Accounting and payroll
We prepare and maintain full client accounting and payroll functions through monthly management accounts and annual financial statements from source documents. At Tuffias Sandberg we will complete and submit statutory returns such as VAT and PAYE and compile any other schedules and working papers required for audit.
Monthly Accounting
- Processing from source documents to trial balance
- Monthly management accounts
- Multiple accounting packages – either standalone or cloud-based packages
- Debtors and Creditors reconciliations
- Bank reconciliations
- Maintaining fixed asset registers
Payroll
- Payroll processing on Pastel Payroll, VIP or your own payroll software
- IRP5’s
- Preparation and submission of EMP501 reconciliations
- Electronic distribution of payslips
VAT
- Preparation and submission of VAT returns
- Responding to SARS queries, including requests for supporting documentation
Payroll Returns
- Preparation and submission of PAYE, SDL and UIF returns
- Preparation and submission of EMP501 reconciliations
Annual
- Write-up from source documents to financial statements
- Maintaining fixed asset registers
Financial Statements
- Preparation of financial statements in terms of IFRS, IFRS for SMEs or entity specific framework.
