Frequently asked Questions
There are many accounting firms out there. Choosing the right one can be a tremendous effort – and in the long run your choice could adversely affect your business. To give you peace of mind we have assembled some frequently asked questions to assist you in making the right choice.
What is an outsourced accounting service?
For a fixed monthly fee, we will take care of all your accounting, payroll and tax daily functions. The arrangement is structured to suit each specific client, but the objective is always the same – to give you peace of mind and to provide up to date management accounts. Not only will it afford you more to time to focus on important matters it will also save your business important cashflow.
How does outsourced accounting work?
We discuss your needs, find the best solution for your business and outline the responsibilities Your Accountant will complete to your satisfaction. Every client gets a personal accountant assigned to their portfolio – an accounting contact should any queries or need of assistance arise. Your Accountant will look after your affairs and make sure that all the work that needs to be completed, gets completed accurately on time every time.
What services can be outsourced?
Your Accountant offers all the services expected from a reputable accounting firm. Your monthly package will be tailored according to your needs such as:
- Monthly bookkeeping
- Prepare and submit statutory returns such as EMP201, VAT201, etc
- Payroll services
- Management accounts
- Annual financial statements
- Income tax returns
- Secretarial work including the annual CIPC return
- Any other accounting and tax service that you may require
So let’s talk cost!
Our fees are based on your requirements. What responsibilities you would assign to “Your Accountant” and what skills are involved. The monthly fee will be fixed for a year as per agreement.