with our qualified chartered accountants to discuss the financials with the client.
- Free drafting of cash flow forecast for the client at their time of request.
- Drafting of financial policies and financial processes for the client at their time of request.
- Discounted EME certificate for the qualifying clients.
- 24/7 availability of our stuff members for consultation.