Accounting
Books that keep themselves
Every sale, payment, expense and salary posts itself. You get real statements without doing any bookkeeping.
Income statement
1–31 July 2026 · accrual
| Revenue — food & drink | ₦9,412,000 |
|---|---|
| Revenue — events | ₦3,180,000 |
| Cost of sales | −₦5,006,400 |
| Gross profit | ₦7,585,600 |
| Salaries | −₦2,820,000 |
| Rent & utilities | −₦1,340,000 |
| Transaction fees | −₦188,240 |
| Net profit | ₦3,237,360 |
July is closed and locked. The wallet reconciled itself — no matching exercise.
The problem you know
Your accountant asks for your records and you send a WhatsApp export, a photo of a notebook and a bank statement. Three weeks before the deadline, someone reconstructs your year from receipts. Nobody enjoys this, and it costs you money twice.
How it works
Smilelink already knows every sale, every payment, every expense and every salary — so it posts the entries itself. You don't touch a journal. You just look at the result.
What sold
1–31 July 2026 · by item
- Jollof rice & chicken₦3,204,000712 sold
- Pounded yam & egusi₦1,986,400382 sold
- Rice & turkey₦1,731,000346 sold
- Chef's special₦672,00096 sold
Saturdays are 31% of the month. Tuesdays are 7%.
What you get
- A chart of accounts already set up for your trade
- Income statement, balance sheet and trial balance — any period, drillable down to the actual invoice
- Your Smilelink wallet reconciles itself. No monthly matching exercise.
- Close a month and it locks, so last year's numbers stay last year's numbers
- Your accountant gets a read-only login and a one-click pack, instead of your password and a shoebox
The detail
- Started mid-year? Enter your opening position once and carry on.
- Adjustments, accruals and year-end entries when your accountant needs them
- Cash view for you, accrual statements for them — same books, two ways of looking
- Operating in two countries? Foreign balances handled properly, with the gains and losses kept separate
Where we stop
We keep the books and prepare the statements. We don't file your returns — your accountant does, and they'll be glad the file is clean. If a sale posted wrong, you fix the invoice and the entry corrects itself. You'll never have to know what a journal is.