When selecting accounting software in Dubai, it is crucial to choose solutions approved by the Federal Tax Authority (FTA) to ensure compliance with the UAE’s tax regulations. The top accounting software in Dubai offers a range of features designed to streamline financial management, facilitate VAT filing, and enhance overall business efficiency. These software solutions cater to various business sizes and industries, providing robust financial reporting, inventory management, and integration capabilities with other business systems. Choosing FTA-approved accounting software not only ensures legal compliance but also provides businesses with reliable tools for managing their finances effectively.
Top 10 Accounting Software
- Zoho Books
- Tally Prime
- Odoo
- QuickBooks
- FreshBooks
- Sage Accounting Software
- ERPNext
- Pact
- Xero
- Elate Accounting
1) Zoho Books
Zoho Books is VAT-compliant accounting software that permits the user to send invoices, track inventory, manage expenses and generate accounting reports. This application helps you to create an account in a blink and stay on top of the required cash flow. Business managers can directly file their taxes using Zoho books.
- Landed costs
- Vendor credits
- Transaction approval
- Inventory adjustment
- Inventory tracking
- Customizable invoice template
- FTA Accredited
- VAT & Corporate Tax Filling
- Multiple Report Generating
- Real Time Tracking
2) Tally Prime
Many business owners have the aim of automating the accounting process that makes it easy of recording the business activities. Tally prime is the perfect solution that simplifies the complex business process of monitoring the sales , inventory and purchase orders. The new features of Tally give an enhanced view of the options on the top of the file. The user can restrict the data access to the employee according to their position.
Tally prime supports bilingual report generation where you can generate the invoice both in Arabic and English. Tally UAE allows the user to automatically reconcile your bank statements with books of accounts. The user can get a whole automated report on stock analysis, payment management, outstanding management, and sales order.
- Inventory management
- Single sign-on
- Access anywhere & anytime
- Switch user without changing the content
- GOTO feature
- Simplifies the usage of username and password
- Multi-tasking
- Generate Multi-language invoice
- Taxation
- Reporting and Analysis
- Payroll Management
- Financial Accounting
Tally Version and Services:
Tally Features:
3) QuickBooks
QuickBooks is a popular accounting software in the UAE, known for its user-friendly interface and comprehensive features tailored to meet the needs of businesses in the region. It facilitates easy management of financial tasks such as invoicing, expense tracking, payroll processing, and VAT compliance. QuickBooks also offers robust reporting tools that provide valuable insights into business performance, helping business owners make informed decisions. With cloud-based accessibility, QuickBooks allows users to manage their accounts anytime, anywhere, making it a convenient choice for businesses of all sizes in the UAE.
- Automate workflows
- Access anywhere and anytime remotely
- Reduces client time by adding PO number to the subject of the mail.
- Smart insights of the records
- Simplify the complexity of pricing
- Fast and hassle-free management
- Automatic payment reminders – send alerts to the customer when invoices are due for payment.
4)Odoo
Odoo is a versatile and comprehensive business management software widely used in the UAE, known for its modular approach that caters to various business needs. It offers a complete suite of applications, including accounting, inventory management, sales, CRM, and project management, all integrated into a single platform. Odoo’s accounting module is particularly favored for its robust features, such as automated billing, bank reconciliation, expense tracking, and VAT compliance, which are essential for businesses operating in the UAE. Its user-friendly interface and customizable modules make it an ideal solution for businesses looking to streamline their operations and enhance efficiency. Additionally, Odoo’s cloud-based accessibility ensures that business owners can manage their processes from anywhere, at any time.
- Easy setup
- Reduce data entry
- Save time
- Pay multiple invoices
- Clean customer invoice
- Advanced customer statements
- Automated bank collaboration & reconciliation
5) FreshBooks
FreshBooks is a popular cloud-based accounting software that is widely used in the UAE, known for its simplicity and user-friendly interface. It caters primarily to small businesses and freelancers, offering features such as invoicing, expense tracking, time tracking, and financial reporting. FreshBooks is designed to streamline accounting tasks and improve efficiency, allowing users to easily create professional invoices, manage expenses, and track payments. With its mobile app and cloud-based platform, FreshBooks enables business owners in the UAE to manage their finances on the go, ensuring flexibility and accessibility. It also supports multiple currencies and integrates with various third-party applications, making it a versatile choice for businesses looking to automate and simplify their accounting processes.
- Mobile invoicing
- Entry consistency
- Track and stock quantity and value
- Time tracking
- Checkout links
- In-app estimates and proposal
- Charts of accounts
- App integrations
6) Sage Accounting Software
Sage accounting software is widely utilized in the UAE, renowned for its comprehensive features tailored to meet the diverse needs of businesses across various sectors. It offers robust capabilities in financial management, including invoicing, expense tracking, bank reconciliation, and VAT compliance, which are crucial for adhering to local regulations. Sage’s flexible reporting tools provide valuable insights into business performance, aiding informed decision-making. Additionally, its scalability allows businesses to expand operations seamlessly while maintaining efficient financial management. With cloud-based accessibility, Sage accounting software enables users in the UAE to manage their finances securely from anywhere, ensuring convenience and reliability.
