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Thread: No ROE found for organisation

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    No ROE found for organisation

    I have been trying to do a COIDA Letter of Good Standing for a client. On the ROE page, I get this: No ROE was found for organisation. How can get around this? The Dept call centre just eats airtime with no response. Thanks in advance.

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    Site Caretaker Dave A's Avatar
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    I suggest file a return of earnings online. It should be processed near immediately automatically.

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    Quote Originally Posted by Dave A View Post
    I suggest file a return of earnings online. It should be processed near immediately automatically.
    Thanks Dave. I was actually doing it online. I have since found out that some companies are transferred to Rand Mutual Assurance and ROE must be submitted there.

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    Hi Dave,

    Sorry to post on this. I submitted the wrong ROE and confirmed everything because I thought it was the figures for that specific company. Now i have been selected for an audit. We are a small security company that just started last year. I cannot get financials for we dont even have an auditor.

    My question is,
    1.If they are going to auto assess the company, how long might it take for them to do it? I am on panic mode.
    2. If i cannot provide them with the financials how will that work out?

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    Quote Originally Posted by Rues View Post
    Hi Dave,

    Sorry to post on this. I submitted the wrong ROE and confirmed everything because I thought it was the figures for that specific company. Now i have been selected for an audit. We are a small security company that just started last year. I cannot get financials for we dont even have an auditor.

    My question is,
    1.If they are going to auto assess the company, how long might it take for them to do it? I am on panic mode.
    2. If i cannot provide them with the financials how will that work out?
    Don't you even have a basic spreadsheet, invoices, bank statements, salary slips etc.... Get a bookkeeper to compile a set of books using the documents. My bookkeeper/accountants did 7 years worth of books (in 4 months) for me based on such data. SARS were just too happy that we got the books up to date. Speak to a bookkeeper or accountant. SARS won't put you in jail - they just want a bit of money (a good bookkeeper/accountant will make sure they get very little)

    - don't stress!

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    Site Caretaker Dave A's Avatar
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    What Adrian said applies to the Compensation Fund too

    May I just suggest in addition that if you submitted an erroneous return, you submit a corrected return proactively (together with an explanation of the cause of the error) without waiting for an audit outcome.

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    Hi Dave,

    Thank you so much. I had already sent a manual ROE and an explanation why I submitted the wrong returns.
    I hope they wont take forever to revert back....

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    Hi,

    Thank you so much...

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