XJM is a South African entity which is owned and managed by a qualified and registered Chartered Accountants and Auditors. The motivation behind the establishment of this financial house was the fact that for many years, sound financial management and good corporate governance proved to be some of the areas impeding the growth of the Small and Medium Enterprises (SME’s) in South Africa. There was also a realisation that system design and implementation, auditing, policy implementation and staff training are all key in achieving business growth.
XJM’s service offering includes products and services such as financial consulting, accounting and financial management, payroll, tax and other business related functions. It therefore covers business advise through face to face meetings, accounting and salary structures as well as requirements and submissions for SARS registration.
Accounting and financial management services provided by XJM are, daily, monthly and annual bookkeeping, invoicing, bank reconciliation, debtors and creditors, monthly management information pack, budgeting and cash flow management, annual financial statements, acting as accounting officer for Close Corporations, catch up and backdated accounting, NPO accounting and external financial statement preparation.
Payroll services are tailored for temporary, weekly and monthly staff, payslips to staff, tax compliance and SARS submissions and salary structure. Closely tied to payroll are the tax services such as VAT, provisional income tax, annual returns, SARS liaison and correspondence, tax clearance certificates, corporate and personal tax as well as tax advice.
XJM also provides other business functions such as consulting services during business set up, general business advice,mergers and acquisitions,BEE certificates, annual returns and other advisory services.