Creations · South Africa
Build the records alongside the business.
Company setup, bookkeeping and practical reporting for founders establishing a new business.
What the work covers
Use this scope to identify what you need. Your proposal will confirm the services, records, reporting frequency and fees for your business.
- Company-formation and registration support where agreed
- Opening balances and an organised accounting file
- Founder expense and loan-account schedules
- Sales, expense and bank reconciliations
- A review of the registrations and filings relevant to the business
What to prepare
Tell us which records are available and where there are gaps. We can then distinguish ongoing work from any initial catch-up.
- Registration documents and ownership information
- Founder payments and expenses incurred to date
- Bank and payment-provider statements
- Planned trading activity and any employees
Timing and responsibility
Timing depends on the records, approvals and work required. Tell us about any deadline at the start. The engagement should identify the person handling your work, the review responsibilities and any external specialist needed.
Separate ownership, funding and trading records
A bank deposit from a founder is not necessarily sales income. Keep a record of what was contributed, the purpose of the transfer and the agreement governing it. The same discipline helps distinguish a company expense from a personal purchase.
Before the first reporting period closes, establish who owns the business, which bank and payment accounts it uses, who approves spending and where the source documents are kept.
How the work progresses
- 01
Understand the workflow
Review the business records, systems and immediate requirements.
- 02
Define the assignment
Agree the deliverables, people responsible and fees.
- 03
Prepare and resolve
Work through the records and identify outstanding questions.
- 04
Review the outputs
Review the results and agree the next actions.
Questions before you start
Can the engagement cover selected tasks?
Yes. Agree which tasks stay with your team and which work Creations will handle, including document collection, preparation, review and approval.
What should we send with an initial enquiry?
Describe the business, the work required and the deadline. Identify the periods and systems involved. Arrange the appropriate document-sharing channel before providing confidential records.
Related services
Let’s define the next step.
Tell us what you need, what is outstanding and when it matters.