We offer a complete all-in-one service solution that is unique to the accounting,
payroll and tax needs of schools

Services for Schools

As a registered and approved auditor of the Western Cape Education Department (WCED) and as a registered SAICA / SAIPA accounting firm and tax practitioner, we are confident that our firm is the best and trusted business partner for any school.

SB FINANCE ACCOUNTANTS has established itself as a recognised and specialist service provider for a vast number of schools in the Metropole North, Winelands, and Central Education Districts for the last 20 years.

Our reputation precedes itself within our profession. We have an impressive client list of more than 100 loyal schools that we can provide to you on request.

We offer a complete all-in-one service solution to schools. Having your auditor, payroll administrator and tax consultant in the same office will enable you to manage your school easily and effectively, while also saving you a great deal of time.

Prices Include VAT

EMP501 Submissions (Bi-Annual Returns) Incl. IRP5 Certificates
For all employees
R 900 X 2 = R 1 800
EMP201 Submissions (Monthly)
(Inc. Payslips, UI-19’s, Salary/UIF/PAYE calculations and queries)
1-5 permanent employees
R 390 per month
6-10 permanent employees
R 585 per month
11-15 permanent employees
R 790 per month
16-20 permanent employees
R 990 per month
21-25 permanent employees
R 1 200 per month
26-30 permanent employees
R 1 400 per month
31-35 permanent employees
R 1 580 per month
36-40 permanent employees
R 1 770 per month
41-50 permanent employees
R 1 970 per month
51-60 permanent employees
R 2 290 per month

Independent Reviews

Most no fee schools do not require full audits of their financial statements. Our independent review team helps add the required assurance to financials without having to do full audits.

WCED 043 – Reconciliations

Maintain financial accuracy and transparency with our WCED 043 Reconciliations service, ensuring timely reconciliations and up-to-date financial records for the effective management of your school.

PAYE / UIF / SARS / COIDA Registrations

This is deep specialist field where you do not want to make mistakes. Get the peace of mind that your school’s compliance is taken care of by a team of accounting professionals who know the ins and outs. Expertly guiding you through each registration process for a hassle-free experience.

Payroll Submissions / Payslips

More employees do not have to mean more headaches. We offer a simple solution for payroll tax management that includes all payslips, UIF / PAYE filings and submissions. You hire A player teachers and personnel; we’ll cover the administration and tax side.

Exemption Fee Application Verification & Sign Off

Streamline your exemption fee application process with our verification and sign off services, ensuring compliance as per the WCED guidelines.

Annual Budget Allocations

Optimize your financial strategy of your school with our annual budget allocations service, helping you allocate your school’s resources effectively to achieve your goals and maximize your return on investment.

Risk Based Auditing

Enhance your school’s financial integrity with our risk-based auditing services, focusing on key risk areas to provide tailored insights and strengthen your internal controls.

Financial Skills Training

We specialise in financial training for schools i.e., training in financial categories, source document requirements, the framework of WCED043 excel file, processing receipts / income, processing payments / expenses and the completion of the bank reconciliation etc.