OUR SERVICES
Our range of core services include:
Outsourced CFO/Advisory Business Consulting Services, Accounting & Accounting Automation, Taxation & Tax Planning, Payroll Administration, Company Statutory Compliance & Secretarial Services, Trusts, Wills & Estates.
Outsourced CFO / Advisory Business Consulting Services
BesterCo can add true value by also offering senior financial expertise in the form of a part-time CFO in your business. This allows your business to benefit from the experience of a senior financial companion, without adding the costs of employing a full-time CFO.
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Our seasoned senior financial consultant will become your finance go-to guy, a financial companion that can assist by playing the role of active CFO. With over 20 years’ experience in executive financial roles, Hannes will bring valuable financial experience to the table that will be a true game-changer to any small to medium sized business. Let BesterCo assist you with strategic financial planning as well as other important financial aspects of your business.
Accounting &
Accounting Automation Services
Proper financial accounting and controls is one of the most important boxes to tick in the journey to building a profitable, sustainable business. BesterCo can provide you with the services of a well-oiled outsourced finance department, providing the following services:
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Monthly accounting services - completing accounting entries from source documents up to trial balance, bank reconciliation, debtors and creditors processing and reconciliations, debtors and creditors age analysis, income statements and balance sheet, fixed asset register maintenance, adjusting journals and monthly management reports.
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Compilation of annual financial statements - Financial statements are one of the most important annual reports for your company. Annual financial statements provide users with quantitative data regarding specific aspects of the entity’s financial performance. Financial statements also include figures from the prior fiscal year for users to be able to compare performance and financial records over two years. In addition to this, companies all need a set of Annual Financial Statements which tells a story of your company’s financial performance.
Taxation &
Tax Planning
Tax planning is the analysis of a financial situation or plan to ensure that all elements work together to allow you to pay the lowest taxes legally possible. Tax planning should be an essential part of any company or individual’s financial planning.
Hannes from BesterCo is a Chartered account with over 25 years experience in the industry. This is invaluable experience when it comes to tax planning, structures and general planning for taxation.
BesterCo does not seek to replace the service your book keeper renders in filing your returns, we simply assist clients to minimise the tax payable within the framework of the law. This process is ongoing and most value will be achieved if this is done on a continues basis and not a few days before the year end.
Give us a call and find out how we can assist you in improving your tax efficiency.
Payroll Administration
Allow BesterCo to assist you with running a smooth and compliant payroll operation. We can assist with the following Payroll functions on an ongoing basis:
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SARS registration for PAYE, UIF and SDL
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Workmen’s Compensation registration
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Employer registration with the Department of Labour
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Processing of payrolls and issuing employee pay slips
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Calculation and submission of monthly PAYE, UIF and SDL (EMP201) to SARS
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Submission of monthly UIF declarations (UI-19) to the Department of Labour
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Bi-annual reconciliation and submission (EMP501)
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Annual issuing of IRP5 and IT3 certificates
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Calculation and submission of the annual Return of Earnings to the Workmen’s Compensation (COID) and review of assessment.