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