Accounting and Bookkeeping

What We Offer:

• Balance Sheets: Show your company's assets, liabilities, and equity.
• Profit and Loss Statements: Highlight revenues, expenses, and net profit over a specific period.
• Cash Flow Statements: Track the inflows and outflows of cash to ensure liquidity management.
• Custom Reports: Tailored to industry requirements or stakeholder needs.

Why It’s Important:

These documents are essential for decision-making, securing funding, and ensuring compliance with tax and regulatory requirements.

What We Offer:

• Entry of daily transactions (sales, purchases, receipts, payments).
• Management of invoices and bills.
• Maintenance of general ledgers.
• Use of industry-leading software like QuickBooks, Xero, or Tally for efficient data handling.

Why It’s Important:

Proper data entry eliminates errors and ensures your financial records are up-to-date, which is critical for effective analysis and reporting.

What We Offer:

• Calculation of wages, bonuses, and deductions.
• Payroll of payslips.
• Management of employee benefits and statutory compliance (e.g. provident fund, social security and GPSSA).
• Timely disbursement of salaries to employees.

Why It’s Important:

A streamlined payroll process reduces administrative burden and ensures your employees are paid accurately and on time.

What We Offer:

• Bank Reconciliation: Compare bank statements with internal records to identify discrepancies.
• Vendor and Customer Reconciliation: Ensure all invoices and payments are accurately recorded.
• Credit Card Reconciliation: Match credit card statements with business expenses.

Why It’s Important:

Regular reconciliation helps detect errors, prevent fraud, and maintain accurate financial records, enhancing your business’s credibility.