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WEBINAR ON ACCFIN SKY SOFTWARE 2021 This is a document that’s illustrates some of the fantastic features of Sky Software that you don’t know about! WEBINAR ON ACCFIN SKY SOFTWARE 2021
Table Of Contents WEBINAR ON ACCFIN SKY SOFTWARE 2021 1 INTRODUCTION 3 SOFTWARE 4 One Screen Approach – Provisional Tax 4 One Screen Approach – ITR12 6 NEW WEB CLIENT THAT WORKS IN THE BROWSER 40 TIMES FASTER 7 NEW TAX MANDATE LETTER TAKING INTO ACCOUNT POPIA 8 Secretarial Mandate 10 CRM TO CONTROL NOTICES AND ASSESSMENT WHICH COME DOWN AUTOMATICALLY 10 CONFIRM PROVISIONAL TAX PAYMENTS AUTOMATICALLY 11 KNOW WHICH CLIENTS RECEIVE AN AUTO ASSESSMENT IN MINUTES 12 REPORT TO ADVISE WHAT THE P3 SHORTFALL IS 12 CIPC COMPLIANCE CHECK LIST 13 DIGITAL SIGNATURE ON A NEW PLATFORM 13 ARE YOU MANUAL 16 WEBINAR ON ACCFIN SKY SOFTWARE 2021
WE LAUNCH VAT E-FILING 16 ALL THE POPIA COMPANY FORMS AND RESOLUTIONS REQUIRED 17 DOWNLOAD CIPC CO AND DIRECTOR DATA FOR COMPARISON AND TAKE-ON PURPOSES 18 ORGANOGRAM ON SHAREHOLDING 21 CONCLUSION 21 WEBINAR ON ACCFIN SKY SOFTWARE 2021
INTRODUCTION We are reputed to be the fastest e-Filer of tax returns in RSA holding the world record of 90 returns by one man in 2 days! We le more tax returns than any other vendor! We will be taking the opportunity of updating you on the latest tax season information that we have. Our CEO and systems architect Sini Naransamy will explain the di erence between the Smart Client and the new Web Client. We will show some of our amazing features and the new features listed below. WEBINAR ON ACCFIN SKY SOFTWARE 2021
SOFTWARE One Screen Approach – Provisional Tax Acc n Sky Software is de ned by a one screen approach which simpli es everything, where one can do everything related to that transaction being worked on without going anywhere else in the software. On the screen below by clicking on the function wheel one can run the whole provisional tax process from beginning to end. Retrieve IRP6’s from SARS Run global calculations, edit, email le - etc. Send email in bulk or one at a time - Store documents in documents folder – see documents tab. WEBINAR ON ACCFIN SKY SOFTWARE 2021
Generate digital signature which once signed automatically is saved in the system. e-File one at a time or in bulk. Powerful lters to display exactly what you want. WEBINAR ON ACCFIN SKY SOFTWARE 2021
NEW WEB CLIENT THAT WORKS IN THE BROWSER 40 TIMES FASTER The screen below shows what the client le looks like in the browser. It loads faster and switches screens in an instant. We have rolled out Sky Time web client to selected users at this point. The web client is in fact the same piece of software as the smart client;- There is no conversion You can run both at the same time There are some very minor differences WEBINAR ON ACCFIN SKY SOFTWARE 2021
NEW TAX MANDATE LETTER TAKING INTO ACCOUNT POPIA It has now become essential to have a pre-season tax letter and mandate or engagement letter as well as con rmation of the demographics of details of the individuals. With the advent of S234 of the tax administration act the consequences of having the incorrect information can be costly. In your tax and secretarial mandates or engagement letters you need to have something similar to the following paragraphs. You can obtain the full mandates of tax and secretarial at the following link. https://acc nsoftware.lpages.co/acc n-sky-tax-mandate/ WEBINAR ON ACCFIN SKY SOFTWARE 2021
We have dealt with the tax mandate extensively and if you wish to know why its imperative then you need to run the webinar on this aspect which you will nd on the following link together with many other webinars. https://www.acc nsoftware.com/tax-webinars.html The Personal Protection of Information Act comes into e ect on the 1st July 2021 which deals with the collecting and processing of private information. In order to provide you with tax services we require your permission to provide us with the necessary information that may fall within the de nition of personal information as well as the taxation acts. We would also like to place on record that our rm has complied internally with all the provisions of the POPI act that relates to us, in regard to the processing, security and backup of your data safely. Our information o cer has signed o on all the requirements. If you require our services to help you implement the provisions of POPIA please advise us. Please note that in the event that we are asked to resign from doing your work for any reason whatsoever it will be necessary for us to retain your records including your private information so that we can deal with any queries that arise from your tax a airs until we are sure that all tax returns led by us are nalized by SARS. The signing of this mandate letter indicates that we have your permission to do that. WEBINAR ON ACCFIN SKY SOFTWARE 2021
Secretarial Mandate A word about the secretarial mandate. Company law compliance is at an all- time low and that’s according to the CIPC Commissioner – check out the notices. Please don’t misunderstand what’s required. In regard to the compliance checklist every company has to comply even if the check list does not have to be submitted to the CIPC. Be up to date with company law – Know the Companies Act, Rules and Guidelines. Here are some free webinars that will help. https://www.acc nsoftware.com/sec-webinars---best-of-the-best.html CRM TO CONTROL NOTICES AND ASSESSMENT WHICH COME DOWN AUTOMATICALLY WEBINAR ON ACCFIN SKY SOFTWARE 2021
When a user logs in the following reminders will appear. Run the video below to see how automatic notices work. https://vimeo.com/manage/videos/362964728 CONFIRM PROVISIONAL TAX PAYMENTS AUTOMATICALLY Watch the video on the link below for the most important and critical function. Did your client pay the receipt on time or get a penalty. WEBINAR ON ACCFIN SKY SOFTWARE 2021
