You Can Now Import Your Bank Statement Into QuickBooks Accounting Software!

Our strategic team of accounting and financial software professionals have been working on resolving the biggest challenge of our fast-growing clients in retail, distribution, real estate, hotel, travels, etc. We tagged it “the biggest challenge”, because it does not just hinder them from keeping their cash flow in check, but also a major test of how accurate their accounting software transaction entries had been. Every day, we receive enquiries from business owners, CFOs, accountants, etc., on how they can fast track their bank reconciliation processes, especially when they have a backlog of past receipt and payment transactions to treat.

A few weeks ago, this was a major setback for one of our clients who recently bought the QuickBooks. She wanted year 2015 (the year she started the business) to be the year of the opening balance. They already had two (2) years’ transactions recorded via invoice in excel, receipts and cheque on their bank statements. The need for the actual year the business started and its transactions, to reflect on the bank statement was tied to the fact that a major private equity company wanted to invest in her company, and there was need to review her transactions’ history. There was absolutely no way she could convince them (the investors) to use the current opening balance, hence we had to commence the process of developing our in-house bank transactions import software, known as ‘Bank Statement Pro’.


With Bank Statement Pro, You don’t have to wait for month-end reconciliations again. 

Contact us for pricing and setup – Call 08105090001 or mail at info@accountingsoftware.com.ng


“Bank Statement Pro” is a flexible bank transaction import application specifically developed to help you save time and improve productivity. You can easily upload the bank statements of any Nigerian bank in excel, map the relevant column on excel to their corresponding heads in QuickBooks and sync all transactions to their appropriate account. Even a novice outside the field of accounting can use the software, as it doesn’t require any special accounting knowledge or skill.

The software does not only reconcile your bank statement with QuickBooks, but also designed to track every inflows and outflow in your bank statement, map them to their respective account heads in QuickBooks, and eliminate the need for month-end reconciliations since all transactions have already been taken care of.

Reconciliation is a task every profit-minded business owners, CFOs, accountants, and finance managers must carry out if they truly want to understand their cash positions, track actual profit or loss, and generate a reliable financial report. Just imagine you already have a software that records every deposits and withdrawals on your bank accounts on a daily or weekly basis? Do you think reconciliation would still be necessary or required? No! That’s exactly what “Bank Statement Pro” would do for you and that was why we developed “Bank Statement Pro”.

Whether you have one or multiple banks to import transactions from, “Bank Statement Pro” can help you save time on importing high volume transactions.

We are still improving the financial application to connect directly to your bank via an API. For now, you can only import bank transaction statement from excel. What this means is that any time you want to import bank transactions, you need to download it in excel from your internet banking application or contact your account officer to send a weekly statement.

Bank Statement Pro is here to help you import your GTbank, Skye, FCMB, Fidelity, Eco Bank, First Bank, Heritage, Diamond Bank, Unity Bank, Union Bank, Wema Bank, Zenith Bank, UBA or Stanbic IBTC Bank statement into your accounting software!

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Sage Partners In Nigeria – Business Resellers

Are you looking for an authorized and registered Sage Partner in Nigeria with good knowledge of accounting? Here is a review of what you should consider before settling for one.

Sage is one of the leading providers of accounting and payroll software in Nigeria. With different packages designed to serve SMEs at different growth stage or with specific industry needs, they not only  help you monitor your business performance but also make payroll processing easier than would expect.

Check Out: Where to Buy Accounting Softwares For Your Business

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Best Payroll Software For SMEs In Nigeria

A Software for large, medium and small scale organisations/enterprise (A Payroll Software with a Difference)
Living in the digital era and managing your business payroll manually is unnecessary and inefficient especially when you have salaries to process for a good number of staff, tax payable to compute, deductions and employee’s liabilities to calculate.

Currently, there are numerous payroll software solutions available in Nigeria to assist business owners in this particular task. To help you address your specific payroll concerns, I will be sharing simple features of a good payroll:

1. Employee Information

  • Employee personal details, contact details, qualification, Emergency details, guarantor details e.t.c
  • Employee Payment method
  • Employee transfer, promotion and separation
  • Employee history record and lots more

2. Time Management (Attendance + Shift)

  • Attendance Calendar management
  • Real-time data from Biometric/Swipe card device/ Face recognition system
  • Attendance month setup to take into account the cut-off provision- pay salary on date 1st of every month e.t.c
  • Attendance can be imported from excel sheet
  • Employee shift rotation facility
  • Flexible and regular shift types with night shift functionality
  • Dynamic off-day/ week-off setup according to state, Branch, Employee Grade/Cadre or Employee specific
  • Timing policies for a grace period, late hours, working hours e.t.c
  • Set any working day to not – working day and vice versa in case of riots e.t.c
  • Employee overtime management

3. Payroll Processing

  • Leave management
  • Loan and Advance management
  • Loan and Advance EMI deduction automatic and displayed in salary slip
  • Loan rescheduling, stop payment and settlement options
  • Interest on loan calculation if required
  • Allowance Earning/deduction can be defined
  • Dynamic salary formula creation
  • On attendance and non – attendance pay heads
  • Salaries reprocess and posting features

4. Recruitment

A good Payroll Management Software can also help businesses in their recruitment:

  • A Web-based automated system for the recruitment process
  • It helps your recruiters and recruitment Managers to easily manage the candidate resumes, posts jobs to various sources, shortlist eligible candidates, manage candidate Interviews and send offer letters
  • HR/Admin can decide the interview panel for each recruitment process individually and rating for each process with interview date and time.

5. Training

Payroll Software come handy in training management in the following ways:

  • All details regarding the training to be conducted viz. date, time venue, budget, Candidates participating, alert to each participant irrespective of a branch, department etc can be decided here.
  • Training Calendar that shows all the upcoming training scheduled
  • If training is conducted by external/internal source then the details of the external/internal source can be entered here.
  • Employee feedback
  • Shows history of all training conducted and score of each participant/s and lots more.

6. Performance Management system

  • Key result area and key performance indicator defined
  • KRA Evaluation setting
  • HOD and Employee appraisal score
  • Competence report and lots more

7. Statutory deduction

  • Automatic calculation of PAYE deductions in accordance with PITA as amended by 2011 Amendment act.
  • Employers and employee pension contribution deduction
  • NSITF, GLI, NHF and other statutory deduction.

Payroll Software also provides Employee and Manager Self-service such that employee can:

  1. Apply for Leave
  2. Employee Asset requisition
  3. Make Loan/Advance requisition
  4. Submit suggestions
  5. Submit survey, feedback, self-evaluation e.t.c
  6. View training calendar
  7. View Employee profile information
  8. Download salary slip
  9. View attendance details
  10. View Leave application approval/rejection and Leave Balances

For more information – contact us at info@accountingsoftware.com.ng