Business & Insurance

Veona Finance

A double-entry general ledger built natively into Veona, so every clinical and operational event posts into one set of books, with financial statements computed live.

Double-entrygeneral ledger
LiveP&L, balance sheet, cash flow
Multi-currencywith FX revaluation
No bolt-onERP to buy or integrate
One ledgerfor the whole hospital
Balancedevery voucher, asserted
Period-guardedopen, close, lock
Immutablecorrections reverse, never edit
What it does

Real accounting, inside the system that runs your hospital.

Veona Finance is a native, enterprise-grade general ledger built into Veona. A patient invoice, a reagent consumption, a purchase invoice, a payroll run, and an asset depreciation all post into the same chart of accounts through one balanced, period-guarded posting seam. Trial balance, profit and loss, balance sheet, and cash flow are computed live over the ledger, so the finance office is never reconciling a clinical system against a separate accounting package.

A chart of accounts and double-entry ledger

Maintain a tree chart of accounts across asset, liability, equity, income, and expense roots. Every posting is a balanced double-entry voucher: debits must equal credits or it is never persisted. General ledger entries are immutable; corrections are made by reversing vouchers, so the audit trail is intact.

Tree chart of accounts
Balanced double-entry vouchers
Immutable, append-only ledger
Reversing entries for corrections
Finance / LedgerChart of Accounts1000 · Accounts ReceivableDr4000 · Patient RevenueCr5000 · Cost of Goods SoldDrVOUCHER INV-2207Dr Accounts Receivable120,000Cr Patient Revenue120,000Balanced

Journals, cost centers, and budgets

Post manual journal entries for accruals and adjustments, and tag every line with a cost center resolved from the originating department, so a profit and loss can be cut by service line. Set budgets per cost center with warn or block thresholds to keep spend in line.

Manual journal entries
Cost centers per department
Budgets with warn or block
Project dimension on every line
Finance / Cost centersCost centers · this monthOutpatientLaboratoryPharmacyPHARMACY BUDGETSpent 92% of budgetWarn threshold reached

Live financial statements

Trial balance, profit and loss, balance sheet, and cash flow are read-only aggregates over the ledger, computed on demand for any period, cost center, or project. Open, close, and lock accounting periods so a closed month cannot be quietly re-posted.

Trial balance
Profit and loss
Balance sheet with retained earnings
Cash flow, indirect method
Finance / StatementsProfit & Loss · Jun 2026Revenue84,210,500Cost of goods sold(31,640,200)Operating expense(28,902,100)Net profit23,668,200

Multi-currency with FX revaluation

Hold the ledger in your base currency while transacting in others. Every foreign-currency line carries a base value at the rate on the posting date, with an exchange-difference line on rounding, so the books stay balanced and FX gains and losses are recognised.

Base currency ledger
Per-line FX at posting date
Exchange-rate table
Exchange-difference recognition
Finance / Multi-currencyExchange rates · base NGNUSD → NGN1,540.00EUR → NGN1,665.40SUPPLIER INVOICE · USDInvoice totalUSD 4,000.00Base value postedNGN 6,160,000FX difference on settlementNGN (42,000)Recognised to exchange-difference
Capabilities

A full finance office, built in.

Chart of accounts

A tree across asset, liability, equity, income, and expense.

General ledger

Immutable, balanced, double-entry, indexed by account, party, and date.

Journal entries

Manual accruals and adjustments, balanced and period-guarded.

Cost centers

Resolved from the originating department on every posting.

Budgets

Per cost center, with warn or block thresholds.

Fiscal periods

Open, close, and lock so a closed month cannot be re-posted.

Multi-currency

Base-currency ledger with per-line FX and revaluation.

Bank and treasury

Bank accounts and statement reconciliation.

Live statements

Trial balance, P&L, balance sheet, and cash flow on demand.

How it works

From a clinical event to a financial statement.

Event

An invoice, a stock issue, a purchase, a pay run, or a depreciation happens in a Veona module.

Post

The module posts one balanced, period-guarded voucher into the general ledger.

Dimension

Each line carries its cost center and project, so spend is attributable.

Report

Trial balance, P&L, balance sheet, and cash flow recompute live.

Works with

The subledgers that post into Finance.

Questions

What buyers ask about Veona Finance.

Is this a real double-entry general ledger?

Yes. Every posting is a balanced voucher where debits must equal credits or it is never persisted, ledger entries are immutable, and corrections are made by reversing vouchers. It is a native, enterprise-grade accounting layer, not an export.

Do I still need an external accounting package?

No. The point of Veona Finance is that the clinical and operational events that happen in Veona post directly into one set of books, so there is no separate accounting system to buy, integrate, or reconcile.

Can I report by department or service line?

Yes. Every ledger line carries a cost center resolved from the originating department, plus an optional project dimension, so profit and loss can be cut by service line, ward, or project.

Does it handle foreign currency?

Yes. The ledger is held in your base currency, foreign-currency lines carry a base value at the posting-date rate, and exchange differences are recognised so the books stay balanced.

See Veona Finance in action.

A walkthrough of one set of books for your hospital, with statements computed live.