Accurate and compliant accounts
With AJS SBS you can rest assured that your bookkeeping will be properly managed. The service complies with all regulations and legislation. SBS uses AJS Accounting Software, a system built on a 7-column general ledger which is recommended by auditors. All Trust and Business accounts are managed, ensuring that your accounting records are accurate.
First-rate service and support
We regularly receive compliments about the quality and speed of our service and our attitude towards our clients. One of the most valued aspects of our service is the practice management advice we provide.
No need for a bookkeeper (Smaller firms)
Since SBS performs all of your bookkeeping and accounting functions for you, there is no need to employ a bookkeeper. This not only saves money, but it also provides peace of mind knowing that your finances are in safe hands.
Improved cash flow
SBS will process all transactions within 24 hours of receiving the information from you, which means that your information will always be up-to-date. Invoices and statements may be generated on demand, which improves cash flow. As a result, your clients are more likely to pay you timeously. SBS can also offer advice as to how you can improve your collectibles and reduce the never-ending requests for discounts.
Management Reports on time each month
A full set of management reports is provided monthly - including a fee-earner report, debtors age analysis, trial balance, income statement, balance sheet, and various other financial and management reports. Management reports are provided within seven working days of your month-end ensuring that you have up-to-date information about the status of your practice enabling you to make informed decisions.
No risk of fraud
The bookkeeping and accounting service is backed by AJS (a legal accounting software solution) which has been trusted by over 500 law firms in South Africa to manage their finances since 1979. Since SBS does not access your bank accounts in any way there is no risk of fraud. Another reason why our clients trust us to manage their accounting is because we employ a number of SAICA-registered accountants to oversee the processing of financial information.
Because your financials will be accurate and up-to-date, the audit is a much quicker task for your auditors. SBS will handle the audit preparation for you, saving time and money and allowing you to focus on what you do best.
Allows you the freedom to focus on your practice
As SBS handles all your bookkeeping and accounting processing functions, you can focus on what you do best: growing your practice and practising law.