GLX Systems
GLX Systems

Building Systems That Scale

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Accurate Books. Confident Decisions.

From transaction to board-ready financials — fully automated

GLX Accounting delivers a complete double-entry accounting system built for Tanzania's regulatory environment — TRA-compliant invoicing, VAT return generation, multi-currency support, and real-time financial statements that close in hours, not weeks.

TRA
Compliant invoicing & VAT returns
Real-time
P&L, Balance Sheet, Cash Flow
Multi-currency
TZS, USD, KES, EUR
Automated
Bank reconciliation
G
GLX Accounting
DashboardJournalInvoicesTaxReports
AC
DB
JL
Inv
Tax
Rp
Revenue YTD
TSh 184M
vs last year
Expenses YTD
TSh 128M
vs last year
Net Profit
TSh 56M
vs last year
Tax Payable
TSh 14M
vs last year
P&L Overview 2025
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M
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Revenue
Expenses
Recent Transactions
Jun 7Invoice INV-0821 — Paid+TSh 4,800,000
Jun 6Payroll — June 2025-TSh 15,500,000
Jun 5TANESCO Electricity Bill-TSh 480,000
Jun 4Invoice INV-0820 — Paid+TSh 2,100,000
SMEs, NGOs, professional services firms, trading companies, and any business that needs accurate, compliant financial management beyond basic bookkeeping
Overview

Your accountant shouldn't spend most of their time on data entry

In most East African businesses, bookkeeping is a painful monthly ritual of entering transactions from bank statements, chasing invoices, and manually reconciling accounts. By the time you have accurate financials, the month is almost over.

GLX Accounting automates the repetitive work. Bank transactions are imported and auto-matched to invoices and payments. Recurring entries post automatically. VAT is calculated as you invoice. Month-end closing becomes a review, not a rescue operation.

The result: your finance team spends their time on analysis and decision-support rather than data entry — and your management team gets the financial clarity they need to run the business confidently.

What's Included
Full double-entry accounting with multi-company chart of accounts
TRA-compliant invoice generation with QR codes (eTIMS ready)
Automatic VAT calculation and quarterly return reports
Bank statement import and transaction matching
Multi-currency accounting with real-time exchange rate management
Real-time P&L, Balance Sheet, and Cash Flow statements
Accounts Receivable aging and customer statement generation
Accounts Payable with payment scheduling and supplier statements
Capabilities

Key Features

Every feature engineered for real business workflows — not generic software that forces you to adapt.

General Ledger

Full double-entry ledger with a customizable chart of accounts, journal entries, period management, and financial statement generation. Multi-company and multi-cost-center support.

Accounts Receivable

Customer invoice management, payment tracking, AR aging reports, overdue reminders via SMS and email, and customer statement generation with M-Pesa payment links.

Accounts Payable

Supplier invoice entry, payment scheduling, AP aging, supplier statements, and bank payment batch processing. Three-way matching when integrated with purchasing.

Bank Reconciliation

Import bank statements (CSV/OFX) and automatically match transactions to journal entries. Unmatched items are flagged for review. Reconciliation takes minutes, not hours.

Multi-Currency

Transact in TZS, USD, KES, EUR, or any currency. Automatic exchange rate updates, unrealized gain/loss calculations, and currency-converted financial statements.

VAT & Tax Management

Automatic VAT calculation on sales and purchases. VAT return report formatted for TRA submission. Withholding tax (WHT) tracking and certificates. eTIMS integration.

Financial Reporting

Real-time P&L, Balance Sheet, Cash Flow, Trial Balance, and General Ledger reports. Comparative reporting (month-on-month, year-on-year). Export to Excel and PDF.

Audit Trail & Controls

Every transaction is logged with user, timestamp, and original entry. Approval workflows for journal entries above set amounts. Period lock-down to prevent backdating.

