NewOctober: construction contracts under IFRS 15, a bonuses page, and an AI agent that prepares changes. See what's new in October
ELVIRA
BOOKS

One set of books

Completeaccounting software,with an AI agent.

Sales, banking, POS, payroll, stock and IFRS reports in one app. Ask the agent about your books, and it drafts the work for you to check.

No card. Runs in your browser on a computer, a tablet or a phone.

One sale shown three ways: the POS receipt, the journal entry it posts, and the profit and loss it moves.

40+ reportsAccrual or cash, to Excel or PDF
Any currencyDated rates, gains and losses
Multi-languageInvoices in more than one language
A year freeNo card, ready in a minute
app.elvirabooks.com
The Elvira Books dashboard: sales, cash, what customers owe and what is due, for the sample company

The dashboard, as it is in the app today.

The product

From the counter to the year-end close.

Point of sale

A POS that is the books.

  • Every sale posts itself: stock, cash and tax.
  • Sells with the internet down, then catches up.
  • Shifts, Z reports, receipts numbered per POS.
How the POS posts

Bank matching

Statement in. Matches found.

  • The closest match first: invoices, bills, salaries.
  • Your rules categorize the rest.
  • A reconciliation locks what it reconciles.
Bank reconciliation
Business CheckingStatement lines
4 to review
23 OctTRANSFER FROM NORTHWIND TRADING14,200.00
Closest: INV-1047 · Northwind Trading Co. exactMatchMatched INV-1047 · Northwind Trading Co.
24 OctSTARLING ROASTERS LTD−1,240.00
Closest: BILL-0388 · Starling Roasters exactMatchMatched BILL-0388 · Starling Roasters
24 OctPAYROLL OCT−6,937.73
Closest: Salary payment SP-0019 exactMatchMatched SP-0019 · Maya Rahman, Daniel Okafor and 2 more
25 OctCARD FEES OCTOBER−38.60
Rule: “CARD FEES” CategorizeBy your rule Bank charges

Construction contracts · IFRS 15

Revenue earned as the work is done.

  • By percentage done, stages reached, or cost to cost.
  • Billed in stages, with retention held back.
  • A contract set to lose money says so, and you post the provision.
Revenue recognition under IFRS 15
2026-031 - Harbour Walk fit-outRevenue earned · 31 Oct 2026
On track
Contract value480,000.00
Earned to date297,600.00
Contract asset57,600.00
Work done 62%Billed 240,000.00
Deposit · 20%96,000.00Invoiced
Structure · 30%144,000.00Invoiced
Fit-out · 30%144,000.00Reached
Handover · the rest96,000.00Open
Retention held by the customer 24,000.00Month-end entry CRV-0007

HR and payroll

Payroll that knows the dates.

  • A raise mid-month splits the month by days.
  • One transfer pays everyone; advances come back monthly.
  • Leave, overtime, bonuses, end of service, payslips.
Payroll in the manual
Pay run PR-2026-10October 2026 · 4 people
Posted
No.EmployeeBasicOvertimeBonusAdvanceNet
E-001Maya Rahman1,800.00120.00250.00–2,170.00
E-002Daniel Okafor1,450.00––(200.00)1,250.00
E-003Lina Haddad2,203.2364.50––2,267.73
1 to 15 Oct1,016.13at 2,100.00 a month
16 to 31 Oct1,187.10at 2,300.00 a month
E-004Tomás Silva1,250.00–––1,250.00
Total6,703.23184.50250.00(200.00)6,937.73
Paid in one transfer SP-0019Advance ADV-0014 · 200.00 a month

Credits and refunds

Give back only what was sold.

  • Pick the lines from the invoice or the bill.
  • Never more than is left to give back.
  • A return and its refund, recorded in one step.
Receivables and credit control
New credit noteBluepeak Design Studio
From INV-1042
INV-1042SoldBackLeftThis credit
Desk lamp4132
Notebook A5100100
Monitor arm220Nothing left

Only 3 left to give back on INV-1042.

Credit32.00VAT 10%3.20Total35.20

Built in

The finance work, done in the books.

Goods in transit

Bill it before it lands. What has not arrived stays in transit at the bill's cost.

Fixed assets

Depreciation runs itself, to the day you sell, with the gain or loss posted.

Revenue contracts

Bill once, and earn it month by month across the term.

Loans

Every instalment split into interest and principal, on its own schedule.

Leases under IFRS 16

The liability, the right-of-use asset and every entry, worked out.

Investments

Fair value, amortised cost or the equity method, with coupons and dividends.

Shopify

Paid orders come in as sales receipts, refunds as returns, by themselves.

VAT that explains itself

Why each line got its tax, and the VAT return from the same figures.

