WE OFFER FULL RANGE OF ACCOUNTING AND BOOKKEEPING SERVICES

We offer monthly accounting and bookkeeping services, accounting records, books to balance sheet, cash management etc.

Monthly Bookkeeping (PTY) Ltd

Individuals, Close corporations, Companies, Trusts and Sole Proprietors

Accounting records

Capturing of source documents - Suppliers Invoices, Debit Notes, Customers Invoices, Credit Notes, Stock, Inventory and Bank Statement Reconciliations, Loan Accounts and all General Ledger Accounts

Accounts Payable

Suppliers

Accounts Receivable

Customers

Books to Balance Sheet

Trail Balance included

Cash Management - Cash Flow - Budgets

We can set up an simple, manageable cash flow spreadsheet, which you can use to make daily and monthly “cash in” and “cash out” decisions. This will help you control spending and always keep your bank manager happy.

Setting up of filing systems for your business

We can give you advice on how to maintain an easy filing system to ensure a stress free audit and accessibility for years to come.

Drafting and Preparation of Reports on Internal Controls

Debtors and Creditors Age Analysis, Inventory Valuation, Income Statements etc

Assist in Budgeting

Yearly and Quarterly Projections thereof

Fixed Asset Register

Keep record of old and new assets, Do depreciation of Assets

Drafting and Preparation of Management Reports, Interim and annual Financial Statements

Ensuring accurate financial reports you can use to make sound financial decisions

Services as an Accounting Officer in respect of Close Corporation Act, No.69 of 1984

We register ourselves as your accounting officer and ensure all queries from different institutions are dealt with on a professional manner.

Appointment of a Public Officer

An Public Officer will be appointed to help you deal with queries.

Individuals and E-Filing

Individuals that earns over R60 000 per year needs to register with SARS and their TAX filings needs to be done timorously. With the extreme penalties and Interests SARS have enforces, no person can afford to not make due on the “friendly requests” to file their taxes. We make this an easy process and will make sure your Taxes a filed correctly and on time.

Filing your turnover on a yearly basis with CIPC

CIPC has a yearly annual turnover filing that is vital to be done. If left unattended, your CC or PTY can be de-registered. This can have catastrophic consequences. We make sure your Annual Turnover figures are filed on time. If your company are in a process of de-registration, please contact us immediately so we can stop the process. If you do not know if your business is “safe” and if the annual filings was done, we can get the info for you and get you piece of mind.

 

We can help put procedures in place. We can set up systems and show you how to maintain them. Income Statement, Balance Sheet, Asset List, accounting etc

 

BENEFITS FOR SMALL AND LARGE BUSINESSES

Smit & Sons Finance Accountants is a successful accounting and tax preparation service in Cape Town, South Africa owned and run by Sandra Smit. The firm offers Management accounting, Tax accounting, Pastel Books set-up and training for small business clients and sole proprietors. Smit and Sons can offer clients Bookkeeping and Accounting services with the oversight of a CPA at a price they can afford. This will allow business owners to not only save money over in-house accounting and ensure their compliance with tax laws, but to make valuable and sound management decisions.

Please contact us if we can be of assistance to you.