Simplify Your Business with Wafeq E-Invoicing and Accounting Software in UAE and KSA

Managing your business finances can be a daunting task, especially when juggling multiple responsibilities. For small business owners and accountants in the UAE and KSA, Wafeq provides a comprehensive e-invoicing and accounting software solution tailored to meet the needs of modern businesses. Trusted by over 7,000 companies across diverse industries, Wafeq empowers you to streamline operations and focus on growth.

Why Wafeq E-Invoicing and Accounting Software Stands Out

All-in-One Solution for Every Business Stage

Whether you’re a startup or an established business, Wafeq offers essential tools to support your journey. From invoicing to inventory tracking, this software has everything you need to manage your business efficiently.

Core Features to Streamline Your Operations

Purchases & Claims

Manage bills, purchase orders, and expenses from a single platform. Save time and reduce errors with centralized data.

Payroll & Employees

Simplify payroll processes and empower employees to submit expense claims directly.

VAT Return Made Easy

Wafeq’s automated VAT return feature generates reports in compliance with FTA guidelines, making tax filing seamless without the need for an accountant.

Inventory Tracking

Track stock levels and let Wafeq automatically calculate the cost of goods sold (COGS) for better inventory management.

Customers & Suppliers

Gain clear insights into your receivables and payables. Always stay on top of who owes you money and who you owe.

Reports & Insights

Generate over 30 financial reports, including consolidated and cash flow reports. Access real-time insights for better decision-making.

E-Invoicing Compliance in the UAE and KSA

E-invoicing is an essential part of tax compliance in the UAE and KSA. In the UAE, the Federal Tax Authority (FTA) plans to implement mandatory e-invoicing requirements by 2026, aiming to enhance transparency and tax compliance. Wafeq is already approved by the FTA and has the e-invoicing feature ready, allowing businesses to issue e-invoices that meet compliance standards seamlessly.

In Saudi Arabia, e-invoicing has been mandatory since 2021 under ZATCA regulations, requiring businesses to issue electronic invoices with strict compliance features. Wafeq is ZATCA-approved and has the e-invoicing function already set up, ensuring businesses in KSA can generate fully compliant e-invoices while simplifying their financial processes. This dual approval makes Wafeq a trusted partner for businesses operating in both regions.

Key Invoicing Features

• Customization: Adjust column labels, text colors, and layouts to match your brand identity.
• Templates: Save and reuse your preferred invoice templates.
• Company Stamp: Upload your official stamp for added authenticity.
• Multi-Channel Delivery: Send invoices via email or WhatsApp, and customize messages for recipients.

Simplified Invoice Management

With Wafeq, you can download and preview invoice PDFs before sending them. Manage customer communication directly from the platform to ensure a professional experience.

Collaboration and Team Access

Wafeq allows you to invite your team and manage their permissions with over 60 customizable options. For example:

• Grant salespeople access to quotes only.
• Restrict HR access to payroll data.

Built-in chat features and expense claim submissions further enhance teamwork and communication.

Multi-Organization and Branch Management

Running multiple businesses or branches? Wafeq supports both under a single account. Easily switch between organizations or branches and manage them with minimal effort.

Time-Saving Features

Efficiency is at the core of Wafeq’s design. Features like bulk data entry, sheet view editing, and quick shortcuts allow you to save time and focus on more critical tasks.

Cost-Effective E-Invoicing and Accounting Software by Wafeq

Starting at just $15 USD per month, Wafeq offers unlimited users on all plans, making it an affordable option for businesses of all sizes. Local support ensures you’ll always have help when you need it, via chat, email, or phone.

Why Choose Audiix as Your Wafeq Partner?

Audiix is a proud FTA-authorized tax agency and an official Wafeq partner in the UAE. Our team of certified accountants and bookkeepers offers tailored Wafeq services, including:

• Subscription and localized UAE setup.
• Implementation, integration, and training.
• Ongoing accounting and tax support for Wafeq users.
• Tax Agent appointment services for hassle-free compliance.

Conclusion

Wafeq e-invoicing and accounting software UAE KSA simplifies financial management for businesses in the UAE and KSA. By combining powerful features with user-friendly design, it’s an ideal solution for small businesses and professional firms looking to stay compliant and efficient. Partner with Audiix to unlock the full potential of Wafeq and ensure your business thrives.

Explore Wafeq with Audiix today and take the first step toward smarter financial management.

Wafeq e-invoicing and accounting software UAE KSA