Every tool your practice will ever need
The tools you reach for every month — financial statements, tax and the SARS/CIPC busywork — are part of the platform, not separate subscriptions or logins.
These are one part of Virta — a full practice platform that also runs your prospects & proposals, engagement & e-signatures, workflow & deadlines, and client communication.
See the whole platform →Tax & SARS
SA Tax Suite
Quick, accurate income-tax calculations for every entity type — Small Business Corporation, standard company, individual, trust and turnover tax — for fast what-if answers and review work.
- All entity types
- SBC & CIT
- Individuals & trusts
Provisional Tax
IRP6 provisional tax for the 1st and 2nd periods across company, SBC, individual, trust and special-trust types. Estimate from full-year figures, annualise a year-to-date trial balance, or capture monthly data and pick an average / conservative / best-case projection — with assessed-loss handling, an s89quat penalty-exposure flag, and a fully documented PDF computation.
- 1st & 2nd (IRP6)
- All entity types
- PDF computation
SARS Correspondence
Draft and manage SARS correspondence from a library of letter templates — audit & verification, disputes & objections, payments & refunds, and general — branded and ready to export.
- Letter library
- Audit & disputes
- Branded export
Production
Annual Financial Statements
A guided 10-step wizard turns any trial balance into a complete, IFRS-for-SMEs–compliant set of annual financial statements. It reads your account names to map the TB and flag what matters — related-party loans and director accounts, non-deductible items (fines, disallowed entertainment, donations) and the disclosures that apply — then builds the notes, a reconciling cash flow, and a tax computation with the add-backs pre-loaded. Your practitioner signature goes on the final output.
- IFRS for SMEs
- AI mapping
- Auto notes & add-backs
- Reconciling cash flow
Management Accounts
A guided wizard that produces a formal ISRS 4410 compilation report or a richer management pack — income statement, ratios, charts and commentary — off the same figures. AI auto-maps the trial balance and remembers your mapping per client.
- ISRS 4410
- AI auto-mapping
- Charts & ratios
Fixed Asset Register
Track and depreciate fixed assets with South African wear-and-tear rates (s11(e)), year-end close and snapshots, a month-lock strip and journal exports.
- s11(e) rates
- Year-end close
- Journal exports
Payroll
Coming soonMonthly pay runs with IRP5s, EMP201s, and UIF and COIDA returns ready to file — South African payroll, end to end.
- Pay runs
- IRP5 & EMP201
- UIF & COIDA
TB Drift Check
Upload the last filed annual financial statements and the current trial balance and it flags material movements by section — so mid-year drift between what you signed and where the books are now does not slip past unnoticed.
- Statements vs TB
- Materiality flags
Banking & data
Bank Statement Converter
Upload bank-statement PDFs and get clean, structured transactions out in seconds — date, description, amount — with a built-in balance check, side-by-side comparison and an audit trail on every edit. Excel download every time.
- PDF → Excel
- Balance check
- Audit trail
CIPC Company Search
Pull a full company profile from CIPC in one lookup — directors, status, addresses and filing history — cached so you never pay to look the same company up twice.
- Company profile
- Directors & status
- Cached
Client Queries
A cross-client question-and-answer log: send queries to clients, collect replies through the secure portal, and track exactly what is still outstanding.
- Client Q&A
- Secure portal
- Tracked
Statutory
Share Certificates
Generate and manage share certificates and share registers for companies, from the details you already hold.
- Certificates
- Share register
B-BBEE Affidavit
Generate B-BBEE sworn affidavits for Exempt Micro Enterprises (EME), ready for signature.
- EME
- Sign-ready
Cross-cutting
Signatures & Approvals
A firm-wide signature inbox for engagement letters, financial-statement sign-off and ad-hoc PDFs — sent for signature or approval through a secure client link.
- E-signatures
- Approvals
- Secure link
The work doesn’t stop at “generate”
Once the statements are built, the same project gives you everything around them — the client pack, the tax worksheet, AI assistance and a review trail.
Signed document pack
Cover, engagement, management-representation and approval letters plus the full statements — compiled into one pack with your practitioner signature applied, ready to send to the client.
Client summary
An auto-built executive summary — KPIs, year-on-year movements, cash runway and director-loan analysis — as a one-page handout for the client.
IT14 worksheet
A SARS IT14 working paper pre-filled from the financial statements across Annexures B, C and D, flagging the figures that still need your eye before you file.
AI-assisted journals
Describe a year-end adjustment in plain English; AI structures it as a balanced journal, you review and apply — and the statements rebuild around it.
AI tax & compliance review
An AI pass that flags entity-specific risks — provisional-tax penalties, s7C loans, solvency, disclosure gaps — with suggested actions, as a printable working paper.
Working papers & solvency test
Line-by-line sign-off on the balance sheet and income statement, plus an automated solvency & liquidity test — current and quick ratios, net assets, debt-to-equity and interest cover — with traffic-light flags.
Prior year that ties
Prior-year figures carry forward from the signed statements — no “PY doesn’t tie” — so each year builds cleanly on the last.
AI-assisted features are advisory — every output is for the practitioner to review before relying on it.
Virta Cloud Accounting
A full cloud bookkeeping and accounting suite is on the way — and it's built to feed every tool above automatically. Your ledgers flow straight into annual financial statements, management accounts, the asset register and tax calcs — no trial-balance import, no re-keying. One source of truth, end to end.
Your ledger, straight into
- →Annual Financial Statements
- →Management Accounts
- →Fixed Asset Register
- →Provisional & income tax
Want early access? Tell us.
One platform for the whole month-end
Stop paying for — and logging into — a different tool for every task.