Frequently Asked Questions

1. What accounting services do you offer?
We provide comprehensive accounting services, including bookkeeping, financial reporting, budgeting, and financial analysis, tailored to meet the specific needs of your business. We also assist with company start-ups, CIPC services, reporting and ad hoc assistance for things like admin backlogs and execution procedures for audit firms.

 

2. What’s the difference between accounting and bookkeeping?
Bookkeeping records daily transactions, while accounting interprets and reports them. We handle both for accurate financial clarity.

 

3.  Do I need an accountant for my small business in South Africa?
Yes. Professional accounting ensures compliance and better financial decisions for your business.

 

4. Can you help with once-off accounting tasks?
Absolutely. We offer flexible once-off services for admin or bookkeeping backlogs, urgent reports, or specific tasks.

 

5. What are annual returns and when must they be filed?
Annual returns confirm your company’s CIPC status and must be filed yearly, on the anniversary of your company.

 

6. What happens if I miss my CIPC annual return deadline?
Penalties or deregistration may occur. We help you catch up and stay compliant.

 

7. Can you assist with updating CIPC details?
Yes, we can assist with changes in your company’s address or director’s changes.

 

8. What services do you offer to start-ups?
We provide assistance with company registrations with CIPC, start-up advisory, accounting software setup, and financial reporting support.

 

9. Can you implement accounting software like Sage, Xero, or QuickBooks?
Yes, we assist with the setup and customisation of the software you need.

 

10. What is Microsoft BI reporting and how can it help my business?
BI reporting turns financial data into clear dashboards, helping you track performance and make informed decisions.

 

11. How can you assist audit firms?
We help audit teams with execution procedures and extra support during busy periods.

 

12. Can I hire you just for a once-off task?
Yes. We offer once-off solutions for urgent or specific business needs.

 

13. Do you work with businesses across South Africa?
Yes. We assist clients nationwide using digital tools and cloud accounting systems.

 

14. Do you provide review and oversight assistance?
Yes. We provide expert oversight and guidance, checking your accounting, reporting, and compliance work for accuracy—perfect if you do most of the work but want a second layer of assurance.

15. Do you provide management and financial reports?
We assist with developing tailored reports that provide insights into your business's financial health, aiding in informed decision-making.