Global Outsource
Globally outsourced financial services
Defined Service Packages
CBS Konsult offers its clients 3 standardized service packages, namely the Core, Intermediate and Advanced Packages. These packages can all be tweaked here and there to cater for each clients specific needs. CBS Konsult also offers a fully custmised offering if a client has specifics needs for which the stadard offerings do not fit. For example if a client only requires outsources assistance on Accounts Payable, or their payroll, etc.
The standard packages are as follows:
CORE
MONTHLY CLOSE BY THE 25TH OF THE FOLLOWING MONTH
- Monthly accounting comprising of:
– Reconciliation of bank accounts
– Processing of accounts payable
– Payroll services
– Fixed asset management
- Monthly accounting comprising of:
- Monthly Management accounts including:
– Income statement
– Balance sheet
– Aged receivables
– Aged payables - Reconciliation of all balance sheet items
- Advisory – regular calls, emails and meetings
- Cloud access to accounting system
- Monthly Management accounts including:
INTERMEDIATE
MONTHLY CLOSE BY THE 20TH OF THE FOLLOWING MONTH
-
- All features as described in our CORE offering, plus:
- Weekly adjustments to accounting records
- Weekly cashflow calculations of funds available
- Weekly accounts payable management
- Annual Financial forecasting and cashflow planning
- Fractional Financial manager services
- KPI analyses
- Budget creation
- Tax compliance
ADVANCED
MONTHLY CLOSE BY THE 15TH OF THE FOLLOWING MONTH
- All features as described in our INTERMEDIATE offering, plus:
- Quarterly Financial forecasting and cashflow planning
- Cost and Pricing analyses
- Advanced KPI reporting and Financial Dashboards
- Budget vs Actual reporting
- Accounts receivable management*
- Financial statement drafting
- Audit support
CORE
MONTHLY CLOSE BY THE 25TH OF THE FOLLOWING MONTH
- Monthly accounting comprising of:
– Reconciliation of bank accounts
– Processing of accounts payable
– Payroll services
– Fixed asset management
- Monthly accounting comprising of:
- Monthly Management accounts including:
– Income statement
– Balance sheet
– Aged receivables
– Aged payables - Reconciliation of all balance sheet items
- Advisory – regular calls, emails and meetings
- Cloud access to accounting system
- Monthly Management accounts including:
INTERMEDIATE
MONTHLY CLOSE BY THE 20TH OF THE FOLLOWING MONTH
-
- All features as described in our CORE offering, plus:
- Weekly adjustments to accounting records
- Weekly cashflow calculations of funds available
- Weekly accounts payable management
- Annual Financial forecasting and cashflow planning
- Fractional Financial manager services
- KPI analyses
- Budget creation
- Tax compliance
ADVANCED
MONTHLY CLOSE BY THE 15TH OF THE FOLLOWING MONTH
- All features as described in our INTERMEDIATE offering, plus:
- Quarterly Financial forecasting and cashflow planning
- Cost and Pricing analyses
- Advanced KPI reporting and Financial Dashboards
- Budget vs Actual reporting
- Accounts receivable management*
- Financial statement drafting
- Audit support
All prices as per website are subject to quote and determined on a number of factors:
- ACTIVITY
The volume of transactions processed on a monthly basis
- COMPLEXITY
This is the degree of difficulty to provide accounting services. Reporting over different locations/departments, managing inventory, group structure, etc.
