Getting Started with NkhokwePlus

A step-by-step guide to setting up your group for success.

1

Create Your Account & Group

Begin by signing up for a free NkhokwePlus account. Once registered, you'll be guided to create your group, giving it a name and setting its initial country and currency. This establishes you as the Group Administrator.

2

Set Initial Policies

During setup, you'll define the basic financial rules for your group. This includes setting the default interest rate for loans and the maximum repayment period. These defaults ensure consistency and can be changed later in Group Settings.

3

Establish Your Chart of Accounts

This is a critical step. You'll be prompted to create your group's financial accounts. We highly recommend using our professional template, which sets up standard accounts for assets, liabilities, income, and expenses, forming the foundation for all financial tracking.

4

Invite Members & Assign Roles

Navigate to the Members page to generate secure, single-use invite codes to share with your members. Once they've joined, go to Group Settings to designate key officer roles like Chairman, Secretary, and Finance Officer. This is crucial for enabling approval workflows.

5

Manage, Transact, and Grow

You're all set! Start recording contributions, managing loan requests through the multi-step approval process, and using the dashboard to monitor your group's financial health. Explore advanced features like Journals, Dividends, and Reporting as your group grows.

Ready to transform your group's finances? Sign up for a free trial today.