General Accounting
- Processing of all accounting source documents;
- Journal entries;
- Bank reconciliations;
- Customer, supplier reconciliations;
- Preparation of sales invoices;
- Sending statements to customers;
- Payments to suppliers;
- Opening of letters of credit and management of the processes for other trade banking instruments;
- Registration with the MRA and other authorities;
Payroll
- Computation and preparation of the monthly payroll;
- Sending of payslips to employees;
- Monthly returns to all statutory authorities;
- Any other related payroll tasks.
Returns
- Value Added Tax (VAT);
- Corporate income tax;
- Tax deduction at source (TDS);
- All employment related returns;
- Any other tax required returns.
Reporting
- Preparation of management accounts as per a pre-agreed reporting format with the client on a frequency to be determined (monthly, quarterly, semesterly or annually);
- Variance analysis;
- Preparation of forecasts and budgets;
- Preparation of the annual financial statements for filing by the Company Secretary.
Taxation
- Advise on Mauritian tax and tax treaties signed by Mauritius;
- Computation of all taxes payable in Mauritius;
- Computation and payment of tax in advance (APS);
- Computation and request of refunds from tax authorities;
- Assistance in case of tax enquiries.