Services

Accounting services can cover the full spectrum relating to:

• Data capture
• Books to trial balance
• Production of Income Statements, Balance Sheets and Cash Flows

Completion and submission of statutory returns for:

• VAT
• UIF
• RSC levies
• PAYE
• WCA

Facilitation of statutory audits for:

• Companies
• Attorneys Trust Funds
• Estate Agents Trust Funds
• Body Corporates
• Schools
• Home Owners Associations

Every business needs to work towards a target. Management sets the targets or budgets based on prevailing trends and factors relating to the business environment. These are gauges against which one can monitor a business.

Budgets are usually set annually and results are monitored against the budget monthly. Regular budget updates – normally termed forecasts – enhance the budget process by adjusting the original budget in line with changes in market conditions.

We can assist and teach you to learn and use these tools to enhance your business.

On request, we conduct investigations in businesses to ensure sound controls are being applied or determine if fraud or theft is taking place. We conduct investigations in a discrete, confidential and professional manner.

This may be required when your business requires additional financing or has expansion plans. It requires a thorough analysis of the existing and future business and covers aspects such as market share, potential new products and financing.

We can assist you to realistically value your business for selling purposes.

We can assist you to determine your software and hardware requirements, make recommendations, and source and install the necessary hardware and software.

Investment planning involves a qualified financial analyst analysing your needs, recommending where to invest money in line with your risk profile and providing investment return expectations with your future needs in mind. In conjunction with this process, via our tax and legal associations, we can dovetail the investment portfolio with your will and estate to minimise death duty and maximise payouts to beneficiaries.

We have extensive experience in using the Excel spreadsheet programme, which is an ideal tool for forecasting, budgeting and business analysis. We can assist you to link Excel with other software programmes, so you can extract and analyse relevant data.

We act as an impartial business sounding board for entrepreneurs. This service allows you the opportunity to discuss ideas and strategies with experienced people in an objective, confidential environment.

The benefits of outsourcing the financial management aspect of your business:

• Lower overall cost,
• No employment contracts to consider, as the service is provided by an independent practitioner,
• You have more time to focus on the other aspects of your business, whilst you enjoy peace of mind that your financial management is in the hands of a capable professional,
• Regular feedback, coupled with advice based on years of practical experience in the business world,
• Focused financial management,
• Objective feedback with a view to highlighting any business problems and providing practical solutions.

The process is:

• We review the current situation in your business
• Ascertain problem areas
• Highlight ‘problem’ areas for management to address
• Implement the agreed changes
• Follow up on the changes to ensure correct ongoing understanding and application of these changes

Thereafter, you can elect to:

• Have your monthly results prepared by Taylor Fichardt & Associates and/or
• Meet at least quarterly, preferably monthly, to review the business trading results and implement actions to correct any problems identified at these meetings.

This may involve litigation, debt recovery and the drafting and review of contracts, in addition to the general legal advice you may require from time to time.

We are authorised dealers in Pastel solutions, internationally recognised accounting software. We have the authorisation and skills to provide, install and train clients in the use of this software.

We offer the facility to process monthly / weekly payrolls using the Pastel Payroll System. This service includes the production of pay slips and all the necessary statutory payroll reports.

We offer registration services for:

• Closed Corporations
• Companies
• Tax – Companies/CCs/Individuals
• Trusts
• VAT
• Regional Services Council
• Workmen's Compensation
• Unemployment Insurance Fund

Covering possessions, personal accident and life.

You may need specialist reports from time to time that are not included in standard accounting packages. We are able to provide the specialist programming required to tailor your programmes to meet your requirements at a reasonable cost.

We specialise in all aspects relating to tax:

• Preparation of Annual Accounts in the format required by the Receiver of Revenue
• Submission of all documentation for Companies/ CCs/Trusts/Individuals relating to:
• Annual tax returns
• Provisional tax returns
• Queries raised by the Receiver of Revenue

Skills development is important as it gives a return to your business through a more efficient labour force.

We provide training in:

• Microsoft Office
• Pastel Accounting