Accounting, Bookkeeping, Audit & Payroll
Accounting, Bookkeeping, Audit & Payroll
Reduce your financial stress by outsourcing Bookkeeping, Accounts & Payroll
Accounting and Bookkeeping
What is it? Why is it necessary? The accounting function is pivotal in any business.
It is the process of collating, classifying and processing raw data and converting it into a format that is usable by different parties such as SARS, banks and other 3rd parties. A professionally curated set of financial statements that is compliant with IFRS (International Financial Reporting Standards) sets the precedence when being reviewed by 3rd parties. At Fintax Services, we aim to utilize our depths of knowledge and experience gained over the decades to facilitate this process and ensure that our stakeholders are presented with a set of records (financial statements, management reports and cash flow statements) that comply with industry standards. We aim to blend the use of technology with our market experience as well as our detailed knowledge of each client to assist us in our preparation. Our professional team leaves no stone unturned in ensuring that our clients big and small benefit from our expertise and experience.
Audit
Why do we have audits?
The modern world has seen the advent of a plethora of fraudulent activities. Audits ensure that entities comply with the required legislations and that all documents / transactions are correct. Poor controls in general can be to the detriment of any business, and can result in an unfavourable outcome. Our function is to ensure that the entity complies with the necessary statutes as well as collate all data and compile the necessary documents in a manner so as to facilitate a seamless audit process.
Outsourced Payroll
Why is payroll so important?
The administration of payroll entails the process of collating relevant information such as income, deductions, leave, etc. and utilizing this to perform calculations such as nett pay, PAYE payable, retrenchment pay, etc. The use of payroll software ensures that payslips produced are compliant with the mandatory statutory regulations. In addition, payroll taxes are automatically calculated which facilitates a seamless submission process to the relevant bodies. All submissions are enabled with ease and efficiency.
