Accounting Software for Import & Export Traders in Nigeria

The supplier invoice is only the beginning. By the time you've paid freight, insurance, import duty, terminal handling, clearing agent fees and haulage to the warehouse, the cost of that carton has moved — and often the exchange rate moved too. Traders who price off the supplier invoice quietly sell some SKUs at a loss for months before anyone notices.

You buy in USD, CNY or EUR and sell in naira, and the rate you booked at is rarely the rate you eventually paid at. Spreadsheets record one number and the bank statement shows another, so the exchange difference never lands anywhere in your books and gross profit ends up being a feeling rather than a figure.

One container is still under clearing, another is on the road, and a third is part-sold from the warehouse floor. Without a single view, sales promises stock that hasn't cleared, and slow-moving lines sit in a corner tying up cash you needed for the next shipment's duty.

Nigeria's VAT return is due monthly, not quarterly, so there's very little room to catch up. Import VAT paid at the port, VAT charged to customers and withholding deductions by big buyers all sit in different files, and the person who understands the workbook is usually the one travelling.

Raise the purchase order in Tallium AI, then add freight, duty, clearing and haulage as landed-cost lines against that shipment. The app spreads those charges across the units by value or quantity, so the moment stock is received your cost per carton is the real cost — and every margin report after that is honest.

Record supplier bills in the currency you actually bought in and settle them in naira. Tallium AI keeps both sides, posts the exchange difference for you, and shows a clear naira value on the stock you're holding, so you can see whether a shipment made money after FX and not just before it.

Track goods in transit, received quantities and warehouse locations in one place, with batch and expiry where you need it. Sales sees only what's genuinely available, reorder alerts fire before a fast line runs dry, and AI insights flag SKUs that have been sitting long enough to hurt.

Every sale and purchase carries its VAT treatment, so your input and output VAT accumulate day by day rather than at month end. Pull the summary for your monthly VAT return with the underlying invoices attached, ready for your accountant. Confirm current rates, filing dates and e-invoicing obligations with NRS or a qualified local tax professional.