Accounting services is defined as establishing a system and processes to aid in the gathering of business information in a format that is capable of efficiently measuring and communicating the performance of the business.

Most business owners start out with a common problem, a headache from managing their own books. When a small business owner outsources his/her accounting needs, they can devote more time to other aspects of the business. Accountants are also more familiar with accounting practices and can save your company money by making sure invoices are done properly, everything is accounted for, and can even find tax exemptions.

Produce the following at a frequency of your choice:

• Balance Sheet, Income Statement and Cash Flow Statements.
• Full details of Journal Entries and Adjustments.
• Bank and Credit Card Reconciliation.
• Inventory Control and Reconciliation.(Stock Control).
• Accounts Receivable Control and Reconciliation.(Debtors Control).
• Accounts Payable Control and Reconciliation. (Creditors Control).
• Payroll Control.
• VAT, PAYE, UIF, SDL, WCA Calculations and Submissions.
• Cash Flow Projections.
• Financial Statement Analysis presented on a one page excel dashboard.

Poor financial management is one of the main reasons why businesses fail. You need to have a grasp of the basic principles of your entities financial projections. Cash is the lifeblood of any business. Cash inflows and outflows occur at different times. Managing the timing of these inflows and outflows will determine whether the entity will survive or not.

These models will assist you in ensuring that your enterprise can meet it's cashflow requirements.

Once you have completed your financial projection model, you will have created a projected:

• Cash Flow Statement.
• Income Statement.
• Balance Sheet.

NOTE: To perform our services, we will need to obtain information on a timely and periodic basis from your company.

You will understand the relevance of each key management control in place and be able to talk confidently about the current performance and planned improvements.

You will know whether the business is profitable or not at the end of a specific trading period and will have the exact  value of the assets and liabilities of your business at a specific date which makes it much easier when negotiating for additional investment or credit facilities.