You retain full control of your finances and authorise payments while Northbound Financial eases the strain by ensuring that all the repetitive tasks are scheduled and performed on time. All the monthly accounting data is collected at your premises for processing and once the information has been processed, it is delivered together with the relevant financial reports.
- Signing-off of Accounting Officer Report for Close Corporations
- Capturing and recording financial data
- Reconciliation of bank statements
- Debtors invoicing, statements and collection
- Creditors reconciliation of statements
- Monthly Management Accounts indicating your financial position
– Balance sheet
– Income statement (including future projections)
– Cash-flow (including future projections)
– Trial Balance
– Creditors Age Analysis
– Debtors Age Analysis
– Stock reports
– Vat reports
- Fixed Assets Register
- Investigating Inventory Discrepancies, Mis-Allocations and Year-End functions when necessary.
- Salary & Wage Register – Efficiency Report
- Preparation of pre-audit financial statements for your auditor.
- Regular backups done.
- We also arrange regular quarterly meetings with our monthly clients to discuss any queries.