Freight forwarding finance should not run on spreadsheets and disconnected portals. NewageNXT connects financial operations directly to the shipments that generate them, across every entity, country and currency you operate in.
See the finance module handle your setup: e-invoicing, multi-currency reconciliation and CA-ready reporting.
A member of our finance team will reach out shortly to confirm a time that works for you.
Every ledger entry stays tied to the shipment that generated it — across every entity, country and currency you operate in.
For forwarders running multiple entities across countries, finance still runs on spreadsheets: a chart of accounts maintained in Excel, ledgers picked by hand at the time of posting, and tax rules rebuilt from scratch for every new market. Errors stay hidden until they hit the general ledger.
Manual uploads and edits slow down onboarding a new entity or country.
Staff select accounts by hand for shipment costs, and a cost lands under the wrong charge code.
The same invoice gets typed a second time into a separate government e-invoicing portal.
Time-critical vendor payments need dual control, but the release cannot afford the delay.
Invoices, receipts and payments in different currencies get matched by hand.
Monthly MIS and CA reports are reassembled every month from raw ledger exports.
Most platforms stop at calculating the correct tax and leave the filing to your finance team, who rekey the same invoice into a government or third-party portal. NewageNXT generates and submits the compliant e-invoice itself, through whichever channel the market requires.
Newage is a registered access point provider, so the compliant invoice goes out over the PEPPOL network directly from the shipment record.
Live today across four LATAM markets, with Brazil and Peru targeted within roughly the next six months.
Filed straight to the government e-invoicing portal, with a full submission log of every attempt, retry and error.
Every submission is logged — attempt, retry and error — so finance can prove what was filed and when, without opening a second system.
NewageNXT eliminates fragmented accounting by connecting financial operations directly to the shipments and jobs that generate them. Every step feeds the next, and no spreadsheet bridges the gap.
One chart of accounts per company, shared across entities or unique per country. Service-and-charge-code combinations auto-select the right ledger at posting time, and direct manual posting to job-linked ledgers is blocked.
Tax types, rates and e-invoicing channels configured per market from a single country-specific tax mapping master, live across eight-plus countries. Every revenue document carries a transaction-level tax summary.
Operations raises a Payment Request; an approver reviews it on a trackable dashboard before it converts to a Creditor Journal. The system blocks the posting outright if the supplier document does not match what was provisioned.
Invoices, debit notes and credit notes generated from signed-off charges in a single action, with automatic currency conversion and tax summary, then filed as a compliant e-invoice in enabled markets.
Receipts and payments recorded in any currency, matched by ledger, sub-ledger and currency. When a receipt settles at a different rate, the exchange-difference journal voucher posts automatically.
Twelve reports generated directly from the system rather than rebuilt in Excel, from trial balance through to shipment profitability.
Not rebuilt in Excel. Generated on demand, from the same ledger the shipments write to.
Four scenarios that show up in nearly every freight-forwarding finance team’s month.
A forwarder enters a market with unfamiliar tax and statutory filing requirements.
Finance teams on tax-only platforms rekey every invoice into a separate government portal.
Cargo release depends on paying a vendor fast, but the business still wants dual control.
A receipt and its invoices were raised at different exchange rates, in different currencies.
Compliant e-invoices filed automatically, with zero rekeying.
Manual ledger selection is blocked, so costs and revenue always trace back.
FX-difference journal vouchers write themselves when a receipt settles at a different rate.
Time-critical vendor payments get the control they need without slowing the release.
Trial balance, P&L, balance sheet, ageing, GSTR and TDS, generated by the system.
Built inside a working forwarding operation over 20+ years, around shipment-linked charges and multi-entity structures.
Every ledger tied to the shipment. Every invoice filed, not just calculated. Every report ready when you need it.
NewageNXT sends the compliant e-invoice through the right channel: PEPPOL in the UAE, GoSocket in Argentina, Mexico, Chile and Colombia, and the government portal in India. Your finance team issues the invoice once, and the system handles filing and maintains a log of every submission attempt, including retries and errors.
Yes. NewageNXT provides the forwarding-specific finance layer, including charge capture from shipments, invoice generation, cost booking and e-invoicing. These transactions are structured for integration with existing systems, and the integration is scoped per customer.
The system auto-maps each transaction to the correct ledger based on the combination of service, shipment and charge code. Direct manual posting to job-linked ledgers is blocked. The mapping locks after the first transaction, and only a finance admin can override it.
The system posts the exchange-difference journal voucher automatically when a multi-currency receipt or payment settles at a different rate. Both the parent document and the FX adjustment export to Excel for audit trails, with no manual journal entry required.
The system blocks the posting. If the supplier document number does not match, or if the provision has already been consumed by another cost booking, the Creditor Journal will not convert. This prevents duplicate entries from reaching the books.
Argentina, Mexico, Chile and Colombia are live via GoSocket, with Brazil and Peru targeted within roughly the next six months.
Yes. The Get Charges fetch pulls provisioned charges from multiple shipments for the same supplier into a single Creditor Journal.
Trial balance, P&L, balance sheet, outstanding and ageing, statement of account, sales register, and GSTR reports are all generated directly from the system.
See how the NewageNXT finance module handles your forwarding finances — e-invoicing, multi-currency reconciliation and CA-ready reporting, built around your setup.