https://vimeo.com/manage/videos/458936709 KNOW WHICH CLIENTS RECEIVE AN AUTO ASSESSMENT IN MINUTES Don’t you think that’s its embarrasing when your taxpayer client calls and asks what is the SMS they received from SARS with a minus number and you don’t know about it. With Sky Tax the system will tell you which of your clients received an auto-assessment. Watch the video on the link below. https://vimeo.com/manage/videos/446412549 REPORT TO ADVISE WHAT THE P3 SHORTFALL IS In light of the claims for COVID-19 Relief it is important to track what the taxpayer should be paying for P3 which is coming up soon by the end of September for February companies. WEBINAR ON ACCFIN SKY SOFTWARE 2021
CIPC COMPLIANCE CHECK LIST Sky Secretarial processes the CIPC checklist based on your secretarial transactions processed between https://vimeo.com/manage/videos/388816345 DIGITAL SIGNATURE ON A NEW PLATFORM We have reached the age of POPI. We need to insure that our documents are guaranteed to reach our clients securely. Sky integrates with Signi ow which guarantees that this will happen! Our digital signature system is fully integrated into SKY Software. The main aim of the Sky Sign system is to allow clients to approve various documents that need to be approved. These are;- WEBINAR ON ACCFIN SKY SOFTWARE 2021
tax return submissions provisional tax submissions shareholder and directors resolutions statutory forms that require a signature Let us take the example of Provisional Tax, say we have just processed a large number of provisional tax calculations, IRP6 forms and letters. We want to send them to the clients for approval. The necessary links are embedded in the email to the clients. When the client receives the letter the link is clicked opening a secure website and the letter opens ready for signature. The client registers their details with the web site (once only) and the system gives the client the opportunity to a x their signature to the letter either accepting or rejecting the contents. The acceptance can be by way of their signed name or a sign indicating their signature. The client can in fact draw or type their signature. They would then be in a position to attach their signature, con rming the contents of the letter, or in fact rejecting the contents of the letter. Once they do this and they have signed the document, it automatically comes back to the sender – the Sky Software system and the contents of the acceptance or rejection is automatically read into the Acc n system. The beauty of doing this bulk process is that the sender can now sort this into acceptance or rejections or no response and proceed with the ling of the necessary processing or ling of returns or documents. The system will also be used for tax returns on a one-to-one basis. WEBINAR ON ACCFIN SKY SOFTWARE 2021
Once the signature is xed to the letter and returned to the sender this will stand up in a court of law and will conform to all the Laws in regard to digital signatures. Example of how the digital signature works https://vimeo.com/314083291 We use Signi ow which is a global company https://www.signi ow.co.za/digital-signatures ARE YOU MANUAL You cant run your tax and secretarial department manually. See what you save by running the video below. If you have 60 clients or more you cant just do this on eFiling. https://www.youtube.com/watch?v=hP73N22FZAs WE LAUNCH VAT E-FILING Do your vat e- ling and collect your vat information and receive your notices and statements of accounts just like you do on Tax Returns. WEBINAR ON ACCFIN SKY SOFTWARE 2021
ALL THE POPIA COMPANY FORMS AND RESOLUTIONS REQUIRED Sky Secretarial does all the POPI forms. Resolutions for the Information and Deputy Information O cer. https://www.acc nsoftware.com/popia-webinars.html The above link contains some of the forms and a must hear webinar. WEBINAR ON ACCFIN SKY SOFTWARE 2021
DOWNLOAD CIPC CO AND DIRECTOR DATA FOR COMPARISON AND TAKE-ON PURPOSES We are now in a position to obtain the following CIPC data straight into Sky Sec for comparison and take-on purposes. All we need is the company name and registration number. We obtain all the necessary info including company tax numbers, directors tax numbers, vat numbers etc. This means that if we have a list of company names and company registration numbers we can take on most of your company secretarial and tax companies as well as directors. If there are any directors missing we can update Sky Tax. WEBINAR ON ACCFIN SKY SOFTWARE 2021
WEBINAR ON ACCFIN SKY SOFTWARE 2021
WEBINAR ON ACCFIN SKY SOFTWARE 2021
ORGANOGRAM ON SHAREHOLDING Produce an organogram of shareholding with Sky Secretarial. CONCLUSION There is of course much much more. We will be using Sky Software to deal with all the pitfalls that you may have in your o ce and major new exciting features of our software as well as various legal and practical aspects. WEBINAR ON ACCFIN SKY SOFTWARE 2021
BEST ACCOUNTING SOFTWARE DEVELOPMENT COMPANY Best Accounting Software Development Company - South Africa Research was centred around an in-depth evaluation of skills and services on o er and the wider market reputation of each nominee was also taken into consideration. Case les were built following investigations into public domain sources which were used to determine the performance, achievements and contributions of each nominee, and were then presented to our panel for assessment. Katherine Benton - Awards Executive - Corporate Vision Address: Ground Floor, Suites B-D, The Maltsters, Wetmore Road, Burton upon Trent, Sta ordshire, DE14 1LS Registered Company Number: 07400916 | ICO Registration: ZA269476
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