Our Value Proposition
Accounting Services
Outsourced Bookkeeping services
Full-charge bookkeeper. We all know the basic duties of a bookkeeper: to track payables and receivables and keep all your business’s financial transactions documented. Sounds simple enough, but there’s a lot more to this job than meets the eye.
A full-charge bookkeeper can also manage payroll, handle deposits, create and maintain monthly financial reports. Bookkeepers also reconcile bank statements to internal accounts and even help out during an internal or ZRA audit.
Compilations
A compilation is performed simply to gather company financial data and format it into a properly structured set of financial statements.
SIM Consult provide many accounting compilation services to our clients — either monthly, quarterly or annually, depending on the needs of the business. Regardless of the frequency, clients know that we use our knowledge of your business to produce compilations that offer value and information that you can use.
Tax Services
Corporate & Partnership Tax Services
Annual Income Tax returns are some of the most ignored taxes by small businesses in Zambia and by the time the business starts to transition from a small startup to a medium sized entity, they have to start dealing with a mountain of compliance headaches. Let SIM Consult handle your Corporate & Partnership taxes whether its through the start-up phase or the growth stage headaches.
Financial Modelling
Operating Models
Many Finance Professionals still get stuttled when they hear someone talk about building financial models. Quoting CFI “Financial modeling is the task of building an abstract representation of a real world financial situation.” The purpose is to provide insight for the user to imitate a better Financial trajectory.
If you really understand that definition, it would imply that
- A Budget is a Financial Model
- A Forecast is a Financial Model
- A Management Pack could also be a Financial model depending on how its built.
Other optimizations include Incorporating a Sensitivity analyses or building a scenario Manager in the analyses with toggles that project a Base, Worse and Best case scenarios to add an even greater insight to the models.
