01 · Payments and advances
Routed by amount, paid with the paperwork attached.
Payment requests and cash advances follow your approval chain. Approval drafts the payment for Finance to check, so nobody re-types an amount.
Every naira, approved and accounted for.
Finance & Accounting runs your ledger, payments, cash advances and budgets in naira and dollars, with every payment traced back to the approval that allowed it.
Follow one naira
- 01 · RequestedCR-2026-0142₦1,850,000 for Site 3 running costs, from a phone.
- 02 · Approved3 of 3Head of department, Finance and internal audit.
- 03 · PaidPE-2026-2210Drafted on approval, checked and paid by Finance.
- 04 · PostedJV-2026-8812To the Site 3 cost centre and the project.
- 05 · Against budget₦33.1m / 48.0mSite 3 cost to date, updated the same day.
02 · Retirement
No advance stays open.
Every advance is retired with receipts, and any balance is returned or reimbursed. Your company decides what happens to a new request while one is open: allow it, cap it, or hold it until the last is retired.
03 · Budgets and cost control
Budgets that warn, then stop.
Budgets by cost centre and project. A material request over budget gets a warning; a purchase order over budget stops until a budget holder decides. Every month closes with budget, actual and committed cost side by side.
04 · Cash-flow forecast
See the tight week coming, thirteen weeks out.
Expected receipts, adjusted for how each client really pays, against approved requests, open orders, payroll and statutory remittances. The bank position, week by week.
Approvals in this module
Four kinds of request, one chain each.
Vendor payments
Paid against the supplier’s invoice once approved.
Cash advances
Released to the employee, then retired with receipts.
Statutory payments
PAYE, pension, NHF and other remittances, on the calendar.
Petty cash top-ups
Floats replenished only when the last vouchers are in.
Works with
Finance is where every other module ends up.
Use cases
How companies like yours use CrineonERP
- Use case · Finance
A finance manager retiring site cash advances
Receipts come in from site, balances return or reimburse, and a new advance follows the company’s rule while one is still open.
Features
Everything in Finance & Accounting
Ledger and reporting
- General ledger with project and department on every entry
- Financial statements
- Reports and dashboards per department and project
- Excel export from every report
- Audit reports: approvals by approver, payments above threshold
Payables and receivables
- Purchase and sales invoices
- Supplier payments against invoices
- Customer receipts with WHT deducted
- WHT credit notes tied to each client’s certificate
Requests and approvals
- Payment requests with approval chains
- Cash advances, retired with receipts
- Your rule for a new advance while one is open: allow, cap or block
- Petty cash floats and vouchers
- Thresholds that add internal audit or the MD
Cash and banking
- Bank reconciliation
- NGN and USD with exchange-rate history
- 13-week cash-flow forecast
Tax and compliance
- VAT and WHT
- Statutory remittance calendar with owners
- NRS e-invoicing, as an upcoming integration
Budgets and cost control
- Budgets by cost centre and project
- Warn at material request, stop at purchase order
- Monthly budget, actual and committed cost
FAQ
Finance questions
Can we keep naira and dollar accounts side by side?
Yes. Contracts, invoices and bank accounts can be in NGN or USD, with exchange-rate history, and reports show both.
Can Finance change the approval thresholds?
Yes, with the right permission. Levels, amounts and approvers are set for each type of request without new software, and every change is kept in the audit trail.
Does it handle WHT deducted by our clients?
Yes. Each receipt records the WHT the client deducted, and the credit is tied to the client’s WHT certificate, so Finance can see which deductions are still waiting for one.