ACCOUNTING & TAX Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analysing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. Bookkeeping is a vital part of the accounting process for businesses. It involves recording all the financial transactions that take place – invoices to customers, payment received from them, supplier invoices received and payments made to them etc. The steps in the accounting cycle are identifying transactions, recording transactions in a journal, posting the transactions, preparing the unadjusted trial balance, analysing the worksheet, adjusting journal entry discrepancies, preparing a financial statement, and closing the books. Accounting is what we do best, and we do it so that you can focus on what you do best. SUBMIT SARS RETURNS Below is a list of returns that Companies need to file to SARS and other statutory bodies during the year
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