1. Accounting ~ Payroll ~ Taxation ~ Advisory
Our values: Professionalism ~ Respect ~ Integrity ~ Confidentiality ~ Excellence

2. Company background Introduction Vision ~ Mission ~ Objectives & Values
Siphi~M Consulting was established in 2013 with the aim of providing financial management, accounting & payroll, business consulting, taxation and advisory services to SME sector;
We are a Division of Siphindumiso Holdings (Pty) Ltd (Reg. number 2013/210250/07);
We are 100% black owned business, a level 1 B_BBEE contributor;
Business is managed and run by Siphiwe Mthembu, who has over 18 years of Accounting and Financial Management experience, and
Professional accreditation and qualifications: SAIBA associate; hold a Bcom Honours in Management Accounting; and a CIMA Strategic Case Study Level candidate.
Vision ~ Mission ~ Objectives & Values
Vision ~ To be a leading provider of a full suite accounting, taxation, business consulting & advisory services to SME sector;
Mission ~ To be the Accountants of choice and the "GO TO” Finance Business Partner for SME sector, allowing them to save money, time and ensure compliance with laws & regulations.
Objectives ~To provide cutting edge efficient, excellent and steward services at the most reasonable rates possible; and to empower clients with real pragmatic business solutions tailored to suit their unique business needs.
Values ~ “PRICE”: Professionalism, Respect, Integrity, Confidentiality & Excellence; our approach is client driven based on the following fundamental principles & ethical behaviour:
Objectivity, professional competence & due care, professional behaviour ,transparency, commitment to quality.

3. Clientele industry profile
We strive and endeavour to service all types of clients in different industry sectors of the economy with professionalism, respect, integrity, confidentiality & excellence; below are some of them:
Current client portfolio industries includes
Information, Communication & Technology;
Construction & Maintenance, Electrical & Electronics, Cleaning & Laundry services;
Events , Catering & Entertainment, Tourism;
Transport & Logistics; and
Non-profit organisations.
Prospective client industries includes
Marketing & Advertising;
Farming & Agriculture; and
Conveyancers & Attorneys.

4. Services summary Accounting services Payroll services
Business consulting services
New co registration; Company profile; B_BBEE affidavit; Tax & CSD registration
Company & Directors amendments
CIPC returns, Income tax and VAT returns
Company profile & Business proposal
Business comprehensive plan for funding
Compliance services
Tax Certificate & Letter of good standing
COIDA Registration & Letter of GS
National Home Builders Council (NHBRC) registration
Construction Industry Development Board (CIDB) registration
Sage Business Cloud Certified Advisor
Accounting & Payroll Certified Advisor
Accounting services
Book-keeping & Taxation services
Management accounts
Advisory services & compliance
Payroll services
Payroll processing & management
PAYE ~ UIF & SDL returns submissions
Financial statements services
Income statement
Balance sheet
Cash-flow statement
Notes to financial statements
Specialised services
Add-on specialised services
Ad-hoc projects and costing services

5. Book-keeping & taxation services
Bookkeeping services
Issuing of invoices & statements to clients as well as suppliers;
Processing of all invoice receipt & payment transactions;
Recording and capturing of all other overhead expenses transactions;
Bank transactions reconciliations to cashbook transactions;
Balance sheet accounts reconciliation;
Asset register maintenance.
Taxation services
Preparation and reconciliation of all VAT related items including VAT Control;
Filing & submission of bi monthly VAT returns; and
Preparation of income tax return including supporting schedules required and filing & submission of provisional and final Income tax returns.

6. Payroll processing & management services
Processing of all payroll transactions and updating of staff & leave details;
Reconciliation of payroll transactions to source documents;
Generations and distribution of payslips to employees weekly / monthly;
Sending of payment file to the bank for employee net pay & 3rd party payments i.e. SARS; Department of Labour; Pension fund; Medical aid;
PAYE; SDL & UIF registrations;
Filing and submission of monthly SARS - PAYE; Department of Labour - UIF returns which is due by 7th of each month;
Filing and submission of monthly SARS - EMP201 return which is due by 7th of each month; and
Interim and final EMP501 reconciliation.

7. Management accounts & financial statements services
Management accounts services
Management accounts with complete analysis of key information and dashboards for the period;
Balance sheet with comparatives and ratio analysis;
Income statement with comparatives analysis: month-to-month, year-to-date and prior year;
Variance report with commentary and analysis: month-to-month, year-to-date and prior year;
Cash-flow statement detailing cash analysis and movements for the period;
Tax pack to show tax liability for the period; and
On-going advisory and compliance services.
Annual financial statements preparation services
Analysis of ledger data including reconciliations and ledger balances;
Complete analysis of cash receipts and cash payments for the period;
Preparation and reconciliation of up to 5 loans, lease and hire purchase accounts;
Preparation and reconciliation of asset register/depreciation schedule for the period;
Preparation of financial statements (Balance sheet, Cash-flow & Income statement);
Preparation of notes to your financial statements consistent with current accounting standards;
Finalisation and compilation of all documents as required for your signature and for lodgement; and
A letter of advice in relation to our findings.

8. Specialised services ~ business consulting & compliance services
Service 1 : Budgeting; forecasting and cash-flow projections;
Service 2 : Financial modelling and analysis;
Service 3 : Product & customer profitability analysis;
Service 4 : Cost management & cost control initiatives;
Service 5 : Investment projects evaluations & appraisals; and
Service 6 : Project accounting & costing services
Business consulting services
Company details & director amendments;
Filing of CIPC annual returns
SARS Income Tax & VAT returns
Compensation Fund return of earnings
Registrations – Income Tax / VAT / PAYE / UIF / SDL
Company profile / Business proposal
Business Comprehensive plan (Funding purposes)
Compliance certificates
Tax Certificate & Letter of good standing
Compensation for Occupational Injuries & Diseases (COID)
National Home Builders registration Council (NHBRC)
Construction Industry Development Board (CIDB)

9. Sage Business Cloud services
Sage Accounting setup & training
Monthly subscription - per 2 user
Initial setup; data input - per hour
Training - per hour session
Sage Payroll setup & training
Monthly subscription - per employee

10. Contact us today for these great & affordable excellent services!
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