How can we help?
Find answers to the most common questions about using Finbuk โ from getting started to understanding your tax obligations.
Getting started
How do I create a Finbuk account?+
Download the Finbuk app and sign up with your Nigerian mobile phone number. You will receive a 6-digit OTP via SMS to verify your number. Once verified, complete your business profile to unlock all features.
What information do I need to set up my business profile?+
You will need your business name, business type (e.g., sole trader, retail, services), and optionally your Tax Identification Number (TIN) and VAT registration number. You can always update these later in Settings.
Is Finbuk free to use?+
Yes โ Finbuk is completely free during our beta period. All features are available at no charge. If paid plans are introduced in the future, you will receive at least 30 days' notice and will never be charged without your explicit consent.
Recording transactions
How do I record a sale?+
From the dashboard, tap the + button and select 'Sale'. Enter the amount, add a description or customer name (optional), and save. The sale will be added to your records immediately.
Can I record expenses too?+
Yes. Tap + and select 'Expense'. Enter the amount and category (e.g., stock, transport, rent). Finbuk uses your expenses to calculate your net profit and improve your tax estimates.
How do I track money customers owe me?+
Use the Debts section to record outstanding amounts. You can add the customer's name, the amount owed, and a due date. Finbuk will remind you when debts are overdue.
Tax & compliance
How does Finbuk calculate my tax estimate?+
Finbuk uses your business type, registered state, monthly revenue, and transaction history to estimate what you may owe in VAT, CIT (Company Income Tax), PITA (Personal Income Tax), or Presumptive Tax. These are estimates only โ always verify with a qualified accountant before filing.
When do I need to register for VAT in Nigeria?+
Businesses with annual turnover above โฆ25 million are required to register for VAT with FIRS. Finbuk will alert you when your projected revenue approaches this threshold.
Can Finbuk file my taxes for me?+
Not currently. Finbuk helps you understand your obligations and prepare your records, but actual filing must be done through FIRS, LIRS, or your state revenue authority. We are working on guided filing support for a future update.
What tax deadlines does Finbuk track?+
Finbuk tracks VAT returns (monthly), CIT provisional returns (quarterly), and annual returns. You will receive in-app reminders before each deadline based on your registration status.
Account & security
How do I reset access to my account?+
Finbuk uses OTP-based login โ there is no password to reset. If you lose access to your registered phone number, contact us at support@myfinbuk.com with your business name and we will help verify your identity.
Can I use Finbuk on multiple devices?+
Yes. Your account is linked to your phone number, so you can log in from any device using OTP verification. Your data syncs automatically.
How do I delete my account?+
Go to Profile โ Settings โ Delete Account. Your personal data will be removed from our active systems within 30 days, except where retention is required by Nigerian law.
Data & privacy
Who owns the data I enter into Finbuk?+
You do. Your transaction records, invoices, customer data, and financial history belong entirely to you. myfinbuk only processes this data to deliver the Finbuk service to you.
Can I export my data?+
Yes. You can export your transaction history and financial records from the Reports section. Exports are available in CSV format.
Does Finbuk share my data with anyone?+
We do not sell or share your data with third parties for commercial purposes. Limited technical data may be shared with infrastructure providers (e.g., cloud hosting, SMS gateway) solely to operate the service. See our Privacy Policy for full details.
Still have questions?
Our team responds within 2โ3 business days. You can also browse the Knowledge Base for in-depth guides on specific features.
Or email us directly: support@myfinbuk.com