Each month
Monthly accounting
A monthly close you can read: cash, tax, who owes you, and whether the month actually made money.
What a month with us actually contains
Bookkeeping records what happened. Monthly accounting decides what it means, and what has to be declared. We close the month while you can still remember it: the bank is reconciled, invoices are in, supplier bills are in, and the VAT and payroll journals sit in the right period.
You then get a short reading, not a 40-page export. Cash in the bank, tax that is already spoken for, customers who are late, suppliers who are due, and whether gross margin moved. If something looks wrong, we say so in the same note.
Who this is for
Owners who are past the shoebox and not yet big enough to employ a full finance team. Family businesses in Cape Town and further afield. Companies, close corporations that are still around, and sole proprietors whose affairs have outgrown a spreadsheet.
- You want decisions monthly, not a surprise at assessment time
- You already have a bank account dedicated to the business, or you are willing to separate it
- You can send source documents during the month, not only in February
What we need from you
Access to the bank feed or statements, sales invoices, supplier bills, and a named person who can answer “what was this payment?”. The system can be Sage Business Cloud Accounting. If you are on something else, we will say whether a move is worth it before we touch a single code.
What is included
- Bank, card and loan reconciliations
- Sales, purchases and journals for the month
- VAT and payroll entries posted into the right period
- Debtors and creditors that match the real world
- A one-page management note in plain language
- A running list of missing documents
Questions on this service
Bookkeeping captures and codes the transactions. Monthly accounting adds the reconciliations, the adjustments, the tax entries and a reading of the result. TSBA can do both. Most clients who stay do both, because coding without a close just moves the mess into a nicer file.
Yes. We start with the bank and the documents that still exist, then rebuild the months that matter for VAT and income tax. Catch-up is quoted separately from the monthly rhythm, because it is a project, not a subscription.