Monthly Bookkeeping Services in fees South Africa

Monthly Bookkeeping Services in fees South Africa: Monthly bookkeeping services have become increasingly popular in South Africa as small businesses and individuals seek to manage their finances in a more efficient and cost-effective manner. With the rise of technology, bookkeeping has become much easier, faster and more accessible to the masses. In this article, we will look at some of the monthly bookkeeping services offered in South Africa and their prices.

List of Monthly Bookkeeping Services in fees South Africa

List of Monthly Bookkeeping Services in fees South Africa:

1. Data entry: This service involves inputting of all transactions into the accounting software. This service is offered at a rate of R300 per hour.
2. Bank reconciliation: This involves reconciling the bank statement with the accounting software. This service is offered at a rate of R350 per hour.
3. Invoicing: This involves the preparation of invoices and sending them to clients. This service is offered at a rate of R300 per hour.
4. Debtors and creditors management: This involves the management of debtors and creditors, including the preparation of statements and reconciling accounts. This service is offered at a rate of R450 per hour.
5. Payroll management: This involves the preparation of pay slips and the calculation of PAYE and UIF. This service is offered at a rate of R450 per hour.
6. VAT returns: This involves the preparation and submission of VAT returns. This service is offered at a rate of R450 per hour.
7. Management reports: This involves the preparation of management reports such as profit and loss statements, balance sheets and cash flow statements. This service is offered at a rate of R450 per hour.
8. Annual financial statements: This involves the preparation of annual financial statements in accordance with the Companies Act. This service is offered at a rate of R800 per hour.
9. Bookkeeping packages: Bookkeeping packages are offered at a discounted rate compared to the individual services. Packages start at R2,000 per month.

Monthly bookkeeping services in South Africa are a cost-effective solution for small businesses and individuals looking to manage their finances efficiently. With a wide range of services offered, there is something to suit every budget. If you are looking to outsource your bookkeeping, it is important to choose a reputable provider with experience in your industry.