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Accounting Services

What's the best day to start a diet? Monday? Noooo..... Tomorrow?!! Do you have a bag of slips and a file of invoices glaring at you like that last slice of chocolate cake? Unfortunately we can't help you shed the unwanted extra kilo's, BUT we can offer assistance to help you transform your glaring bag of slips and invoices into organised, systematic accounting information. If you are interested have a read through our accounting services below...

If you would like to setup a meeting or get us to generate a quote for you, please email or phone on 011 704 5152 to setup a meeting or discuss any queries you might have.

Bookkeeping Services Fix Broken Accounting Systems and Accounting Systems Training Management Accounting Systems Gauteng


Fixing Broken Accounting Systems & Training, Mentoring and Coaching of staff

Designing and implementing management accounting systems

Bookkeeping is one of the easiest business processes to outsource. If you want to focus on your business and leave the day to day bookkeeping to someone else, now is the perfect time to make the switch to outsource this function to ACMS.

The following functions are available for processing of financial records:

  • Bank cashbook
  • Bank reconciliation
  • Petty cash cashbook
  • Petty cash reconciliation
  • Debtors invoicing
  • Debtors statements
  • Creditors invoicing
  • Creditors reconciliation
  • Journals

The monthly accounting package includes the following reports:

  • Income statement (per month)
  • Debtors age analysis
  • Creditors age analysis
  • Bank reconciliation
  • Cashbook payments
  • VAT report
  • Income statement (year to date)
  • Trial balance (year to date)
  • Creditors payment
  • Summary Petty cash reconciliation
  • Cashbook receipts
  • Statutory returns for SARS

Payroll Services:

Payroll is a vital part in any business. As without employees no business will be able to function. Avoid complications caused by late payments of salaries and wages or incorrect amounts. ACMS bookkeeping services will prepare all your employees salary or wages and allow you enough time to effect payment to your employees. We also assist you with the managing of your staff leave and deductions. Reports are generated monthly.

Monthly returns that we can prepare for you, our client, include:

Medical Aid
Provident Fund

Benefits to You:

  • Salaries & Wages pay slips are forwarded to you in time so that you may either hand out cash wages or directly electronically deposit into employee bank accounts.
  • All IRP forms are generated.
  • Current and year-to-date payroll register vacation, and sick time are kept up to date.
  • Payroll Deduction register is kept up to date.
  • You will no longer have to worry when the person responsible for your payroll goes off sick, or moves on.
  • Customised pay slips are printed.
  • No more expensive training costs are incurred.
  • Paying your employees is a legal obligation and cannot be delayed.
  • You will never miss a deadline ever again.

Fixing Broken accounting systems:

Advanced Cost Management Solutions specialises in fixing broken accounting systems. If you know of areas of concern that your business or company may be lacking or not producing the right sort of information to make informed management decisions, then ACMS is the right company to help you get back on the right track.

ACMS performs the following when fixing broken accounting systems:

  • Discussion with management
  • Discussion with employees
  • Identification of the weaknesses in the system
  • Prepare a plan to implement the new accounting system
  • Management and employees approval
  • Implement new and improved accounting system

Training, Mentoring & Coaching of Staff

In addition to developing management accounting solutions that maximise customers’ unique set of systems, structures and software, Advanced Cost Management Solutions is also committed to empowerment and the transfer of skills in the workplace. Through coaching and mentoring, the company offers training to historically disadvantaged staff with various certificate courses in activity-based costing and management accounting.

ACMS designs and implements management accounting systems for company's that do not necessarily have the knowledge or understanding of what should be implemented for their specific reporting requirements.

ACMS establishes the needs of the company's accounting system from the actual accounting package to be used and the manual reporting to management.

ACMS will then design the system that we think should be in place, which is then discussed with staff and management. Once management have approved the designed system, ACMS will then implement the system.

ACMS will train the relevant staff on the system and teach the staff how the different reporting techniques work. Staff will then know how to use the information extracted from the system to provide meaningful information in order to make strategic management decisions.

As the staff's understanding of the system increases, ACMS will become an ad-hoc consultant. In other words ACMS will be called only when needed.