LedgerLite Books — A-Class Accounting

Good morning 👋

Ledgerlite Inc.

Here's your financial snapshot for May 2025

Net Profit (MTD)

₦26.1M

↑ 18.2% vs last month

Cash Position

₦84.5M

3 bank accounts

Open Invoices

₦9.6M

1 overdue

Total Revenue

₦48.2M

↑ 12.4% vs last month

Total Expenses

₦22.1M

↓ 4.2% vs last month

Outstanding A/R

₦9.6M

3 invoices overdue

Payables Due

₦6.3M

Due within 7 days

Income vs Expenses — 2025

Income

Expenses

Full report →

Cash Flow

6M

3M

Cash In

₦53.4M

Cash Out

₦28.9M

Net Flow

₦24.5M

A/R Aging Summary

View all →

Current

₦4.2M

44%

1–30 days

₦2.7M

28%

31–60 days

₦1.2M

12%

61–90 days

₦0.86M

9%

> 90 days

₦0.64M

7%

TOTAL OUTSTANDING ₦9.62M

Expense Breakdown

Details →

Operations

₦7.2M

33%

Payroll

₦9.8M

44%

Marketing

₦3.1M

14%

Other

₦2.0M

9%

Payables Due Soon

View bills →

⚡

AxxelaGas Ltd

Due Today

₦950K

Overdue

📡

MTN Nigeria

Due May 16

₦1.2M

Pending

🏭

Tech Depot Ltd

Due May 18

₦450K

Pending

🏢

Centurion Properties

Due May 31

₦3.2M

Pending

Total payable this month: ₦5.8M

Top Customers by Revenue

All customers →

#1

DA

Dangote Retail Ltd

12 invoices · May 2025

₦18.4M

+22%

#2

MT

MTN Nigeria

8 invoices · May 2025

₦11.2M

+8%

#3

FB

First Bank Nigeria

6 invoices · May 2025

₦7.8M

-3%

#4

UB

UBA Plc

5 invoices · May 2025

₦5.4M

+14%

#5

FW

Flutterwave Inc

4 invoices · May 2025

₦3.2M

+31%

Recent Invoices

View all →

Invoice	Customer	Amount	Status
#INV-0042	Dangote Retail	₦2.4M	Pending
#INV-0041	Stanbic IBTC	₦860K	Overdue
#INV-0040	MTN Nigeria	₦5.1M	Paid
#INV-0039	UBA Plc	₦1.25M	Paid
#INV-0038	First Bank	₦3.7M	Paid

Activity Feed

● Live

💰

Payment received for INV-0040 — ₦5.1M from MTN Nigeria

Today, 10:32 AM

View transaction →

⚠️

INV-0041 is overdue by 2 days — ₦860K from Stanbic IBTC

Today, 9:15 AM

Send reminder →

📄

New bill created: BILL-0017 from Tech Depot — ₦450,000

Yesterday, 3:44 PM

📦

Stock low: MacBook Adapters — 3 units remaining

Yesterday, 11:20 AM

Reorder →

✅

Bank reconciliation completed — Zenith Bank Apr 2025

Apr 29, 4:00 PM

Invoices

Manage and track all customer invoices

Total Outstanding

₦9.6M

4 open invoices

Overdue

₦860K

1 invoice overdue

Paid This Month

₦38.6M

18 invoices paid

Draft

₦2.1M

3 draft invoices

All

Draft

Pending

Overdue

Paid

Void

Invoice #	Date	Customer	Due Date	Amount	Balance Due	Status
#INV-0042	May 1, 2025	Dangote Retail Ltd	May 15, 2025	₦2,400,000	₦2,400,000	Pending
#INV-0041	Apr 25, 2025	Stanbic IBTC	Apr 30, 2025	₦860,000	₦860,000	Overdue
#INV-0040	Apr 20, 2025	MTN Nigeria	Apr 28, 2025	₦5,100,000	₦0	Paid
#INV-0039	Apr 15, 2025	UBA Plc	Apr 20, 2025	₦1,250,000	₦0	Paid
#INV-0038	Apr 10, 2025	First Bank Nigeria	Apr 25, 2025	₦3,700,000	₦0	Paid
#INV-0037	Apr 5, 2025	Flutterwave Inc	Apr 19, 2025	₦780,000	₦390,000	Partial
#INV-0036	Mar 30, 2025	Access Holdings	Apr 14, 2025	₦4,200,000	₦0	Paid

Showing 7 of 42 invoices

Estimates & Quotes

Send professional proposals to customers

All

Draft

Sent

Accepted

Declined

Expired

Quote #	Date	Customer	Expiry	Amount	Status
#EST-0019	May 2, 2025	Kuda Bank	May 16, 2025	₦1,200,000	Sent
#EST-0018	Apr 28, 2025	Cowrywise Ltd	May 12, 2025	₦680,000	Accepted
#EST-0017	Apr 20, 2025	Paystack	May 4, 2025	₦3,450,000	Draft

