Services | Precision Accounting

OUR SERVICES

1. Accounting & Bookkeeping

Our accounting division covers all accounting functions required in running an effective business. Our services include the following:

Bookkeeping – source document to trial balance.
Preparations of annual financial statements.
Preparation of management accounts – monthly, quarterly as well as annual.
Books for schools, NPO’s, Creches, etc.

2. Taxation

We offer comprehensive tax services to our clients to ensure compliance with all South African Revenue Services requirements. Our tax services include the following:

Tax planning and advisory.
Preparation and submission of VAT returns.
Preparation and submission of provisional tax returns.
Preparation and submission of income tax returns (individuals and companies).
Preparation and submission of PAYE returns and reconciliation.
Registrations (all tax types) and clearance.
All other tax preparations, submissions and query resolution.

3. Payroll

Our payroll services can be offered as a full payroll function or parts, thereof depending on the client's preference. Our payroll services includes the following:

Payroll preparation & processing and payslips.
Preparation and submission of all statutory returns – SARS and UIF.
Preparation and submission of statutory reconciliations (IRP5’s) – SARS.
Payroll reports.
Payroll / Employee benefit department set-up.

4. Business Consulting

Our business consulting division brings the team's combined considerable and experience to good use in developing toiler-made business solutions for our clients. Some of the services we offer under business consulting include the following:

Supply chain procedures and process enhancement.
Internal control design.
Design and implementation of accounting systems and processes.
Due diligence study, business valuations, structuring and re-structuring.
Business diagnosis, solutions design and implementation services.

5. Company Secretariat

Our company secretariat division offers various services to ensure compliance with the companies act as well as ensuring that our clients are properly organized. These services include:

Company registrations and CIPC returns submissions.
B-BBEE certificates / sworn affidavit – exempt micro enterprises.
Shareholder agreements and share certificates.
Trust administration / secretariat services.
Governance structures services – boards and board committees.
Beneficial ownership.
CSD registration.
COIDA registration.
COIDA letter of good standing.
CIDB registration.
Other secretariat and governance services.