Vatco Consulting Services
Get Monthly Bookkeeping Support You Can Rely On
Let Vatco help you stay on top of your books with affordable, reliable, and SARS-ready bookkeeping services — month after month.
Providing Quality Services
with Experienced Consultants
1. Schedule A Consultation
Visit our website and schedule a consultation with one of our experienced accountants.
2. Discuss Your Financial Goals
Our team will sit down with you to discuss your financial needs and goals, and develop a customized plan to achieve them.
3. Watch Your Business Thrive
We’ll work with you to implement the plan and ensure that your business is thriving financially.
Contact us at the Vatco nearest to you or submit a business inquiry below.
What Is Monthly Bookkeeping?
Monthly bookkeeping is the routine process of recording and managing all financial transactions of a business every month. This includes tracking income, expenses, assets, liabilities, and reconciliations. It ensures accurate financial reporting, helps you understand your cash flow, and prepares your business for tax submissions or audits.
At Vatco, we provide trusted monthly bookkeeping services tailored to South African businesses of all sizes — from startups and freelancers to SMEs. We help you keep your books in order, so you’re always ready for growth, investment, or compliance.
Why Monthly Bookkeeping Matters
✅ Stay Compliant with SARS: Clean financials are essential for tax returns, VAT submissions, and audits.
📈 Understand Your Business: Real-time financial visibility helps you track performance and control spending.
🧾 Simplify Tax Season: No more last-minute scrambling. Your books are always up to date.
💼 Secure Funding & Partnerships: Accurate records make your business look credible to banks and investors.
What’s Included in Our Monthly Bookkeeping Package
Recording of monthly income and expenses
Bank, credit card, and petty cash reconciliations
Monthly profit & loss and balance sheet reports
Categorisation of transactions and expense tracking
Integration with cloud-based tools (optional)
Reports delivered via email or secure cloud folder
We can also bundle this with:
Who Should Use This Service?
Entrepreneurs and startups
Small business owners
Service providers and consultants
Non-profit organisations (NPOs)
Freelancers and contractors
Step-by-Step: How Vatco Assists You
- Initial Setup & Onboarding: We collect your business information, prior records (if available), and set up your reporting system.
- Monthly Document Collection: You send us your invoices, receipts, and bank statements — digitally or via secure upload.
- Transaction Recording: We log all income and expenses accurately and categorise them professionally.
- Reconciliation: We match transactions against your bank statements and flag any discrepancies.
- Reporting & Delivery: You receive clear, formatted reports — including monthly profit & loss, balance sheets, and summaries.
- Optional Compliance Support: We ensure all records are SARS-ready if you need assistance with filing or audit preparation.
What Documents Are Required?
Monthly bank statements
Sales invoices or proof of income
Supplier invoices and expense receipts
Petty cash slips (if applicable)
Previous accounting records (optional)
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Frequently Asked Questions
FAQs: Monthly Bookkeeping
What is monthly bookkeeping?
Monthly bookkeeping is the continuous process of tracking income, expenses, and financial activities every month to keep your business financially healthy and compliant.
What is the monthly bookkeeping cycle?
The cycle includes document collection, transaction entry, reconciliation, reporting, and review — repeated every month.
How much does bookkeeping cost per month in South Africa?
Costs vary depending on business size and volume of transactions. At Vatco, we offer custom pricing to suit your needs — contact us for a quote.
What are the 5 basic principles of bookkeeping?
- Revenue recognition
- Expense matching
- Consistency
- Full disclosure
- Prudence
What are the responsibilities of a bookkeeper?
They record transactions, reconcile bank accounts, manage cash flow, and prepare monthly reports.
What is the difference between bookkeeping and accounting?
Bookkeeping tracks daily transactions; accounting analyses and summarises those transactions for tax and strategic planning.
Do bookkeepers do payroll?
Yes, many bookkeepers, including Vatco, offer payroll services as an add-on package.
Can I teach myself bookkeeping?
Yes, there are online resources and courses — but for growing businesses, hiring a professional ensures accuracy and saves time.
