Double-entry accounting
Use a chart of accounts, journals, opening balances and posted ledger records as the accounting foundation behind the reports.
Built for South Africa
Annual Financial Statements South Africa
Build cleaner records before Annual Financial Statements are prepared
eScripts Financials connects source records, double-entry accounting, bank reconciliation, core reports, year-end controls and an AFS readiness workspace. Use the software to prepare the accounting foundation, then involve the appropriate accountant, compiler, reviewer or auditor where professional work is required.
eScripts
South Africa-first financial record workspace
Double-entry ledger with Trial Balance and General Ledger reporting
Bank reconciliation and accounting schedules
Profit & Loss, Balance Sheet and Cash Flow reporting
AFS/PIS readiness, year-end controls and professional collaboration
eScripts helps you organise and review your own records. Tax estimates, automated suggestions and document extraction remain subject to your review.
What you can do
Keep the work organised before it becomes year-end pressure.
Bank reconciliation
Match reviewed business banking activity to accounting records and keep source traceability before year-end.
Financial reports
Generate Profit & Loss, Balance Sheet, Cash Flow, Trial Balance and General Ledger reports from posted accounting data.
Year-end schedules & close
Work through VAT, assets, loans, equity and other schedules with controls designed to support a cleaner year-end process.
AFS & PIS readiness
Use the AFS workspace, comparatives, notes and PIS assessment tools as part of the preparation and review process.
Professional collaboration
Give scoped access to preparers, accountants, reviewers or auditors with controlled sign-off and an audit trail.
Annual Financial Statements start with reliable accounting records
An AFS process is much easier when the underlying books have already been reviewed, reconciled and supported by source records. eScripts Financials is designed to connect the original business records to the journals, ledger, reconciliations and reports used at year-end.
That means the Profit & Loss, Balance Sheet, Cash Flow, Trial Balance and General Ledger are not isolated spreadsheets — they trace back to posted accounting records and the source information behind them.
- Source records and business bank activity
- Posted journals and double-entry ledger
- Bank reconciliation and accounting schedules
- Year-end close controls and comparative reporting
- AFS readiness workspace and notes
- Scoped professional review and sign-off
What SARS may require with a company ITR14
SARS states that signed supporting Annual Financial Statements are compulsory for a first-time ITR14 submission where the company is classified as a Small Business or Medium to Large Business. SARS says the AFS should at minimum contain an Income Statement, Balance Sheet, Tax Computation and notes.
Requirements vary by company classification and circumstances, so the software should be treated as a preparation and collaboration environment rather than a substitute for professional judgement or SARS filing requirements.
Financials software versus professional AFS preparation
The R599/month Financials plan provides the accounting software, reporting, reconciliation, AFS/PIS readiness and collaboration tools. A professional AFS preparation or compilation engagement is a separate service where hands-on professional work is required.
This separation matters: software can organise and calculate, but professional labels, compilation, independent review or audit work require the appropriate person and controlled sign-off.
- Financials subscription: software and accounting workflow
- Professional AFS preparation or compilation: separately scoped service
- Independent review or audit coordination: where appropriate
- No professional status is applied without genuine controlled sign-off
Frequently asked questions
Questions people search before they start.
Does the R599 Financials plan include professional Annual Financial Statements?
The Financials plan includes the accounting engine, reports, reconciliation, schedules, AFS/PIS readiness and collaboration tools. Hands-on professional AFS preparation or compilation is separately scoped and priced where required.
What financial reports are available in eScripts Financials?
The Financials workflow includes Profit & Loss, Balance Sheet, Cash Flow, Trial Balance, General Ledger reporting and supporting accounting schedules.
Can my accountant work inside eScripts?
Yes. Financials supports scoped professional collaboration for roles such as accountant, preparer, reviewer and auditor, with controlled access and sign-off history.
Does every South African company need to attach AFS to an ITR14?
Not in every case. SARS requirements depend on the company classification and filing circumstances. For example, SARS states that signed AFS are compulsory for certain first-time ITR14 submissions. Check the current SARS requirements for your company.
Can I move from the Business plan to Financials later?
Yes. Business provides the business workspace and core reports, while Financials adds the full accounting ledger, reconciliation, schedules, year-end controls and AFS readiness workflow.
Explore related tools
Keep moving through the eScripts workflow.
Guide: AFS requirements in South Africa
Understand the SARS, CIPC, audit and independent-review issues around Annual Financial Statements.
Bookkeeping services
Start with cleaner source records before year-end accounting work.
Bank statement & expense tracking
Review the bank activity that feeds business accounting records.
Tax records & receipt management
Keep the source documents behind the accounting numbers organised.
Your records stay yours
Start with the records you already have.
Create your eScripts account, organise the current tax year and upgrade only when you need more history, automation or business financial tools.