Published by Tyms Inc. This profile is not a paid ranking.
Tyms
Tyms offers South African businesses AI-assisted bookkeeping at $200 per seat per year (about R3,280), with rand billing listed among its supported currencies. It is a strong catch-up and statement-driven ledger, but in South Africa it competes with mature local defaults — Sage and Xero have deeper bank feeds and accountant networks. Tyms Inc. publishes this site.
Last verified 28 Oct 2026 · Reviewed by Accounting Software Africa editorial, Publisher editorial desk. Tax figures are cited to the Nigeria Tax Act 2025. Assign a named ICAN reviewer in this field before treating a page as a signed professional opinion.
- Product kind
- All-in-one
- Made in
- Nigeria
- Headquarters
- Nigeria / United States
- Founded
- 2021
Strengths
- African-made
- Lagos product team
- AI catch-up books
- Invoicing + inventory in one seat
What it actually is
Tyms is a full cloud ledger built in Lagos, not a payroll bureau and not an NRS Access Point. Strength is double-entry, invoicing and catch-up bookkeeping with an AI agent. PAYE, WHT schedules and accredited e-invoicing stay outside the box.
Features
| Feature | Coverage | Note |
|---|---|---|
| Double-entry ledger | Core strength | The product is a ledger first; AI sits on top of books, not a spreadsheet. |
| Bookkeeping | Core strength | Catch-up years and statement import are a stated motion. |
| Invoicing | Strong | VAT can sit on invoices. Not an accredited NRS QR/clearance gateway. |
| Inventory | Present | Stock is in the same seat as the books on the public Evolve plan. |
| Financial reports | Strong | P&L, balance sheet and tax intelligence for the books you keep here. |
| Multi-currency | Strong | USD and NGN books are a stated use-case. |
| VAT | Present | Rates can be tracked. Filing is still an NRS process. |
| WHT | Present | Withholding can be booked; statutory schedules are yours. |
| Bank feeds | Present | Statement upload and processor links; confirm the Nigerian bank on a demo. |
| Mobile app | Present | Mobile access is part of the public product, not a separate SKU. |
| Accountant portal | Present | Accountants can work the file; it is not Xero HQ. |
| Payroll / PAYE | Present | Payroll is included on the Plus plan; statutory filing packs per country are not turnkey. |
| E-invoicing | Limited | Not claimed as an NRS-accredited Access Point on the public site. |
| Spend / cards | Limited | Not a spend-card product. Approvals and cards are not the buying reason. |
| Approvals | Present | Approval workflows on the Plus plan. |
| Fixed assets | Present | Fixed asset register on the Plus plan. |
Africa reach
| Countries | Presence |
|---|---|
| Nigeria | Available |
 Ghana | Available |
 Kenya | Available |
 South Africa | Available |
Pricing
| Plan | Amount | Billing | Includes | As of |
|---|---|---|---|---|
| Plus (annual, per seat) | R 3 280 | Annual | $200/seat/year; Tyms lists ZAR among its billing currencies. | 28 Oct 2026 |
| Done for you (annual) | R 16 400 | Annual | $1,000/year per 500 entries a month. | 28 Oct 2026 |
Compliance
| Requirement | Status | Note | Verified on |
|---|---|---|---|
| E-invoicing | Partial | No SARS mandate yet. | 28 Oct 2026 |
| VAT filing | Partial | VAT tracked; VAT201 filed on eFiling. | 28 Oct 2026 |
| WHT | Not supported | Not applicable. | 28 Oct 2026 |
| PAYE | Partial | Payroll included; confirm UIF/SDL handling. | 28 Oct 2026 |
| Local COA | Supported | Custom chart. | 28 Oct 2026 |
| Multi-currency | Supported | ZAR and USD. | 28 Oct 2026 |
| Bank feeds | Partial | Statement upload; check live feeds for your bank. | 28 Oct 2026 |
Best for
- Businesses behind on bookkeeping
- Founders wanting done-for-you books
Not suitable for
- Firms whose accountant runs Sage or Xero
Local support
Run from Lagos; online support.
Migration notes
Statement upload and opening balances from the old trial balance.
Where does Tyms fit in South Africa?
As a catch-up and statement-driven ledger for founders and practices. Its done-for-you plan is the clearest differentiator against Sage and Xero.
Where does it lose?
Bank feed depth and accountant familiarity, where Sage and Xero are years ahead in South Africa.
Sources
- Tyms pricing 28 Oct 2026
- South African Reserve Bank rates 28 Oct 2026
Keep reading
- Sage alternatives
Where Tyms ranks.
- Sage vs Xero
The incumbents.
Try Tyms, with the disclosure in mind
This is a labelled exit to the publisher’s product. Start with your own bank statements and see whether the books close faster.
Related in South Africa
- How to choose accounting software in South Africa
- PaySpace is the South African payroll platform larger employers and bureaus choose when SimplePay is too light: deeper HR, complex structures, and the ability to run payroll in many other African countries on one platform. It is now part of Deel and marketed as Deel Local Payroll.
- SimplePay is the default cloud payroll for South African SMEs on Xero and many on Sage or QuickBooks: PAYE, UIF and SDL, IRP5/IT3(a) through e@syFile, leave and an employee self-service app. Pricing is a base fee plus a per-employee monthly fee, excluding VAT, with a free 30-day trial and an instant online quote.
- Business Central is the leading mid-market ERP step for South African companies outgrowing Sage Accounting, Pastel or Xero — especially distributors and manufacturers. Expect about R1,312 (Essentials) to R1,804 (Premium) per full user per month at list, plus a partner and an SA payroll integration.
- Dynamics 365 Finance is an enterprise ERP for large South African groups — retailers, mining services, financial-services groups — that run many entities and need consolidations, advanced cost accounting and a global tax engine. At about R3,444 per user per month at list, plus a multi-month programme, it is for organisations with an ERP team.
- NetSuite has a solid South African customer base among services, software, fintech and distribution companies with offshore parents or several subsidiaries. Pricing is by quote — an annual base licence plus users (indicatively $129–$199 each per month) and modules such as OneWorld.
- Xero is the main challenger to Sage for South African SMEs: rand pricing including VAT (R450 Starter, R795 Standard, R1,095 Premium from 1 November 2025), feeds with the major banks, and the largest app marketplace. Payroll is a partner app — most South African Xero users pair it with SimplePay.
- QuickBooks Online is sold in South Africa but billed in US dollars, which puts it at a disadvantage against Sage and Xero’s rand pricing. It is a capable ledger and fits businesses whose accountants or parent companies already use it; for most South African SMEs, Sage or Xero is the more natural choice.