SAC Code 998222 - Accounting and bookkeeping services
- The first two digits of the SAC code are 99 which represents all services.
- The first four digits of the SAC code are 9982 which represent the services that come under the heading, Legal and accounting services.
- The complete six digit SAC code 998222 is used for Accounting and bookkeeping services.
Additional Notes on the SAC code 998222
Accounting and bookkeeping services This service code includes i. reviewing annual and interim financial statements and other accounting information. The scope of a review is less than that of an audit, and the level of as surance provided is thus lower ; ii. compilation of financial statements from information provided by the client. No assurances regarding the accuracy of the resulting statements are provided ; iii. preparation of business tax returns, when provided as a package wi th the preparation of financial statements for a single fee are classified here ; iv. compilation of income statements, balance sheets, etc ; v. analysis of balance sheets, etc ; other accounting services such as attestations, valuations, preparation of pro forma statements, etc .; vi. classifying and recording business transactions in terms of money or some unit of measurement in the books of account ; vii. similar services provided by accountants. This service code does not include: - financial auditing services, cf. 998221 - tax preparation services, when provided as separate services, cf. 99823 - bookkeeping services related to tax returns cf. 99823 - payroll services, including payroll computation and ledgers, cf. 998223
This SAC code comes under the SAC heading - 9982 - Legal and accounting services
This heading contains the following SAC Codes -
| SAC Code | Description |
|---|---|
| 998211 | Legal advisory and representation services concerning criminal law. |
| 998212 | Legal advisory and representation services concerning other fields of law. |
| 998213 | Legal documentation and certification services concerning patents, copyrights and other intellectual property rights. |
| 998214 | Legal documentation and certification services concerning other documents. |
| 998215 | Arbitration and conciliation services |
| 998216 | Other legal services n.e.c. |
| 998221 | Financial auditing services |
| 998222 | Accounting and bookkeeping services |
| 998223 | Payroll services |
| 998224 | Other similar services n.e.c |
| 998231 | Corporate tax consulting and preparation services |
| 998232 | Individual tax preparation and planning services |
| 998240 | Insolvency and receivership services |