Small businesses in South Africa face a hefty set of challenges, both universal to entrepreneurs and unique to our own volatile economic landscape. For entrepreneurs juggling these demands, affordable accounting packages can be a saving grace and game changer. These comprehensive, streamlined solutions combine essential skills such as accounting services, payroll management and tax compliance into a single, straightforward package.
The best accounting packages South Africa has on offer can be found right here at SureBooks. We offer a stellar array of advantages— simplifying your financial management, improving accuracy, saving costs and giving you more free time.
In this article we will explore why accounting packages are so useful to small businesses, what it is that makes our packages the best accounting packages South Africa has available, and a breakdown of the great deals SureBooks offers.
Accounting Packages South Africa: Why Small Businesses Need Them
Like small businesses all around the world, those in South Africa face a number of universal challenges— not to mention a few extra local challenges too. The running of a small business is a time-consuming, energy-intensive and often resource-consuming process that can quickly overwhelm a business owner. On top of this, South Africans operate within a temperamental and unpredictable economy and have to regularly deal with the stresses this volatility entails.
Fortunately, small business owners can give themselves an edge over these challenges by investing into an accounting package. These packages are a streamlined collection of functions that include accounting services, payroll services and tax compliance services. The integration of these service can have the following positive effects upon a small business:
Streamlining Of Financial Management
Managing business finances, payroll and taxes can be an exhausting, complex and time-consuming process for a small business owner. A consolidated bundle of these services will streamline and simplify the financial management of the business, allowing the owner to focus on the core operations of the business instead— without even needing to hire a team of diverse specialists.
Saving Costs
Bundled accounting packages often come at a better price than if a business owner were to purchase each service individually. However, further costs may be saved by helping a small business avoid the penalties associated with tax errors or payroll mismanagement.
Saving Time
Freeing a small business owner from the need to manage their own finances opens up a lot of time, which can now be driven towards the core function of the business or simply to relax.
Better Financial Accuracy
Employing the services of accounting professionals provides small businesses accurate bookkeeping and financial statements, which are absolutely crucial to making informed business decisions. Additionally, businesses that avoid payroll errors also avoid employee dissatisfaction and stressful workplace disputes.
SARS Compliance
South Africa sports an array of highly specific and habitually complex tax regulations, such as PAYE, VAT and UIF requirements. Professional accounting services will ensure a small business is compliant with these requirements, helping them escape harsh fines or audits.
Growth Support
Most small businesses are focused on scaling up their operations and growing as a business, but this is no easy feat. Accounting packages can make this easier by creating accurate financial records and ensuring compliance, which is a necessary part of attracting investors, securing funding or bidding for contracts. Plus, as a small business grows, accounting professionals will ensure that all financial systems scale seamlessly.
Access To Expertise
A simple but invaluable advantage of accounting packages is that they provide a small business with access to the expertise and knowledge of accounting professionals. On top of handling complex financial and tax matters, experienced professionals bring industry knowledge and keep up with changes in regulation, ensuring the business is always up to date.
Why SureBooks Is The Go-To Choice
Now that you understand the key advantages that come with integrating accounting into small businesses in South Africa, it is time to take a look at why SureBooks provides the best accounting packages South Africa has to offer.
The advantages that SureBooks has over other accounting package providers can be simply divided into four categories:
Accreditation
All of our accountants are accredited by SAICA and SAIPA– South Africa’s major accounting service bodies– and our leadership has accreditation from the Chartered Institute of Management Accountants (CIMA). Furthermore, we are also registered with SARS as tax practitioners.
Brilliance
At the end of the day, everyone working at SureBooks is an expert who really knows what they’re doing. The executive leadership of the company has not worked for blue-chip level brands, but also as entrepreneurs themselves. They relate to and understand the needs of an entrepreneur and use this insight to render high-quality services that not only save you money and grow your business but make your life easier.
We know how to effectively communicate with businesses, and are qualified to advise them on the ways in which they can unlock cashflow. Our advice has seen businesses undergo massive growth and see fantastic returns.
Knowledgeable Of Tech
SureBooks is firmly situated in the modern age and our team is intimately familiar with all industry-relevant technologies. We utilize the latest software to ensure accurate and comprehensive bookkeeping for your business. The efficiency that comes with using updated accounting software allows our accountants to reach new levels of performance, saving you more time and money to reinvest into your business.
