Apart from keeping you abreast of the precise financial state of your business, our accounting services will keep you compliant with accounting standards and Generally Accepted Accounting Practices for smaller entities (small GAAP), Generally Recognised Accounting Practice (GRAP) and International Financial Reporting Standards for Small to Medium-sized entities (IFRS for SME’s).

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
• Monthly management accounts
• Annual financial statements
• Cash flow forecasts and budgets
• Assessment and implementation of product costing projects