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Accountancy for small and medium-sized businesses
Hand your bookkeeping, payroll and tax filings to a team that does it every day, and spend your time running the business.
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Most small and medium-sized businesses cannot justify a full finance team, but they still need accurate books, correct payroll and tax returns filed on time. Doing it in-house often means the owner or one busy member of staff fits it in around everything else, and things get missed.
Outsourcing to SLONEC gives you a finance function without the cost of building one. You keep control of the decisions; we keep the records straight.
As your business grows, the questions get bigger: whether you can afford to hire, how to price a contract, whether to borrow. Because we know your numbers, we can help you answer them, and our sister business, SLONEC Consultancy, can help with strategy and planning when you need it.
Most small and medium-sized businesses we meet are good at what they sell and short of time for everything else. The same issues come up again and again: sales and expenses recorded in a notebook or a spreadsheet only one person understands, payroll worked out by hand, PAYE and NASSIT paid late, and tax returns filed in a hurry or not at all. When the NRA writes, or a bank asks for accounts to support a loan, the business has to rebuild its records under pressure.
We fix that with a routine that fits the size of the business. You send us your sales, purchases and bank statements in whatever form you keep them, we record and reconcile them, run the payroll and prepare the returns, and you get a short set of figures you can actually use. Because we keep the books, the returns match the accounts, and the year-end is a short job rather than a rescue.
Scope and fees are agreed in writing before work starts.
1
Initial call to understand your business and how your records are kept now.
2
Quote setting out the monthly and year-end work.
3
Set-up of your records and payroll.
4
Regular routine with review meetings to go through the figures.
It depends on the number of transactions, staff on the payroll and returns you need. After a short call we send a fixed monthly quote in writing, so you know the cost before you agree.
Yes. We first bring your records up to date and work out what is outstanding with the NRA and NASSIT, then move you on to a monthly routine. We tell you plainly what the catch-up involves before we start.
Not necessarily. We can work with the system you use now. If your records are on paper or in spreadsheets, we can recommend a simple accounting package and help you move to it.
Yes. Payroll for a handful of staff still needs correct PAYE and NASSIT deductions and payslips. We run it every month and prepare the schedules you need to pay on time.
Yes. Because we keep your books, we can pull together the records the NRA asks for, prepare an explanation and deal with the query alongside you. Our Tax / Compliance team handles audits and assessments.
Yes. Banks usually ask for recent accounts, management figures and evidence that tax is up to date. We prepare these from your records so the application is easier to support.
Freetown · 1 Hannah Benka-Coker Street
Your work is handled by the SLONEC Accountancy team at our Freetown office and overseen by Ishmael Bangura, who founded SLONEC in 2023 and is a professional accountant. When you get in touch, we tell you who your day-to-day contact will be and how to reach them, and we agree the scope and fee in writing before any work starts.
Tell us what you need, or book a call to talk it through first.
SLONEC is an accountancy and consultancy firm that specialises and provides a wide range of accountancy and consultancy services to individuals, businesses, and organisations within Sierra Leone and beyond.