Vitalis Accounting - Pretoria, South Africa

It is extremely important to perform your business’ Management Accounting or Monthly Bookkeeping and to actually monitor your business’ performance. It is extremely important to check the performance regularly. Hence, it’s called Monthly Management Accounting.

Many business owners believe that this process is only there to show them the net profit, or loss, for the month. It is however so much more! The monthly review of your business’ financial situation should include the following:
– Revenue tracking by customer
– Revenue tracking by branch
– Revenue tracking by product
– Cost of sales tracking by supplier
– Cost of sales tracking by branch
– Cost of sales tracking by product
– Expense tracking by expense item
– Variance analysis on all of the items above
– Ratio analysis for the most important indicators

SARS requires individuals to submit an individual tax return when they meet certain criteria on an annual basis.

We assist you by completing and submitting your individual tax return and claiming all of the expenses allowed by SARS where possible.

Are you not sure whether you need to submit a tax return? Call us to discuss or visit the SARS website.

Send us an email to accounting@vitalis.co.za to get in contact with one of our Expert Accountants.

The running of the payroll is normally a period of high anxiety. It is also probably the most important activity in your business. Richard Branson is famous for saying that you should keep your staff happy. Your staff in turn will keep your customers happy.

We are capable of running your weekly, fortnightly or monthly payroll with ease. Vitalis Accounting uses the latest software to ensure that your business remains legal with all the necessary payroll requirements.

We operate your payroll and ensure that all of the following requirements are met:
– Hours worked to be paid
– PAYE and UIF deductions
– Loan management and deductions
– Retirement Annuity deductions
– Provident Fund and Pension Fund deductions
– Medical Aid deductions
– Fringe Benefit management
– Other taxable deductions
– Other non-taxable deductions