We use software such as Xero, Receipt Bank and Simple Pay to ensure efficient accounting services, payroll services and customer support, and are able to provide businesses with digital real-time reporting as they require it.
Experience
With over two decades of personal experience in the industry, our leadership can confidently advise small business owners. Although SureBooks is now operating at an enterprise level, working with blue-chip businesses, our leaders were once entrepreneurs themselves and had to build their businesses from the ground up to achieve the heights they stand at now. This means that no matter the level your business is on, we’ll be able to advise you on the optimal way to run it, and how to drive it to the next step.
Positive Reviews
There’s no stronger evidence that SureBooks supplies the finest accounting packages South Africa has to offer, than the testimonial of our past and present customers. The small business owners who have worked with us have seen incredible returns and steady growth, not to mention a massive reduction of hassle and stress in the operation of their businesses.
Accounting Packages South Africa: Solutions For Small Businesses In South Africa
SureBooks provides the best accounting packages South Africa has to offer small businesses. These come in a variety of forms to accommodate the needs of all small business requirements and budgets. These packages can be split into two categories, general and individual.
General Packages
General packages are accounting packages that include a broad-spectrum range of services that are designed to address all the accounting needs of your business, although to various degrees of intensity.
SureStart is an accounting package ideally suited to entrepreneurs hoping to begin their own small business. Although the services are basic, it is the perfect tool to get a business off the ground, and the price is accommodatingly low. For R2200 a month, customers are given access to a small business accountant guide, a Xero monthly health check, weekly reconciliation and management using Receipt Bank and can reconcile credit card and bank statements up to 100 transactions per month.
SureGrowth is the perfect upgrade for a business looking to expand its operations. Although similar to the SureStart package, this upgrade has been scaled up to meet the needs of a business in a growth stage and help expand the necessary financial infrastructure to facilitate this. For R3300 a month, customers are given access to a small business accountant guide, a Xero monthly health check, weekly reconciliation and management using Receipt Bank and can reconcile credit card and bank statements up to 250 transactions per month.
SurePlus accounting package has been tailor made for small businesses who have seen some success and growth, and who now need a more advanced financial infrastructure to cope with larger business operations. For R4500 a month, customers are given a Xero monthly health check, maintenance of fixed asset register, and ensuring of correct VAT allocations, weekly reconciliation and management using Receipt Bank and can reconcile credit card and bank statements for over 250 transactions per month.
Individual Packages
Individual accounting packages are less focused on providing an all-round approach, and instead supply small businesses with specific services at a generous cost.
SurePay takes care of a business’s payroll needs for R500 a month, monitoring leave, payslips, payroll reconciliation with SARS and integration into your Xero account books.
SureTaxes is an all-inclusive tax-specialised package that ensures a business never falls behind on taxes and suffers the associated risks and penalties. For R900 a month, the package includes a compilation of financial statements, provisional and final tax returns calculations and a submission of annual returns to CIPC.
SureCFO is an advanced accounting tool for small businesses playing at the top of the game, but still looking to gain an extra edge. This package provides entrepreneurs with a CFO, or Chief Financial Officer to oversee the financial health of their business. For R6500 a month, the virtual CFO is available for weekly meetings and bi-weekly calls regarding business financial health and strategy. They will conduct executive reporting, discuss business strategy and perform measurement and control over financial growth. This option is one of the most potent accounting packages South Africa currently has available to small businesses.
Accounting Packages South Africa And SureBooks
The running of a small business is no small feat, especially in a country with a volatile economy like we experience in South Africa. However, affordable accounting packages South Africa has available, such as those offered by SureBooks, provide a comprehensive solution to these challenges and can make a world of difference to an overworked entrepreneur. By integrating essential services like accounting, payroll, and tax compliance, these packages streamline financial management, enhance accuracy, save time and costs, and ensure compliance with complex SARS regulations.
Whether your business is just starting out, scaling up, or seeking specialized services, SureBooks’ diverse range of packages caters to every stage of your business’s growth. With a proven track record, cutting-edge technology, and extensive industry expertise, SureBooks gives small businesses the power to focus on their core operations, reduce stress, and unlock their full potential for sustained success. So, visit us on our website to sign up and unlock your business’s protentional.
