Monthly bookkeeping fees
This initiative is intended to support the SME market through the provision of quality services that a small business owner would otherwise not be able to afford.
The proposed pricing structure is based on a model of creating a self-sustaining business that is able to cover its own operational costs.
The fee to be charged will be calculated at an hourly rate.
Start-ups – R350 000
Turnover P/A
R100/HOUR
- Capped at
- R 1 000 per month
R350 000 – R1 000 000
Turnover P/A
R175/HOUR
- Capped at
- R 2 450 per month
R1 000 001 and above
Turnover P/A
R250/HOUR
- Capped at
- R 3 500 per month
Historical processing of accounts
These fees are based on the anticipation that MKIVA will provide monthly back-office accounting support to the SMEs.
Should you have insufficient financial records, MKIVA will perform historical bookkeeping processing in order to obtain reliable opening balances. This service will be charged for at the following rates.
Start-ups – R350 000
Turnover P/A
R100/HOUR
- Capped at
- R 1 000 per month
R350 000 and above
Turnover P/A
R500/HOUR
- Capped at
- R 6 000 per month