Accounting

The problem

Most accounting setups start generic, then need to be bent into shape for Kenyan VAT and withholding tax — usually by hand, usually more than once.

How Royce ERP solves it

Royce ERP's accounting starts with a Kenya-ready chart of accounts and VAT/WHT configuration already in place, on top of a proven double-entry accounting engine — not a generic template you have to fix later.

Key capabilities

• ✓Kenya-ready chart of accounts, set up per company
• ✓Input and output VAT tracking, with dedicated VAT payable/recoverable accounts
• ✓Withholding tax handling for both suppliers and customers
• ✓Standard financial reports: trial balance, P&L, balance sheet, general ledger
• ✓Multi-branch and multi-company support

Business outcomes

• ✓Less manual setup before you can trust your books
• ✓VAT and WHT tracked as part of normal transactions, not a separate spreadsheet
• ✓One place to see accounting, inventory, and sales together

Who benefits

Business owners, Finance and accounts teams, External accountants and auditors

FAQ