MILNERTON ACCOUNTANT

Accounting Services

As we keep up to date with the ever changing Accounting regulations, relating to recently adopted International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS), we can provide you with financial reports that contain all relevant information needed by all interested parties such as Banks, Creditors, Business Partners, Shareholders as well as the South African Revenue Services (SARS). We create tailor made management accounting reports, providing you with all the information needed to make good decisions and manage your business successfully. We use, but are not limited to, QuickBooks to maintain our customers’ accounting records. We are able to facilitate the set-up, implementation and integration of accounting systems and data. This includes the take-on of accounts from one accounting system to another. We will maintain all documentation necessary for annual financial statements.

Creditors

We are able to manage your suppliers by raising invoices and reconciling your accounts in QuickBooks as well as loading supplier payments on your online banking profile. All you have to do is review your weekly/monthly reports and then authorise the payments that you have selected for payment.

Payroll

Our payroll service will provide you with structured and tailor made salary packages to meet the specific needs of their employees. This service includes providing clients with payroll schedules for the payment of salaries and wages which will assist you with the payment of employee tax, medical aid, pension fund, Unemployment Insurance Fund (UIF), etc. Obtaining all relevant information needed to prepare the payroll for the month. This involves the following: Capturing overtime, loans, provident funds etc. Capturing and processing garnishee orders and 3rd party payments. Capturing leave taken and maintenance of leave records. Annually provide IRP5/IT3 (a) for each employee. Electronic transfer of salaries into your employees’ bank accounts. Electronic submission of the EMP201. Electronic submission of UIF records. Integration with your accounting software to account for the salary cost in your accounting records. Maintain detailed leave records.

Tax

We can register you and your business on SARS’s e-filing system which will enable a smooth and seamless submission of all tax returns and payments. This will relieve the stress and turmoil on you, your business and staff while freeing up resources at month end. We are also able to provide you, upon request, with a tax submission status report of all taxes you are registered for at SARS. We provide a full range of specialist tax services for both individuals and companies which include: Income Tax registration, PAYE, SDL and UIF and VAT registration for a company. Completion and timely submission of all tax returns to avoid unnecessary and costly penalties and interest. Provide you with updates of all relevant changes made to the tax legislation.

Business Plans

A business plan is essential for any business irrespective of its size and is not merely a document to obtain finance. It is also used by businesses to map out the future trajectory you wish your business to take. In today’s economically tough and competitive conditions it is vital for every business to plan for the future. By understanding your business and your future goals we can draft professional and comprehensive business plans which can be used not only internally but also for 3rd parties like banks and investors.

We partner with businesses and provide them with accurate and reliable data to support decision making and business growth, while keeping the company compliant.