What eTIMS Billing Software does for a credit union
eTIMS billing files a compliant tax invoice with KRA on every sale, with no manual entry. For a credit union, the value shows up exactly where the work is hardest.
Credit unions track member accounts, savings, loans, investments and regulatory compliance. Credit union margins come from loan interest and fee income.
Members and regulators expect transparent accounting and safe capital management. Veira handles that as part of the same sale, so compliance is not a separate evening job.
Credit Unions run differently, and the software should too
A generic till misses the details that decide whether a credit union makes money. These are the ones that matter:
- 1
The daily reality
Member records and account tracking. eTIMS Billing Software built for a credit union turns that into a number you can act on, and you also issue a KRA compliant eTIMS invoice on every sale.
- 2
Where the margin leaks
Loan portfolio management. eTIMS Billing Software built for a credit union turns that into a number you can act on, and you also queue invoices offline and submit when reconnected.
- 3
What slows the counter
Savings and investment tracking. eTIMS Billing Software built for a credit union turns that into a number you can act on, and you also keep a clean audit trail you can export in one click.
- 4
What buyers expect
Regulatory compliance. eTIMS Billing Software built for a credit union turns that into a number you can act on, and you also give registered buyers the invoice they need to claim input VAT.
What to look for in eTIMS Billing Software for a credit union
- eTIMS filing built in, not a separate fee. This matters for a credit union because of member records and account tracking.
- Offline queueing so an outage does not stop billing. This matters for a credit union because of loan portfolio management.
- An exportable audit trail. This matters for a credit union because of savings and investment tracking.
- Support that handles KRA onboarding with you. This matters for a credit union because of regulatory compliance.
A notebook and a basic till, or Veira
| Notebook or basic till | Veira | |
|---|---|---|
| Counting stock | By hand, rarely matches the shelf | Live by item, branch and value |
| M-Pesa at the counter | Checked on a separate phone | Matched to each sale automatically |
| eTIMS invoices | Typed in later, if at all | Filed on every sale, even offline |
| Knowing your numbers | A monthly guess | Live margin and takings on your phone |
A real credit union example
A Nairobi credit union with 2,000 members cannot track accounts, loans or investment holdings.
- Member records and account tracking.
- Loan portfolio management.
- Savings and investment tracking.
- Issue a KRA compliant eTIMS invoice on every sale.
- Queue invoices offline and submit when reconnected.
- Keep a clean audit trail you can export in one click.
Every sale on Veira files a compliant KRA eTIMS invoice, online or offline. Members and regulators expect transparent accounting and safe capital management.
eTIMS billing files a compliant tax invoice with KRA on every sale, with no manual entry. Here is what that looks like with Veira:
- Issue a KRA compliant eTIMS invoice on every sale
- Queue invoices offline and submit when reconnected
- Keep a clean audit trail you can export in one click
- Give registered buyers the invoice they need to claim input VAT
Related questions
Frequently asked questions
Is eTIMS Billing Software hard to set up for a credit union?
Does it keep working offline?
Does it handle M-Pesa for a credit union?
Is it KRA eTIMS compliant?
How much does eTIMS Billing Software cost for a credit union in Kenya?
Can it run more than one credit union?
Based on KRA eTIMS regulations and interviews with 5,000+ Kenyan businesses
Whether you run one credit union or several across Kenya, Veira gives you eTIMS billing that fits the trade instead of fighting it. Book a free demo and see it work with your own member savings accounts.