Monthly Bookkeeping
Recording and organising business transactions so the accounting records remain current.
Bookkeeping & Management Accounts • South Africa
Know your numbers before the deadline arrives.
Gloworth Consulting provides monthly bookkeeping, reconciliations and management accounts for South African SMEs and government contractors that need accurate records, clearer financial visibility and stronger year-end readiness.
Established 2013
More than a decade of professional service
2,000+ businesses
Served across South Africa
Monthly reporting
Better visibility throughout the year
CIBA • SAIT
Professional memberships
Monthly accounting support
Clean books make everything else easier.
Tax returns, payroll, annual financial statements, tenders, funding applications and management decisions all depend on reliable accounting records.
Bank Reconciliations
Matching bank transactions to the accounting records and identifying missing or unmatched items.
Customer Reconciliations
Maintaining debtor information and helping identify outstanding customer balances.
Supplier Reconciliations
Maintaining supplier balances and reconciling invoices, payments and outstanding amounts.
General Ledger Maintenance
Keeping the underlying accounting records organised and ready for reporting and year-end work.
Management Accounts
Periodic financial reporting that helps business owners understand performance, margins, cash flow and financial position.
What you should know each month
Your business should not be a financial mystery.
Good management accounts help turn raw bookkeeping data into information you can actually use.
Revenue
Understand how much the business generated during the period.
Gross profit and margins
Track whether the work or contracts being delivered are producing
sustainable returns.
Operating expenses
See where money is being spent and where costs are increasing.
Debtors and creditors
Understand amounts owed to the business and amounts payable to suppliers.
Cash position
Monitor the cash available to support payroll, suppliers,
tax and operating requirements.
Year-end readiness
Keep the accounting records organised so annual financial
statements are not reconstructed under pressure.
Our monthly process
Keep the accounting records current throughout the year.
1. Receive Records
Bank information, invoices, expenses and other accounting records are collected for the reporting period.
2. Process Transactions
Transactions are classified and recorded in the accounting records.
3. Reconcile Accounts
Bank, customer, supplier and other relevant balances are reviewed and reconciled.
4. Resolve Queries
Missing information, unidentified transactions and accounting questions are followed up.
5. Prepare Management Information
Where included in the engagement, management accounts and supporting reports are prepared.
6. Stay Year-End Ready
Clean monthly records reduce the amount of reconstruction and cleanup required when annual financial statements are due.
Government Contractors
Accounting records are part of tender readiness.
Clean books support tax compliance, financial statements, CIDB requirements, funding applications and better decisions throughout the contract cycle.
Frequently asked questions
Bookkeeping and management account questions.
How much does monthly bookkeeping cost?
Gloworth bookkeeping services start from R3,000 per month. Final fees depend on transaction volume, complexity and reporting requirements.
Can you take over books that are already behind?
Yes. We can assess the current accounting records and quote separately for catch-up or reconstruction work before moving onto ongoing monthly bookkeeping.
What are management accounts?
Management accounts are periodic financial reports prepared to help owners and managers understand business performance, financial position and cash flow during the year.
Do I need management accounts every month?
Not every business needs the same reporting frequency. Monthly or quarterly reporting can be agreed depending on the size and needs of the business.
Can bookkeeping help with annual financial statements?
Yes. Keeping records current throughout the year usually makes year-end financial statement preparation faster, cleaner and less disruptive.
Can Gloworth also handle VAT and payroll?
Yes. Bookkeeping can be combined with VAT, PAYE, UIF, payroll, tax and other compliance services depending on your requirements.
Need better financial visibility?
Keep your books current and your numbers useful.
Tell us about your transaction volumes, reporting needs and current accounting position and we'll recommend the right scope.