MoneyOnGo Accounting Suites by InsureOnGo
Product Brochure · October 2026

The minimum standard for SME books

Enterprise-grade controls, at an SME price.

MoneyOnGo is cloud accounting built for Nigerian businesses: double-entry books, VAT, payroll with PAYE, pension and NHF, and audit-ready financial statements, all in Naira. Use it as a hosted service, or license it to run on your own infrastructure.

Double-entryVAT 7.5%PAYE · Pension · NHF 6 user rolesAudit trailSaaS or licence

Every posting must balance before it is saved

Why SMEs should treat it as the minimum standard

Spreadsheets and basic apps leave gaps that auditors, banks and FIRS will find

A growing business needs more than a list of transactions. Lenders, investors, auditors and tax authorities expect controlled, traceable books. MoneyOnGo makes these controls standard, so they are no longer a luxury reserved for large companies.

Books that always balanceEvery entry is double-entry and is refused if debits and credits differ.
Nothing silently deletedWrong journals are voided with a reason, keeping a complete history for review.
Segregation of dutiesSix roles separate who records, who approves, who pays and who only views.
A full audit trailSign-ins and key actions are logged with the user, time and IP address.
Statutory payrollPAYE, pension and NHF calculated on every payslip.
VAT built inNigerian VAT at 7.5% is applied and posted to the right accounts.
Statements on demandTrial balance, income statement, balance sheet and ageing reports at any date.
Secure by defaultStrong passwords, account lockout and protected sessions for every user, on every plan.

The suite

Everything an SME finance team needs, in one place

Receivables

INV · RCT · CN

Bill customers and get paid.

  • Invoices with VAT and line items
  • Receipts against invoices, and credit notes
  • Accounts receivable ageing

Payables

BILL · PMT · DN

Record supplier bills and control payments.

  • Bills, payment vouchers and debit notes
  • Accounts payable ageing
  • Printable payment vouchers for approval

Journals

JNL

Adjustments, accruals and corrections.

  • Multi-line balanced journals
  • Void with reason, and restore if needed
  • Voiding limited to senior roles

Payroll

Payslips

Pay staff correctly and on time.

  • Gross pay, allowances and deductions
  • PAYE, pension and NHF
  • Payslips and payroll summary, posted to the ledger

Petty cash & floats

PCH

Control small cash spending.

  • Multiple funds and floats
  • Expense vouchers with accounts
  • Balances always visible

Bank & transfers

Transfers

Move money between bank and cash accounts.

  • Transfers with full double-entry
  • Printable transfer advice
  • Bank balances on the dashboard

General ledger & chart

COA

The single source of truth.

  • Ready-to-use Nigerian chart of accounts
  • Account-level ledger with running balances
  • Add and organise your own accounts

Reports & exports

TB · P&L · BS

Answers for management, auditors and banks.

  • Trial balance, income statement, balance sheet
  • Receivables and payables ageing
  • Excel export and print-ready documents

Contacts & dashboard

Overview

Know your position at a glance.

  • Customers and suppliers in one directory
  • Dashboard of balances and activity
  • Each user sees only their permitted menus

Easy to use, step by step

Familiar documents in, correct double-entry out

Your team works with invoices, bills, vouchers and payslips. MoneyOnGo writes the double-entry for them, numbers every document, and keeps the ledger and reports up to date as they work.

Sales to cash

  1. Raise invoiceCustomer, items, VAT
  2. PostDr Receivables / Cr Revenue, VAT
  3. Receive paymentReceipt against the invoice
  4. PostDr Bank / Cr Receivables
  5. ReviewReceivables ageing, then send the receipt

Purchase to pay

  1. Record billSupplier, expense lines
  2. PostDr Expense / Cr Payables
  3. Approve voucherPrinted payment voucher
  4. PayDr Payables / Cr Bank
  5. ReviewPayables ageing

Payroll

  1. Set payGross pay and allowances
  2. CalculatePAYE, pension, NHF, net pay
  3. PostDr Salaries / Cr Bank, statutory liabilities
  4. IssuePayslips and payroll summary

Month-end close

  1. AdjustAccruals and corrections by journal
  2. CheckTrial balance balances
  3. ReportIncome statement and balance sheet
  4. ShareExport to Excel or print for management

Security architecture

Defence in depth, from sign-in to the ledger

Financial data deserves layered protection. Each layer below works on its own, so a weakness in one does not expose your books.

