As your company continues to grow and expand, you will find that it becomes more and more important to employ qualified and professional accountants that will be able to head your payroll and personnel departments. Labour Law is a complicated department with a lot of finicky details pertaining to payroll
and these aspects simply become more and more intricate and complicated year after year. The penalties that a company can incur for simply not adhering completely to all applicable laws with regards to payroll and personnel is both unnecessary and exuberant.
Making use of professional and qualified accounting services, you will be able to operate your business with confidence in knowing that you are making use of the professional services that will help you to operate legally. You will be operating within the various boundaries of the labour law with regards to
There are various ways in which you can go about hiring the required professional accounting services. The first, and perhaps the most popular way would be to hire a full time accountant who will be able to take care of all your company’s financial requirements. This option does however tend to be very
costly to the company. This is especially true for small to medium enterprises in South Africa.
The second option which is also a popular option and route to take is to outsource your accounting services to an outside company. They will be able to take care of your payroll services as well as your company’s financial and accounting requirements. There is a third option too; investing in a software
solution for your company. You will, however, still need to employ someone to operate the software who will need the experience and skills to operate the
These software packages can be quite expensive and won’t be able to be tailored to your company’s specific needs and might not conform to all the applicable laws and requirements. You should consider all the options of the different options available to you when making a decision regarding which
route to take for your company.