1. Services included
- Bookkeeping
- Payroll (generating pay slips and administration of leave balances)
- SARS submissions – Income Tax (including provisional tax), VAT and payroll tax returns
- CIPC annual return (excludes CIPC fees)
- Department of Labour annual workmen’s compensation return
- Dedicated accountant
- Telephonic support for accounting and tax queries
- Reminders and tax alerts
- Preparation of Annual Financial Statements
- Management reports (monthly)
2. Timeframe
- Bookkeeping and bank reconciliations are performed on a weekly basis
- Annual financial statements will be prepared 6 months after year-end.
3. Software – The following packages are included in your monthly fees:
- Xero Standard Subscription (i.e. no multi-currency billing)
- Receipt Bank
- SimplePay payroll software