The revised SYSCOHADA is the accounting framework in force across the 17 OHADA member states since 1 January 2018. For an SME in Cameroon or Central Africa, understanding it isn't optional — it's the basis of your legal and tax obligations.

Two systems depending on your size

SYSCOHADA sets two levels of obligation:

The normal system: balance sheet, income statement, cash-flow statement and notes. It applies to most companies.
The minimal cash-basis system (SMT): reserved for very small businesses whose turnover stays under the defined thresholds (trade, crafts or services). Bookkeeping is kept on a cash-in / cash-out basis.

Choosing the right system from the start saves you costly corrections later.

The chart of accounts

The framework mandates a standardised chart of accounts in eight classes, from capital accounts to management accounts. Every entry must map to the right account — that's what makes it possible to produce coherent financial statements accepted by the tax office and your bank.

The financial statements

At year-end you must produce standardised financial statements. An SME that keeps its books in a spreadsheet often ends up rebuilding these by hand, with a high error risk and delays that strain the relationship with the accountant.

Staying compliant without losing sleep

Management software built for OHADA changes everything: the revised SYSCOHADA chart of accounts is pre-configured, entries are automated and financial statements generate in a few clicks. That's exactly the approach of NexaCore, built for CEMAC-zone SMEs, in French and English, with FCFA invoicing.

In short: identify your system (normal or SMT), keep a standardised chart of accounts, and automate your financial statements to stay calm at every close.