L O A D I N G

Accounting System and Accountancy

Accountancy System

We install a variety of accounting software and set up the accounting codes, operationalize the software and train the client’s accounting staff on the use of the software. In particular, we install Pastel Accounting, QuickBooks Accounting, Revelation Accounting and Sage Pastel among other software.

We install a variety of payroll software and set up the client’s payroll, do the coding, operationalize the software and train the client’s accounting staff on the use of the payroll software. We also – either from our offices or from the client’s – manage the payroll, manage and submit the statutory obligations on behalf of the client and file the year-end returns with the relevant authorities.

We install a variety of payroll software and set up the client’s payroll, do the coding, operationalize the software and train the client’s accounting staff on the use of the payroll software. We also – either from our offices or from the client’s – manage the payroll, manage and submit the statutory obligations on behalf of the client and file the year-end returns with the relevant authorities

Though it is not among our key areas, we are often asked to give guidance on debt management. It is important to state at the onset that we do not undertake debt collection or even give advice on it. Our task is to give advice on and monitor levels of debt to and from the company, with a view to easing cash flow and improving the liquidity positions of clients, as well as helping them to make savings on interests and penalties.

Current Process

We recognize the drawbacks of expensive manpower given the prevailing state of the economy and the negative impact of both macro and micro-economic factors. We also recognize the advantages of a full-time accounting staff. However, we appreciate that sole proprietors and small companies may not have the volume of activities and resources to warrant the hire of a full-time accountant.

To deal with accounting-related work for the clients, in our firm we have therefore set up a specific department managed by highly qualified and experienced staff. Using highly recommended accounting software; the staffs perform bookkeeping and accountancy work independent of the audit department. The advantages of this are that clients:

Do not have to incur the hardware and software costs; • Have monthly and yearly accounts produced on time; • Do not pay for idle time; • Get services from highly qualified and experienced staff; • Pay minimal amounts for high quality work.

Other extensions to these services include:

– Payroll Administration. – PAYE Returns . – NHIF Returns. – NSSF Returns. – VAT Returns.

In performing the above services we follow the laid-down statutory procedures, the relevant Acts and the applicable International Accounting Standards.