- FREQUENCY OF SERVICES
- CUSTOMISED SERVICE OFFERING
- RANGE OF ADD-ONS AVAILABLE
- REPORTING DEADLINE AGREED TO
| Compare Plans | CORE | INTERMEDIATE | ADVANCED |
|---|---|---|---|
| Transaction limit | <75 | <150 | |
| Accounting | |||
| Monthly capturing or correct of transactions in your selected cloud accounting package |  | | |
| Weekly capturing or correct of transactions in your selected cloud accounting package |  | | |
| Monthly reconciliation of all bank accounts, loans, and credit cards (if applicable) | | | |
| Monthly Fixed Asset andjustments and depreciation update | | | |
| Management account preparation and interpretation | | | |
| Reconciliation of all balance sheet items | | | |
| Weekly Cash Flow calculation on projected available funds | | | |
| Weekly Accounts Receivable reconciliation and statement emails | | | |
| Weekly Accounts Payable Management | | | |
| Payroll | |||
| Monthly payroll preparation based on client provided information | $ | $ | $ |
| Tax | |||
| Preparation and submission of BAS/VAT filings | $ | $ | $ |
| Income tax calculations and filings | $ | $ | $ |
| Individual Tax and Planning | $ | $ | $ |
| Advisory | |||
| Regular converence calls and emails within the scope of tier selected | | | |
| Tech | |||
| Dext/hubdoc expense management provided | | | |
| Financial Coaching | |||
| Fractional financial manager accessability | | | |
| Company health report and details KPI's analyses | | | |
| Expense Analysis | | | |
| Debt Turn-around Plan | | | |
| Other Features | |||
| Delivery dates | 25th | 20th | 15th |
| Customized KPIs and Target Reporting | | $ | |
| Responses to compliance notices | $ | $ | $ |
| Budget Creation and Annual Update | $ | $ | $ |
| Audit support | $ | $ | $ |
| Weekly Management Flash Report | $ | $ | $ |
Compare Plans
CORE
- Monthly capturing or correct of transactions in your selected cloud accounting package
- Monthly reconciliation of all bank accounts, loans, and credit cards (if applicable)
- Monthly Fixed Asset andjustments and depreciation update
- Management account preparation and interpretation
- Reconciliation of all balance sheet items
- Monthly payroll preparation based on client provided information
- Preparation and submission of BAS/VAT filings
- Income tax calculations and filings
- Individual Tax and Planning
- Regular converence calls and emails within the scope of tier selected
- Delivery Dates – 25th
INTERMEDIATE
- Monthly capturing or correct of transactions in your selected cloud accounting package
- Weekly capturing or correct of transactions in your selected cloud accounting package
- Monthly reconciliation of all bank accounts, loans, and credit cards (if applicable)
- Monthly Fixed Asset andjustments and depreciation update
- Management account preparation and interpretation
- Reconciliation of all balance sheet items
- Weekly Accounts Payable Management
- Monthly payroll preparation based on client provided information
- Preparation and submission of BAS/VAT filings
- Income tax calculations and filings
- Individual Tax and Planning
- Regular converence calls and emails within the scope of tier selected
- Dext/hubdoc expense management provided
- Financial Coaching
- Fractional financial manager accessability
- Fractional financial manager accessability
- Delivery Dates – 20th
ADVANCED
- Monthly capturing or correct of transactions in your selected cloud accounting package
- Weekly capturing or correct of transactions in your selected cloud accounting package
- Monthly reconciliation of all bank accounts, loans, and credit cards (if applicable)
- Monthly Fixed Asset andjustments and depreciation update
- Management account preparation and interpretation
- Reconciliation of all balance sheet items
- Weekly Cash Flow calculation on projected available funds
- Weekly Accounts Receivable reconciliation and statement emails
- Weekly Accounts Payable Management
- Monthly payroll preparation based on client provided information
- Preparation and submission of BAS/VAT filings
- Income tax calculations and filings
- Individual Tax and Planning
- Regular converence calls and emails within the scope of tier selected
- Dext/hubdoc expense management provided
- Financial Coaching
- Company health report and details KPI’s analyses
- Expense Analysis
- Fractional financial manager accessability
- Fractional financial manager accessibility
- Company health report and details KPI’s analyses
- Expense Analysis
- Debt Turn-around Plan
- Delivery Dates – 15th
- Customized KPIs and Target Reporting
Onboarding fees
- Typically Monthly fee x2
- Initial setup, documentation and initial review. Review of your last three tax returns to identify any risks or opportunities and ensure your financial records are accurate
- When you become our client, we assess the current state of your books and determine what it will take to get everything current.
- Establishing and realigning your chart of accounts
What we require from our clients
- Accurate and timely financial information.
- Dedicated onsite employee to manage all payments on the bank.
- Access to read only bank profile.