Finance & Accounting Teams
Double-entry general ledger with autonomous 03:00 WAT bank matching and zero suspense drag.
Accountants in Nigeria spend 40% of their month manually cross-referencing bank statement PDFs with invoices and POS settlement slips. Spike Console’s autonomous ledger ingests bank feeds, matches settlements, and updates your trial balance automatically.
03:00 WAT
Autonomous overnight bank feed matching
100%
Strict double-entry journal balance
0
Unreconciled suspense account carryovers
Instant
VAT, WHT, and statutory tax reporting
Why traditional setups fail
Compare the friction of disconnected tools against the unified velocity of Spike Console.
- ×Downloading CSVs from 4 banks and manually copy-pasting numbers into Excel or QuickBooks.
- ×Mystery deposits: bank credits showing "NIP TRANSFER" with no customer name or reference.
- ×Delayed month-end close: taking 14 business days after month-end to produce a basic P&L.
- ×Spreadsheet formula errors leading to discrepancies during external FIRS/LIRS audits.
- ✓Automated ingestion of bank statement feeds and payment gateway settlement batches at 03:00 WAT.
- ✓Smart reconciliation algorithms match deposits to customer invoices by reference, amount, and date.
- ✓Trial balance, balance sheet, and general ledger update in real time with every transaction.
- ✓One-click statutory export for VAT, WHT deductions, and annual corporate income tax returns.
Core capabilities built into this solution
Autonomous Bank Feed Matching
Every night at 03:00 WAT, background daemons compare settled bank credits against open accounts receivable, auto-clearing invoices with zero manual intervention.
Double-Entry General Ledger
Every debit has an equal and opposite credit. Compliant with IFRS and Nigerian GAAP standards with immutable transaction audit trails.
Automated Tax Schedules (VAT & WHT)
Automatically segregates 7.5% VAT and applicable 5%/10% Withholding Tax at the point of invoice generation and payment settlement.
Multi-Currency Gain & Loss Tracking
Records transactions in USD, GBP, and EUR while maintaining statutory books in Nigerian Naira (NGN) with automated FX revaluation entries.
How your team operates with Spike
Predictable, automated operational cadences that run seamlessly from morning to night.
Automated Feed Ingestion
Nightly daemons pull settled transactions from payment gateways and commercial bank feeds.
Settlement & Fee Decomposition
Spike splits gross receipts from gateway merchant charges, crediting accounts receivable and debiting merchant expense.
Live Trial Balance Refresh
Account balances refresh instantly. The CFO views an up-to-date trial balance at 08:00 AM.
Operating pillars powering this solution
All pillars write to a single unified database with zero sync latency, zero Zapier glue, and total audit integrity.
Finance & Ledger
General ledger, trial balance & journal entries
Billing
Invoices, payment links & receivables aging
People (HR)
Automated salary journals & tax schedules
“We process over 400 invoice settlements daily across 8 bank accounts. Matching them manually used to require 3 full-time accounts officers. Spike Console automated 92% of our reconciliations on week one.”
Amina S., Chief Financial Officer
Heritage FMCG Distributors · Kano & Lagos
92% automated reconciliation rate across 8 banksFrequently asked questions
Claim your sovereign Digital Home.
Every operational wing included—Front Porch Storefront, Living Room CRM, Real-time Ledger & 24/7 AI Caretakers. Zero per-user seat taxes, billed flat in Naira.