We specialise in financial and accounting services for franchises and small businesses
We started True Accounting in 2012, as we saw a demand in the market from franchise owners who thrived on the operational side of the business ― and loved and understood the franchise business model. However, they often found maintaining the monthly management accounts challenging and keeping up with statutory submissions a burden.
This is where we come in.
Basically, at a monthly fee, we manage all your financial accounts, so that you can concentrate on running your franchise or small business.
We offer turnkey accounting from setting up the compliance requirements of a new company, to monthly management accounts, returns, recons, annual financial statements and statutory returns. We also do payroll, stock takes, provisional and annual tax returns, NCR registration, CIPC renewals and more.
Our accounting process is built on the software foundation of IQ Retail with a general ledger package built for retail. We continually enhance the True Accounting offering and recently added an option for independent stocktaking.
Ultimately, the high-quality appearance and content of our financial documents provide an excellent track record when a franchisee wants to approach a bank for finance or to sell a store.
