Start an Accounting & Bookkeeping Business

Accounting & Bookkeeping Business

Accounting & bookkeeping business refers to the gathering and processing financial and bookkeeping information of your customers’ companies with the aim of reducing expenses, paying fewer taxes legally and managing the budget in general.

In South Africa, the accounting sector is represented by tens of thousands of chartered accountants, bookkeepers and accounting technicians. In general, the industry includes over 100 thousand specialists.

Business Model

●     Accounting Services;

●     Accounting Officers;

●     Tax Services;

●     Bookkeeping;

●     Payroll;

●     Annual Financial Statements.

Tools & Equipment

Starting a bookkeeping business requires getting certified, setting up a company and hiring accountants. This is a white-collar business, which means, you only need computers, laptops, tables, chairs, office stationery.

Also, you might need accounting software such as Sage 200 Evolution, Xero, ZipBooks, ERP accounting software, QuickBooks and others.