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Auditing Procedures

Why Audit Payroll ? Unveiling the Process…

Accuracy Matters: Just like anywhere else, South African companies rely on accurate payroll processing. Employees expect their hard-earned wages to be calculated correctly.

Legal Compliance: Auditing ensures that payroll aligns with local rules of labour laws, tax regulations and benefit requirements.

Fraud Prevention: Ghost employees or unauthorized changes can harm any organization. Auditing detects irregularities and safeguards against fraud.

The Audit Trail

Data Scrutiny: Auditors examine pay stubs, time sheets, and tax forms. They verify hours worked, deductions, and benefits. Compliance with employment contracts and company policies is also assessed.

Internal Controls: Auditors check internal processes. Are payroll approvals documented? Is there proper segregation of duties?

Sample Testing: A subset of transactions is tested for accuracy. Think of it as quality control for payroll.

The Human Element

Interviews: Auditors chat with payroll staff. Are they knowledgeable about regulations? Do they understand their roles?

Employee Feedback: Talking to employees reveals insights. Are paychecks accurate? Are benefits aligned with expectations?

The Final Report

Findings and Recommendations: Auditors compile their discoveries. If issues are found, they recommend corrective actions. A clean audit brings peace of mind.

 

 

Red Dot Now provides accounting, payroll and tax compliance services using the best of breed online technology.

Should you want to discuss this, or any of our services further, contact Ryan Coates on e-mail at ryan@reddotnow.com

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We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.Rory Loader
We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”Nicky Bailey • MD – Webco
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”Jacques Buchner CEO – RB Africa
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”
“Red Dot Now has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Red Dot Now outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”John Cerff CFO – VM Automotive
“Red Dot Now has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Red Dot Now outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”Founders - International Player Management (Pty) Ltd
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”Pierre Roux - Group Financial Manager & Premier Hotels & Resort
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”Johnny Goldberg - CEO Global Business Solutions
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”
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We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.
Rory Loader
We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”
Nicky Bailey • MD – Webco
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”
Jacques Buchner CEO – RB Africa
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”
“Diga has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Diga outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”
John Cerff CFO – VM Automotive
“Diga has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Diga outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”
Founders - International Player Management (Pty) Ltd
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”
Pierre Roux - Group Financial Manager & Premier Hotels & Resort
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”
Johnny Goldberg - CEO Global Business Solutions
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”

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