TFS TecFin Services
TFS TECFIN
Our Service Offering
Our solution for you, so that you can focus on what needs to be focused on: Your Business
Family Business Services
Company Secreterial Services
Trusts and Estates
Annual Financial Statements
A Compilation Engagement – In terms of IRS4410 and IFRS for SME’s: Annual Financial Statements is a legal requirement and must comply with prescribed standards in accordance with the International Financial Reporting Standards (IFRS) or IFRS for SMEs. This is a worldwide reporting tool that enables third parties such as Banks and SARS to determine how well a business has performed over a period. Financial statements are also a tool that you, as the business owner can use to measure your business performance. As a business owner, you want to know if your business is making a profit and is solvent. All major banks and independent lenders would require Annual Financial Statements when they consider funding in the form of either an overdraft or a business loan which can be used to either expand your business or as short-term working capital.
Accounting and Payroll
TFS TECFIN
Our Accounting Services Include:
- Debtor and creditor reconciliations and statements
- Capturing of sales and purchase invoices
- Capturing of bank statements
- Reconciliation of all accounts, including bank statements
- General ledger maintenance
- Preparation and interpretation of management accounts
Our Payroll Services Include:
- Capturing of employee data and salary information on the VIP system
- Issuing of IRP5 certificates
- Calculations of 3rd party payments (PAYE / UIF / SDL / medical, etc.)
- Reconciliation of leave
- Ensuring that you comply with SARS requirements
- Bi-annual reconciliations and submissions to SARS
- Issuing of payslips
- Completion of Workman Compensation returns
Taxation Services
Tax legislation is increasingly complex, and the penalties imposed on taxpayers that fail to meet their tax obligations are severe. Compliance is thus a critical business imperative that demands as much attention as any other business risk, if not more.
Our tax team undertakes both compliance and advisory functions in all areas of tax. We also provide a range of financial planning services for a range of taxpayers including individuals, corporates, employers, not-for-profit organizations, and trusts.
Obtaining appropriate tax advice is vital when faced with any matter where the tax treatment is uncertain.
TFS TECFIN
Advisory Services
TFS TECFIN
Our expert teams provide innovative solutions that support the growth ambitions of our clients. As your business grows, our advisory
services are designed to help you achieve your goals. Successful growth often means navigating a complex array of opportunities,
challenges and risks.
Our advisory division is the fastest growing area in our firm and we are a genuine alternative to the largest firms, providing clients with standard global tools and methodologies as well as in-depth knowledge into your industry.
Family Business Services
TFS TECFIN
TFS assists family businesses throughout their life cycle.
We understand that you and your family are incredibly committed to business, and we at Technical Financial Services are in turn, absolutely committed to our family clients, and their businesses.
We also assist family businesses to deal with all the dynamics unique to a family-run business.
Company Secreterial Services
TFS TECFIN
We are experts in providing a comprehensive company secretarial, administrative, and corporate services to a range of companies from small start-ups through to large enterprises.
We ensure your company complies with its statutory obligations pro-actively and efficiently.
Our staff have in depth knowledge and skill in the corporate secretarial space. We have a wealth of experience in providing flexible, tailored services to more than 1000 clients throughout South Africa.
Trusts and Estate
TFS TECFIN
Our expert teams provide innovative solutions that support the growth ambitions of our clients. As your business grows, our advisory
services are designed to help you achieve your goals. Successful growth often means navigating a complex array of opportunities,
challenges and risks.
