Transaction processing
Sales, purchases, expenses and other transactions are captured and allocated consistently.
Accurate monthly bookkeeping
Bookkeeping that keeps your business decision-ready.
Maintain clean, current accounting records so you can understand performance, manage cash flow and meet compliance obligations with confidence.
How BeanWise helps
Reliable support, built around your business.
Bookkeeping is the foundation of every tax return, management report and business decision. When records are delayed or inconsistent, the uncertainty spreads through the entire finance function.
BeanWise processes and reconciles your records on an agreed cycle, follows up on missing information and applies professional review so the accounts remain useful—not merely captured.
What is included
A complete, controlled process.
Bank reconciliations
Bank and credit-card accounts are reconciled to identify omissions, duplicates and unexplained differences.
Debtors and creditors
Customer and supplier balances are reviewed so outstanding items can be followed up and corrected.
Control-account reviews
VAT, payroll, loans and other key balance-sheet accounts are checked for reasonableness.
Supporting documents
Cloud-based document collection creates a clear audit trail for the transactions processed.
Monthly reports
Financial reports are produced from updated records to show profit, financial position and cash movements.
The business benefit
More than a compliance exercise.
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A reliable view of income, costs, debtors, creditors and available cash.
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Fewer year-end corrections and a smoother annual financial statement process.
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Better support for VAT, payroll and income-tax submissions.
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Financial records that are organised if SARS requests supporting documents.
Our process
- 1
Assess the records
We review the existing accounts, systems, bank feeds and outstanding backlogs.
- 2
Agree the monthly cut-off
A practical timetable is set for document submission, processing and query resolution.
- 3
Reconcile and review
Transactions and balance-sheet accounts are reconciled, with exceptions investigated.
- 4
Deliver the reports
You receive the agreed reports and a clear list of issues requiring attention.
Frequently asked questions
Clear answers before you get started.
How often should bookkeeping be done?
Most active SMEs benefit from monthly bookkeeping. Higher-volume businesses may require weekly processing to keep records and cash-flow information current.
Can you fix a bookkeeping backlog?
Yes. Catch-up work can be scoped separately after reviewing the volume, quality of records and periods outstanding.
Do I need accounting software?
Cloud accounting is strongly recommended because it improves collaboration, document access and reporting. BeanWise can help assess an existing system.
Is bookkeeping included in the monthly packages?
Yes. The packages include a defined transaction volume and number of bank accounts, with scope adjusted for the complexity of the business.
Related services
Build the right finance function.
Ready for clearer finances?
Let’s discuss what your business needs.
Tell us where you are now, and we’ll recommend a practical accounting solution with clear scope and transparent fees.
Contact BeanWise