Services

Monthly Bookkeeping And Accounting

Do you want to concentrate on making your business a success not spending hours worrying about bookkeeping and balancing spreadsheets, so why not let Conclusive Accounting take away the hassle of the bookkeeping from you.

No job is too small, our competitive rates make it sound so sensible that you wonder why you did not consider it before! Whether you are a sole trader, partnership or limited company, you can outsource your bookkeeping to us and get all the relevant reports you need whenever you need them. It’s simple, efficient, and cost-effective.

 

  • Cash Books
  • Debtors
  • Creditors
  • General Ledger Accounts
  • Monthly Management Reports
  • SARS monthly and annual Submissions
  • Annual Financial Statements Preparation
  • Collection Of Documents
Financial Statements

It is a standard practice for businesses to present financial statements that adhere to generally accepted accounting principles (GAAP), to maintain continuity of information and presentation across international borders. As well, financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing or investing purposes. Financial statements are integral to ensuring accurate and honest accounting for businesses and individuals alike.

 

  • Un Audited Financial Statements
  • Audited Financial Statements
Company Registrations And Amendments

New PTY Company Registrations – There are five types of companies that you can register. If you wish to run a franchise business, you would register a private company. If you wish to register a church, you would register a non-profit company. A private school could be registered as a private company or non-profit company, depending on its objectives. An association of professionals such as lawyers, doctors, civil engineers etc, may be registered as a personal liability company.

NPO Registrations – A non-profit company is a company incorporated for public benefit or other object relating to one or more cultural or social activities, or communal or group interest. The income and property of a non-profit company is not distributable to its incorporators, members, directors, officers or persons relating to any of them and must be used to advance the purpose for which it was created, as set out in its MOI. A non-profit company must have at least three incorporators and three directors and may be registered with or without members. A non-profit company is not required to have members. The members of a non-profit company are persons who participate in the activities of the non-profit company, such as members of a church or a pension fund. Non-profit companies registered without members, may be registered with a standard or a customized Memorandum of Incorporation (MOI)

Shelf CC – A shelf company or “close corporation” is a business entity that was pre-registered. These companies/close corporations have no assets or liabilities and have never conducted business.

Company Restorations – CIPC will only re-instate a company or close corporation if:
The company or close corporation was in business at the time of deregistration (Sufficient documentary evidence in the form of bank statements for a period of six months before and six months after deregistration are required).
Immovable property is registered in the name of the deregistered business; or
The court issued an order re-instating the company or close corporation.

If none of the above can be proven by the documentary evidence, the CIPC will not re-instate the company or close corporation and it is advised that a new company be registered.

  • Company Amendments – We can assist you in any amendments that need to be made to your company, cc or NPO
  • Close Corporation Conversions To A PTY Ltd – A close corporation may have grown substantially and in order to expand even further, an injection of additional capital by way of shareholders may be envisaged.

Or, the CC may find itself competing with large companies (Pty’s) and believe that they too should become a Pty to “even the playing fields” in the eyes of their market / customers. Accordingly they decide to convert their CC to a registered company.

  • CIPC Returns And Submissions – All companies and close corporations are required by law to file their annual returns with CIPC within a certain period of time each year. CIPC uses this information to ensure that it is in possession of the latest information of the company or close corporation and to determine whether the company or close corporation is conducting business activities
South African Revenue Services

We will assist you with the registrations of all SARS requirements.

 

  • We register your company for PAYE, UIF, SDL and Vat.
  • We also register individuals for Income Tax
  • SARS issues very high penalties and interest for late submissions of company tax ( Provisional Tax and IT14 Tax) and Individual Tax .
  • We will assist you with the submissions and calculations of your returns for companies and individuals.
  • Tax Clearance Applications – All companies and Individuals require a Tax Clearance, for tendering, Good Standing, Buying and selling of property or for which ever other reason. We will apply for your tax clearance certificate.
CIDB Registrations

We will assist you in registering your company with CIDB . When your company has been registered and graded by the CIDB, it qualifies to start doing contract work and apply for tenders

Workmens Compensation

Every company that employs 1 or more employees must register with COIDA ( Workmens compensation) and declare the company’s annual payroll every year. Most companies require a letter of good standing before any job commences, which is issued by Workmens Compensation provided that your company is registered and annual returns have been submitted and paid. Should injuries to your employees occur, you can claim through workmens comp.

BEE Certificates
  • EME Level 
  • QSE BEE Certificate and Verification
  • Generic entity 
Payroll Services

We use pastel Payroll and can assist with the weekly, fortnight, and monthly payroll of your staff. We also generate your employee’s IRP5 and IT3A certificates and submissions to SARS.

Backlogs

Many of our clients come to us with boxes and packets of slips etc that needs to be sorted out and to get the company’s books up to date. We specialise in this, and we offer great discounted rates to get your books up to date, and all monthly and annual reports of the financial status of your business all back in order. We also attend to any backlogs with SARS that need to be submitted.