+27 11 475 8888 | info@cvwab.co.za

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FAQ

General

What companies and industries do you work with?

CVW is committed to helping businesses of all sizes with their Accounting Needs. With more than ​a combined 34 years experience as a Leading Accounting Firm in South Africa, we’ve worked with countless clients in virtually every industry. Our team of talented and Qualified Accountants are the reason for our own success and longevity.

What locations do you service?

Our Accounting Company is based in Roodepoort, but we offer our services to companies across the country.

What are the benefits of outsourcing my accounting to CVW instead of doing it in-house?

Each year, the expectations for Financial Transparency and Government Compliance grows for business owners. One of the main benefits of Outsourced Accounting is that you won’t make any errors in your Financial Records or Tax Payments. Working with us means that you’ll also improve your Cash Flow, reduce business costs, and grow your company. Outsourcing Accounting Services will provide you with more time to focus on improving the products and services you offer.

How are your Accountants qualified?

We have a team of Expert Accountants who all possess vital skills and experience to help take your business to the next level. Some of our employees even have PhDs in Accounting. We also welcome new talent to our firm and train them to be exceptional at their jobs.

Are you open all year round?

CVW is open all year except the last two weeks of December and the first week of January.

Do you keep up to date with training?

CVW always keeps both our partners and staff up to date with any changes through our regular in-house training sessions, as well as external training courses.

Working with CVW

What does working with CVW look like?

It’s easy to work with CVW because we always make sure to be in regular contact with each client. Once you sign up for our services, your account will become our priority.

How will I be kept up-to-date on the work you do for me?

No matter which Service Package you choose on our website (or if you decide to hire us for other services), we will provide you with a direct line of communication with CVW. We offer telephonic support to each of our clients to ensure they can reach us at any time during working hours. We can also give you monthly, quarterly, and annual Accounting Reports and Statements so that you can clearly see how your company is doing.

What is your onboarding process like?

It’s easy to start working with CVW. All you have to do is contact us and let us know a bit about your company and what type of services you require from us. You have the option to either choose a specific Service Package created by our Accounting Firm in South Africa or request other services. Once you send us a message and share some basic details about your firm, we’ll organize a meeting where we’ll discuss how we will help your business.

What software do you use?

We use some of the best Accounting Software Products available today. On top of that, we provide all our clients with subscriptions to certain Software Products so that they can use them too. In case you choose the Bronze Service Package, you’ll get a subscription for Receipt Bank, Simple Pay, and QuickBooks. All other service packages include a subscription to Xero instead of QuickBooks.

Who will be working on my account?

Your specific Accounting Needs determine who will work on your account. If you’d like to build Cash Flow and reduce business costs, we’ll probably assign one of our Senior Accountants. One the other hand, in case you want to use our Payroll Compliance Services, an expert Payroll Administrator will work on your account.

Can you also help me with taxes?

Our team of Professional Accountants is equipped with the knowledge and experience to help you with your Income Tax, Provisional Taxes, VAT, and Employee Taxes. We offer Income Tax and Provisional Tax Services to both companies and individuals.

What documents would I need to provide you with?

CVW requires you to submit all relevant information that will allow us to do your Monthly Accounting. This can include bank statements, customers invoices, suppliers’ invoices, purchases slips, cash slips, contracts, and any other information that might be relevant.

Accounting Reports

What accounting budget do I need?

You can work with CVW even if you’re on a tight budget. Some of our Service Packages were created specifically with small businesses in mind and come at an affordable monthly rate.

How long will I need to work with CVW for?  

Most of our clients work with us for years. Apart from being very happy with the services we provide, they know that it’s not a good idea for business owners to change Accountants frequently. If you decide to use our services, we’ll send you a contract that will involve collaboration with CVW over a minimum period of 12 months.

What results will I see, and how long will it take to see them?

It will take a few months to see the positive results of our Professional Accounting Services in South Africa. Our Accountants are skilled in finding ways to help your business save money, grow your operations, and manage payments more efficiently. We provide our clients with monthly, quarterly, and annual performance reports that are created to provide you with more insight about your company’s finances. Some of the Accounting Reports we always provide to our clients include income statements, balance sheets, and statements of cash flows.

Billing and Contracts

What payment methods do you accept?

Most of our clients pay us via direct bank transfers, but we also accept other payment methods. CVW accepts both EFT and Card Payments.

How do you charge for your Accounting Services?  

We charge for our Accounting Services on a monthly basis. The cost of our services depends on your business needs. Most of our clients choose one of our 4 Service Packages (Bronze, Silver, Gold, and Platinum) when they start working with us. If you require other services, you can contact us for further information.

CVW Accounting and Bookkeeping
Offices

Palm Office Court
Block A, Kudu Street
Allens Nek, Roodepoort
Gauteng
1709.

Most of us wake up, get ready for the day, and go about our business without giving much thought to the role that numbers play in our lives. However, for those who work in the accounting industry, numbers are a part of everyday life. From tracking expenses and income to preparing tax returns, accountants are constantly working with numbers. This can be challenging at times, but it is also incredibly rewarding. After all, there is a reason why so many people choose to pursue a career in accounting. For those who are good with numbers and enjoy working with them on a daily basis, there is no better profession.

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