And what are the Services? ...

Full Accounting System

General and analytical set of accounting processes with integrated procedures and controls.

Data entries for all the transactions in accordance with the chart of accounts and local rules and regulations.

Prepare the bank's reconciliation on a monthly basis and the bank's position on a weekly basis.

Submit the monthly trial balance along with the bank's reconciliation to the management.

Maintain the statutory records, registers, and backup for all data.

Maintain the company's fixed assets using the local fiscal depreciation rates.

Food & Beverage Costing and Reporting

The value of food and beverage products that were purchased and consumed in an operation over a set period of time.

Monthly Profit & Loss detailed report.

Purchasing and relation with distributors.

Inventory control and full stock-keeping follow-up.

Set the appropriate price of each item based on a cost-based pricing analysis.

Setup the Point of Sales and Inventory software.

Follow-up of Alcohol license on a yearly basis.

Follow-up of Tobacco license on a yearly basis.

Follow-up of Ministry of Tourism requirements.

Value-added Taxes and Income Taxes

VAT is based on consumption rather than income and is charged equally on every purchase.,

The VAT report on a quarterly basis: Auditing of all the invoices that are subject to VAT on a monthly basis, and preparation and declaration of the quarterly statement to retrieve the value-added tax.

Income tax calculation and declaration on a yearly basis.

Salary Income tax on a quarterly basis: Registration of new employees, calculation of the income tax every month for every employee, declaration of the quarterly tax, preparation and submission of the yearly declaration sheets, and the annual disclosure for every employee.

End of Year Report

A report contains the profit-and-loss account, the balance sheet, and details of the past year's activity.

YTD statements.

Cash flow projection.

Financial forecasts.

Budgeting.

Asset valuation and depreciation.

Endorsing the financial audit report.

Human Resources Management

Coordinating, managing, and allocating human capital, or employees, in ways that move an organization's goals forward.

Payroll Preparation: compute net pay after salary taxes, NSSF contributions, other personal deductions, prepare the monthly pay slips, and the payroll summary.

National Social Security Fund: registration forms, leaving forms, obtain regular clearances from NSSF, calculating and submission of monthly subscriptions sheets, and submission of the yearly nominal declaration sheet.

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