Local Services are available in South Africa - KwaZulu Natal
About us …
Our mission is to provide each client with a tailor-made, professional, timely and comprehensive accounting service, using a balance of innovation and practicality.
With experience of 14 years in the fields of corporate financial management, small business ownership and local government finance we are able to share our knowledge with business owners.
Solutions offered …
- Accounting
- Bookkeeping
- Taxation
- Payroll
- Other Services
Accounting and Accounts Preparation
Our accounting services establish the systems and processes to aid in the gathering of business information in a format that is capable of efficiently measuring and communicating the performance of the business.
Preparing accounts when you work for yourself can be time consuming. With support from Niche Accounting Solutions this process can be simple and efficient.
We provide solutions that meet your accounting needs. Whether you need us to structure or design a complete and comprehensive accounting system or take over an existing accounting process, we will take the time to fully understand your business and provide the services you need.
We will prepare your accounts explaining clearly how we arrived at the figures and produce the following on a monthly basis:
- Balance Sheet, Income Statement and Cash Flow Statements.
- Full details of Journal Entries and Adjustments.
- Bank and Credit Card Reconciliations.
- Inventory Control and Reconciliation (Stock Control).
- Accounts Receivable Control and Reconciliation (Debtors Control).
- Accounts Payable Control and Reconciliation (Creditors Control).
- Payroll Control.
- VAT, PAYE, UIF, SDL, WCA Calculations and Submissions.
- Cash Flow Projections.
- Online access to your financial reports and cash flows
Bookkeeping
The recording of your company's financial transactions is the basis upon which the Accounting, Taxation and Payroll elements of our services are based.
When a business owner outsources his/her bookkeeping needs, they can devote more time to the running of the business. Niche Accounting Solutions can advise you of a practical and suitable system tailor-made for your company needs.
Our bookkeeping services include:
The bookkeeping solutions available to meet your specific needs are:
- Implementing an accounting system
- Installation of accounting software
- Set-up of a chart of accounts specific to your business needs
- Developing an accounting procedures manual specific to your business
- Accounts receivable
- Accounts payable
- Bank reconciliation
- Trial Balance
The bookkeeping solutions available to meet your specific needs are:
- To have a computerised accounting system on your premises and do your own capturing of all source documents which we will oversee and check each month,
- To have a the computerised accounting system on your premises and we visit as required (daily, weekly, monthly) and do the capturing of all source documents,
- To host the computerised accounting system at our office (we collect your bookkeeping information such as; cheque stubs, bank statements, Invoices, Cash Receipts, Deposits and Payroll Records) where all the source documents are captured. With this solution you receive everything back filed in a complete and well organized manner.
Taxation and Statutory Returns
The different forms of taxation can be complex and need to be done on time, accurately and in accordance with current legislation. Niche Accounting Solutions can lighten the load by completing all your statutory returns, this includes:
- VAT
- Personal Tax returns
- Company Tax returns
- Provisional Tax returns
- Workman’s Compensation returns
- Dividends Tax returns
- Skills and Employment Equity returns
- CIPRO Annual return for CC’s and companies
- Stats SA Annual returns
We are able to assist and help you prepare should you be audited by SARS for any of the above returns.
Payroll
Having staff obliges your business to deal with the varied items of legislation that control the workplace. Wouldn’t you like us to take this burden off your shoulders?
Niche Accounting Solutions provides solutions whereby your staff will have their salaries calculated on a monthly basis, as well as providing you with payslips, a summary of the payroll run, leave reports and all statutory reports. Niche Accounting Solutions will complete the monthly EMP201, UIF declaration and process your end of year EMP501 return and IRP5/IT3A’s.
Other Services
We are able to assist with the following registrations:
- Personal Tax
- Trust’s
- Close Corporations
- VAT
- PAYE, UIF, SDL
- UIF
- Workman’s Compensation
Other services available on request with a fee to be determined as to the complexity are:
- Business Plans (including a full costing model, break even analysis and funding requirements analysis). The business plan will also assist in facilitating financing requests from financial institutions.
