OUR SERVICES

 

Consulting

 

Business Process Improvement

Dramatically improve financial and operational performance by -

• improving, developing or standardising operations, systems & procedures
• enhance business strategies
• performance management and reporting systems
•  effective planning, budgeting, forecasting and cash flow management

 

IT Systems

Select, design & implement ERP, Financial and other IT systems, or evaluate and enhance the use of your current system. We are Pastel and Pastel Payroll resellers and can provide assistance on most of the problems or issues you might encounter.

 

Optimising return on assets

Identifying cost saving opportunities and implementing cost saving initiatives;

Reduce working capital and implementing initiatives to reduce working capital. (Debtors, inventory, creditors, etc)

 

Business & tax planning

Helping you with resolving business challenges and minimising tax liabilities

 

Accounting

We provide a full accounting function to a wide range of clients. Contact us for any accounting matters, monthly bookkeeping, VAT returns, management accounts, annual accounts, treasury functions, capital expenditure evaluation, special projects, and business valuations.

 

Payroll

Legal and other statutory requirements for payrolls are complex and time consuming. It is strongly advised that business owners consider outsourcing this function.

We provide all payroll services; payroll runs, payslips, monthly SARS return filing, annual and biannual SARS returns, IRP5 certificates, leave records, etc to ensure you comply with all legal and SARS requirements. We can also handle any EE recordkeeping requirements.

 

Tax

Completion of all tax returns, tax planning, arrear tax returns, tax clearances.

 

Accounting Officer/Audits/Independent Review 

Extra Value adding services are included. Get more than just a signature.

 

Business set-up, registrations & Secretarial work

We can register new CC’s or companies with CIPRO and do the required registrations with SARS, WCA, UIF, DOL, etc and help you set up your systems to ensure a smooth running of your business. We also handle all secretarial requirements.

 

Other

Other functions debt collection, business plans and more

 

See below for more details…..

 

 

MORE ABOUT OUR SERVICES

 

Accounting 

• For CC’s, Trusts, Sole traders, Pty’s
• Compliance with financial and regulatory requirements (e.g. GAAP, IFRS, Co Act)
• Preparation of monthly & annual management reports, annual financial statements
• Write up books on a monthly basis and do the VAT returns
• Designing and implementing management reporting system
• Designing and implementing accounting & recording system
• Review and improving of debt collection
• Key ratio analysis of your balance sheet & income statement and providing you with the actions and tools to drive focussed improvement
• Assist you with the analysis and benefit study relating to capital expenditure
• Review and improve your project cost recording & reporting system
• Capital expenditure evaluation
• Business valuation
• Special projects

 

Payroll & Related Services

• All SARS registrations
• Department of Labour registration
• Monthly Payroll services (payslips, leave records, bonuses, fringe benefits, etc)
• Monthly Emp 201 submission to SARS
• Bi-annual Emp 501 Reconciliations and submission
• Annual Emp 501 Reconciliations and submissions
• Assistance with employment contracts and terms
• Assistance with SARS Audits
• Personal Income Tax (provisional payer and non provisional payers)

 

Tax

•  Tax planning
• Preparation, completion and submission of all tax returns (IRP6, IT12, IT14, etc)
• Tax clearance certificates
• Bring arrear tax up to date
• Amnesty applications

 

Accounting Officer/Audits

• We perform the role of accounting officer for CC’s
• We have an association with a registered auditor. This enables us to provide companies with audited financial statements.
• We add value to this service; you get more than just a signature. Key checks are performed to ensure the accounts are more than just “in agreement with the records”
• We will give you feedback on the status of the balance sheet with some key ratios analysed.
• We will ensure the accounts provide you with the most beneficial tax situation the law allows.

 

Business set-up, registrations, secretarial

• Registration of new CC’s or Pty’s at CIPRO or purchase of shell entities
• Handle all registrations as required by the various statutes
• Help you set up your systems & procedures
• Handle all secretarial work (minutes, registers, etc)
• Business structures, planning, etc

 

General Consulting

Business Performance Management & Improvement

We assist organizations to dramatically improve their performance as an integrated and effective unit, at very affordable cost to the business.

Business Performance Services

• improving and standardising operational & administrative procedures and processes,
• developing and applying business strategies to improve financial and operational performance,
• designing and establishing performance management and reporting systems,
• establishing more effective approaches to planning, budgeting, forecasting and cash flow management,
• dealing with business change management and the people issues which arise from it
• improving the efficiency of the supply chain
• driving value and helping optimise capital and cost structures thus building a healthier balance sheet.

Our Approach

• Understanding the business profit & cost generating processes
• Comprehensive analysis of the balance sheet and income statement
• Defining the key processes where value can be added
• Defining initiatives or process changes
• Implementing a programme of changes
• Measuring business performance against agreed outcomes

What benefits will you receive

• Improvement in the efficiency of processes
• Improvement in effectiveness and efficiency of systems
• Staff that’s better equipped to perform optimally
• Cost reductions
• Optimising the return on assets
• Optimising the cash flow
• Optimising the growth strategy and process
• Optimising risk management
• Processes and systems that are synchronised with your business strategy

 

IT Systems

Information Technology (IT) is critical to the operations and competitiveness of organisations. IT is not merely a cost but a critical contributor to the business, focused on improving business value and performance. We are a reseller of Pastel Accounting and Pastel Payroll software.

Application Performance

After gaining a full understanding of your key business processes we review your applications in use, with regards to its applicability, effectiveness, ease of use, availability of information, security and control, costs and quality and provide you with the means to make improvements.  

Application Replacement/Re-implementation/New implementation

Many businesses underestimate the importance of ensuring that the IT system to be implemented is a perfect fit to the business and will provide you with the benefits anticipated. The gap between what you think you are getting and what the system provider is firstly selling you and secondly providing you can and normally are wide.

Our task is to ensure you get what you need & expect. By understanding you business processes and our extensive knowledge and understanding of IT systems, we ensure a complete match.

 

Other Services

• Preparation of business plans
• Assist with application for funding
• Assist with restructuring, merger, acquisition, feasibility studies

What benefits will you receive?

 

The following is just some of the benefits you will receive by outsourcing your business needs:

 

• Cost reduction – cost reduction is a major benefit by outsourcing your business needs. By outsourcing you are turning your fixed cost into variable cost, meaning available capital that every business needs. The saving comes from fewer employees, especially in accounting and bookkeeping.  
• Access to better technology – We all know that accounting and payroll systems are expensive; by outsourcing you don’t carry these costs. Our systems are always up to date.
• Increase efficiency – buy making use of our services you increase the efficiency of your staff as they don’t have to deal with the bureaucracy or try to resolve issues they are not an expert in.
• Focus on your core business – Every business has limited resources, and every manager and owner has limited time and attention, by outsourcing you are keeping your focus on your business. Let us ensure compliance and the provision of expert advice.