For owners who are not accountants and do not want month-end catch-up.
Every sale, purchase and expense posts its entries as you record it. You confirm the bank matches.
Simplebks does the bookkeeping as you run the business. Every sale, purchase, expense and payment you record posts the double entries behind it.
On Professional and Enterprise, bank alert emails are read for you, matched to what you recorded and given a suggested category. You confirm, and the books stay current.
You do not need to be an accountant. You record what happened, and Simplebks makes the double entries. Bank lines are different: Simplebks suggests, and you decide.
Connect the Gmail or Outlook inbox that receives bank alerts (read-only), link an account through Mono, or upload a CSV, Excel or PDF statement.
Simplebks suggests the invoice, sale or expense each line belongs to, and a category, but never creates a transaction from a bank line on its own: you confirm.
Bank alert import, Mono bank feeds, statement upload and matching are on Professional and Enterprise.
From the 2nd of each month, one email with a PDF and an Excel workbook for the month just ended, kept in Report History. Every plan gets it. Profit and loss is on Basic and up; balance sheet, cash flow and trial balance, a daily cashbook and the year-end close that locks your books through a date are on Professional and up. Give your accountant access you approve to work in your live records. See accountants.
| Free | Basic | Professional | Enterprise | |
|---|---|---|---|---|
| Monthly management report, emailed from the 2nd | Yes | Yes | Yes | Yes |
| Profit and loss report | No | Yes | Yes | Yes |
| Chart of accounts, journals, balance sheet, cash flow, trial balance | No | No | Yes | Yes |
| Daily cashbook | No | No | Yes | Yes |
| Bank alert email import, Mono bank feed, statement upload | No | No | Yes | Yes |
| Bank matching, suggested categories, rules, flagged lines, bulk record lines, payout booking | No | No | Yes | Yes |
| Automatic monthly depreciation | No | No | Yes | Yes |
| Year-end close and period lock | No | No | Yes | Yes |
No. It reads them and suggests the match or the category, and you confirm. Simplebks does not create transactions from your bank lines on its own.
Bank alert emails from thirteen banks: GTBank, Zenith, Access, UBA, First Bank, Stanbic IBTC, Fidelity, Sterling, Wema, FCMB, Polaris, Kuda and OPay. For any other bank, upload a statement. You can also connect a bank account through Mono.
No. You record sales, purchases and expenses in plain terms and Simplebks makes the double entries. If you want the full ledger, journals and statements are there on Professional.
Yes. Invite your accountant or accounting firm. You approve what they can access, the access has an end date, and you can renew or end it at any time.
Yes, on Professional and Enterprise. Preview the close, then commit it. Closed periods can be locked against new entries.
Basic adds the profit and loss report. Professional adds the balance sheet, cash flow and trial balance, journals, bank import and matching, the cashbook, depreciation and year-end close. Every plan gets the monthly management report. See pricing.
Let the books keep up with the business.
