Expert services that fits your budget.

• Completing Vat application forms
• Completing Paye application forms
• Completing Tax clearance applications
• Processing client’s information on SARS Efilling
• Computing Vat control account on general ledgers
• Computing company income Tax and Vat
• Submitting Vat, Paye and income Tax returns on SARS Efilling

• Processing cash book to trial balance
• Issuing receipts
• Compiling financial statements
• Filing of documents
• Compiling a general ledger
• Managing petty cash schedules
• Month end balancing of petty cash schedule
• Completing an invoice
• Ensure that the float is completed and correct at all times
• Reconciling cash books to general ledgers and trial balance

• Processing share holders certificates as per memorandum of incorporation
• Producing BBBEE certificates for exempted Micro Enterprise
• Company Registration
• Completing CIPC annual returns on behalf of clients

• Completing budgets
• Analyzing cash flow projections
• Assets Management
• Entering financials information on the system
• Capturing of credit and debit note
• Capturing of clients information
• Capturing information on the spread sheet
• Capturing of income into the bank
• Doing bank reconciliation statement

A systematic scrutiny of books of accounts & statutory records to verify the financial position of an organization. Auditors have a vital role to play in a business organization as it indicates the overall health of the business. Investors & management use audit as a tool to assess past performance and formulate future course of action. Based on the objective for which it is being performed, an audit can be of various types

External audit is conducted by entities to get an independent third-party view or assurance on the financial position and performance of the entity. External audit at MAA Chartered Accountants is performed with an objective to provide reasonable assurance to the stakeholders based on the evidence gathered by the engagement team at the stages of planning, execution, and finalization of the engagement.

Internal audit is an independent and objective assessment of an organization's operations and internal controls. It is performed by an organization's own staff or by an external auditor, and its goal is to evaluate the effectiveness of the organization's risk management, control, and governance processes. Internal audit may also make recommendations for improvement. The scope of internal audit can include financial, operational, compliance and information technology (IT) processes, and the findings are typically reported to the organization's board of directors or senior management.

A Tax audit is a review of a person's or organization's tax return by the Internal Revenue Service (IRS) or state tax agency to ensure that the information on the return is accurate and all taxes have been paid.

An Interim audit is a type of audit that is conducted before the end of the fiscal year or accounting period. These audits are often used to provide financial information to management during the year to help them make decisions. They can also be used to identify and correct any errors or discrepancies in the financial statements before the end of the year. Interim audits can be less detailed than year-end audits, as they do not need to cover the entire fiscal year. Some companies may also use interim audits to meet regulatory requirements or to provide information to stakeholders.

A Revenue audit is a review of a company's financial records and operations to ensure that it is accurately reporting its revenue and paying the appropriate taxes. This can be conducted by government tax authorities or by an independent auditor hired by the company. The auditor will review financial statements, sales records, and other financial documents to ensure that the company is in compliance with applicable tax laws and regulations.

Tax accounting is the means of accounting for tax purposes. It applies to all individuals, businesses, corporations, and other entities. Even those who are exempted from paying taxes must participate in tax accounting. The purpose of tax accounting is to be able to track funds associated with individuals and entities. Without these accounting records, financial analysis will be tough; hence, financial mismanagement may occur.

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. It involves the use of financial statements such as the balance sheet, income statement, and cash flow statement, which provide a snapshot of a company's financial position at a specific point in time. Accounting is essential for businesses of all sizes and is used to measure performance, make budgeting and forecasting decisions, and comply with legal and regulatory requirements.

Bookkeeping is the process of recording financial transactions, such as purchases, sales, receipts, and payments, in a systematic manner. It is used to keep track of a company's financial records and is an important aspect of accounting. Bookkeeping is typically done using specialized software or manually with ledgers, journals, and other financial record-keeping tools. The goal of bookkeeping is to provide accurate and up-to-date financial information that can be used for decision-making and compliance with laws and regulations.

An Accounting backlog refers to a list of financial transactions that have been recorded but not yet processed. This can include items such as invoices, expenses, and purchase orders that need to be entered into the accounting system and reconciled with other financial records.

MAA offers all VAT & Excise & Corporate tax services that you need to ensure compliance with the Federal Tax Authority.

VAT (Value-Added Tax) registration is the process of registering a business for VAT with the relevant tax authority. This is typically required for businesses whose annual turnover exceeds a certain threshold, and it involves providing certain information about the business, such as its name, address, and type of goods or services it provides. Once registered, a business must charge VAT on its sales and submit regular VAT returns to the tax authority.

