Genacc Accounting & Bookkeeping Services

Genacc Accounting & Bookkeeping Services, is strategically positioned to provide our clients with the finest range of specialised financial services

Our services include a high level financial management service which enables smaller/medium sized companies or individuals who have in the past not been able to afford or justify a full time financial manager, with a financial manager for a fixed number of days a month or at an hourly fee, on a basis of only paying for the hours of service required by you or your company. This service offers flexibility and is also ideal for special requirements.

ACCOUNTING

Accounting services are available on a monthly basis or any other required period, whether it is a sole trader, partnership, limited company, or any other type of entity.

These accounting functions are done for all business.

reconciliation of the general ledger
customers, supplier’s ledgers
fixed asset registers
compiling annual financial statements

BOOKKEEPING

Bookkeeping is an essential part of the financial management and accountability of any business.

Genacc Accounting & Bookkeeping services will take care of your bookkeeping needs

generating invoices
processing bank statements
sending out customer statements
calculating VAT liabilities etc. as required
assistance in supervising bookkeeping staff
payroll functions

PAYROLL

We will collect (via electronic means) approved timesheets, from which we will be able to calculate payroll tax and generate payslips.
A Monthly Payroll report will be send to you for review and for the approval of PAYE payments to SARS.
We also provide services for the calculation and submitting of bi-annual reconciliations from which we will be able to generate IRP 5 Certificates.

TAXATION

We offer assistance with:

Corporate Taxation
Personal Taxation

All Taxation Administration:

SARS Audits
Appeal
Alternative Dispute Resolution
Summonses
Tax Clearance Certificates
Tax Directives
VAT Submissions
PAYE Submissions

Registration with authorities:

Receiver of Revenue for Income Tax Purposes
Receiver of Revenue for Registration as Employer
Receiver of Revenue for VAT purposes
Workmen’s Compensation Commissioner
Unemployment Insurance Fund

Other

In addition we can assist with:

Company Registration
CIPC Annual Returns
Annual Returns Taxation Registration
De-Registrations