Finance

Invoices, cash & tax — Ngozi drafts, you approve the send.

RC 432180
Cash position
₦2,400,000
▲ runway healthy
Outstanding
₦380,000
▲ 1 invoice out
Paid this month
₦600,000
▲ 2 settled
WHT tracked
₦56,500
▲ for offset
Cash in vs out· this month
₦399,000 net
Income · invoices paid₦600,000
Expenses · run-rate + tools₦201,000
Invoices4
Number
Client
Amount
Status
Issued
Due
Actions
SL-2026-014
Universal Farms
₦380,000
paid
25 Jun
5 Jul
Paid
SL-2026-015
Labour Party
₦220,000
paid
29 Jun
13 Jul
Paid
SL-2026-016
Universal Farms
₦380,000
sent
10 Jul
20 Jul
SL-2026-017
Greenfield Poultry
₦150,000
draft
12 Jul
26 Jul
Expenses5
₦201,000 out
Claude API — June usage
AI / LLMAnthropic·1 Jul
−₦112,000
Vercel Pro
HostingVercel·1 Jul
−₦32,000
Hetzner VPS (suite.safetyline.africa)
HostingHetzner·1 Jul
−₦18,000
Google Workspace — 2 seats
ProductivityGoogle·5 Jul
−₦24,000
Canva Pro
DesignCanva·3 Jul
−₦15,000
Tax notes
Withholding tax (~5%)

Corporate clients deduct roughly 5% WHT at source and remit it to the National Revenue Service on our behalf. We track ₦56,500 across live invoices and collect the credit notes to offset future company tax.

VAT status confirming

Kola is confirming our small-company VAT exemption with the NRS (due Jul 25). Until confirmed, invoices are issued VAT-exclusive and we hold on charging output VAT.