Bow Bells

The importance of keeping accounting records- The basics!! When it comes to small business accounting, most people know that it is important to keep your records updated for taxes. However, there are many more benefits from small business accounting that you can use to grow, improve, and expand your business. Here are some of the most important […]

If you’ve been considering outsourcing your payroll, but you’re concerned about handing information over to a third party, you can rest assured that the right partner will save money and allow you to focus on other core functions, like growing your business.   A company like Bow Bells Accounting Services is a leading provider of outsourced payroll management

Income statement (Profit and Loss)                     This is the most important report as tells you whether you are making money or not.                     A well-run bookkeeping system will tell you where you are making money (sales) and                     where you are spending it. This report should be reviewed monthly for corrective action.                     Balance Sheet

On starting out a new business owner will have to register with the Company and Intellectual Property                     Commission (CIPC) the necessary registration will be done automatically with SARS, and you will receive                     an Income Tax reference number.                     You must register on e-filing to transact electronically for Vat , PAYE, SDL and UIF.

Let us take the stress out of handling your payroll and allow you to focus on other core functionsof running your business. Our payroll services are performed by highly qualified accountants. PAYE, SDL and UIF reports for submission (EMP201) Workman’s Compensation returns – COID (once a year) Let us at Bow Bells Accounting Services assist

One of the biggest pains experienced by clients are the legal requirements: – 1.1. Register your Company name – CIPC Registration of your company’s name with Companies and intellectual Property Commission                     (CIPC). 1.2. Register for Taxes SARS                     The CIPC company registration automatically registers all businesses with SARS who allocates a relevant                     Tax