Accurate and timely financial information is the backbone of making good business decisions and ensuring legal and regulatory compliance by a business. It doesn’t matter what the size of your business is, or if your accounting is not up to scratch.

It’s one thing to understand accounting theory. We’re experienced and qualified professionals, of course, but we’re business people too. Our accounting and financial services are about adding value to your business; going over and above the accounting basics. We’ll get to know you, your business and your goals to help you succeed.

Accounting is more than just recording and reporting your financial transactions; it’s a vital function of your business. Whether you use a bookkeeper or an accountant, accurate and timely financial information is the backbone of making good decisions. And we don’t need to tell you, good decisions lead to improved profits.

Someone who uses accounting principles to allocate your assets in the best way possible, advises you on how to structure your revenue and cost base to maximise profitability, and takes care of your hassles with SARS.

We’ll put together a personalised accounting package to meet your requirements.

• Setting up of accounting systems on Pastel Accounting software for clients according to specific sector and business requirements.
• Processing of monthly transactions from source documents i.e. cheques, bank statements and invoices to compile a payments and receipts cash book.
• Allocation of payments in cash books (bank accountants and petty cash books) to the relevant cost centres applicable to Accounting Standards and the nature of the business.
• Monthly bank reconciliations of cash books to establish outstanding cheques.
• Processing debtors and creditors to obtain monthly age analysis.
• Full accounting system to Trial Balance, Income Statement and Balance Sheet with Sage Pastel accounting software.
• Compiling of Financial Statements which includes Income Statement, Balance Sheet and Cash Flow Statement as at year end for submission to SARS. Financial Statements for:
  • Companies (unlisted)
  • Close corporations
  • Trusts
  • Partnerships
  • Body Corporates
  • Churches
  • Sole traders
  • Attorneys
• Communicating with Bank Institutions on behalf of our client.
• Providing cash flow and financial statements on a regular basis to the relevant banking institution for purposes of re-evaluating credit facilities for the client.
• Setting up of Comprehensive Business Plans and assisting with application for commercial finance with Banking Institutions.
• Compiling of Private Assets and Liabilities Statements for the individual and submission to SARS.
• Negotiations with the clients of the business entity and construction of formal agreements between them.
• Assisting with the completion and submission of Tender Documents.
• Analysing of financial information to calculate certain relevant financial formulae as to identify areas of attention within the core business activities i.e. Solvency and Liquidity.

Working in conjunction with carefully selected partners, Trucon offers a full range of trust company services, to ensure that your affairs are in professional hands and that your loved ones are protected.

That’s where we come in. We’re on your side when it comes to hassle-free streamlined payroll management; we take care of it all.

Trucon Accountants has extensive expertise and knowledge to offer comprehensive solutions to the management of payroll requirements of companies in need of outsourcing their payroll services.

Pastel’s Payroll software is used for these services and well supported by Pastel.

• Constructing salary packages for the employees and handling of the Income Tax affairs with SARS.
• Full payroll administration function using the Pastel Payroll system and providing weekly, fortnightly and/or monthly payment advices to all employees of the business.
• Assisting with any employee disputes regarding employment contracts, disciplinary hearings, leave pay, bonuses, increases etc.
• Generation of confidential payslips including personal information such as Employee Name, ID Number, Job Title, SARS Tax Number
• Reconciliation of IRP5 documents twice per year per employee

Monthly submission of EMP201 documents (covering PAYE, UIF and SDL deductions)

• Submission of annual returns to the Companies and Intellectual Property Commission (CIPC)
• Submission of XBRL returns / financial statements / financial accountability supplement to the CIPC
• Formation of new companies
• Changing directors, members
• Amendments to CIPC registered address