Ideal-Plus Bookkeeping Solutions Business Profile

Ideal-Plus Bookkeeping Solutions

(Simplifying Business)
Business Profile 2014
Ideal-Plus Bookkeeping Solutions Business Profile
1. About Us
Ideal-Plus Bookkeeping Solutions is a registered business located in Kinoo Nairobi County, Kenya,
delivering a range of business services specializing in consulting services for small and medium
sized businesses. Primary services include bookkeeping, payroll services and accounting software
sales and service.
Ideal-Plus Bookkeeping Solutions reduces the stress of running a business. Offering a
comprehensive business and Bookkeeper service we grow your business while assisting with
keeping the books accurate.
We implement systems and processes allowing you to monitor, enhance, and improve your
bottomline.
Ideal-Plus Bookkeeping Solutions experienced strong growth on the back of client referrals. We
have expanded the Bookkeeping support to include office administration, Management
Accounting, strategic consulting and delivery of training.
The future holds aggressive expansion as we continue to drive growth through customer
satisfaction and thus referral work.
Our Mission
To support and guide clients to achieve success in their business by acting as their trusted
business bookkeepers and advisers.
To provide quality, cost effective, personalized and innovative business solutions to meet the
changing needs of our clients.
To empower our manpower through continuous professional development to face the
dynamic global challenges.
Our Philosophy
We believe in recruiting and retaining sound professional and support staff, providing
training and opportunities for growth in a stimulating and an enabling environment.
We are dedicated to maintaining a strong internal administration, thereby enabling
provision of quality service and ensuring client satisfaction.
At Ideal-Plus Bookkeeping Solutions relationships are our top priority, and we strongly
believe that good relationships with our stakeholders are a prerequisite to our success.
Quality control procedures
Ideal-Plus Bookkeeping Solutions operates on common standards based on International
Standard of Quality Control that provide guidance on maintaining an adequate system of quality
control over all aspects of professional work. Top quality with zero defects remains our highest
priority.
Ideal-Plus Bookkeeping Solutions Business Profile
Confidentiality and independence
We require strict adherence by all our staff to the ethical rules of our profession. Therefore, in all
respects of our practice, the firm and its employees maintain strict confidentiality towards
information obtained while carrying out our duties. In addition, the firm and its people maintain
complete independence of interest and mental attitude in relationships with clients.
Why Us?
Consistent Accuracy
We will apply effective procedures and controls to detect and prevent errors and omissions
before producing the report
Deadlines
We shall ensure that all reports are produced on time.
Effective Communication
We will also assign staff who will be available when need arises and who will ensure that your
work receives top priority.
Legal Compliance
We will apply our extensive knowledge to advise you on the requirements of tax law, ensuring
that you and the staff do not suffer incorrect taxation.
Timely remittance of all deductions
We will ensure that PAYE, NSSF, NHIF, Union dues, Loan Repayments and any other deductions
are paid in time to avoid penalties.
Confidentiality
We are accustomed to confidentiality in all our work.
Locating our operations within your offices will means that no documents leave your premises
thereby enhancing control and confidentiality.
Reports
We shall prepare comprehensive monthly reports of the payments made within the time limits
foreseen in the subject month.
Flexible hours
Understanding that many small business owners work during the day we offer staff across
both traditional business times and after hours.
Ideal-Plus Bookkeeping Solutions Business Profile
Core Values
Our service is driven by our core values being:
Commitment to service delivery;
Integrity always conforming to high ethical standards;
Teamwork achieved through using multi-disciplined and diverse teams;
Accountability to our stakeholders; and
Quality achieved through compliance with professional standards and active
management participation.
Our commitment is to identify, meet and exceed our clients expectations by providing a cost
effective, efficient and holistic service.
We provide a personal service by being readily available to our clients and responding to their
needs within a reasonable time. We establish strong, lasting relationships based on service
delivery, exceptional quality and our reputation for adding value.
We provide expert and impartial advice and maintain the highest standards of professional
conduct and expertise.
Ideal-Plus Client Care Charter
Our approach
Ideal-Plus is built around a client-centred, practice-focused approach, providing clients with
expertise based around their specific needs.
