Monthly Accounting
Services in South Africa

Qualifying Criteria:

• Your company must have a minimum trading history of 3 months.
• Your company should have generated more than R30,000 in income to date.
• Your company’s financial records must not have been reviewed by a registered accountant within the past 3 months.

Savings Projection:

To make it clear to you how we’ll save your company money, your accountant will send you a ‘Savings Plan’ before the first month’s accounting work starts. If you are not happy with this savings plan and want to cancel your accounting plan, you have to confirm within 48-hours via email. The savings plan will be your company’s projected saving over a one-year period and does not include immediate savings in the first month.

These savings may include the following areas:

• Reduction in expenses, such as bank costs.
• Efficient VAT claims to avoid penalties.
• Proper income tax structuring to minimize income tax payments.
• Increased profit through monthly management account insights.
• Improved cash flow management leading to higher net profit margins.
• Time saved by using better systems (e.g., CRM, HR, Invoicing).

Cash Back Claim Requirements:

You will have 1-month to send us the required financial documents we need to set up your savings plan. After that month, this offer becomes null and void.

If you are not satisfied with the savings plan provided by our accountant, you have the right to claim our R500 Cash Back Offer within 48 hours.

After 48 hours we will start your accounting work and the R500 Cash Back offer is null and void.

Gross Savings vs Net Savings:

At Company Partners, we are committed to delivering “Gross Savings,” not “Net Savings.” Gross savings pertain to your annual expenses prior to the inclusion of our accounting fee. While you may experience net savings, indicating an overall reduction in expenses, accounting fees are an integral part of any company’s expenditure and should be factored into your financial planning.

An Accounting Service is a professional service that helps businesses track their financial transactions, manage their cash flow, and comply with tax laws. Accounting services can include a variety of tasks, such as bookkeeping, tax preparation, financial planning, and accounting consultation.

In South Africa, it is important to stay up to date with your monthly accounting and ensure that your company complies with SARS at all times.

A Tax Accountant is a professional who specializes in preparing and filing tax returns. A bookkeeper is a professional who tracks a company’s financial transactions and prepares financial statements. Both Tax Accountants and Bookkeepers play important roles in helping businesses manage their finances, but they have different areas of expertise.

Accounting is the process of recording, summarizing, and reporting financial transactions.

Tax is the money that businesses and individuals pay to the government.

Accounting provides the information that is needed to prepare Tax Returns, but Tax Preparation is just one aspect of accounting.

Accounting and Tax are closely related, but they are two different things.

Tax services are focused on helping you prepare and file your tax returns.

Accounting services are more comprehensive and cover a wider range of financial tasks, such as bookkeeping, financial reporting, and financial planning.

As a SME in South Africa it is important to have a comprehensive service that covers both Tax and Accounting.

There are many reasons why you might need Accounting Services.

Some of the most common reasons include:

To save time and money: Accounting can be a complex and time-consuming task. By outsourcing your accounting to a professional, you can save yourself time and money.

To get expert advice: Accountants are trained to understand and interpret financial information. They can provide you with expert advice on how to manage your finances, make sound financial decisions, and comply with SARS Tax laws and regulations.

To ensure monthly control: Using a professional Accounting Services in South Africa, ensures your accounting is up to date each month and your annual and seasonal tax submission remain complaint at SARS.

To grow your business: Accountants can help you develop and implement financial strategies to help your business grow and succeed.

There are a variety of accounting packages available for small businesses in South Africa. Some of the most popular packages include:

• SmartEdge (Free with our Accounting): SmartEdge is a completely functional accounting software that offers end-to-end Windows solutions. This is a comprehensive and reasonably priced solution for small and startup businesses.
• Sage One: Sage One is a cloud-based accounting software that is easy to use and affordable. It is a good option for small businesses that are just getting started.
• Xero: Xero is another cloud-based accounting software that is popular with small businesses. It is more powerful than Sage One, but it is also more expensive.
• QuickBooks Online: QuickBooks Online is a popular accounting software that is available for both desktop and mobile devices. It is a good option for small businesses that need a more robust accounting solution.
•  SmartEdge: SmartEdge is a completely functional accounting software that offers end-to-end Windows solutions. This is a comprehensive and reasonably priced solution for small and startup businesses.

Also consider your monthly payroll services when investigating accounting software.

The cost of bookkeeping services in South Africa varies depending on the size and complexity of your business.

SME’s can expect to pay between R500 and R20,000 per month for basic bookkeeping services in South Africa.

Accounting services packages are a bundle of accounting services that are offered at a fixed price. This can include a variety of services, such as bookkeeping, tax preparation, financial reporting, and accounting consultation.

Accounting services packages are a good option for businesses that are looking for a comprehensive company accounting solution at a predictable price.

There are a variety of accounting services packages available, tailored to the needs of businesses of all sizes and industries. Some common accounting services packages include:

• Start-up packages: These packages are designed for new businesses and typically include basic bookkeeping and tax preparation services. View our Basic Monthly Accounting Service starting at R1990. 
• Growth packages: These packages are designed for businesses that are growing and need more comprehensive accounting services, such as financial reporting and accounting consultation.
• Enterprise packages: These packages are designed for large businesses with complex accounting needs.

Need a custom Accounting Service Package? 

Signup for a FREE Accounting Consultation with our Accounting Specialist today!

Accounting consultation is a service that provides businesses with expert advice on their finances.

Overall, accounting consultation can provide small businesses with a number of benefits, including:

To gain insights into financial performance: Accounting consultants can help small businesses track their financial performance over time and identify areas where they can improve. This information can be used to make better financial decisions and allocate resources more efficiently.

To develop financial strategies: Accounting consultants can help small businesses develop financial strategies to achieve their business goals. This may include developing budgets, forecasting cash flow, and identifying potential sources of funding.

To obtain expert advice: Accounting consultants have a deep understanding of financial matters and can provide expert advice on a wide range of topics, such as tax planning, budgeting, and financial reporting. This advice can be invaluable to small businesses, especially those that do not have the in-house expertise to handle these tasks.

Signup for a FREE Accounting Consultation with our Accounting Specialist today!

Find our why Elisheba Security and Cleaning Services has signed up for more than 20 of our services.

We offer a stress-free way to handle your Tax Backlog with SARS. First, we look at your tax situation to see if there are any taxes or returns that are still due. After that, we make a custom plan to resolve your backlog. We offer optional accounting services and a unique monthly maintenance plan to keep you up to date and in line in the future if you need ongoing help.

Click here to View our Tax Backlog Review Service.