Compare
Rekod vs Excel and the notebook.
Most Nigerian small businesses keep books in Excel, a notebook or a nylon bag for the accountant. Here is how each one holds up.
| Rekod | Excel or notebook | Accountant at month end | |
|---|---|---|---|
| Time to record one receipt | Seconds. Snap and send. | 2 to 5 minutes of typing | Weeks later, at month end |
| Typing errors | AI reads the figures | Common | Depends on what you hand over |
| Receipt photo kept | Compressed, stored and searchable | Lost in your gallery | In a nylon bag |
| Matched to bank | Automatic | Manual, line by line | Billed by the hour |
| VAT split | Every receipt, at 7.5% | Only if you calculate it | At year end |
| Ready-to-file tax pack | One download | Build it yourself | Billed by the hour |
| Know your spend today | Yes | If you kept up | No |
| Cost | ₦5,000 for a month, paid once | Free, plus your hours | A monthly retainer |
Accountant fees vary by city and business size. Ask yours what they charge for monthly bookkeeping.
Keep Excel if
You record fewer than ten receipts a month and you enjoy typing them.
Switch to Rekod if
You pay VAT, you have staff spending money, or you dread month end. Your accountant still gets Excel. You stop typing it.
I already use Excel. Do I have to stop?+
No. Rekod exports to Excel any time. Keep your formulas. Rekod fills the rows.
Will my accountant accept Rekod records?+
Yes. Every row has a date, vendor, category, VAT and a link to the original receipt. That is more than most accountants get today.
What if my business is very small?+
One month of Solo costs ₦5,000 and covers 100 receipts. If you spend two hours a month typing receipts, Rekod pays for itself.
Your next VAT return is due on the 21st.
If you run a Nigerian business and lose receipts, join the waitlist today. You lock in 30% off your first plan with code REKOD30.