Layer 1

Identity & sign-in

  • Passwords stored only as bcrypt hashes, upgraded automatically as standards strengthen.
  • Password rules: at least 10 characters with letters and numbers; installation defaults are refused.
  • Account lockout after repeated wrong passwords, plus a per-network limit against password spraying.
  • Identical responses for unknown users and wrong passwords, so attackers cannot discover valid usernames.

Layer 2

Sessions

  • A new session identifier at every sign-in, which prevents session fixation.
  • Session cookies that scripts cannot read, that are not sent on cross-site requests, and that travel only over HTTPS.
  • Automatic sign-out after inactivity.
  • "Remember me" tokens stored only as hashes, and revoked on every device when a password changes.

Layer 3

Authorisation

  • Six roles (Admin, Manager, Supervisor, Accountant, Officer, Viewer), enforced on the server for every page.
  • Printing and Excel export follow the same rules, so a payslip prints only for roles that can open Payroll.
  • Sensitive actions such as voiding journals and managing users are limited to senior roles.

Layer 4

Application

  • A unique security token on every form, which blocks forged requests from other websites.
  • Business modules run only behind the authenticated router, never directly.
  • Escaped output and parameterised or escaped database queries against injection attacks.
  • Hardened browser headers: HTTPS enforcement (HSTS), clickjacking and content-sniffing protection.

Layer 5

Data integrity & audit

  • Every posting is validated to balance and written as one all-or-nothing database transaction.
  • Corrections void and reverse entries rather than deleting them.
  • A sign-in log and activity log record the user, time and IP address for review.

Layer 6

Configuration & secrets

  • Database credentials and keys kept in protected environment settings, never in application code.
  • Configuration files, backups and database exports blocked from the web.
  • The installer locks itself once the system is set up.

The technology behind it

Cloud-native delivery on a proven, portable stack

MoneyOnGo runs in the browser, with nothing to install on staff computers. The same platform runs in our secure cloud or on infrastructure you control.

AccessBrowser-basedWorks on modern browsers on laptops, tablets and phones, with a responsive layout.
ApplicationPHP 8.xA current, supported runtime, running on standard Linux web servers.
DatabaseMySQL / MariaDB (InnoDB)A transactional, ACID-compliant engine. Postings commit fully or not at all.
TransportHTTPS everywhereEncrypted connections, with HSTS so browsers refuse plain HTTP.
DeploymentCloud or on-premiseHosted by us, in a dedicated private cloud, or on your own servers under licence.
FootprintLean by designFew moving parts and few dependencies: simpler to secure, audit and keep fast.
DataYours to keepExport ledgers and reports to Excel at any time. Under licence, the database sits on your own infrastructure.
LocaleBuilt for NigeriaNaira formatting, Africa/Lagos time, VAT at 7.5%, and statutory payroll deductions.

How we compare

MoneyOnGo against four global accounting platforms

QuickBooks Online, Xero, Sage and Zoho Books are strong, widely used products. For a Nigerian SME, the deciding factors are usually local payroll, local pricing and where the data lives.

Capability MoneyOnGo QuickBooks Online Xero Sage Zoho Books
Double-entry ledger & financial statements Included IncludedIncluded IncludedIncluded
Nigerian payroll (PAYE, pension, NHF) Built in Third-party payrollThird-party payroll Depends on local productThird-party payroll
Nigerian VAT preset 7.5% preset ConfigurableConfigurable ConfigurableConfigurable
Role-based access & audit trail On every plan Fuller on higher tiersVaries by plan Varies by productFuller on higher tiers
Run on your own servers (licence) Available Cloud onlyCloud only Desktop editionsCloud only
Pricing currency NairaMostly USD / foreign currencyMostly USD / foreign currencyVaries by regionVaries by region
Local implementation & support Lagos-based product teamPartners / remotePartners / remotePartnersPartners / remote
Changes made for your business By the team that builds itApp marketplaceApp marketplacePartners / add-onsCustomisation tools
Ecosystem of third-party apps FocusedVery largeVery large LargeLarge

General comparison based on publicly available information as at October 2026. Features, plans, payroll availability and pricing differ by product, edition and country and change often; please confirm with each vendor. Product names are trademarks of their respective owners and are used for identification only.

