Save your valuable time and money by outsourcing your company’s payroll services to PRS Management CC accounting firm based in Roodepoort Gauteng. Why you may ask?

Employees’ Tax refers to the tax required to be deducted or withheld by an employer from remuneration paid or payable to an employee. read more

We at PRS Management CC accounting firm based in Roodepoort Gauteng utilize industry leading accounting software namely Pastel Partner and Pastel Payroll.

PRS Management CC offers Pastel accounting software training, and our alliance company, Zeelie De Kock Registered Auditors is a proud reseller of Pastel accounting software, read more

Effective inventory management is all about knowing what stock is work in progress, what stock is in use, and how many finished product results you have available to sell read more

Financial statements are used to help management record, plan and control the activities of a business and to assist in the decision-making process. Financial statements assist you to observe and understand the financial health and well-being of your business read more

South African Company Law requires that businesses keep a register of their fixed assets as part of their accounting records. However, managing your company’s fixed assets can be tedious and time-consuming read more

Debtors are people or businesses who owe you money. As a business owner, proper management of your debtors will help you get paid faster and prevent bad debts. Prompt collection of debtors’ accounts will also help you maintain a healthy cash flow. Debtors management also involves keeping debtor records – this is a legal tax requirement read more

As a business owner you rely on good relations with creditors for the smooth operation of your business. Suppliers, the bank, and statutory bodies all affect the cash flow of most businesses.

When your cash flow is tight, you may not be able to pay your bills on time. If you manage the situation well, your creditors will read more

Whether your business is trading as a Close Corporation (CC), sole proprietor or private company, there are various tax requirements you have to meet and one of these could be value-added tax (VAT). 

If your annual turnover is likely to be in excess of R1 million per year, by law you must register for value-added tax read more

As a business owner or manager, one of your primary functions is to monitor the progress and wellbeing of your company’s finances; hence, the importance of compiling a monthly checklist. Accounting is the process of keeping track of a company’s revenues, costs, assets, liabilities and cash flow. Many businesses hire accountants read more