Our advisory services are as follows:

Accounting & Compilation

  • Accounting and financial reporting
  • Filing bi-monthly VAT and Room Rate Levy Returns
  • Filing corporation tax returns
  • Filing annual corporate returns

Accounting & Advisory

This service includes:

  1. Monthly monitoring of your operations
  2. Assisting your accountant with the preparation of monthly financial reports and key performance indicators (KPIs)
  3. Preparation of the annual financial statement for audit purposes, if required
  4. Preparation of a new or updating existing business plans
  5. Preparation of an annual budget
  6. Ensuring that supporting information to apply for and receive VAT refunds is available in a timely manner
  7. Ensuring that statutory filings are completed on time
  8. Ensure that tax prepayments are made when due

Xero Accounting Platform

SCAS Is a certified Xero Advisor. We are migrating our clients to the Xero platform for the following reasons:

  1. All updates are implemented at service provider level
  2. Data is secure
  3. Xero Accounting fees start at US$30 per month for unlimited users
  4. Additionally, access to Hubdoc.com (which is an online document management and storage solution) is standard
  5. Supplier invoices uploaded to Hubdoc.com may be coded automatically and transferred into the Xero platform
  6. Xero has an extensive business partner network with over 750 fully-integrated solutions
  7. Bank account statements in CVS or QIF format may be imported directly into the application for faster bank reconciliation purposes. This reduces the risks of missing transactions.

Xero is one of the fastest growing, cloud-based accounting applications in the world. It was developed specifically for the cloud-based environment, so it has a smoother interface.