SERVICES
What we do
01.
Monthly Management Reporting
We prepare accurate monthly management reports that provide insight into financial performance, profitability, and key business trends, supporting informed decision-making. through: >Preparation of internal management accounts
>General ledger maintenance and review
>Trial balance preparation and reconciliation
>Month-end journals and accruals processing
>Detailed cost and variance analysis
>Management commentary to support decision-making
>Comprehensive ledger reviews
02.
Cost & Management Accounting Services
Schedule of Cost of Goods Manufactured (SCOGM) We prepare detailed SCOGM reports to identify total production costs and support accurate inventory valuation and cost control.
Schedule of Cost of Goods Sold (SCOGS) We calculate and analyse cost of goods sold to support pricing decisions, margin analysis, and financial reporting.
Production Cost Reports We analyse production costs to identify inefficiencies, control expenses, and improve operational performance.
Activity-Based Costing (ABC) We allocate costs based on actual activities to provide a more accurate understanding of cost drivers and product or service profitability.
Activity-Based Management (ABM) We use ABC insights to support cost optimisation, process improvement, and strategic decision-making.
03.
Budgeting & Forecasting
We prepare accurate budgets and financial forecasts to help your organisation plan effectively, allocate resources wisely and achieve long-term financial stability.
>Budget and forecast consolidation
>13- week rolling cash flow forecasts
>Risk identification and payment/collection prioritisation.
04.
Cashbook & Bank Reconciliations
We maintain up-to-date cashbooks and perform regular bank reconciliations to ensure cash balances are accurate, complete, and aligned with bank records.
05.
Accounts Payable, Accounts Receivable & Debtors Ageing
We manage supplier and customer accounts, including payment schedules and debtor ageing, ensuring transactions are accurately recorded, obligations are settled on time, collections are monitored effectively, and cash flow is properly aligned and controlled.
06.
Statutory Returns & Compliance
We assist with statutory returns and compliance requirements, helping businesses meet regulatory obligations accurately and on time, like:
>VAT201, EMP201, EMP501, PAYE/UIF/SDL Preparation.
>Monthly payroll processing and IRP5 issuance.
>COIDA/WCA and CIPC annual return assistance.
07.
Audit & Year-End Support
We provide audit preparation and year-end financial support, ensuring records are accurate, organised, and ready for external review.
Mac Daline ChallengeCore Inc where we don’t just keep your books we help you build a business that’s compliant, cash- smart, and future-ready.