Audit-ready books. Always.
Double-entry accounting with a full chart of accounts, journal entries, and bank reconciliation. Generate financial statements that your auditor will love.
By the numbers
to generate audit-ready financial statements
average monthly bank reconciliation time
double-entry validation on every entry
The Problem
These are the real problems businesses face every day — and exactly what Account & Finance solves.
Manual journal entries and disconnected systems mean your trial balance never adds up on the first try.
Unbalanced books delay financial reporting by weeks and erode investor and stakeholder confidence.
The cost
Unbalanced books delay financial reporting by weeks and erode investor and stakeholder confidence.
Scrambling to gather documents and reconcile accounts before auditors arrive.
Last-minute audit prep costs businesses 2-4 weeks of productive time and often reveals costly errors.
The cost
Last-minute audit prep costs businesses 2-4 weeks of productive time and often reveals costly errors.
Matching bank statements to books manually takes days every month.
Manual reconciliation consumes 20+ hours monthly and still misses discrepancies that grow over time.
The cost
Manual reconciliation consumes 20+ hours monthly and still misses discrepancies that grow over time.
You can't generate a P&L or balance sheet without calling your accountant.
Decisions are made on gut feeling instead of data — increasing the risk of cash flow crises.
The cost
Decisions are made on gut feeling instead of data — increasing the risk of cash flow crises.
The Solution
Purpose-built tools that address each challenge head-on.
The outcome
Eliminate balancing errors permanently — debits always equal credits, automatically enforced by the system.
Every transaction creates proper debits and credits. Your books always balance.
Eliminate balancing errors permanently — debits always equal credits, automatically enforced by the system.
The outcome
Generate audit-ready financial statements in 10 seconds instead of waiting days for your accountant.
Balance sheets, P&L, trial balance, cash flow — generated instantly, not manually.
Generate audit-ready financial statements in 10 seconds instead of waiting days for your accountant.
The outcome
Reconcile an entire month's bank transactions in under 30 minutes — down from 3+ days.
Import bank statements and match transactions. Reconcile in minutes, not days.
Reconcile an entire month's bank transactions in under 30 minutes — down from 3+ days.
The outcome
Cut audit preparation from weeks to hours — every document, every entry, instantly accessible.
Every entry tracked with who, when, and why. Auditors get what they need instantly.
Cut audit preparation from weeks to hours — every document, every entry, instantly accessible.
Capabilities
Match internal records against bank statements. Identify discrepancies and reconcile in minutes.
Import and view bank statements alongside your ledger entries for seamless comparison.
Generate balance sheets, income statements, and cash flow reports on demand — audit-ready.
Every journal entry, edit, and approval is logged with timestamps and user attribution.
Fully customizable chart of accounts organized by asset, liability, equity, revenue, and expense.
Create manual journal entries with double-entry validation. Debits always equal credits.
Generate trial balances for any period instantly. Verify your books balance before closing.
Profit and loss statements showing revenue, expenses, and net income with drill-down detail.
Snapshot of assets, liabilities, and equity at any point in time. Always ready for stakeholders.
Track cash inflows and outflows across operating, investing, and financing activities.
Join businesses across Tanzania already using Akili Soft ERP to run smarter operations.