Strategic Financial Advice:

• Analysing of Gross Profits
  • Assist with stock takes if necessary
  • Calculate service area Gross Profit’s participation in relation to total sales
  • Calculate your break even turnover based on various Gross Profit scenarios for your specific business
• Analysing of Management Accounts
  • Identify expenses that are out of line
  • Identify possible Gross Profit areas of concern
  • Analyse the Balance Sheet to highlight areas of concern
• Compiling Financial Business Plans
  • Determine the feasibility of a business by using certain assumptions
  • Put together a financial guideline to give structure to your new venture
  • Assist with information needed by a possible financier

Streamline your accounting processes:

• Internal Audit: We evaluate your existing procedures and, based on our findings, can recommend solutions to streamline your accounting processes and update your current system to ensure it is addressing your needs for the present and future.
• Annual Audit: Your financial statements will be audited at the offices of Dyn-Acc Consulting, eliminating any disruption of your daily activities. Dyn-Acc Consulting prepares all the files and liaises with the auditors on your behalf.

Day-to-day Financial Management:

Management Statements

The management statements consist of the following:

• Balance Sheet
• Income Statement
• Comparative analysis of Sales
• Comparative analysis of Expenses
• Detailed notes to Balance sheet and Income statement

These management accounts aim to provide the directors with a workable tool that can assist them in managing their business efficiently. This is made possible by them knowing what areas to focus on and improve in order to grow their business.

These reports are discussed and explained to business owners monthly to ensure that they achieve dynamic business results.

We are involved in the following to ensure that we compile accurate management accounts for our clients’ business:

• Purchases

We capture all invoices and prepare payments to suppliers. We also liaise with suppliers on your behalf regarding payments and reconciliations of your accounts with them.

• Sales

We ensure that all sales are recorded and banked timeously to reduce internal risk.

• Cashbook

We do weekly bank reconciliations.

• Salaries

We control and oversee the entire salary process. Starting from the translation of hours worked into the salary amounts payable to the electronic payment of salaries into your employees’ bank accounts. We also administrate any garnishees or other third party deductions.

Cash Flow Management

Weekly cash flow forecasts are prepared together with cash flow projections going forward. The projected cash flows are discussed with the directors weekly before preparing payments to suppliers.

Real-time analysis for supplier, debt and cashflow management at the tip of your fingers:

Annual Financial Statements: The new companies Act 2008 requires all audited companies to draft their own Annual Financial Statements. In the past, auditors were able to compile the financials themselves during the audit process. To ensure audit independence and compliance, they can no longer do so. As registered members of the SAIPA and COTE, we can perform this service for you.