An Enterprise Projects Business Solution

Capture once.
It reflects everywhere.

One system for your sales, stock, staff, projects and books. Built for Nigerian businesses.

Three colleagues checking figures on a laptop

Get to know MagnetERP

Your whole back office, in one place.

An office team at work

What is MagnetERP?

Sales, purchases, stock, payroll and accounts, working as one.

Explore what it does
Containers stacked at the port in Lagos

Watch a sale go through

One invoice updates stock, the customer, the project and the ledger.

See how it works

What MagnetERP does

It runs your sales, purchasing, stock, production, HR, payroll, assets and accounts in one system. Post a transaction once and every record it touches is updated.

  • Sales

    Orders, invoices, waybills and consignment sales.

    Sales

    One invoice charges the customer, takes the goods out of store and posts the ledger. Goods held on consignment sell for a commission.

  • Leads & deals

    Pipeline, quotations, follow-ups.

    Leads & deals

    Leads move through your pipeline with reminders to follow up. A won quotation becomes the sales order, no re-typing.

  • Purchasing

    Orders, goods received, supplier invoices.

    Purchasing

    Order, receive against the order, then pay the supplier. Freight and duty are spread into what the goods cost.

  • Stock

    Every store, costed first-in first-out.

    Stock

    Issues and transfers move quantity and value together. Consignment stock is counted apart and never valued as yours.

  • Production

    Manufacturing, assembly and blending.

    Production

    Each run follows a bill of materials. What was used is set against what the bill allowed, so waste is measured, not guessed.

  • Treasury

    Payments, receipts and transfers.

    Treasury

    Every payment is verified and approved before it posts, and a bank must cover what leaves it.

  • HR & payroll

    PAYE, pension, NHF, NSITF, payslips.

    HR & payroll

    Staff records and posts drive the pay run. It works out the deductions, posts to the ledger and prints payslips.

  • Property, plant and equipment

    From purchase to disposal, depreciated.

    Property, plant and equipment

    Register, insure, assign and depreciate each asset. Disposal books the gain or loss.

  • Projects

    Every cost and sale on its job.

    Projects

    Tag sales, purchases and stock to a project and see what each job earned, cost and made.

  • Budgets & credit

    Spending held to budget, customers to limits.

    Budgets & credit

    Budgets set against actuals, credit limits per customer, and an age analysis of what is overdue.

  • Integrated general ledger

    Journals, periods, VAT, currency revaluation.

    Integrated general ledger

    Every module posts here. Journals, open and closed periods, VAT and month-end currency revaluation.

  • Reports

    Profit by project, cash flow, who owes what.

    Reports

    Comprehensive income, financial position, cash flow, trial balance and more, by company or the whole group. Print or Excel.

One sale. Every record. No re-typing.

Post an invoice once. These are the records it updated.

The invoice Sales, stores and accounts all work from the same entry.
A posted MagnetERP sales invoice for three lubricant products, 461,820.00 including VAT

Sales invoice, as printed

Stock You know what's on the shelf and what it's worth.
The stock card for the engine oil, with the invoice's issue of 20 units marked

Stores Bin Card

Customer account Every customer's history in one place, ready when they call.
The customer's statement of account, with the invoice's three lines marked

Statement of account

Project Each project shows what it earned, not just what it sold.
The project report showing cost, sales and margin for each line of the invoice

Project Stock Sales report

General ledger Your books update automatically.
The fifteen ledger lines the invoice posted, with equal debit and credit totals

The invoice's ledger lines

Screens from MagnetERP, using a demo company.

A look inside.

The production summary: assembly, blending and manufacturing runs with planned, good and rejected quantities and unit cost
ProductionKnow what every batch made and what each unit really cost.
The asset register status: each building, vehicle and machine with its cost, depreciation and carrying amount
Property, plant and equipmentWhat every asset is worth today, without a spreadsheet.
The statement of comprehensive income for the period, year to date and last year
Financial statementsYour profit for any period, ready the moment you ask.
The deals board: open deals in each stage, with their value, owner and whether they are on track
Sales pipelineEvery opportunity in view, from first call to signed order.

Screens from MagnetERP, using a demo company.

Lagos from the air: office towers and the Atlantic

Built for how Nigerian businesses actually run.

MagnetERP is designed around the way business really works in Nigeria: books kept in your base currency with dollars and other currencies alongside, groups of companies run from one place, approvals before money moves, and Nigerian tax and payroll built in from the start. It is light enough for the networks your teams actually work on.

Lagos

From the plant floor to the head office.

Wherever the work happens, it lands in the same books.

A field worker in coveralls and a hard hat
Oil & gasEvery contract and cost on its own project.
Heavy machinery on a steel fabrication floor
ManufacturingBills of materials, runs, waste measured.
A worker counting cartons in a warehouse
WarehousesEvery carton counted and costed.
A team meeting around a table
Head officesOne view across every company.
A refinery and tank farm from the air
Tank farmsStock in every tank, costed.

Know what every job made.

Costs and sales land on the project that caused them.

Sales
Each invoice names its project, so the income lands there.
Costs
Purchases, goods used and staff costs are charged to the job too.
Margin
What each job earned, cost and made, in the reports.

Every currency, revalued at month end.

Your base-currency books show what your foreign balances are really worth.

Closing rate
At month end, enter the rate for each currency.
Restated
Foreign bank, customer, supplier and finance balances are revalued at it.
Gain or loss
The difference posts as a new entry. Nothing earlier is rewritten.

Ask your books. Win more deals.

Your AI assistant and your sales pipeline, on the same numbers.

Ask in plain words

Connect Claude, ChatGPT or any MCP assistant.

How did the fabrication contract do?

Revenue ₦1,150,000, cost ₦710,000. Margin ₦440,000 - that's 38.3%.

Example conversation

Leads to orders, no re-keying

A won quotation becomes the sales order.

New

Shop fittings₦3,400,000

Gate & fence₦860,000

Quoted

Office partitions₦1,920,000

Roof repair₦540,000

Won

Fabrication contractSales order raised

Example pipeline

Books you can stand behind.

  • Nothing posted is overwritten

    Mistakes are reversed, never erased.

  • Checked before it posts

    Documents are verified and approved first.

  • Each company stays separate

    Seeing across companies needs permission.

Contact us

Tell us what your business does. We'll show you MagnetERP running it.

An engineer at a power substation