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Moatwave Module

Accounting

Double-entry bookkeeping, chart of accounts, and financial statements — built for Nigerian businesses.

Auto

Double-entry from every transaction

GAAP

Compliant financial statements

Zero

Manual journal entries from POS/Payroll

moatwave.com / accounting

Accounting

Live module dashboard

Double-entry from every transactionAuto
Compliant financial statementsGAAP
Manual journal entries from POS/PayrollZero
Chart of AccountsDouble-Entry BookkeepingJournal Entry Viewer

Overview

Why Accounting is different

Finance tracks your income and expenses in business terms. Accounting takes that data and structures it into the formal accounting records your auditors, investors, and FIRS require. Moatwave Accounting is auto-populated from every POS sale, every payroll run, and every Finance transaction — so your chart of accounts is always up to date without your accountant spending hours on data entry.

  • Chart of Accounts

    Full chart of accounts structure — assets, liabilities, equity, revenue, and expense accounts.

  • Double-Entry Bookkeeping

    Every transaction generates the correct debit and credit entries automatically — no manual journal work.

  • Journal Entry Viewer

    See all journal entries in chronological order — searchable and filterable by account or date.

Full feature set

Everything included in Accounting

No hidden add-ons. No feature gating within the module. If it is listed below, it is in your plan.

Chart of Accounts

Full chart of accounts structure — assets, liabilities, equity, revenue, and expense accounts.

Double-Entry Bookkeeping

Every transaction generates the correct debit and credit entries automatically — no manual journal work.

Journal Entry Viewer

See all journal entries in chronological order — searchable and filterable by account or date.

Trial Balance

Auto-generated trial balance at any date — debits and credits reconciled automatically.

Profit & Loss Statement

GAAP-compliant P&L statement generated for any date range — monthly, quarterly, or annual.

Balance Sheet

Assets, liabilities, and equity at any point in time — auto-populated from all transaction sources.

Cash Flow Statement

Operating, investing, and financing activities tracked — cash flow at a glance.

Bank Reconciliation

Match ledger entries against bank statements and flag discrepancies.

Auto-Populated from POS

Every POS sale creates the correct accounting entries automatically — no manual posting.

Auto-Populated from Payroll

Payroll disbursements post to payroll expense and cash accounts automatically.

Account Schedules

Drill down into any account line to see the individual transactions that make up the balance.

Auditor Export

Export trial balance, P&L, and balance sheet in standard formats — ready for your external auditor.

How it works

From zero to running in minutes

Accounting is designed to be operational immediately — no long setup, no consultants, no migration headache.

1

Set up your chart of accounts

Customise the chart of accounts to match your business structure — default template provided.

2

Transactions post automatically

POS sales, payroll runs, and Finance entries auto-generate the correct accounting entries.

3

Review and reconcile

Review journal entries, reconcile with bank statements, and make adjusting entries if needed.

4

Generate statements

P&L, balance sheet, and cash flow ready to download at any time — no preparation delay.

Platform connections

How Accounting connects to the rest of Moatwave

Data flows automatically between modules — no exports, no syncing, no manual updates.

How we compare

Accounting vs the alternatives

See exactly what you get with Moatwave that you cannot get from point solutions or manual processes.

Capability
Moatwave
Xero
Manual Ledger
Double-entry bookkeeping
Auto-post from POS sales
Auto-post from payroll
AI anomaly detection
GAAP-compliant statements
Nigerian PAYE integration
Affordable for SMEs
Real-time balance sheet
Fully supportedPartial / limitedNot available

Plan availability

Which plan includes Accounting?

Accounting is available on the plans marked below. All plans include a 14-day free trial.

StarterNot available
BusinessIncluded
GrowthIncluded
EnterpriseIncluded
14-day free trial · No credit card required

Start using Accounting today

Double-entry bookkeeping, chart of accounts, and financial statements — built for Nigerian businesses.