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
The full bookkeeping and accounting suite is built, and it feeds every tool above automatically. Your books 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 books, straight into
- →Annual Financial Statements
- →Management Accounts
- →Fixed Asset Register
- →Provisional & income tax
Switched on with us, one firm at a time — tell us about your books.
One platform for the whole month-end
Stop paying for — and logging into — a different tool for every task.