Accounting ~ Payroll ~ Taxation ~ Advisory

1. Accounting ~ Payroll ~ Taxation ~ Advisory Our values: Professionalism ~ Respect ~ Integrity ~ Confidentiality ~ Excellence

2. Company background Introduction • Siphi~MConsulting was established in 2013 with the aim of providing financial management, accounting & payroll, business consulting, taxation and advisory services to SME sector; • We are a Division of Siphindumiso Holdings (Pty) Ltd (Reg. number 2013/210250/07); • We are 100% black owned business, a level 1 B_BBEE contributor; • Business is managed and run by Siphiwe Mthembu, who has over 18 years of Accounting and Financial Management experience, and • Professional accreditation and qualifications: SAIBA associate; hold a Bcom Honours in Management Accounting; and a CIMA Strategic Case Study Level candidate. Vision ~ Mission ~ Objectives & Values • Vision ~ To be a leading provider of a full suite accounting, taxation, business consulting & advisory services to SME sector; • Mission ~ To be the Accountants of choice and the "GO TO” Finance Business Partnerfor SME sector, allowing them to save money, time andensurecompliance withlaws& regulations. • Objectives ~To provide cutting edge efficient, excellent and steward services at the most reasonable rates possible; and to empower clients with real pragmatic business solutions tailored to suit their unique business needs. • Values ~ “PRICE”: Professionalism, Respect, Integrity, Confidentiality & Excellence; our approach is client driven based on the following fundamental principles & ethical behaviour: • Objectivity, professional competence & due care, professional behaviour ,transparency, commitment to quality.

3. Clientele industry profile We strive and endeavour to service all types of clients in different industry sectors of the economy with professionalism, respect, integrity, confidentiality & excellence; below are some of them: Current client portfolio industries includes • Information, Communication & Technology; • Construction & Maintenance, Electrical & Electronics, Cleaning & Laundry services; • Events , Catering & Entertainment, Tourism; • Transport & Logistics; and • Non-profit organisations. Prospective client industries includes • Marketing & Advertising; • Farming & Agriculture; and • Conveyancers & Attorneys.

4. Services summary Accounting services • Book-keeping & Taxation services • Management accounts • Advisory services & compliance Payroll services • Payroll processing & management • PAYE ~ UIF & SDL returns submissions Financial statements services • Income statement • Balance sheet • Cash-flow statement • Notes to financial statements Specialised services • Add-on specialised services • Ad-hoc projects and costing services Business consulting services • New co registration; Company profile; B_BBEE affidavit; Tax & CSD registration • Company & Directors amendments • CIPC returns, Income tax and VAT returns • Company profile & Business proposal • Business comprehensive plan for funding Compliance services • Tax Certificate & Letter of good standing • COIDA Registration & Letter of GS • National Home Builders Council (NHBRC) registration • Construction Industry Development Board (CIDB) registration Sage Business Cloud Certified Advisor • Accounting & Payroll Certified Advisor

5. Book-keeping & taxation services Bookkeeping services • Issuing of invoices & statements to clients as well as suppliers; • Processing of all invoice receipt & payment transactions; • Recording and capturing of all other overhead expenses transactions; • Bank transactions reconciliations to cashbook transactions; • Balance sheet accounts reconciliation; • Asset register maintenance. Taxation services • Preparation and reconciliation of all VAT related items including VAT Control; • Filing & submission of bi monthly VAT returns; and • Preparation of income tax return including supporting schedules required and filing & submission of provisional and final Income tax returns.

6. Payroll processing & management services Payroll processing & management • Processing of all payroll transactions and updating of staff & leave details; • Reconciliation of payroll transactions to source documents; • Generations and distribution of payslips to employees weekly / monthly; • Sending of payment file to the bank for employee net pay & 3rd party payments i.e. SARS; Department of Labour; Pension fund; Medical aid; • PAYE; SDL & UIF registrations; • Filing and submission of monthly SARS - PAYE; Department of Labour - UIF returns which is due by 7th of each month; • Filing and submission of monthly SARS - EMP201 return which is due by 7th of each month; and • Interim and final EMP501 reconciliation.

7. Management accounts & financial statements services Management accounts services • Management accountswith complete analysis of key information and dashboards for the period; • Balance sheet with comparatives and ratio analysis; • Income statement with comparatives analysis: month-to-month, year-to-date and prior year; • Variance reportwith commentary and analysis: month-to-month, year-to-date and prior year; • Cash-flow statement detailing cash analysis and movements for the period; • Tax pack to show tax liability for the period; and • On-going advisory and compliance services. Annual financial statements preparation services • Analysis of ledger data including reconciliations and ledger balances; • Complete analysis of cash receipts and cash payments for the period; • Preparation and reconciliation of up to 5 loans, lease and hire purchase accounts; • Preparation and reconciliation of asset register/depreciation schedule for the period; • Preparation of financial statements (Balance sheet, Cash-flow & Income statement); • Preparation of notes to your financial statements consistent with current accounting standards; • Finalisation and compilation of all documents as required for your signature and for lodgement; and • A letter of advice in relation to our findings.

8. Specialised services ~ business consulting & compliance services Specialised services • Service 1 : Budgeting; forecasting and cash-flow projections; • Service 2 : Financial modelling and analysis; • Service 3 : Product & customer profitability analysis; • Service 4 : Cost management & cost control initiatives; • Service 5 : Investment projects evaluations & appraisals; and • Service 6 : Project accounting & costing services Business consulting services • Company details & director amendments; • Filing of CIPC annual returns • SARS Income Tax & VAT returns • Compensation Fund return of earnings • Registrations – Income Tax / VAT / PAYE / UIF / SDL • Company profile / Business proposal • Business Comprehensive plan (Funding purposes) Compliance certificates • Tax Certificate & Letter of good standing • Compensation for Occupational Injuries & Diseases (COID) • National Home Builders registration Council (NHBRC) • Construction Industry Development Board (CIDB)

9. Sage Business Cloud services Sage Accounting setup & training • Monthly subscription - per 2 user • Initial setup; data input - per hour • Training - per hour session Sage Payroll setup & training • Monthly subscription - per employee • Initial setup; data input - per hour • Training - per hour session

10. Contact us today for these great & affordable excellent services! Telephone: 012 516 0808 Cell: 081 426 6476 WhatsApp: 084 432 6300 Email: siphiconsult@siphindumiso.co.za Website: www.siphindumiso.co.za