Phase 1 Pilot Configuration
PSE Consultants
Phase 1 — In Progress
Opening balance figures not yet entered — recommend confirming before first transaction. Parallel run recommended before switching from manual records.
Company Identity
- Company name
- PSE Consultants
- Jurisdiction
- Nigeria
- Entity type
- Engineering consultancy
- Pilot phase
- Phase 1
Currency Configuration
- Base currency
- NGN (Nigerian Naira)
- Additional currencies
- USD (domiciliary), GBP (domiciliary)
- Multi-currency
- Enabled
Financial Year
- Financial year
- January – December
- Current year
- 2026
- Opening balance date
- 1 January 2026
- Opening balance source
- Zero (fresh start — 1 January 2026)
Tax Configuration
Registered
PSE Consultants is VAT registered. VAT amounts are contract-defined and itemised on each invoice. The system posts the declared VAT amount — it does not auto-calculate or add VAT.Enabled
Rate 15% — consulting / professional services
Rate 210% — construction / contracts (project-dependent)
Effective date1 January 2026
NoteWHT rate (5% or 10%) is determined by the project contract type. Amount is declared on the invoice. System posts as declared.
Bank Accounts (4 accounts configured)
- NGNMain — primary payments and large transactions
- NGNImprest — petty cash / staff advances
- USDDomiciliary — USD imprest
- GBPDomiciliary — GBP imprest
Parallel Run Sign-off
- Parallel run recommended
- Yes (1 month minimum)
- Sign-off authority
- Owner (self — no external accountant required)
- Method
- Compare PluralBooks totals against manual records for January 2026
- Transition
- Owner may transition to PluralBooks as primary system after parallel run review
Phase 1 Status
Phase 1 — In Progress
Opening balance figures not yet entered — recommend confirming before first transaction. Parallel run recommended before switching from manual records.