Accounting services provide varying degrees of payroll services that include preparing payroll, calculating taxes and other withholding and issuing checks. Customers can also outsource filing of payroll taxes, calculate and record 401(k) deductions or other employee benefits.
Accounting Services In South Africa
We make use of Pastel Accounting and VIP payroll to assist our clients with the accounting services needs. These two products assist us to help client on the various aspects of the accounting and tax compliant needs.
The typicle monthly accounting client with us will be assisted with the following accounting services:
1. MONTHLY ACCOUNTING PROCESSING
- Processing of financial information (invoice, bank statements, petty cash, etc) on Pastel accounting
- Completion of the VAT return on a bi-monthly basis (VAT201)
- Management accounts as and when needed for review and finance purposes.
2. PAYROLL ADMINISTRATION
- Weekly or fortnightly wages and monthly salaries on VIP payroll
- Providing the client with a pay list for the amounts payable to all employees for the week, fortnight or month.
- Submitting movement of employees to the UIF office
- Completion of the PAYE return on a monthly basis (EMP201)
- IRP reconciliation every six months for the periods ending August and February.
3. INCOME TAX AND FINANCIAL STATEMENTS
- We submit the provisional tax returns for the company and directors every six months for the periods ending August and February.
- Compile Annual Financial statements at year end for the company and its directors.
- Submission of the income tax returns for the company and directors.
We see the need increase for up to date monthly management reports every day.
Two of the most popular reasons are the following:
1. Directors need up to date figures to make decisions in a fast changing economy and business evironment. Accounts receivable, Accounts payable, bank balance and inventory is all important figures to have available.
2. Most finance application need up to date management accounts.
Thank you for visiting our home page and for taking the time to read through the information. In order to assist you and working out a monthly fee please complete the enquiry form below.
We are currently members of the Institute of Accounting & Commerce & South African Institute of Tax Practitioners. (The principle director JN Basson are registered with the Institute of Accounting and Commerce with practice number AO652993.)
Monthly Accounting Services In South Africa
Monthly Bookkeeping
Monthly Income Statement
Monthly Balance Sheet
SARS Income Tax Returns in August, February and July
Annual Tax Clearance Certificate from SARS
VAT Maintenance Plan, if required
Annual Financial Statements, if required
Monthly Payroll, if required
Accounting Officer / Accountant Letter, if required
Benefits of Accounting Services In South Africa
1. Cost Effective Accounting Services. Affordable Packages from only R299 per month. Contact us today to receive a competitive quote, and see why hundreds of Businesses are already using us.
2. In the Cloud. Your Business can be located anywhere in South Africa – great service is guaranteed. Your Accounting Software can be accessed from anywhere.
3. Experts. You will receive ongoing Support from our Registered Accountants and Tax Practitioners (SAIBA/SAIT). You can also visit us in Johannesburg, but if you live outside of Gauteng – it is no problem, no visit is required.
4. Flexibility. No matter how big or small your Business – our contract with you is month-to-month and can thus be adjusted any time.
How much does an accountant cost in South Africa?
The most common fee for an IT12 is R350 per hour. Firms that provide payroll services to their clients, charge on average R305 per hour/item for this service. At most, a client would have to pay R36,000 per month for payroll services
How much do bookkeepers charge per hour in South Africa?
Certified Bookkeeper (CB) Jobs by Hourly Rate
| Job Title | Range | Average |
|---|---|---|
| Job Title:Bookkeeper | Range:R40 – R251 | Average:R107 |
| Senior Bookkeeper | Range:R78 – R309 | Average:R150 |
| Junior Bookkeeper | Range:R29 – R110 | Average:R47 |
| Financial Administrator | Range:R0 – R0 (Estimated *) | Average:R125 |
How much does a junior accountant earn in South Africa?
The average junior accountant salary in South Africa is R 240 000 per year or R 123 per hour. Entry-level positions start at R 180 000 per year, while most experienced workers make up to R 2 304 600 per year.