We offer a comprehensive accounting service to companies who wish to outsource their accounting function. Quickbooks Zimbabwe has a dedicated and experienced team that is ready to take on the role of your accounts department.
Our unrivalled range of specialist industry knowledge provides comfort that all day-to-day to complex transactions are accounted for correctly.
Our service offerings cover all aspects of the accounting function, including:
Our team of qualified and skilled finance professionals can handle the full spectrum of financial and accounting work, ranging from the fundamental booking of journal entries to the complication of statutory financial statements ready for audit.
We are often asked to assist in the following special engagements:
if you have an urgent need for financial and accounting support, we can second our accounting specialists to work at your premise immediately, until you find a suitable hire or replacement;
design and document controls/procedures and compile finance procedures manual; and
review internal controls and work processes of company’s finance function.
If you are thinking of employing a bookkeeper, allow us to offer a cheaper alternative. A good bookkeeper will cost you an additional $500 or more on your wage bill, while for $180.00 per month, we will prepare all your monthly management and yearly financial accounts at no additional cost. Through The Bookkeeper Relief Service, we will ensure that your books are always up to date.
All you need do on your end is to keep basic records of all transactions entered into by your organization; note all receipts and expenditures, and keep an updated asset register. At the end of each month, make these available to us and we will prepare your monthly accounts for you, which means by the twelfth month, your annual financial statements will be ready for submission. By law, you are also required to keep copies of receipts and invoices for the past six years and we ensure these are safely tucked away for future reference when the Zimra man comes knocking
If you read the blog post titled ‘What Taxes Do I Need To Pay For My Company in Zimbabwe?’, then you will know that there are number of important dates you need to bear in mind throughout the course of your business’ lifespan. These include PAYE payments, Quarterly Payment Dates, Tax Clearance Renewals, VAT Payments, and Submission of Annual Returns. Below is a basic calendar based on this year’s requirements, just to point out the days you need to keep marked on your calendar.
- PAYE PAYMENTSEvery 15th day of the month
- VAT PAYMENTSEvery 20th day of the month
- Quarterly Payment Dates10% of Income Tax on the 25th of March
25% of Income tax on the 25th of June
30% of Income tax on the 25th of September
35% of Income Tax on the 25th of December
- TAX CLEARANCE RENEWALS1st QPD (25th January) 3rd QPD (25th June)
- ANNUAL RETURNS18 months from effective date of registration for first annual return 15 months after last annual return lodged
Evidently, there are a number of important dates that should be kept in mind. Keeping your company up to date is highly essential as this qualifies your organization for formal and informal tenders as well as contracts from organizations bound by corporate governance principles.
From $150.00 per month, let us bear the burden of keeping these dates in mind, preparing the necessary schedules, and filling out the requisite forms. Let us remind you to make the necessary transfer into Zimra’s account and forward the deposit slip on your behalf. Let us stand in the long winding queus at the Zimra offices while you maintain a hands on management and focus on your business’ day to day operations.