Description of Monthly Accounting Services

Packages starting from as little as R450pm, you can have an accountant for your business for a very affordable monthly fee. A nominal once-off Setup and training fee of R2500 applies, monthly fee will start from the following month.

If you've already decided on a package that is best for your business, please click on the button below to get started

Description of Fees

Description of Service Premium Standard Basic Lite
Accounting Software
Invoice template design  Yes  No  No  No 
Real-time bookkeeping  Yes  Yes  Yes  No 
Subscription to Xero software  Yes  Yes  Yes  No 
Accountant support services  Yes  Yes  Yes  No 
Xero training  Yes  Yes  Yes  No 
Chart of Accounts setup  Yes  Yes  Yes  No 
Bookkeeping 
Daily bank reconciliations  Yes  Yes  Yes  No 
Capturing of supplier invoices  Yes  Yes  Yes  No 
Reconciliation of supplier payments  Yes  Yes  Yes  No 
Reconciliation of customer payments  Yes  Yes  Yes  No 
Fixed asset register maintenance  Yes  Yes  Yes  No 
Payroll 
Issuing of IRP5 certificates  Yes  Yes  No  No 
Payroll Software  Yes  Yes  Yes  No 
Issuing of employee pay slips  Yes  Yes  No  No 
Salary payouts (bi-weekly, monthly)  Yes  Yes  No  No 
Provision of leave not taken  Yes  Yes  No  No 
Payroll audits and reconciliations  Yes  Yes  No  No 
Tax Services 
Payroll Returns (EMP201 & EMP501)  Yes  Yes  Yes  Yes 
Payroll Tax queries at SARS  Yes  Yes  No  No 
VAT returns (VAT201)  Yes  Yes  Yes  Yes 
Provisional Tax Return (IRP6)  Yes  Yes  Yes  Yes 
Income Tax Return (ITR12)  Yes  Yes  Yes  Yes 
Financial Reporting 
Management Reports  Yes  Yes  Yes*  No 
Payroll Reports  Yes  Yes  No  No 
VAT Reports  Yes  Yes  No  No 
Assistance with internal audit controls  Yes  No  No  No 
Annual financial statements  Yes  Yes  Yes  No 
Assurance Services 
Independent Review of Financial  Yes  No  No  No 
External Audits  Yes  No  No  No 
Accountant Confirmation Letters  Yes  Yes  No  No 
Compliance Services 
Issue/Renew BEE Certificate & Affidavit  Yes  Yes  Yes  Yes 
Bank Account Application Yes  Yes Yes Yes
CIPC Annual Return Yes  Yes Yes Yes
UIF Registration Yes  Yes Yes Yes
COIDA Registration Yes  Yes Yes Yes
Letter of Good Standing Yes  Yes Yes Yes
Tax Clearance Certificate Yes  Yes Yes Yes
Tax Clearance Certificate PIN Yes  Yes Yes Yes
Shareholders Certificates Yes  Yes Yes Yes
Advisory Services
Tax advisory and planning Yes  No No No
Funding readiness Yes  No No No
Software Integrations Yes  No No No
Business Advisory Yes  No No No
Reporting Consultation Meetings Yes  Yes* No No
Budgeting and KPI Tracking Yes  Yes* No No
Financial Forecasting Yes  Yes** No No
Business Valuations Assistance Yes  No No No

*Limited to quarterly reviews per financial year.
** Limited to once per financial year, on request.

Description of Fees

Description

Price

Once-Off Set Up Costs


Once-Off Set Up Cost & Training

R2 500

Monthly Accounting Fee

(0 - 50 transactions per month)


Accounting Premium

R3 850

Accounting Standard

R2 850

Accounting Basic

R1 850

Accounting Lite

R1 250

Transaction Fee


(0 - 50) Transactions

Free

(51 - 100) Transactions

R600

(101 - 200) Transactions

R1800

Monthly Payroll Fee - per employee


(0-10) Employees

Free

(11 - 20) Employees

R55

(21 - 50) Employees

R45