Services

Our services include:

Outsourced Accounting Services

Call Us on 082 325 8373 for a Quote

Are you bogged down by doing in-house accounting functions that don't allow you the time to focus on your core business?  Looking for a reliable accounting firm or financial accountant?

You should consider outsourced accounting services. By outsourcing your accounting functions we will look after your accounting, bookkeeping services, tax, VAT, payroll services and business registration, freeing you up to take care of sales and management functions that will increase your bottom line.  When done correctly, outsourcing your accounting can actually save costs by allocating the time and money and normally assigned to in-house resources to a dedicated, professional serivce provider.  This is where Drake Financial Services comes in.  We offer back-office accounting services at an affordable rate and transparent pricing

Falling behind with your books is a common problem for smaller companies who are caught up in the daily operations of their company. Many companies continue in this manner even while their profits grow, until one day they are faced with an accounting crisis due to too many divided concerns by the business owner. In these cases we can immediately step in to help you get your books in order and advise you on a plan going forward.

If you find that:

  • You are lagging behind with your financial records;
  • You are incurring unnecessary penalties from SARS;    
  • Your bookkeeping is behind and affecting cash flow;
  • Your business is not focusing on its core strategy;
  • You are spending too much time doing the accounts;
  • You are employing a person who is not adequately trained;
  • Your back-office costs are too high;
  • There is not enough work for your bookkeeper/accountant;
  • You need to manage your employees better;
  • You need more time to focus on your clients;

Drake Financial Services can provide you with a professional service that addresses all these issues and keep you abreast of the precise financial state of your business
Our accounting services will keep you compliant with accounting standards and Generally Accepted Accounting Practices

Outsourcing your accounting services to us can be a gradual process with various prices depending on which services you would like us to take care of.  Our list of outsourced accounting services include:   

  • Annual Financial Statements;
  • Business Valuations for Companies, Close Corporations & Partnerships;
  • Cash Flow Management;
  • Cash Flow Management;
  • Compiling of Budgets;
  • Creditors Management;
  • Debtors Management;
  • Financial Management;
  • Inventory Management;
  • Management Accounts;
  • Monthly Bookkeeping;
  • Company Registration;

Why Outsource your Accounting?

Save on Costs

A professional, reliable outsourced accountant can actually save you money compared to an in-house, dedicated accountant

Focus on Your Core Business

Focusing on sales and management of your business will increase sales and profits in the long-term.  We give you back your time in order to help you do this

Advice

We employ only skilled and knowledgeable staff.  The company is owned an run by a fully qualified CA with more than 5 years experience.  We can provide you with timely advice based on your current financial situation

Knowledge

Knowledge is power, and having your finger on the pulse of your business allows you to make prudent decisions regarding the future of your company.  We provide you with up-to-date financial and management records to allow you to keep abreast of your finances


We operate out of Edenvale, Gauteng, and focus on the Gauteng market, but we also provide accounting, tax and payroll services to clients around the country.  We work with all major accounting software packages, including Pastel and Quickbooks.  Contact Us today for a no obligation quote or view our rates page to see our prices for yourself





Tax Services

Tax Services

Call Us on 082 325 8373 for a Quote

Don't have sleepless nights over the state of your tax duties. Outsource it to us and sleep well tonight

In todays competitive business climate, your business partners, creditors, clients and SARS, expect you to have up-to-date tax certificates and accounts. This requires much time and money in order to accomplish on-going tax compliance in-house.  The most cost-effective solution is to outsource tax requirements to a professional tax services consultant.  Drake Financial Services provide a full range of tax services to enable you and your company to submit tax returns on time and save you money on tax returns. We advise our clients on the different types of tax, and which tax bracket you fall into.  We can save you money on your tax and VAT returns by ensuring you pay only what is legally required and not a cent more.  We keep up-to-date with all the legal requirements and legislation

Small business tax requirements place a huge burden on business owners in terms of keeping up to date with their tax concerns.  PAYE, Tax and VAT all need to be paid in time on a regular basis.  We can also provide you with tax advice from small businesses to large companies.  We are dedicated to providing a professional and timely service to all clients.  The company is run by a fully-qualified CA (chartered account) and we only employ qualified personell

We provide the following outsourced tax services to businesses:

  •     Completion and submission of Income Tax returns;
  •     Completion and submission of Provisional Tax returns;
  •     Completion and submission of VAT returns;
  •     Completion and submission of PAYE/UIF/SDL returns;
  •     Completion and submission of EMP501 returns;
  •     Correspondence with SARS;
  •     Registration of Income Tax, VAT and PAYE/UIF/SDL;
  •     Requesting Tax Clearance certificates;
  •     Tax Planning;
  •     Tax Advice; and
  •     SARS Audits.

If you require assistance with TAX (personal and business) or VAT, Contact Us today or view our rates page for pricing information

Payroll Services

Outsourced Payroll Services

Call Us on 082 325 8373 for a Quote

We provide a comprehensive, affordable, outsourced payroll solution to all small and medium sized businesses

The Benefits of Outsourcing your Payroll Needs to Us:

Small businesses owners often find themselves torn between running the day-to-day activities of their business and managing their business. Far too often small business owners can't see the forest for the trees while trying to keep up with staffing and payroll admin instead of focusing on the core activities of their business. One way in which a small business owner can keep focused on what s/he does best, is to outsource their payroll function, thereby saving them time and allowing them to focus on what they do best.

Reducing costs 

Why reinvent the wheel and try to teach yourself/your employees how to managed the monthly payroll activities? Outsourcing payroll means staff are free to be more productive; and overheads such as printing costs, computer software costs and staff training are eliminated. Our rates compare very favourably with the money spent on setting up your payroll yourself

Keeping your Eye on the Ball

By outsourcing your payroll to us you and your staff can focus on the important areas of your company that will increase sales and reduce costs. Areas such as sales and management that would have beeen otherwise neglected can now be given more attention.

Eliminate the risk of non-compliance

SARS charges penalties for errors and late payroll tax filings, which add to costs. By outsourcing payroll, we will calculate the taxes due for your monthly payroll and manage the tax filings and payments. We are constantly training in order to be up-to-date will all the current payroll and tax laws. We save you money by reducing tax and ensuring that there are no errors in your submissions

Timely, Professional Outsourced Payroll Service

We provide our clients with a regular service to ensure that all recurring services are done in a timely, professional fashion

 

Outsourced Payroll Services that we Provide:

  • Weekly and Monthly Payroll Generation
  • Payroll Statements
We are a reliable, affordable payroll company.   We offer outsourced payroll solutions.  We operate out of Edenvale, Gauteng, and focus on the Johannesburg and Gauteng market, but we also provide accounting, tax and payroll services to clients around the country.  We work with all major accounting software packages, including Pastel and Quickbooks.  Contact Us today for a no obligation quote or view our rates page to see our prices for yourself

Other Services

  • BEE Certification