EOACC (PTY) LTD

We have extensive experience in this area we continuously look out for clients on ways we can help them pay themselves more tax efficiently.

We can help with all the following:
Business tax
Personal tax
Capital Gains
VAT planning
Profit extraction strategies and options
Business Exit strategies
What expenses you can and can’t deduct
Best corporate structure for your business, based on your personal circumstances.

We don’t take the approach of one solution fits all, we take the time to make sure we understand your specific business strategy to work out and determine the best structure profit extraction strategy for you

Having the support of a financial director on board can have a huge influence on steering your business in the right direction
We can help you control your finances and plan your affairs for maximum efficiency.
We can support and guide you whether you’re starting out a new venture or expanding your existing operations.

Improving your profitability of your business
Performance monitoring including use of key performance indicators
Setting goals and an action plan to get you where you want to be
Removing the blocks that are stopping you from getting where you want to be
Getting the best systems in place to allow your business to grow
Marketing strategy
Raising finance to allow you to invest in growth
Improving the potential of your team members
Measuring and testing results so that you can continually improve
Advise on tax structures

For all your bookkeeping needs, our team can help with the following:

Processing and allocating transactions
Assist with picking the right bookkeeping system for your business
Preparation of supplier remittances and payments
Help produce real time management reports, outstanding debtors, creditors, cashflow forecasts etc
Customer invoicing and credit control
Bank and key balance sheet account reconciliation
Active week-to-week cash flow management
Before we start processing information, we like to review our client’s processes, procedures and systems to establish if there is any way of making the data flow for bookkeeping more efficient. We’ll be able to identify if we can automate some of the processing of information for you, leaving you with more time to spend on your business and less time needed for capturing data.

Working efficiently and effectively together (client and bookkeeper) can reduce bookkeeping time significantly, resulting in less fees and producing management information quicker to the business owner.

We prepare payroll on a weekly, fortnightly or monthly basis – depending on your requirements.
We take care of the following:
Processing and submitting payroll PAYE & UIF to SARS.
Generate pay slips for each payment period
Preparation and submission of monthly year-end payroll returns for SARS

By using outsourced payroll services to handle your payroll, you can rest assured that all employees will be paid on time, all filing obligations will be met and all payroll queries will be resolved swiftly.

SARS tax enquiries and investigations can be very stressful and expensive to carry out and it is vital that you get expert advice in dealing with theses.

Anyone can be subject to a tax enquiry or investigation. With continued confusion as to what constitutes acceptable tax planning and what constitutes tax avoidance or evasion, SARS have further increased the volume of their investigations and are taking full advantage of their considerable power to collect as much tax as possible. As a tax payer, you may be targeted with an enquiry into historical VAT, PAYE, UIF corporation tax and personal tax

We can help you with the following:

Self-assessment enquiries
VAT enquiries
Corporation tax enquiries
PAYE enquiries
UIF enquiries

We cannot prevent you from being investigated by the Taxman, but we can help to ensure that you get the best possible support and advice.

To run a successful business, you need to stay on top of your numbers and have a good control over data and processes
We specialise in making accounting and bookkeeping easy and simple for our clients and the single biggest tool that help us achieve this is using the correct software.
Xero
We use Xero for all our SME clients or those with a more complex business structure. It is a powerful tool that can significantly reduce time to process large quantities of invoices and receipts. In addition it has over 500 plugins which can help you with:

Producing real time management accounts
Showing profitability per cost centre, sales rep, sales platform etc
Raising invoices on the go from your mobile.
Take photos of receipt to be instantly processed and uploaded into Xero, which is the easiest way to move to a paperless system
Use your unique email address and ask your suppliers to email your invoices straight to your Xero account with NO data capturing required.
System integrations
With the fast pace of technology development and the number of technologies launched daily, a new industry has been created in the accounting and bookkeeping world, and this is system integration.

Your accountant has now become a key partner in helping you decide which system is best for you. At EOACC we now have systems accountants that specifically look at finding the best process automation and system integrations for your budget, that will also meet your accounting and bookkeeping requirements.

More automation and less errors, mean less chances for mistakes or the manipulation of information. In turn, it means quicker and more accurate reports and less accounting fees!

If you need to start from scratch and find the right systems and processes, we can certainly assist you with this provide you with the necessary training to get you setup and ready to hit the ground running . Perhaps you’re already setup and are having trouble getting everything to work as it should? No worries, we can also do a system analysis to cleanup and tweak whatever is needed to make it all work again.