Accounting & Payroll in Durban
Accounting
Our objective is simple: timely, meaningful information on which sound business decisions can be made. We keep accounting records for small and medium businesses across Durban, overseen by Chartered Accountants.
- Bookkeeping and processing of your ledgers: general ledger, debtors, creditors, inventory, cash books, purchase orders and multi-currency
- Monthly management reports: income statement, balance sheet and debtors’ age analysis, compared to budget
- Annual financial statements and the year-end process
- Budgets and practical benchmarks, with regular reporting against them
- A monthly review of the systems your own staff run, if you prefer to keep bookkeeping in-house
- Help setting up a new business: company registration, SARS registrations and a chart of accounts that works
Payroll
We can run your salaries and wages from start to finish, or review the payroll your own team processes. Either way, your employees are paid on time and your employer obligations to SARS and the Department of Employment and Labour are met.
- Monthly payroll processing, payslips and salary payments
- Monthly PAYE, UIF and SDL submissions and payments to SARS (EMP201)
- UIF declarations to the Department of Employment and Labour
- Twice-yearly employer reconciliations (EMP501) and IRP5 tax certificates
- Employment Tax Incentive (ETI) claims where you qualify
- Pension, provident fund and other deductions
- Starters, leavers and year-end, handled without the scramble
Accounting, payroll and tax under one roof
Because we keep your books and run your payroll, your tax returns, VAT and provisional tax are prepared from figures we already know. That means fewer questions, fewer surprises and one team that understands your whole business.
What business owners say
We were initially working with Accumin solely for payroll services, but we soon moved all our accounting, admin and tax requirements across to them due to their exceptional service. We now view Accumin as our partners in business & knowing that they’ve got all our bases covered from a SARS and admin point of view gives us invaluable peace of mind and more time to focus on growing our business.
Accumin, always willing to advise and go the extra mile. The team is amazing and always deliver the service we require as a business. Best decision I made as an owner, getting the best accountants around.
Frequently asked questions
Can you work with the accounting system we already use?
Yes. In-house we use Sage for accounting and Pastel for payroll, but we are just as happy to work in the software you already use, or to review the books you keep yourself every month and prepare your management reports from them.
What is in a monthly management report?
An income statement, a balance sheet and a debtors’ age analysis, with the month and year-to-date results compared to budget where there is one, plus our comments and recommendations. It gives you timely, meaningful information for decisions, not just a set of numbers.
Do you only do payroll, or does it have to be the full service?
Either. Several clients started with payroll only, then moved their accounting and tax to us later. We can also review payroll your own staff process.
We are starting a new business. Can you help with the setup?
Yes. Starting a business is hard enough without the paperwork. We can help register the company, set up your SARS registrations and get your books and payroll running properly from the first month.
Will I understand my accounts?
That is the idea. Our goal is to make accounting affordable and understandable, so our team explains your numbers in plain language without the jargon.
Get in touch
Your Company, Our Expertise
Where to find us
Contact
- Address44 Lena Ahrens Road, Bulwer, Durban, 4083.
- Phone031 261 8260
- Emailinfo@accumin.co.za