To ensure that you receive an efficient level of service fromus, we will:
handle all your enquiries courteously and confidently
see to it that you have direct access during working hours to the member of our staff
managing your work assignment
communicate with you in a clear and concise manner
respect your need for confidentiality
keep you informed about the progress of your work assignment
discuss with you, where appropriate, new ideas for your business
review your work assignment before it is completed so that we can make sure that we
have done all that we said we would do
on completing your work assignment, review our performance and carry out an appraisal
of the members of our staff who have been working with you
provide you with a value for money, cost effective and efficient service
Ideal-Plus Bookkeeping Solutions Business Profile
Services we provide
a) Accounting/Bookkeeping services
Bookkeeping services and Management Accounting Solutions provides you with the option to
outsource some or all aspects of your accounting requirements. One of our consultants would
be pleased to contact you to explain the services in detail.
Our scope as bookkeepers has been detailed out below:
Preparing and updating your books of account on a daily, weekly, biweekly, monthly, basis with
tax compliance services. This will include:
Updating the general ledger including the prime books of entry periodically as agreed
Preparing bank reconciliation statements every month.
Preparing and submitting the monthly Value Added Tax (VAT) returns with Invoice wise
breakup of the VAT accounts
Preparing financial management accounts in the format required by yourselves
Financial statements preparation; (Balance Sheet ,P&L, Schedules to Balance Sheet and
P&L and the Trial balance ) All in excel spreadsheet and in English language
Ensure tax compliance for with-holding tax where applicable and filing of annual returns.
Management accounting reports and Information;
Why a Bookkeeping Service may be of interest to you?
We offer comprehensive manual or computerised bookkeeping and payroll systems maintained
by trained accounting staff. This local service could be performed either in your offices or ours.
Outsourcing allows you to allocate more management time to run your business and increase
profits rather than on this mundane albeit skilled and necessary function.
Why a Management Accounting Service may be of interest to you?
The director or consultant will review your financial information and provide relevant reports
to help you run your business. This information may be provided by our local bookkeeping
service or form records you maintain yourself. The cost of this expertise would be a small
fraction of the true cost of employing somebody of equal experience.
b) Payroll services
We will administer the payroll on your behalf. This will include:
Preparing the payroll on a monthly, weekly or biweekly basis
Ensuring compliance with the local statutory and tax requirements
Preparing pay slips
Preparing and filing the monthly returns for Pay As You Earn (PAYE), National Social
Security Fund (NSSF) and National Hospital Insurance Fund (NHIF) and remitting any
amounts due to the relevant authorities
Payment of employees via EFT if required.
Preparing all relevant documentation that are to be submitted to the authorities on a
monthly, quarterly and annual basis e.g. forms P10, P10as, P9as etc.
Ideal-Plus Bookkeeping Solutions Business Profile
c) Accounting Software sales and services
Selection of the right software solution for your company, taking into account your
industry and business characteristics, existing accounting system and financial reporting
requirements.
Purchase of the software. We often receive preferred pricing, which we pass on to our
clients.
Software installation, including
a. Setting up existing information, such as a trial balance and chart of accounts.
b. Adding functions, such as cash register, accounts receivable, accounts payable, bank
reconciliation, inventory, payroll, sales tax, and customized reports and forms.
c. Integrating with other software programs.
On-site training of staff that will be using the software, as well as ongoing support.
Remote support through desktop sharing.
Our team will provide the resources you need to identify and install the right accounting software
solution for your company.
Client Base
Some of the clients, who have benefitted from our service over the years, include:
Client Name Nature of
Entity
Industry
Tihan Limited Private Manufacturing
Isanda Investments Private Distribution
Good hope Medical Centre Private Health
Bidii wholesalers Private Wholesale
Office choice stationeries Private Wholesale
Herlonex Investments Private Retail
Kinoo Roadside Limited Private Real estate
C&M Fastcom Private Information Technology
Afri-Queen Cosmetics Private Retail
BFL Carriers Ltd Private Transport
Trekkers Bar and Restaurant Private Hospitality
Ideal-Plus Bookkeeping Solutions Business Profile
77~ 7 ~
Contact Us
To discuss the advantages of our service we invite you to accept
a free Consulting hour to discuss how we could benefit the long-
termsuccess of your company. Contact Mr. Samuel Kanyi on;
Mobile: 0722-750-226 or 0727-776-261
Email: idealpluscompany@gmail.com
Website: www.ideal-plus.kbo.co.ke
Physical: Kinoo along Waiyaki way