Integrations

Connects with GLX ERP, Inventory, HR & Payroll, and banking APIs. Import data from QuickBooks, Sage, and other systems. Automated payroll journal posting.

System Architecture

All system modules

Every module works together. Add only what you need, expand as you grow.

01
General Ledger
Chart of accounts, journals, and period management
02
Accounts Receivable
Customer invoicing and payment tracking
03
Accounts Payable
Supplier invoices and payment management
04
Bank Reconciliation
Statement import and transaction matching
05
Fixed Assets
Asset register and depreciation scheduling
06
Petty Cash
Petty cash management and reimbursement
07
VAT Management
VAT calculation and return reports
08
Multi-Currency
Foreign currency transactions and revaluation
09
Budgeting
Annual budget setting and variance reporting
10
Cost Centers
Departmental cost allocation and P&L
11
Financial Statements
Real-time P&L, BS, and Cash Flow
12
Audit Reports
Transaction logs and approval history
Who It's For

Built for your role

Finance Manager
The problem

Month-end closing takes 2 weeks of manual reconciliation, journal entries, and chasing the team for missing invoices. Errors are common.

How it helps

Automated bank reconciliation, real-time ledger updates, and AI-assisted invoice matching reduce closing time to 1–2 days of review and approval.

External Auditor / Accountant
The problem

Client's books are always in disarray. We spend more time reconstructing transactions than doing actual audit work.

How it helps

Complete audit trail, locked periods, and export-ready transaction logs make every audit engagement faster and less expensive for your clients.

Business Owner
The problem

I never know if the business is actually profitable. My accountant gives me numbers at the end of the quarter that are already outdated.

How it helps

Real-time P&L shows your revenue, costs, and profit margin updated with every transaction. You can check your business's financial health from your phone at any time.

Tax Consultant
The problem

Preparing VAT returns for clients requires pulling data from multiple sources and formatting it manually for TRA. It takes hours per client.

How it helps

The VAT return report is generated automatically in TRA's required format. All input and output VAT is tracked per invoice. Submission-ready in seconds.

Why GLX

Why businesses choose us

We don't sell generic software. We build systems designed around how your business actually works.

Built for Tanzania's tax environment — TRA invoicing, eTIMS integration, and VAT return format built in
Implementation includes migrating your existing data from QuickBooks, Sage, or Excel
Your team gets hands-on training on the software, not a generic manual
Integration with GLX ERP, Inventory, and HR means your accounting is always complete
No per-transaction fees — one implementation cost, own it forever
ICPAT and CPA Tanzania accountants involved in our compliance validation
Multi-company and group consolidation available for holding structures
WhatsApp support with your implementation accountant, not a generic helpdesk
Pricing

Packages & Pricing

Transparent pricing. Final quote based on your exact requirements.

Accounting Core
From $1,500
Complete bookkeeping and financial reporting for small and medium businesses.
General Ledger and chart of accounts
Customer invoicing and AR management
Supplier invoices and AP management
Bank reconciliation
VAT calculation and returns
Core financial statements
Up to 5 accounting users
3 months support
Get Started
Most Popular
Finance Suite
From $3,800
Full financial management with multi-currency, budgeting, fixed assets, and analytics.
Everything in Accounting Core
Multi-currency accounting
Fixed asset register and depreciation
Budgeting and variance reporting
Cost center accounting
Petty cash management
Advanced financial analytics
Up to 20 users
ERP / Inventory integration
12 months support
Get Started
Group Finance
Custom Quote
Multi-entity, multi-company accounting with consolidation for holding companies and groups.
Everything in Finance Suite
Multi-company and group consolidation
Intercompany transaction elimination
Consolidated financial statements
Advanced audit and compliance
Custom chart of accounts mapping
ERP full integration
Unlimited companies and users
24/7 SLA support
Get Started
FAQ

Common questions

Ready to get started?

See how Accounting System can work for your business

Book a free 30-minute demo. We'll show you the system live and answer every question you have.