Accounting & Tax — Growth Package

Growth includes, every month

• Everything in Starter – AI-assisted transaction categorisation, category breakdowns, reconciled cashflow, deposit quarantine, Health Score
• VAT position estimate: output VAT, input VAT and net position on confirmed trading amounts, ready for your practitioner
• CFO commentary: a verdict-first summary of your month with numbered priorities and concrete rand amounts
• Month-on-month trends from month 2: income, expenses, result, cash and health tracked against last month with movement arrows

Who the Growth package is for

Growth is the tier for a South African SME that already has a monthly rhythm and now needs to act on it. Typically the business is VAT registered or approaching the threshold, has staff, and the owner is making real decisions each month – whether to take on the next hire, whether a price increase is overdue, whether cash will cover a slow February.

The difference from Starter is direction. Starter tells you what happened. Growth tells you what changed since last month, what your VAT position looks like, and what to do about it first. If you also need risk detection and tender readiness tracking, that is the Premium package.

How the monthly cycle works

1. Upload – on the 1st you get a reminder. Send last month’s bank statement as a PDF or CSV. No bank login, no software migration.
2. Reconcile – your statement is checked against its own printed closing balance before a single figure is reported. If the variance is more than R0.05, the run stops and is reviewed rather than published.
3. Classify – transactions are matched against South African merchant patterns first, then against the categories you have already confirmed in earlier months, so accuracy improves the longer you stay. Anything uncertain is quarantined and shown to you.
4. Report – you receive a PDF pack with the numbers, the VAT position estimate, the CFO commentary and, from month 2, your month-on-month movement.

Every financial figure in your report is calculated by deterministic accounting engines. AI is used only to explain the results in plain language – never to produce the numbers themselves.

What the VAT estimate is and is not

Growth calculates an estimated output VAT, input VAT and net position from your confirmed trading amounts, so you can see the liability building through the month instead of discovering it at submission. It is a management estimate prepared for your practitioner to check and file. Lightbizhub does not submit VAT201s and does not act as your tax practitioner.

Banks and year-end

Statement layouts differ between South African banks – check the supported banks page before you subscribe. At year-end, twelve months of Growth reporting feed straight into the AFS-Ready Pack, which assembles the income statement, balance sheet, equity movement, cash flow and fixed asset register with a readiness score for your practitioner.

Common questions

Do you submit my VAT returns? No. You get the estimate; your registered practitioner files it.

Do I have to leave my current accountant? No. Growth is designed to sit alongside them and give you visibility between their engagements.

When do trends start? From your second month, once there is a prior month to compare against.

Can I move up or down a tier? Yes. Compare all three on the pricing page or read the full overview on the accounting and tax page.

What does it cost? R1,800 per month, billed monthly, cancel any time.

This is a management reporting service, not an audit, review, or tax submission service. Statutory filings remain with your registered practitioner.