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Project accounting software for Nigerian contractors
Simplebks lets you run each site, development or client job as a project. Attach invoices, purchases and expenses to it and see what you invoiced, what you collected, what you spent and the project's net balance.
Projects come with the Professional plan. See the pricing page for what each plan costs.
It is built for contractors, builders, developers and fit-out teams who juggle several jobs at once, buy materials in bulk and pay subcontractors, and need to know which job is making money.
Every job as a project
Create a project for each site or client, with a name, a code, start and due dates, terms and the client.
Attach the money to it. Choose the project on invoices, expenses, purchases and purchase orders as you record them.
See the position at a glance. Each project shows invoice total, paid, outstanding, total sales, purchases, expenses and net balance for the period you choose. Net balance is the sales recorded on the project less its purchases and expenses.
Open the detail. Every project lists its own invoices and transactions. Finished jobs can be archived.
Quote, bill and collect
Raise a quote, send it, approve it and convert it to an invoice (quotations are on Basic and up). Record each payment against its invoice.
Receivables aging and customer statements, on Basic and up, show who owes you and for how long. A Paystack payment link on an invoice lets a client pay online.
Buy materials and pay subcontractors
Raise purchase orders for materials, received in parts, with payments and the project attached (Professional and up).
Nigerian withholding tax rates by payment class include construction contracts, and you can edit them. Record the tax your client deducts to see your net. Tax tools: Professional and up.
Equipment and assets
Record excavators, mixers, vehicles and office equipment as fixed assets. Simplebks calculates depreciation monthly; post a sale or disposal and count assets in a stocktake. Fixed assets are on Professional and up.
Your books and your tax
Every invoice, purchase and expense posts to your accounts. Profit and loss is on Basic and up. The balance sheet, cash flow, VAT and withholding tax reporting are on Professional and up.
More than one company
Run each company as its own business. Professional includes one business and Enterprise includes two. Extra businesses are an add-on, priced on the pricing page. See multi-business management.
Budgets (Enterprise)
Set targets for your income and expense accounts and compare them with actuals. Budgets are for the whole business, not for a single project.
Which plan includes what
Basic
Professional
Enterprise
Invoices, quotations, part payments
Yes
Yes
Yes
Profit and loss report
Yes
Yes
Yes
Projects with invoiced, paid, spent and net balance
No
Yes
Yes
Purchase orders with the project attached
No
Yes
Yes
Withholding tax and certificates
No
Yes
Yes
VAT reporting
No
Yes
Yes
Fixed assets and depreciation
No
Yes
Yes
Balance sheet, cash flow, trial balance
No
Yes
Yes
Businesses included
1
1
2
Budgets for the whole business
No
No
Yes
Request for quote to suppliers
No
No
Yes
FAQ
Can I track each construction site as a project?
Yes, on Professional and Enterprise. Create a project, attach invoices, purchases and expenses, and see the totals for that project.
What does a project show me?
Invoice total, paid, outstanding, total sales, purchases, expenses and net balance, for the period you choose.
Does Simplebks handle withholding tax on contractor payments?
Yes, on Professional and Enterprise. It has Nigerian withholding tax rates by payment class, including construction contracts, which you can change for your business, and it prints withholding tax certificates from invoices and purchase orders.
Can I convert a quotation into an invoice?
Yes, from the Basic plan. Raise the quote, approve it and convert it into an invoice.
Can I set a budget for a project?
No. Budgets on Enterprise cover the whole business. A project shows what you invoiced, collected and spent.
Can I run several companies?
Yes. Each company is its own business. Professional includes one business and Enterprise includes two, and extra businesses are an add-on shown on the pricing page.