About
Bank statements eat too many of an accountant's hours.
TaxUp exists for South African accounting firms whose juniors spend half of every season categorising lines on bank-statement PDFs by hand. The work needs doing — it just doesn't need a person.
The reason this exists
Eight banks. Twelve cycles. A client roster that grows every year.
The annual rhythm at most small SA practices: a sole trader brings in twelve months of PDFs from two or three bank accounts. A junior spends a day sorting lines into buckets. The accountant double-checks. Multiply by every client. The Saturday-eating chore is the same shape whether it's 10 clients or 100.
Generic accounting software assumes you want a full-fat general ledger your client maintains. Most firms don't need that — they need the bank-statement-to-income-statement loop to take minutes instead of hours, with the categorisation work handled by an AI that knows the SARS chart of accounts.
So that's the product. Drop a year of statements. The AI calls every line; you sign off the handful it couldn't. The income statement falls out the other end, with every row tied back to the source transaction.
Who this is built for
- SAIT-registered accounting firms
- Solo practitioners and small-firm partners
- Firms whose clients are individuals, sole traders, and owner-managed companies
If your work is mostly VAT, payroll, or multi-entity consolidations, TaxUp is the books-side of the workflow only. The lines we draw are on pricing.
How we run things
Cape Town. Small. Quiet on purpose.
A short engineering bench. POPIA-aware data handling baked in from day one. A release cadence slow enough that we can support what we ship — and stubborn enough to fix every misfire the AI surfaces.
What we lock in
Four lines we don't cross — on every plan.
No bank-login scraping.
We never ask for client bank passwords or proxy a banking app. The only input is the PDF the bank already sends.
PDFs aren't persisted.
Statements are parsed in-request and dropped. Only the encrypted categorised rows live on.
Column-level encryption.
AES-256-GCM at the column for tax numbers, ID numbers, amounts, descriptions. Not TDE-only.
Firm-wide audit log.
Every action your staff take lands in a sealed log scoped to your firm. Open it any time.
Made in Cape Town. Built for SA accounting firms.
Open a firm account and put your client bank-statement workflow on rails.