One Practice started as a simple idea: bank statements already contain everything a small business needs for its books — the trick is turning a PDF full of transactions into a proper set of accounts without hours of manual capturing. Upload a statement and One Practice reads it directly, categorizes each transaction (backed by keyword rules you control), and gets you the figures you need for VAT and income tax season.
We built One Practicefor sole proprietors, close corporations and small (Pty) Ltd companies who don't want to learn full double-entry accounting software just to stay compliant, but still want their numbers to be correct. As those businesses grow, One Practice grows with them — invoicing, quotes and stock, payroll, and a lightweight CRM are all built in alongside the core books. We also built it for the accountants and bookkeepers who serve those businesses, so they can manage every client from one place.
One Practice is not affiliated with SARS, does not submit returns on your behalf, and does not calculate your final tax liability — that depends on your entity type, available deductions and rebates. What One Practice does is prepare clean, well-organized figures and reports — Income Statement, VAT Summary, Balance Sheet, Cash Flow, Taxable Income Summary, Provisional Tax, and ITR12/ITR14 — so that capturing your return, yourself or with a tax practitioner, is fast and accurate.