Archives November 2025

Small Business Accounting: The Ultimate Guide for South African Entrepreneurs

Running a small business in South Africa is an adventure filled with passion, innovation, and hard work. But let’s be honest—managing the numbers can often feel more like a challenge than a triumph. If you’re feeling overwhelmed by financial jargon and the looming pressure of SARS compliance, you’re not alone. This guide is here to change that. We will break down small business accounting into simple, actionable steps, helping you manage your finances with confidence and focus on what you do best: growing your business.

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Frequently Asked Questions (FAQs)

What is the difference between a bookkeeper and an accountant?

A bookkeeper is responsible for recording daily financial transactions, such as sales, purchases, and payments. An accountant takes that data, analyses it, prepares financial statements, handles tax compliance, and provides strategic financial advice to help you grow your business.

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Small Business Accounting Services: Why Partner with TickBirds?

As a small business owner, you wear many hats – visionary, salesperson, marketer, and manager. But when the role of accountant is added to the list, it often comes at the expense of what truly drives your business forward. Discover how our expert accounting services can simplify your finances, ensure SARS compliance, and free you up to focus on growing your business.

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Bookkeeping for Small Businesses – Managing expenses and income

What is Bookkeeping?

Bookkeeping is the process of recording the financial transactions of your business – every sale, every purchase, every payment, and every bill. Good bookkeeping helps you:

  • Know if your business is profitable
  • Stay compliant with tax laws
  • Make informed financial decisions
  • Avoid cash flow shortages
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