VAT (Value Added Tax) return filing is the process of submitting a report to a government agency that lists the amount of VAT a business has collected from customers and the amount of VAT the business has paid on purchases. The difference between the two amounts is the business's VAT liability, which is typically paid to the government on a regular basis.

In South Africa (RSA), businesses registered for Value Added Tax (VAT) can claim a refund for the VAT paid on their business expenses. To claim a refund, the business must first register for VAT and keep accurate records of all VAT paid and received. The business can then submit a VAT refund claim to the Federal Tax Authority (FTA) using the e-Services portal. The claim must include all the necessary supporting documentation such as invoices and receipts. The FTA will review the claim and issue a refund if it is approved.

A VAT (Value Added Tax) reconsideration is a process by which a business or individual can challenge a VAT assessment or decision made by the tax authority. This can include requesting a review of the assessment, submitting additional evidence or documentation, or appealing the decision in court. The specific steps and requirements for a VAT reconsideration will vary depending on the jurisdiction and the nature of the dispute.

A VAT (Value Added Tax) reconsideration is a process by which a business or individual can challenge a VAT assessment or decision made by the tax authority. This can include requesting a review of the assessment, submitting additional evidence or documentation, or appealing the decision in court. The specific steps and requirements for a VAT reconsideration will vary depending on the jurisdiction and the nature of the dispute.

VAT deregistration is the process by which a business or individual cancels their registration for value-added tax (VAT) with their respective tax authority. This typically occurs when a business ceases operations or no longer meets the requirements for VAT registration. Deregistration allows the business to stop charging VAT on its sales and to stop paying VAT on its purchases

Anti-Money Laundering (AML) refers to laws, regulations, and procedures that financial institutions and other regulated entities must follow to prevent, detect, and report money laundering activities. Money laundering is the process of making illegally-gained proceeds (i.e., "dirty money") appear legal (i.e., "clean"). AML regulations typically require financial institutions and other regulated entities to implement strict internal controls, including customer due diligence procedures, monitoring of transactions for suspicious activity, and reporting of suspicious activity to the appropriate government agency.

AML regulations also typically require financial institutions and other regulated entities to maintain records of their customers and transactions, and to make those records available to government authorities upon request. The objective of AML regulations is to prevent criminals from using the financial system to launder the proceeds of their illegal activities, such as drug trafficking, terrorism, fraud, and corruption. AML regulations are usually enforced by government financial intelligence units (FIU) and other regulatory authorities and non-compliance can result in severe penalties, including fines and imprisonment.

ESR Advisory

Economic Substance Regulations (ESR) are a set of rules established by governments to ensure that companies engaged in certain activities within their jurisdiction meet certain economic substance requirements. These regulations are typically aimed at preventing tax avoidance by ensuring that companies are conducting real economic activity in the jurisdiction where they are claiming tax residence, rather than simply routing income through shell companies in order to take advantage of lower tax rates. The exact requirements of ESR vary depending on the jurisdiction, but they may include requirements related to the number of employees, the amount of physical assets, and the level of income generated in the jurisdiction.

Anti-Money Laundering (AML) refers to laws, regulations, and procedures that financial institutions and other regulated entities must follow to prevent, detect, and report money laundering activities. Money laundering is the process of making illegally-gained proceeds (i.e., "dirty money") appear legal (i.e., "clean"). AML regulations typically require financial institutions and other regulated entities to implement strict internal controls, including customer due diligence procedures, monitoring of transactions for suspicious activity, and reporting of suspicious activity to the appropriate government agency.

AML regulations also typically require financial institutions and other regulated entities to maintain records of their customers and transactions, and to make those records available to government authorities upon request. The objective of AML regulations is to prevent criminals from using the financial system to launder the proceeds of their illegal activities, such as drug trafficking, terrorism, fraud, and corruption. AML regulations are usually enforced by government financial intelligence units (FIU) and other regulatory authorities and non-compliance can result in severe penalties, including fines and imprisonment.

Enterprise Resource Planning (ERP) systems are software applications that organizations use to manage and automate various business processes, such as accounting, human resources, procurement, and inventory management. These systems typically integrate data and processes across multiple departments and functions of an organization, providing a centralized and real-time view of an organization's operations.

ERP systems are designed to automate and streamline business processes, improve data accuracy and security, and enable better decision-making by providing real-time visibility into the organization's performance. They can also help organizations to comply with various regulatory and compliance requirements.

ERP systems are typically implemented by medium to large organizations and can be customized to meet the specific needs of the organization. They are implemented by a team of experts, including project managers, business analysts, and IT professionals and it can take several months to several years to implement an ERP system depending on the size of the organization, the complexity of the system, and the readiness of the organization.