BOOKKEEPING

 

Bookkeeping isn’t just an important part of running a business, it’s also a legal obligation, which cannot be ignored.  If handled without the respect it demands, you’d be in for some nasty surprises.

As the proud owner of a small to medium sized business you no doubt  already know how important accurate financial records are to the success of your business.  The difference between a thriving business and an endless money pit, is through obtaining a healthy balance between income and expenditure and the time-consuming but accurate recording thereof.

Appointing a reliable bookkeeping service provider to handle your company’s financial affairs is fundamental to the success of your business, ensuring that you avoid unnecessary penalties and interest associated with non-compliance.

These penalties can be extremely damaging to the success of any company, no matter the size. By utlising our outsourced bookkeeping services, you will not only free up valuable employee resources but also save a significant amounts of revenue that can be employed elsewhere in your business.

A full time bookkeeper can be a costly exercise - which is why CommonCents Solutions offer a comprehensive service, to all our clients, structured to meet your financial needs.

We fully understand just how important your business is to you, which is why outsourcing your company's financial affairs will aid you not only by providing you with a cost effective alternative to hiring a full time bookkeeper, you will also be awarded with a professional, efficient team who will handle the A-Z of all your bookkeeping needs.

Services Included:

  • Sorting of source documents
  • Recording and posting cash, credit and sundry transactions to bookkeeping system
  • Accounts Payable, Accounts Receivable, Credit Card, Bank and general ledger reconciliations
  • Sending electronic statements to Customers
  • Trail Balance
  • VAT Reconciliation and Submissions

Services

Payroll

 

Running a successful business entails keeping on top and ahead of what is happening within your business, and outsourcing your company’s payroll to a professional payroll service company, can take a lot off your shoulders, bringing you peace of mind.

Knowing that  your payroll is fully compliant, and all administration is up to date, is a relief in itself.

Not all companies have the manpower or know-how to process their salaries and wages effectively, nor do most have the finances to purchase licensed payroll software.  

With over 15 years experience, CommonCents Solutions will ensure that your payroll is professionally processed, fully compliant, and submitted on time, using licensed payroll software.  Allowing you time to focus on your business, knowing that your Payroll is efficiently, confidentially and legally handled by an experienced Payroll partner.

Not only is outsourcing your payroll to CommonCents Solutions a cost effective alternative to hiring a full time payroll administrator, you will also be awarded with a professional, efficient team who will handle the A-Z of all your monthly payroll and statutory obligations.

 

        Services Included:

  • Weekly, fortnightly and monthly payroll
  • Electronic and printed payslips if required
  • PAYE / SDL / UIF (EMP201) returns
  • Monthly submissions to the Department of Labour
  • Application for tax directives
  • Issuing of annual IRP5 / IT3a Certificates
  • Annual online EMP501 reconciliations
  • Submitting 3rd party returns
  • Online claims, overtime and leave applications and payslips
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