Accounting Services
Financial Management Accounting
Accounting
This includes:
- Preparing Annual Financial Statements
- Perform functions up to Trial Balance
- Bank reconciliation
- Preparing cashflow forecasting, projections and budgets
- Maintaining Asset Register
- Designing accounting systems and implementing internal controls
- Processing financial transactions manually and using accounting systems
AUDITING AND REVIEWS
- Assurance and non-assurance services
- Auditing of annual financial statements
- Auditing of trust accounts
- Reviewing Annual Financial Statements
- Non-assurance investigations
CRASH CLEAN UPS AND PROJECT WORK
Many businesses suffer from mismanaged and messy accounting systems. KMBFS Accountants can clean up your accounts as required after being neglected by ineffective systems. This is crucial to ensure your business maintains accurate accounting records. We can assist in getting you up to date and compliant with SARS capturing of back dated bulk information, systems implementation.
SARS AUDITS
If you are in an unfortunate situation where SARS has selected your company for an audit we can assist you by:
- Preparing your accounts for audit, dealing directly with the SARS auditors handling any queries or follow ups, planning to ensure the SARS Audit goes smoothly.
ADMINISTRATION
- Filing supporting documents
- Maintaining a user-friendly admin system
- Capturing data on external systems
- Preparing documents and filing applications
- Preparing/Drafting agreements and contracts
- Communicating with external parties (Banks/Suppliers/Customers/auditors/other)
- Keep records and reports up to date
- Answering phones and scheduling meetings
- Maintaining CSD, COIDA and CIDB accounts
- Preparing files required for external audits
PROJECT WORK
- Assisting with work loads and backdated transactions during busy seasons or audit period.
- Assisting with backlogs in administration, accounting and tax functions.
- Assisting with the preparation of tax pack during tax seasons.
- Assisting with daily function when an employees is on Maternity leave
HUMAN RESOURCE SERVICES
- Recruitments/Appointments of new employees
- Policies and procedures
- Work skill plan
- Disciplinary action
- Code of Conduct
- Preparing for CCMA
- Labour relations
- Compliance with department of labour
- Occupational Health and safety (SAQA)
- Compliance with POPI act
- Employee support
OUR TAXATION SERVICES
Our Taxation Division assists individuals and businesses with the following:
- Annual income tax returns (ITR14/ITR12)
- VAT Returns (VAT201)
- Payroll taxes (EMP201/EMP502/SDL/UIF)
- Dividends Tax
- Donations Tax
- Capital Gains Tax
- Turnover Tax
- Resolving SARS queries and issued assessments
- Filing disputes
- Requesting payments arrangement
- Responding to SARS letters of demand
OTHER SERVICES
- Company registrations
- CIPC amendments
- New bank account
- Liquidation
- Trust registrations
- BEE Certificates