Send the invoice. Pay the bill. The books and the tax are already done.
TaxStreem for Service Businesses runs invoicing, supplier bills, payments, accounting and tax for businesses that sell their time and expertise.
Try it here. Click through a month.
Step 1 of 3Answer the one question Atlas has
Home
Help3Needs you 3 things
This is TaxStreem for a service business, with sample data. Nothing you click here is sent anywhere.
What was ₦150,000 to Total Energies for?
- Get paid
Invoices that know the tax.
Each invoice carries the right VAT treatment for what you sell and goes to the NRS as an e-invoice. When a customer pays less because they deducted WHT, TaxStreem recognises the deduction, settles the invoice and records your credit.
- Pay suppliers
Bills checked before money leaves.
Suppliers upload invoices to your own portal link, or you forward them. TaxStreem reads each one, checks the Tax ID, the bank account name and the arithmetic, and tells the supplier what to fix by WhatsApp or email. Pay one or pay in bulk, with WHT deducted where the law requires it.
- Books
Accounting that waits for your review.
Bank and wallet transactions are recorded as they arrive. For anything unclear, TaxStreem offers its best guess and a short list to pick from. Financial statements follow IFRS.
- VAT
Input VAT claimed. Output VAT reported.
The monthly VAT return is built from your invoices and bills, with every figure traceable to a document.
- WHT
Withholding Tax in both directions.
What you deducted from suppliers is scheduled for remittance. What customers deducted from you is tracked as credit.
- CIT
Companies Income Tax from your own books.
The year-end computation, capital allowances and the NRS return are prepared from the ledger. Business names and partnerships get Personal Income Tax returns for each owner.
- Month-end
Close the month in an afternoon.
A checklist shows what is unreconciled, unposted or unanswered. Clear it and the period locks.
- Documents
Every paper in its place.
Invoices, receipts, returns and tax receipts are filed by month and downloadable for an audit or a loan application.
Who uses it
law firms, consulting firms, agencies, software companies, schools, clinics, logistics and facility managers.
Questions
Yes. A payment short by the expected WHT settles the invoice, and the deduction is recorded as a WHT credit.
Yes. TaxStreem checks your registration type and prepares Personal Income Tax returns for the owners in place of CIT.
Yes. Invite them from Settings. They work from their own portal, free, and you get 20% off your first payment.