Elvira AI Agent

Ask your books. It answers from them.

  • Ask in plain words. Who owes us, what is due this week.
  • Send a photo of a bill. It drafts it; you post it.
  • Ask for a change. It shows the change; you apply it.

The owner can switch the agent off.

Who owes us for more than 60 days?

Elvira

Two customers, $2,010.00 in all:
Sable Ridge Ventures · INV-1008810.00
Bluepeak Design Studio · INV-10191,200.00
Give Bluepeak until 15 November on INV-1019.
Prepared change1 invoice
InvoiceINV-1019 · Bluepeak Design Studio
Due date11/07/2026  15/11/2026
ApplyCancelNothing is changed yet.

October 2026

What's new, as it went live.

26 OctPayroll

Bonuses page: import from Excel, paid with the month's pay run.

25 OctPayroll

Advances paid with a salary come back in monthly instalments.

24 OctEverywhere

Made for tablets and iPads.

18 OctContracts

Construction contracts under IFRS 15, with loss provisions.

17 OctSales

Retainer invoices, progress billing and retention.

16 OctAI agent

The agent prepares changes for you to apply.

15 OctTax

VAT that explains itself, line by line.

Everything included

And the rest, in the same books.

Sales

  • Estimates and sales orders
  • Invoices, credit and debit notes
  • Retainer invoices
  • Statements and reminders
  • Recurring invoices
  • Shopify orders, posted

Purchases

  • Purchase orders and bills
  • Expenses, one or a screenful
  • Supplier credits and refunds
  • Goods received and in transit
  • Landed cost
  • Prepaid expenses

Banking

  • Statement import
  • Matching, closest first
  • Rules for each account
  • Reconciliation that locks
  • Transfers and deposits
  • Post-dated cheques

Stock

  • Weighted average or FIFO
  • Units, packs and barcodes
  • Kits and production runs
  • Batches, expiry and serials
  • Counts by scanner
  • Labels and price tags

Point of sale

  • Scan-first, weighed items
  • Shifts and Z reports
  • PINs and supervisor approval
  • Sells with the internet down
  • Receipts numbered per POS
  • Thermal receipts with QR

HR and payroll

  • Pay runs and payslips
  • Leave, overtime and bonuses
  • End of service on your formula
  • Advances in instalments
  • Pay history by date
  • Employee ledgers

Projects and contracts

  • Value, budget and profit
  • Time and billable costs
  • Progress billing by stages
  • Retention
  • IFRS 15 over time
  • Revenue schedules

Assets and finance

  • Fixed assets, counted by scan
  • Leases under IFRS 16
  • Loans and amortisation
  • Investments under IFRS 9
  • Expected credit losses
  • Budgets and cash forecast

Tax

  • VAT by country
  • The VAT return
  • Prices with or without VAT
  • VAT on delivery charges
  • QR tax invoices (ZATCA phase 1)
  • Multi-language documents

Reports

  • 40+ reports
  • Profit and loss, balance sheet
  • By branch, project or tag
  • Your own reports, saved
  • Emailed on a schedule
  • IFRS 18 statements

Control

  • Roles page by page
  • A history on every record
  • Closed months stay closed
  • Needs attention
  • Books health check
  • Weekly review email

Working fast

  • Bulk edit and import
  • Search everything
  • Create from any dropdown
  • Keyboard shortcuts
  • Any currency, dated rates
  • Computer, tablet and phone

Plans

Your first year is free, on every plan.

No card. The whole product, free for a year.

Feature FreeA business finding its feet BooksEvery part of the books For shopsBooks + POSBooks, and the POS
Double-entry accounting and 40+ reports✓✓✓
Invoices, bills and multi-language tax invoices✓✓✓
Stock at real cost, landed cost✓✓✓
Banking, reconciliation, cheques, VAT✓✓✓
Any currency, fixed assets, projects, budgets✓✓✓
Payroll, leave and end of service✓✓
Leases, loans and investments✓✓
Revenue recognition and construction contracts✓✓
Credit losses and slow-stock provision✓✓
Batches, serial numbers, production runs✓✓
Point of sale, shifts and thermal receipts✓
Start freeStart freeStart free

Premium, your own online store, is being built.

Honest books

Figures you can decide from.

One record, three viewsThe POS, the ledger and the reports cannot disagree.
History on every recordWho changed what, and when.
Closed months stay closedNothing posts into them.
The books check themselvesNeeds attention names what is off.
Roles page by pageView, create, edit and delete.
Backed up every nightSign in anywhere; your books are there.

Elvira POS for Windows is in the Microsoft Store.

Get it from Microsoft

Contact

Tell us what is missing.

Your message reaches the people who build Elvira. What gets asked for gets built.

One set of books. One truth.