Bookkeeping:

• AP/AR Management
• Cash Reconciliations (Petty cash & cash collections)
• Bank Reconciliations (Checking and Credit Cards)
• Inventory Management
• Recording and Reconciling Payroll Transactions
• Revenue Reconciliation with Bank Deposits

VAT Services

• VAT registration and Preparation
• Guidance on VAT planning and administration.
• Use of the most suitable scheme.
• VAT control and reconciliation.
• Help with completing VAT returns.

Payroll Management Services

• WPS Processing
• Accurate paydays
• Direct deposit
• Professional payroll processing- pay checks
• Secure employee access to payment records
• Vacation and sick pay tracking
• End of service entitlements calculations

Accounting System & Integration

• Accounting Software Selection and Setup
• Integration with Third-Party Applications
• Training on usage of various Accounting Systems
• Software used: QB/QBO, Xero, Wave, Sage, MYOB, Peachtree, Focus, Facts And Netsuite

CFO Services

• Budgets and Forecasting
• Cash Flow Management
• Key Performance Indicators
• Financial Analysis and Modelling
• Financing
• Special Projects
• Working with Professionals (Bankers, lawyers etc.)

Management Accounts:

• Profit and loss statements
• Balance sheets
• Cash Flows
• Variance reports
• Accruals & prepayment schedules
• Intercompany charges & reconciliations

Cash Flow Management

• Accounts receivable aging reviews
• Budget vs. actual monitoring and reporting
• Forecasts and projections
• Monthly, quarterly and annual budget preparation
• Review inventory level optimization strategies
• Review of use of purchase discounts
• Review order, invoicing and collection systems and processes
• Review purchase order, receiving and payment systems and processes