GATHI CONSULTING

Bookkeeping and Financial Accounting

Successful bookkeeping and financial accounting are crucial to the success of firms with a forward-thinking attitude. You'll need an experienced team behind you to get the most out of this aspect of your organisation.

At Gathi Consulting, while you devote your attention to your core business activities, we provide our knowledge and experience to this area of your operation. We use precisely organised data to provide you a snapshot of your company, highlighting its strengths and revealing areas for improvement.

We can help you with your bookkeeping, payroll, accounting, and tax-reporting responsibilities. Our teams can also handle management accounting and accounting-related processes. The money you have saved by outsourcing can then be reinvested back into your company, enabling you to improve your machinery or staff training. We have the expertise to meet your needs, whether you require assistance with financial accounting or want us to manage the full process on your behalf.

As part of our bookkeeping solutions, we can support you with the following:

• Accounting system design and set-up.
• Preparation of accounting policies and procedure manual.
• Computerization of accounting procedures.
• Maintenance of books of accounts to include all relevant reconciliations.
• Internal control design and implementation.
• Preparation of payroll and filing of related returns.
• Preparation and filing of VAT returns.
• Preparation of cash flow projection statement.
• Preparation of financial statement.
• Preparation of budgets, budgetary controls and variance analysis.
• Fixed Assets Register development and maintenance.
• Internal Audit.
• Information Systems Audit and monitoring.
• Monthly Tax compliances.
• Office administration.
• Human Resource Management.
• Accountant/Financial controller services.

Business Process Outsourcing

Gathi Consulting may help your company not only reduce costs but also gain fresh knowledge and expertise by handling certain operations and business-related tasks.

The procedure is straightforward: we use our organisational and management expertise to assist your company realise its full potential while sparing you amoney, time, and effort. Our consulting teams for business processing and shared services will examine your company in-depth, provide you with a full analysis of your strengths and weaknesses, and work with you to determine which parts of the organisation may benefit from outsourcing.

We can provide support with:

• Designing and transforming accounting processes and procedures as well as maintaining records
• Promoting high-quality, results-driven, and customer-focused activities within the accounting function
• Large-scale corporate transactions being entered into accounting books
• Settlements in commercial transactions and reporting on cash flow
• Management reporting and accounting
• Income tax, indirect tax, and other tax accounting and compliance
• Payroll administration
• HR administration

Payroll

The largest most time-consuming issues facing growing firms are payroll and personnel management. The outsourcing experts at Gathi Consulting can take care of these obligations on your behalf, freeing you up to concentrate on what you do best growing your business.

As part of solutions, we can support you with the following::

• Establishing a payroll system and storing data properly and securely
• Registration for PAYE obligation for the Company
• Registration of staff for PIN, NSSF and NHIF facilitation
• Obtaining all employee data for payroll purposes (PIN, I/D, Pay, Deductions, Bank)
• Timely payroll processing and payment distributions
• Compliance with relevant laid down procedures.
• Creation of payroll-related reports and assistance with filing annual statutory returns
• Statutory deductions payments facilitation and filing
• Generation and distribution of pay slips to employees.
• Regular updates on important payroll-related dates.
• Prompt response to all queries and complete confidentiality

Tax Compliance

Nearly all of your business decisions are likely to be influenced by taxes. We respond fast and create solutions that are customised for your business's unique needs.

We can create your tax declarations, oversee assessment processes, examine tax assessments, and keep you informed of payment deadlines, freeing up your time and resources.

We can also offer representation during tax field audits for any tax authority objections to the assessments as well as in fiscal court proceedings.

As part of our tax compliance solutions, we can support you with the following:

• Direct and Indirect tax compliance, representation and identification
• Local tax compliance
• Withholding tax management
• Tax payment management