Accounting Service

Unleash the power of your strategic processes through our accounting services

As a business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!

We use Quick Books Onine which is the worlds number one online accounting software for SME’s.  Some of the tasks undertaken are:

DATA ENTRY – This can be tailored to meet the specific needs of your business. Data entry can be done on a daily, weekly or monthly basis. The service can also be provided either on site or off site according to your requirements.

BANK RECONCILIATION –  This will be done monthly. It helps to Identify lost cheques, lost deposits and unauthorised transactions. Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank. Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank.

GENERAL LEDGER – is the core of your company’s financial records. These records constitute the central “books” of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books. The accounting software will manage your general ledger each month. This allows us to monitor any discrepancies such as double billings or any unrecorded payments. We will ensure that the general ledger is complete and reliable at all times.

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Accounting

REPORTS – Some of the reports generated are:

  • Profit and Loss statement with ratio analysis and comparisons with previous accounting period.
  • Balance Sheet with comparatives and complete with ratio analysis
  • Customer statements with ageing summary either in local currency and foreign currency.
  • Trade Debtors Ageing report
  • Trade Creditors Ageing report
  • Inventory valuation report
  • Customised reports to meet your specific needs
  • Preparation of year end reports and liaison for statutory audit


CASH FLOW MANAGEMENT – managing Cash Flow is an intergal part of the financial management system of any organisation. The systems we implement together with the Quick Books Accountig Software will be able to generate reports on a real time basis to plan your cash flow. 

Statements to customers can be sent out promptly, reminders to customers are be issued just on a click of a button. You can easily analyze you good paying customers and strategise the credit terms you extend to your customers. 

ACCOUNTS PAYABLE – When you pay your suppliers is equally important in maintaining your reputation as a good customer and to be able to negotiate better credit terms. The Accounts Payable system generates reports and prompts reminders for settlement to creditors. 

The Accounting solution that we propose is a complete, comprehensive and integrated solution which helps you make strategic decisions based on accurate, reliable and real time information. In addition all of the information is available across all devices from any location. So if you are with your customer you will be able to access information on stock levels, amount owing by the customer and much more.

Why limit yourself only to our top level Accounting service. Together with our Payroll, taxation, auditing and financial services you will have an entire team of experts at your service.

GRAPHICAL REPORTS – Generally senior management will be more focussed on making strategic decisions and to inspire the sub-ordinates. You may not want to spend your time looking at details. This too is taken care of. There is a wide range of graphical reports which are presented in a clear and consice manner. Income reports, growth reports, profitability reports and much more which can be converted to slides for presentation during management meetings. These are very useful tools which will be at your disposal with a click of a button.

Get in touch with us and we will be happy to listen to your plans and visions and customise a solution to meet all of your needs.