Reliable monthly accounting is the backbone of any well-run business. At STG Financial Solutions, we don’t just keep your books tidy. We make sure your financial information is accurate, compliant, and useful for decision-making. Our team takes care of the details so you can stay focused on growing your business.
Bookkeeping & Reconciliations
Every transaction matters. That’s why we take care of day-to-day bookkeeping and make sure your accounts are properly reconciled against bank statements, supplier balances, and other records. Consistent reconciliations keep your numbers accurate and help prevent errors that can cause bigger problems later. Clean records also make it easier to stay compliant with requirements from bodies like SARS and the CIPC when it’s time for annual returns and financial reporting (SARS & CIPC presentation, 2024).
Payroll & EMP201 Returns
Payroll is more than just paying salaries. It involves handling PAYE, UIF, SDL, and Employment Tax Incentives, all of which must be reported to SARS each month. We manage the entire payroll process for you, including the preparation and submission of the EMP201 return. This form is what SARS uses to reconcile what your business owes, and submitting it correctly and on time is critical to avoid penalties (SARS – Completing the EMP201).
VAT, Tax and CIPC Filings
Staying on top of compliance deadlines can be overwhelming, especially when dealing with VAT submissions, corporate income tax, and provisional tax calculations. On top of that, companies are required to file their annual returns with the CIPC and submit annual financial statements in XBRL format. These filings are not just extra tasks. They are important rules that businesses must follow to stay legally compliant and maintain a good standing with authorities (CIPC – Annual Returns).
Monthly Management Reporting
Numbers only matter if they tell you something useful. Each month, we prepare clear management reports that show your profit and loss, balance sheet, cash flow, and how your actual performance compares to your budget. These reports help you track performance and spot issues early, but they also build the kind of financial clarity that regulators and shareholders expect from responsible companies (CIPC – Preparation and Approval of Annual Financial Statements).
Why It Matters
Monthly accounting is more than a compliance exercise. It gives you reliable information to run your business with confidence, while also ensuring you meet the expectations of SARS and the CIPC. By putting your accounting in expert hands, you can protect your business from unnecessary risks and focus on long-term success.
