Financial

HCF Payroll and Financial Services offers expert Payroll Services to your business. Payroll Administration is becoming more onerous for the small and medium sized business. Not only must the Payroll Administration functions run smoothly with the correct levies and taxes being paid, but a comprehensive database of employee information complying with statutory requirements needs to be maintained. This leaves you free to concentrate on other areas of your business that will increase sales and profitability.

Let us help you ensure that employees are paid accurately, on time every time in complete Confidentiality Payroll can be a major headache for any business, big or small. That is why it makes business sense to outsource your payroll to the experts.

Services Include: 

  • Capturing of all invoices (customers and suppliers)
  • Capturing of all bank- and bank related account transactions
  • Capturing and review of petty cash books
  • Performing of monthly bank account reconciliations
  • Maintenance and reconciliation of an accounts receivable ledger
  • Maintenance and reconciliation of trade accounts payable ledger
  • Maintenance and reconciliation of a statutory fixed asset register
  • Compilation of summarised management accounts (please note it will be in PDF format without additional notes to the management accounts - if notes are required, an additional fee will be charged)
  • Preparation and submission of VAT returns via SARS e-filing

HCF Financial Services will provide you with up-to date financial and management records to allow you to keep up to date with your financial position. Knowledge is power, and having up to date information available of your business allows you to make prudent and informed decisions regarding the future of your company.

We take care of stressful and time consuming tasks so that you can focus on what you do best - running and growing your business. Confidentiality of our client’s information is our priority

Financial Year End

Financial Year End is an important time in any business and it is of utmost importance to have all the Year End files up to date and accurate. HCF will assist with compiling the Audit Pack to assist with a smooth Audit process.

Financial Management

As a business owner it is vital to stay abreast of all financial matters within your business, and to be more in control. HCF Financial Management meets with each client on a monthly basis to talk about the management accounts and address all areas of concern. Correctional measures are discussed and put in place and monitored to make sure it will have the desired impact. HCF Financial Services will also facilitate and assist with any applications for facilities required to secure growth in the business.

Budgeting and Forecasting

Budgeting and forecasting has become an important tool not only for measuring the progress of a business but also for setting goals and proactively aligning your business strategies with those goals. HCF Financial Services is able to assist in this process in order to achieve maximum effectiveness as well as the implementation of budgets and forecasts within the business to ensure success over a specific time frame. Assistance in this regard will be available.

Strategic Planning

Strategic planning is the process used continually throughout any engagement with a client in order to align the companies goals with that of an ever changing economy in order to plan for growth and make sure all contingencies are put in place so as to avoid shortfall. Strategic planning is vital for any business to succeed and grow towards a common goal.

Unless specifically agreed upon, our responsibilities will not include the following:

Credit control function
Cheque preparation and / or signing
Compliance with industry specific requirements, including laws and regulations
Generating of source documents
Maintenance of filing system