Services
Financial Accounting & Bookkeeping Service
Financial
Accounting
Tax
services
Review Engagements
Payroll Services
CIPC Services
Pastel
Support
Accounting
We offer accurate, timely bookkeeping to keep financial records organised and provide a clear view of your business’s financial health.
Our financial accounting and management services provide reports and analysis to help businesses make informed decisions and maintain control of their finances.
Our accounting and bookkeeping services are designed to assist new or existing businesses with solutions based on their individual requirements.
Our services include the following:
- Monthly processing of financial transactions for non-vat registered companies.
- Monthly processing of financial transactions for vat registered companies.
- Daily processing of financial transactions. Organising and recording receipts, slips, transactions, invoices, payments etc.
- Company Provisional Tax, Annual Tax and VAT (For CC’s, Pty Ltd, Sole Proprieters)
- Monthly management reports
- Compilation of Annual Financial Statements
- Preparation for audit and year end
Tax
We offer you comprehensive tax services, from registration to the calculation and submission of returns. These solutions are provided so that you are able to focus on what you’re good at, we’ve got the rest covered.
We can assist you with:
- Applying for Tax Clearance certificates.
- Completion and Submission of Income Tax returns for Individuals and Companies both Annual and Provisional tax returns.
- Reviewing of assessments issued by South African Revenue Services to ensure that they are accurate.
- Registration for VAT and monthly or bi-monthly submission of Value Added Tax (VAT) Returns
Payroll Services
We manage payroll efficiently and accurately, handling salaries, deductions, compliance, and reporting to ensure employees are paid correctly and on time.
- Registering the company with SARS for PAYE, UIF and SDL.
- Registration with UIF and COIDA
- Employee income tax registration
- Full setup of staff complement on SAGE Business Cloud Professional
- Payroll calculations for employees
- Monthly payslips and IRP5 for employees
- Monthly submission of EMP201
- Bi-Annual reconciliation & submission of EMP501
Review Engagements
An Independent Review is an alternative to assurance engagement where the independent reviewer provides limited assurance on a set of annual financial statements; as compared to that of the reasonable assurance provided by the external auditor.
Review engagements are a cost effective and value-adding alternative when an audit is not required. We offer clients this alternative, with professional experience and knowledge on our side.
CIPC Services
We provide secretarial support including company registrations, amendments, annual returns, and compliance filings to keep your business legally compliant and
properly managed.
Payroll services and support include the following:
- Annual Return – financial accountability statement & Beneficial
Ownership Declaration - Beneficial Ownership Declaration (1st Declaration)
- Amendment to company directors/close corporation members
(CoR39/CK2) - Amendment to company/close corporation registered address
- Name Reservation
- Private company registration (standard MOI)
- Amendment to Memorandum of Incorporation (MOI)
Pastel Support
At Accounting Practical Solutions, we add to our existing client service offering by assisting businesses with Sage Pastel installation and support services.
By uplifting our clients through systems support, we believe that we can improve operations and create greater sustainability.