We are in good standing with the Registrar of Companies’ office; 

We are able to advise you regarding the choices about your business and the names that you choose for your business;

We will provide you with the best quality service at all times;

And you are our priority!

Moruo Financial Consulants Offer Powerfull Tax Strategies, Trusted Financial Advice, Auditing, Book Keeping , Payroll Services, Monthly Accounts

Moruo’s approach in providing Book Keeping services is not based on a project mindset. A project mindset suggests a focus on merely selling hours to a client. We insist on a relationship mindset whereby our team takes a stake in the outcome of a successful implementation.

Our extensive experience, expertise and understanding of Legal compliance Laws makes Moruo suited for provision of book keeping services to your company. Moruo prepares various reporting tools for your company like annual financial Reports in compliance with the South African Laws, streamlining the payroll processes, improving receivables turnover and creating a more effective system for issuing invoices.

Our Bookkeeping Services entail the following:

• Ensure accurate processing of expenses to correct General Ledger accounts and departments

• Create new ledger accounts in the General Ledger

• Prepare journal entries

• Perform intercompany reconciliations

• Maintain and update the Fixed Asset Register

• Preparing fixed asset purchase approval documents

• Oversee the full creditor’s function

• Issuing of purchase orders for approved orders

• Daily capturing of bank transactions

• Ensure that general ledger accounts are kept up to date

• Prepare bank, petty cash and inventory reconciliations

• Perform VAT reconciliations

• Prepare and submit the VAT201

• Monthly analysis of fleet cards and allocation of fuel cost

• Assist with the preparation of supporting documents for relevant SARS audits

• Assist with audit file preparation for both internal and external auditors

Since the South African Revenue Services implemented the NITS system, it has become more important to complete the tax return correctly the first time to avoid unnecessary objections and to ensure that you receive your refund as quickly as possible. The NITS system took away the human discretion and now automatically calculates penalties and interest on under payment of income tax. We have the skills, experience and knowledge to complete and submit your tax return correctly the first time, which will avoid delays and ensure correct assessments. We deal with the South African Revenue Services on a daily basis, and keep abreast with the changes in Income Tax. We keep you in touch with the South African Revenue Services, which means more free time for yourself to do the things you do best. It is in your best interest to get professionals to complete and submit your income tax returns.

Taxation Services Include:

Completion and submission of Income Tax returns;

Calculation of tax liability;

Calculation and submission of Provisional tax;

Application for extension for submission of Income Tax Returns;

Tax Clearance Certificates for Tenders and Foreign Investment;

Tax Directives; Salary Structuring;

Income Tax Registration;

Exemption certificate for Employee Tax;

Application for exemption from Income Tax;

Checking Income Tax assessments;

Arranging deferred payments;

and Objections. Compliant. Cost effective. People centered.

Managing HR for an organisation means getting the right people for the roles in the right places—all while remaining cost effective, complying with multiple laws and regulations and being sensitive to professionals’ needs. Working with organisations of all sizes and across industries—from businesses with a handful of foreign-national hires to those with thousands of international assignees—we can help your HR team support your mobile workforce.

We do this by identifying relevant outsourcing models, assigning appropriate resources and evaluating technology and alliance partners. Align your HR and payroll strategy and operations to support company objectives For organisations with mobile workforces, human resources, compensation and, payroll services can be complex and time-consuming. Along with the administrative burden, they must manage compliance related risks and protect sensitive personal information—all while aligning HR practices and policies with a company’s strategic vision.

Moruo’s HR and payroll professionals can help businesses improve efficiency and align resources with larger goals. Moruo can assess existing processes, then recommend more cost-efficient, compliant solutions which are often supported by innovative technology.

We offer flexible operational solutions, including payroll management, payroll system interfaces, mobility compensation management, benefits administration and HR workforce support.

Support can be provided for any type of employee—from long term assignments, short-term assignments, remote workers, or ad hoc assistance to fully outsourced and co-sourced HR solutions staffed with professionals trained by Moruo Financial Consulting HR Specialists.