RBZ-Compliant And Accurate Bookkeeping for Zimbabwean Businesses
Never Lose Track of Your ZWL & Forex Transactions Again
Why Bookkeeping Matters in Zimbabwe
With Zimbabwe’s volatile currency (ZWG, USD, RTGS) and strict RBZ/ZIMRA reporting, proper bookkeeping isn’t just helpful—it’s a legal requirement.
✔ Avoid RBZ penalties for incorrect forex reporting (Form CD1, CD3).
✔ ZIMRA compliance – Clean records = Smoother tax audits.
✔ Real-time financial clarity in multi-currency environments.
Our Bookkeeping Services (Detailed Breakdown)
A. Daily Transaction Recording
What We Do:
- Log all sales, purchases, expenses in ZWG, USD, or RTGS.
- Categorize transactions for VAT, PAYE, and RBZ reporting.
Zimbabwe-Specific Features:
- Parallel market vs. official rate tracking (for businesses using both).
- Forex gain/loss calculations per RBZ guidelines.
Sample table showing multi-currency bookkeeping entries:
| Date | Description | Amount(USD) | Amount(ZWG) | Exchange Rate |
| 01/06/24 | Sales – Harare Client | $500 | – | – |
| 02/06/24 | Office Rent | – | ZWL 1,200 | 1:34 |
B. Bank Reconciliation
What We Do:
- Match your bank statements (NMB, CABS, Ecocash) with ledger entries.
- Flag discrepancies (common with ZWG devaluation delays).
Why It’s Critical in Zimbabwe:
- RBZ requires monthly forex reconciliations for businesses with USD accounts.
- Prevents ZIMRA queries on missing transactions.
Before & After” reconciliation snippet.
| Date | Description | ref | Income | Expenses | |
| 1 April | Balance b/f | 200.00 | |||
| 4 April | Folders and Pens | 1 | 15.00 | 185.00 | |
| 15 April | Sale Mr Nare | 2 | 55.00 | 239.00 | |
| 18 April | Envelopes and stamps | 3 | 36.00 | 259.00 | |
| 19 April | Drawings | 4 | 10.00 | 269.00 | |
| 21.April | 21. April | 5 | 20.00 | 239.00 | |
| 24 April | Web host fees | 6 | 40.00 | 199.00 | |
| 27 April | Simply chairs: chairs | 7 | 127.00 | 72.00 | |
| 29 April | Sale Mr Kombo | 8 | 30.00 | 105.00 | |
| 30 April | Bank fees | 9 | 2.50 | 99.50 | |
| 30 April | Sale Mr Noran | 10 | 56.00 | 153.50 | |
| Totals | 177.00 | 214.50 | 153.50 |
| Bank Reconciliation | |
| Cashbook balance | 153.50 |
| Less deposit not yet showing | 127.00 |
| Subtotal | 280.50 |
| less Deposit not yet showing | 54.00 |
| Bank statement balance | 226.50 |
C. ZIMRA & RBZ Compliance Support
What We Cover:
- ✅ VAT Records – Separating local vs. forex VAT transactions.
- ✅ PAYE Tracking – Ensuring correct ZWL/USD salary calculations.
- ✅ RBZ Forex Reporting – Preparing Form CD1/CD3 for banks.
Warning Note: “Incorrect forex bookkeeping can lead to RBZ account freezes or ZIMRA audits.”
How It Works (3-Step Process)
Data Collection
Share your invoices, bank statements (WhatsApp/Email/Pastel).
Processing
We reconcile, categorize, and flag issues.
Delivery
Receive a clean, audit-proof ledger (Weekly/Monthly).
Pricing (Transparent & Flexible)
| Service | Best For | Price(USD) |
| Basic Bookkeeping | Small businesses (ZWG-only) | $100/month |
| Forex Bookkeeping | Businesses with USD income | $250/month |
| Full Compliance Package | RBZ + ZIMRA reporting | $400/month |
Client Testimonial
“We used to struggle with RBZ forex rules until Mukanya streamlined our bookkeeping. Now, ZIMRA audits are stress-free!”
— Retail Business, Bulawayo
