The South Coast Advisory Group - Since 1980
South Coast Advisory (PTY) Ltd

Bookkeeping and Accounting

Bookkeeping and Accounting Services Enquiry
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SCA offers the following outsourced services

Bookkeeping & Accounting

Every business and not-for-profit entity needs a reliable bookkeeping system based on established accounting principles. Accounting is a much broader term than bookkeeping.

Bookkeeping.

Bookkeeping refers mainly to the record-keeping aspects of accounting; it's essentially the process of recording all the information regarding the transactions and financial activities of a business and the capture of data to achieve this.

Accounting.

Accounting on the other hand is using the information so recorded to provide insights into the operation of the business and its operations. An efficient Accounting system will incorporate these services which we offer.

Accounting System

Some of the services which we offer.
  • System choice and Set-up
  • Transaction recording / Bookkeeping
  • Accounts Payable
  • Accounts Receivable
  • Payroll
  • Fixed Asset Accounting
  • Account Reconciliation and Analysis
  • Month-end Close
  • Management Reports
  • Financial Reporting
Financial Year End Closure entails the following:
  • Year- end accounting record closure and program roll overs
  • Journal entries
  • Preparation of working papers in support of Annual Financial Statements
  • Preparation of ISA reconciliations
  • Bank and other Reconciliations
  • Preparation and upkeep of Assets registers
  • Tax computation
  • Compilation of financial statements

BOOKKEEPING AND ACCOUNTING SERVICES: Empowering Your Business's Financial Success

Welcome to South Coast Advisory (SCA-ZA), a trusted accounting firm located in Amanzimtoti, KwaZulu Natal South Coast. We specialize in providing comprehensive bookkeeping and accounting services that help businesses thrive and make informed financial decisions. With our expertise and commitment to excellence, we are your partners in achieving financial success.

Efficient Bookkeeping and Accurate Record Keeping

At South Coast Advisory, we understand the significance of accurate bookkeeping and its impact on your business's financial health. Our dedicated team of professionals is here to handle all aspects of transaction recording and bookkeeping, ensuring that your financial records are organized, up-to-date, and compliant with accounting standards.

We offer a range of bookkeeping services that include:
  • System choice and setup: We assist you in selecting and implementing the right accounting system for your business, tailored to your specific needs.
  • Accounts payable: We manage your payables efficiently, ensuring accurate recording, timely payments, and vendor reconciliation.
  • Accounts receivable: Our experts handle your receivables, track invoices, follow up on payments, and reconcile customer accounts.
  • Payroll: We take care of your payroll processing, including salary calculations, tax deductions, and statutory compliance.
  • Fixed Asset Accounting: We help you accurately record and manage your fixed assets, ensuring proper depreciation, disposal, and asset register maintenance.
  • Account Reconciliation and Analysis: Our team performs thorough account reconciliations and provides insightful analysis to identify discrepancies and potential areas of improvement.
  • Month-end Close: We streamline the month-end closing process, ensuring accurate financial reporting and a smooth transition to the next accounting period.

Comprehensive Financial Reporting and Analysis

At South Coast Advisory (SCA-ZA), we go beyond basic bookkeeping to offer comprehensive financial reporting and analysis services. We believe that meaningful financial reports provide valuable insights into your business's performance and serve as a roadmap for informed decision-making.

Our financial reporting services include:
  • Management Reports: We generate customized management reports tailored to your business needs, providing you with key financial information and performance metrics.
  • Financial Reporting: Our experts prepare accurate and compliant financial statements, adhering to accounting standards and regulations.
  • Financial Year-End Closure: We handle the complete year-end closure process, including accounting record closure, program roll-overs, journal entries, and preparation of working papers to support your Annual Financial Statements.
  • ISA Reconciliations: Our team ensures the integrity of your financial records by performing meticulous reconciliations in accordance with International Standards on Auditing (ISA).
  • Bank and Other Reconciliations: We reconcile your bank statements, credit card statements, and other accounts, ensuring accuracy and identifying any discrepancies.
  • Tax Computation: We assist in calculating your tax obligations, preparing accurate tax returns, and ensuring compliance with tax laws and regulations.
  • Compilation of Financial Statements: Our professionals compile comprehensive financial statements that reflect the true financial position and performance of your business.

Partner with South Coast Advisory for Financial Success

At South Coast Advisory, we are committed to your business's financial success. With our expertise, attention to detail, and personalized approach, we ensure that your financial processes are efficient, accurate, and aligned with your business goals.

Contact us today to schedule a consultation and discover how South Coast Advisory can be your trusted partner in bookkeeping and accounting. Let us empower your business's financial success!

 

 

 

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