The Accounting Process involves capturing and classifying financial transactions and the reporting thereof to the owners of the business for them to have up to date, accurate information so that they can check whether their business is still on the right track, ease the planning process for their business and to make well-informed decisions regarding their business.
Taxation is the submission of Income Tax, Provisional Tax and other Taxes to the South African Revenue Services (SARS) as required by the Income Tax Act. As registered Tax Practitioners, we provide various services to our clients to reduce their risks and ensure that they don’t pay more tax than what is legally required of them.
At the heart of any business is its most valuable assets, employees. There are several statutory and legal requirements when it comes to various aspects of your employees, from terms of employment to withholding tax on their income and fringe benefits. We ensure that our clients are compliant with relevant legislation and reduce the financial and legal risks associated with incorrect deductions, inadequate recordkeeping and late payments of taxes withheld.
Financial Management relates to the Planning, Organising, Directing & Controlling of the financial activities of the enterprise, i.e. Investment & Finance decisions. These services are designed to provide the enterprise owner with highly skilled business analytics, tools and information on which to base their decision making.
Statutory Registrations comprises of the timeous registration of the various tax, licensing and legally required registrations for an enterprise, while Secretarial services ensure that the enterprise is adhering to the various, general statutory requirements that may have an impact on the enterprise, i.e. Companies Act, Income Tax Act and so forth.
Other Support Services are the most commonly requested services which does not usually form part of initial start-up packages and/or month-to-month Accounting & Related services, i.e. Legal Documents, Software Sales etc.
“I can recommend Bachus Financial Services to any business who wants peace of mind that the financial side of their business is in safe and professional hands. Although they specialise in numbers, you are not just a number to them. They treat our business as if we’re their only client. Bachus Financial Services takes excellent care of the financial side of our business and ensures...” read more
- H DOUBELL (THERMASCAN 2020)
“We have used Bachus Financial Services as accountants for the last 8 years. In fact, we used them to do a due diligence on our current business and due to fast and accurate figures we were able to not only get a real overview of the business but also get valuable input on the new business and an impartial valuation which meant we had an outsider that was looking at the business with no emotions...” read more
- H MULLER (WIMPY & MUGG & BEAN, PE)
“We appointed Bachus Financial Service during 2012 to attend to our bookkeeping services. Since then the services have escalated to payroll and strategic financial planning. Since then I have referred several of my personal contacts to Bachus as I can rely on Ernest and his team to provide my referrals with the same professional and caring service as they have provided me with over the years...” read more
- C STRYDOM (DEBT REVIEW CENTRE)