Credit Notes

Issue credit notes against invoices

Credit Note #	Date	Customer	Invoice Ref	Amount	Status	Actions
#CN-0004	Apr 22, 2025	MTN Nigeria	#INV-0040	₦200,000	Applied
#CN-0003	Apr 10, 2025	First Bank Nigeria	#INV-0035	₦150,000	Open

Customers

Manage your customer contacts and relationships

Customer	Contact	Email	Total Revenue	Receivable	Credits	Status
DA Dangote Retail Ltd	Olu Adeyemi	olu@dangote.com	₦18.4M	₦2,400,000	₦0	Active
SI Stanbic IBTC	Chioma Eze	chioma@stanbic.com	₦5.2M	₦860,000	₦0	Active
MT MTN Nigeria	Emeka Okafor	emeka@mtn.com	₦11.2M	₦0	₦200,000	Active
UB UBA Plc	Fatima Bello	fatima@uba.com	₦5.4M	₦0	₦0	Active
FW Flutterwave Inc	Kemi Oluwole	kemi@flutterwave.com	₦3.2M	₦390,000	₦0	Active

Sales Orders

Track confirmed customer orders

SO #	Date	Customer	Amount	Invoiced	Status	Actions
#SO-0011	May 3, 2025	Kuda Bank	₦1,200,000	₦0	Open
#SO-0010	Apr 28, 2025	Cowrywise Ltd	₦680,000	₦680,000	Invoiced

Bills

Track vendor bills and payables

Total Payable

₦6.3M

5 open bills

Overdue Bills

₦950K

1 overdue

Paid This Month

₦12.4M

9 bills paid

Due in 7 Days

₦2.15M

2 bills

All

Draft

Pending

Overdue

Paid

Bill #	Date	Vendor	Due Date	Amount	Balance	Status
#BILL-0017	May 1, 2025	Tech Depot Ltd	May 18, 2025	₦450,000	₦450,000	Pending
#BILL-0016	Apr 28, 2025	AxxelaGas Ltd	May 14, 2025	₦950,000	₦950,000	Overdue
#BILL-0015	Apr 20, 2025	MTN Nigeria	May 16, 2025	₦1,200,000	₦1,200,000	Pending
#BILL-0014	Apr 10, 2025	Centurion Properties	Apr 30, 2025	₦3,200,000	₦0	Paid

Expenses

Track all business expenses and reimbursements

This Month

₦22.1M

47 transactions

Payroll

₦9.8M

44% of total

Operations

₦7.2M

33% of total

Marketing

₦3.1M

14% of total

Date	Description	Vendor	Category	Account	Amount
May 10, 2025	April Payroll Run	Internal	Payroll	Zenith Current	₦9,800,000
May 8, 2025	Office Rent — May	Centurion Properties	Operations	GTB Current	₦3,200,000
May 5, 2025	Google Ads Campaign	Google Inc	Marketing	GTB Current	₦1,400,000
May 3, 2025	Server Hosting (AWS)	Amazon AWS	Operations	GTB Current	₦820,000

Vendors

Manage supplier contacts and payables

Vendor	Category	Email	Total Purchased	Payable	Status
AxxelaGas Ltd	Utilities	billing@axxela.ng	₦4.2M	₦950K	Active
Tech Depot Ltd	IT Equipment	orders@techdepot.ng	₦8.6M	₦450K	Active
Centurion Properties	Real Estate	info@centurion.ng	₦38.4M	₦0	Active
MTN Nigeria	Telecoms	corporate@mtn.ng	₦6.2M	₦1.2M	Active

Purchase Orders

Track vendor purchase orders

PO #	Date	Vendor	Expected	Amount	Status
#PO-0008	May 5, 2025	Tech Depot Ltd	May 20, 2025	₦1,800,000	Issued
#PO-0007	Apr 28, 2025	AxxelaGas Ltd	May 5, 2025	₦950,000	Received

Chart of Accounts

Structured view of your financial accounts

📁 Assets

₦84,540,000

1000

Cash & Bank

₦84,540,000

1100

Accounts Receivable

₦9,620,000

1200

Inventory

₦12,400,000

1500

Fixed Assets (Net)

₦34,200,000

📁 Liabilities

-₦18,340,000

2000

Accounts Payable

-₦6,300,000

2100

VAT Payable

-₦2,040,000

2200

Long-term Loans

-₦10,000,000

📁 Equity

₦92,420,000

3000

Share Capital

₦50,000,000

3100

Retained Earnings

₦42,420,000

📁 Revenue

₦48,200,000

4000

Sales Revenue

₦42,600,000

4100

Service Revenue

₦5,600,000

📁 Expenses

-₦22,100,000

5000

Cost of Goods Sold

-₦8,200,000

6000

Payroll Expenses

-₦9,800,000

6100

Marketing & Advertising

-₦3,100,000

6200

Rent & Utilities

-₦4,150,000

Journal Entries

Manual accounting entries and adjustments

#JE-0015

April Payroll Expense Recognition

Apr 30, 2025

Posted

Account	Description	Debit	Credit
6000 — Payroll Expenses	April salaries	₦9,800,000	—
1000 — Zenith Bank Account	Net pay disbursement	—	₦9,800,000

