Docs / Billing & account
VAT invoices and TIN
3 minute read
Prices exclude VAT; 7.5% is added to each hourly charge. Add your company name and Tax Identification Number (TIN) in Billing and you get a VAT invoice for each month, ready for your accountant and FIRS filings.
1. Add your billing details
Open Billing and choose Edit on the Billing details card. Enter the registered company name, the TIN, a billing email and the company address exactly as on your CAC and FIRS records.
| Field | Example |
|---|---|
| Company name | Kora Foods Ltd |
| TIN | 12345678-0001 |
| Billing email | [email protected] |
| Address | 14 Admiralty Way, Lekki Phase 1, Lagos |
2. How VAT is worked out
VAT is charged on usage, not on top-ups. Each daily usage line in Wallet history already includes it; the monthly invoice shows it separately.
| Line | Amount |
|---|---|
| Usage, October 2026 (before VAT) | ₦41,777 |
| VAT 7.5% | ₦3,133 |
| Total charged | ₦44,910 |
3. Download your invoice
On the 1st of each month the invoice for the previous month appears under Invoices, and a copy is emailed to the billing email. Each one lists every resource with its hours, the VAT and your TIN.
simplicloud billing invoices list# MONTH TOTAL STATUS# October 2026 ₦44,910 issued# September 2026 ₦39,204 issuedsimplicloud billing invoices download 2026-10 -o kora-2026-10.pdf
4. Fix or reissue an invoice
If you added your TIN after an invoice was issued, choose Reissue on that invoice to get a corrected copy with the new details. Amounts never change on a reissue.
- Download a CSV of Wallet history for reconciliation; it is sent to the billing email.
- Paystack receipts for top-ups come from Paystack; the VAT invoice is the document for your books.
- Change who gets invoice emails under Settings, Notifications (Monthly VAT invoice ready).