FlowIQ Ledger runs your quotes, invoices and VAT on a real double-entry ledger — SARS-ready, multi-currency, and built to prove its own numbers before you ever file them.
| Description | Qty | Disc | Total |
|---|---|---|---|
| Design retainer | 1 | −10% | 7,650.00 |
| Strategy session | 3 | — | 3,600.00 |
| Print run | 5 | −5% | 1,140.00 |
| A · Output tax | ||
| 1 | Standard-rated incl. | 402,500.00 |
| 1A | Capital goods | not tracked |
| 4 | VAT 1 × 15 ÷ 115 | 52,500.00 |
| 13 | Total output tax | 52,500.00 |
| B · Input tax | ||
| 14 | Goods & services | 15,300.00 |
| 19 | Total input tax | 19,500.00 |
| C · Net VAT | ||
| 20 | VAT payable to SARS | 33,000.00 |
| Revenue | R402,500 |
| Cost of sales | (168,000) |
| Gross profit | R234,500 |
| Operating expenses | (151,200) |
| Net profit | R83,300 |
| Total assets | R512,400 |
| Liabilities | R187,600 |
| Equity | R324,800 |
Most tools apply your discount after VAT. FlowIQ Ledger takes it off before — apportioned to the cent, so the discount you granted is the discount your books record. Always.
Every quote, invoice and payment flows into a balanced double-entry ledger — the backbone that makes your Balance Sheet actually balance.
Discounts before VAT, inclusive and exclusive prices honoured exactly, and a reconciliation report that cross-checks three sources before you file.
Proforma → tax invoice → delivery note in a click. Credit notes, statements, payment allocation with oldest-first matching.
27 currencies with the exchange rate frozen the moment you save — so a document always means what it said.
Profit & Loss, Balance Sheet and AR ageing computed straight from the journal — everything tied back to source.
Branded, professional PDFs for every document type — your logo, your banking details, multiple design templates.
Import products and price lists straight from a QuickBooks or Excel export — tax codes normalised, pricing handled per column.
FlowIQ Ledger builds your VAT201 using SARS's own tax-fraction formula — and refuses to guess when it isn't sure.
Every plan includes the full double-entry ledger, VAT returns and unlimited documents.
For a single business getting its books in order.
For trading businesses selling across borders.
For established operations that need it all.
Set up your company, import your price list, and raise your first invoice today. No sales call required.