#JE-0014

VAT Output on MTN Invoice

Apr 20, 2025

Posted

Account	Description	Debit	Credit
1100 — Accounts Receivable	INV-0040 MTN	₦5,100,000	—
4000 — Sales Revenue	Net revenue	—	₦4,608,000
2100 — VAT Payable	7.5% VAT	—	₦492,000

Banking

Manage your connected bank accounts

PRIMARY

Zenith Bank

₦48,240,000

•••• •••• 4821

GTBank

₦22,900,000

•••• •••• 9034

First Bank

₦13,400,000

•••• •••• 7712

Recent Transactions — Zenith Bank

Last 30 days

Date	Description	Reference	Debit	Credit	Balance
May 13	Payment Received — MTN Nigeria	INV-0040	—	+₦5,100,000	₦48,240,000
May 10	Payroll Disbursement	JE-0015	-₦9,800,000	—	₦43,140,000
May 8	Office Rent — Centurion	BILL-0014	-₦3,200,000	—	₦52,940,000
May 5	Payment Received — UBA Plc	INV-0039	—	+₦1,250,000	₦56,140,000

Bank Reconciliation

Match bank statement to recorded transactions

Zenith Bank ⌄

Statement Balance

₦48,240,000

As of May 13, 2025

Book Balance

₦48,240,000

LedgerLite recorded

Difference

₦0.00

✓ Balanced

Unmatched Transactions

All matched

Bank Statement

Payment from MTN Nigeria

May 13 · ₦5,100,000

⇌

LedgerLite Record

INV-0040 Payment

May 13 · ₦5,100,000

Matched

Bank Statement

Payroll Transfer

May 10 · ₦9,800,000

⇌

LedgerLite Record

JE-0015 Payroll Run

May 10 · ₦9,800,000

Matched

Items & Products

Manage your product catalog and inventory

Total Items

48

Products & services

Low Stock

3

Below reorder level

Inventory Value

₦12.4M

At cost

Services

12

Non-inventory

💻

MacBook Pro 14" M3

SKU: MBP-M3-14-001

₦2,850,000

⚠ 3 units left

🖥️

Dell UltraSharp 27" Monitor

SKU: DELL-U27-002

₦680,000

12 units

⌨️

Logitech MX Mechanical

SKU: LOG-MXM-003

₦142,000

⚠ 2 units left

🔧

IT Support Retainer

SVC: IT-RET-004 · Monthly

₦350,000

Service

🎨

Web Design Package

SVC: WEB-PKG-005 · Per project

₦1,200,000

Service

🔌

MacBook Adapter 140W

SKU: APL-ADP-006

₦48,000

⚠ 3 units left

Price Lists

Customer-specific pricing tiers

Price List	Currency	Discount	Customers	Status
Standard Price List	NGN	0%	32 customers	Active
Enterprise Tier	NGN	15% off	5 customers	Active
Government Pricing	NGN	8% off	2 customers	Inactive

Financial Reports

Profit & Loss · Balance Sheet · Cash Flow

Profit & Loss

Balance Sheet

Cash Flow

Trial Balance

Profit & Loss Statement — May 2025

Accrual basis

Revenue

Sales Revenue₦42,600,000

Service Revenue₦5,600,000

Gross Revenue₦48,200,000

Cost of Goods Sold

Cost of Sales₦8,200,000

Total COGS₦8,200,000

Gross Profit

Gross Profit₦40,000,000

Operating Expenses

Payroll & Salaries₦9,800,000

Rent & Utilities₦4,150,000

Marketing & Advertising₦3,100,000

IT & Communications₦2,450,000

Depreciation₦600,000

Total Expenses₦22,100,000

NET PROFIT₦17,900,000

Tax Summary

VAT, WHT, and PAYE overview

VAT Output (Sales)

₦3.62M

7.5% of ₦48.2M revenue

VAT Input (Purchases)

₦1.58M

Claimable input tax

VAT Payable

₦2.04M

Due June 21, 2025

WHT Deducted

₦480K

From vendor payments

Documents

Centralised document storage and management

File Name	Type	Linked To	Uploaded	Size
📄 MTN_Invoice_INV040.pdf	Invoice	#INV-0040	Apr 20, 2025	124 KB
📄 AxxelaGas_Bill_Apr.pdf	Bill	#BILL-0016	Apr 28, 2025	89 KB
📊 BankStatement_Zenith_Apr25.pdf	Statement	Zenith Bank	May 1, 2025	412 KB
📑 Payroll_April_2025.xlsx	Payroll	JE-0013	Apr 30, 2025	68 KB
📄 CAC_Certificate.pdf	Compliance	—	Jan 5, 2025	2.1 MB