Accounting and Payroll
Running your business is a full-time exercise and that you don’t always have the time or want to worry about your monthly accounting. Let me take care of that for you, so that you can optimise your business growth.
• Comprehensive monthly bookkeeping up to balance sheet
• Assistance with implementing internal controls and record keeping
• Preparation and maintenance of the fixed asset register
• Monthly financial management accounts
• Preparation of budgets and projected cash flows
• Submission of VAT returns
• Preparation of year-end audit files
• Set up of the organisation on Sage Payroll
• Processing of the monthly payroll based on current tax legislation
• Addition of new employees and removal of terminated employees
• Preparation of monthly payroll reports for management and for accounting purposes
• Preparation of payslips for employees
• Preparation of annual IRP5's and related reconciliations
• Submission of monthly EMP201 returns and the bi-annual EMP501 returns
• Submission of UIF Returns
• Submission of Workmen’s Compensation Returns
• Personal Income Tax Returns (ITR12)
• Provisional Tax Returns (IRP6)
• Company Tax Returns (ITR14)
Hi there, my name is Carmen and I'm a freelance Accountant. I have various certificates in Bookkeeping, Accounting and Pastel and a B-Compt in Financial Accounting. I have just over 18 years of experience in the bookkeeping and accounting field in various industries processing accounts from source documents through to Balance Sheet.
Your business is small to medium in size. There is just not enough work to employ a full-time staff member. However, the accounting still needs to be done and done properly.
As the business owner you need to focus on growing and managing your businessl.
Your business will not bear the costly expenses of purchasing Accounting and Payroll software, as well as paying annual licence fees for the software.
You can concentrate on your business and let me concentrate on your businesses accounting needs.
You are an expert in your own industry. Therefore, if activities like accounting are outsourced you will free up more of your time to concentrate on the tasks you are great at. This can lead to great productivity and better quality of work.
When you outsource your accounting operations, you can save up to 40% of the costs compared to the cost of an employee because you don’t have to pay for any benefit packages and idle time.
When you have an in-house team, scalability becomes a big challenge. If you suddenly grow and need a greater workforce within your accounting department, it can take up to 26 days to hire a new employee and up to six months for them to reach their potential.
When you outsource your accounting to a professional, you benefit from the accounting software they have chosen. This prevents you wasting your time and money on packages which don’t offer you the accounting coverage you need. It also means you don’t have to learn how to use a new piece of software.
An experienced Accountant can be a great support in your decision making which might help you avoid unreliable investments and reduce the cost of those that are suitable. Their advice is also impartial, which employees may not be.
You know your financial accounting is being handled by the right person and you can be assured that the financial information will be accurate and presented in a way that everyone understands.