- Track expenses automatically
- Settle bills online
- Fixed assets management
- Invoice through email
- Custom management center
- Standard accounting
7) ERPNext
ERPNext is gaining popularity in the UAE as a powerful open-source ERP (Enterprise Resource Planning) solution that offers comprehensive functionalities across various business operations. It encompasses modules for accounting, inventory management, sales, purchasing, HR, CRM, and more, making it suitable for businesses of different sizes and industries in the region.
ERPNext’s robust accounting module supports features like invoicing, expense tracking, bank reconciliation, and VAT compliance, essential for businesses operating under UAE regulations. Its integrated approach allows for seamless data flow between departments, improving overall operational efficiency and decision-making.
Moreover, ERPNext’s customization capabilities and modular design enable businesses in the UAE to adapt the software to their specific needs, ensuring scalability as they grow. With cloud-based deployment options, ERPNext offers flexibility and accessibility, allowing users to manage their operations securely from anywhere, which is advantageous for businesses in the dynamic UAE market.
Select ERP with Industries
- ERP for Manufacturing Industry
- Wholesale Distribution ERP
- ERP for the services industry
- ERPNext Healthcare
- ERPNext Agriculture
- ERPNext Retail
8) Pact
PACT has grown to be a recruiter of choice, to companies across various industries in UAE and India. The company’s major strength is in servicing the banking sector with regard to human resource requirements. Pact offers professional services for both employers and job seekers. Over the years, Pact has built a strong reputation for placing high quality candidates in permanent, temporary and contract positions.
At PACT, we have a team of dedicated consultants offering services across the UAE. A pragmatic approach and a proven success record for contributing immensely towards the augmentation of human capital makes PACT stand apart. Key benefits of working with PACT include:
- Clear understanding of client’s business and their industry
- Consultants with extensive experience in executive search
- Rigorous screening and proven selection process
- Extremely high “hit rate”
- Strict code of confidentiality and professionalism
- Lower recruitment costs
- Fast, qualified short listing of candidates
9)Xero
Xero is a widely used cloud-based accounting software that has gained popularity in the UAE for its comprehensive features and user-friendly interface. It is particularly favored by small to medium-sized businesses and accounting professionals for its robust capabilities in financial management, invoicing, expense tracking, bank reconciliation, and payroll processing.
One of the key advantages of Xero is its compliance with UAE VAT regulations, making it suitable for businesses needing to manage VAT obligations efficiently. Xero also supports multi-currency transactions, which is beneficial for companies engaged in international trade or dealing with foreign currencies.
With its real-time reporting and integration capabilities with other business applications, Xero enables businesses in the UAE to streamline their accounting processes and gain valuable insights into their financial performance. Its cloud-based platform allows for easy access to financial data from anywhere, promoting flexibility and productivity.
- Invoicing
- Expense Tracking
- Bank Reconciliation
- VAT Management
- Financial Reporting
- Payroll Processing
- Multi-Currency Support
10) Elate Accounting
Elate Accounting is gaining traction in the UAE as a robust cloud-based accounting software designed specifically for small to medium-sized businesses. It offers a comprehensive suite of features that streamline financial management, including invoicing, expense tracking, bank reconciliation, and financial reporting. Elate Accounting is recognized for its user-friendly interface and intuitive design, making it accessible even for users without extensive accounting knowledge.
One of Elate’s standout features is its compliance with UAE VAT regulations, ensuring businesses can manage their VAT obligations efficiently. It also supports multi-currency transactions, catering to businesses involved in international trade. Moreover, Elate Accounting provides real-time insights into financial data, empowering business owners to make informed decisions promptly.
With its cloud-based platform, Elate Accounting allows users in the UAE to access and manage their financial data securely from any location, enhancing flexibility and productivity. Its affordability and scalability make it a suitable choice for growing businesses looking to streamline their accounting processes while adhering to local regulations.
- Customizable chart of accounts, Invoice status tracking.
- Import bank statements, Automatic bill reminders.
- Use its analytics capabilities to create reports that appear professional.
- Multi-currency, multi-company, and multi-entity processes add to the workload.
- Easily make use of several cloud services in one hub by integrating them.
- Streamline all corporate processes with one enterprise cloud platform.
- Compliance with tax laws and regulations.
- Track data and obtain accurate forecasts at any time and from any location.
- Importing & exporting data files.
FOR MORE INFORMATION, CONTACT US :
Phone : +971 52 1952 532 / +971 4 240 1110
Mail-Id : info@yugaaccounting.com
Website : www.yugaaccounting.com