Affordable without cutting corners

Lower cost, the same controls

Priced in Naira

No exchange-rate surprises on your software bill, and no foreign-card payments.

Payroll included

Statutory payroll is part of the suite, not a separate subscription or third-party tool.

Controls on every plan

Roles, audit trail, lockout and balanced posting are standard, not premium-tier extras.

Lean to run

An efficient platform keeps hosting costs low, and we pass that saving on.

Own it if you prefer

A licence turns a recurring subscription into an asset that runs on your infrastructure.

Local expertise

Set-up, training and support from a team that knows Nigerian accounting and tax.

Engagement options

Four ways to use MoneyOnGo

Choose a hosted service or a licence. Every option includes the full set of security controls. Quotes are in Naira.

Service · Shared cloud

Essentials

For small businesses moving off spreadsheets.

  • Receivables, payables, journals, ledger
  • Petty cash, transfers and core reports
  • Hosted, updated and maintained by us
  • Standard support

Monthly or annual subscription

Service · Shared cloud

Business

For growing SMEs with staff and a finance team.

  • Everything in Essentials
  • Payroll with PAYE, pension and NHF
  • Full financial statements and Excel exports
  • Onboarding, opening-balance migration and priority support

Monthly or annual subscription

Service · Dedicated

Private Cloud

For organisations that need their own isolated environment.

  • A dedicated instance and database, managed by us
  • Your own domain and branding on documents
  • Scheduled updates agreed with you
  • Service levels set out in your agreement

Annual subscription

Licence · Your infrastructure

Enterprise Licence

For groups, regulated entities and IT-led organisations.

  • Install on your own servers or cloud account
  • Full control of data location and access
  • Installation, hardening and handover by our team
  • Optional annual support and updates

One-off licence + optional support

Getting started

From sign-up to your first month-end

  1. DiscoveryWe review your entities, accounts, payroll and reporting needs.
  2. Set-upYour chart of accounts, VAT, payroll settings and document details are configured.
  3. Opening balancesWe bring in your balances, customers and suppliers.
  4. Users & rolesEach person gets the right role, with strong passwords from day one.
  5. TrainingShort, role-based sessions for each team.
  6. Go-live & supportWe support your first month-end close.

Questions buyers ask

Before you decide

Who owns the data?

You do. Ledgers and reports can be exported to Excel at any time. Under a licence, the database runs on your own infrastructure.

Can different staff see different things?

Yes. Six roles control what each person can open, post, print and export, from full administration down to read-only reporting for auditors.

How are mistakes corrected without hiding them?

Posted journals are voided with a reason and can be restored. Entries are reversed rather than deleted, so reviewers can always follow what happened.

Does it handle Nigerian payroll deductions?

Yes. PAYE, pension and NHF are calculated for each employee, with payslips and a payroll summary posted to the ledger.

Should we choose the service or a licence?

Choose the service if you want us to host, update and secure everything. Choose a licence if your policy requires the data on your own infrastructure, or you prefer a one-off cost.

What do we need to run it?

For the service, just a modern web browser and an internet connection. For a licence, a standard Linux web server with PHP 8 and MySQL or MariaDB; our team installs and hardens it with you.

Talk to us

Raise your books to the minimum standard

Book a demo to see an invoice, a payroll run and a month-end close in MoneyOnGo. Then we will recommend the engagement option that fits your business, with a clear Naira quote.

Email [email protected]
Web www.insureongo.com
Office 343 Borno Way, by Hughes Avenue, Alagomeji, Yaba, Lagos, Nigeria

Also from InsureOnGo: ChatSure CRM for customer engagement, and ChatSure, our WhatsApp-native insurance platform.

The journal voucher on the cover is an illustration. Statutory rates and rules (VAT, PAYE, pension, NHF) are configured to current Nigerian requirements and should be confirmed with your tax adviser for your circumstances.

© 2026 InsureOnGo Partnering Insurtech Limited. MoneyOnGo Accounting Suites is a product of InsureOnGo. QuickBooks, Xero, Sage and Zoho are trademarks of their respective owners. This brochure is for information only and does not form a contract; features and services are provided under a signed agreement.