We provide the following monthly accounting services:
- Ensure opening balances are corrected from prior year financial statements.
- Capturing of every line item from bank statements and supplier invoices.
- Ensure VAT is correctly dealt with on every transaction.
- Monthly bank reconciliation.
- VAT reconciliation after every month to ensure sales agree to what is declared to SARS.
- Ensure correct vat codes are used when capturing to report to SARS when submitting VAT or Income tax forms (According to SARS specifications)
- Trial balance, income statement and balance sheet are prepared every month for analysis/cash flow purposes.
- Preparation and submission of VAT 201 to SARS and payment of VAT to SARS before deadline date every month.
- Setup of VAT profile on e-filing
- Setup and maintenance of the asset register
6 Elephant Rd, Monument Park, Pretoria, 0181
