Full double-entry accounting with Ethiopian VAT, withholding and the Ethiopian calendar built in, and invoices registered with the Ministry of Revenue in real time. Use it on its own or as the finance core of ELIF's ERP.
What it covers
Chart of accounts, general ledger and journal entries
Receivables, payables and payments
Bank reconciliation and cash management
Budgets, cost centres and dimensions
Multi-currency transactions and exchange differences
Balance sheet, profit and loss, cash flow and trial balance
Fixed assets and depreciation
Ethiopian tax built in
VAT at 15% on sales and purchases, with VAT return reports
3% withholding on goods over ETB 20,000 and services over ETB 10,000, with withholding receipts
30% withholding when a supplier has no TIN
Invoices registered with the Ministry of Revenue, with IRN and QR code
Built for accountants and auditors
Every entry keeps a full audit trail, periods can be closed and locked, and reports can be shown in the Ethiopian or Gregorian calendar and exported to Excel or PDF for auditors.
On site anywhere in Ethiopia
Our team travels to clients all over Ethiopia, from Addis Ababa, Adama, Bahir Dar, Hawassa, Dire Dawa, Mekelle, Gondar and Jimma to every other town, for workshops, installation and training, with remote support between visits.
Is it suitable for a small business?
Yes. A small business can start with accounting, invoicing and VAT, and add stock, payroll or other modules as it grows.
Can we move from Peachtree, QuickBooks or Excel?
Yes. We import your chart of accounts, customers, suppliers and opening balances from Peachtree (Sage 50), QuickBooks or Excel during setup.
Does it handle several currencies?
Yes. Transactions can be in any currency, with exchange rates and exchange gains and losses recorded automatically.
Does it meet the e-invoicing rules?
Yes. Sales invoices are registered with the Ministry of Revenue under Directive No. 1142/2026 through ETEIMS, which is built in.
Does ELIF work outside Addis Ababa?
Yes. Our team travels to clients in every region of Ethiopia for workshops, installation, data migration and training on site, and supports them by phone, Telegram and remote session between visits.