Top 5 VAT accounting software in UAE

Top 5 VAT accounting software in UAE

Posted by reachsg | October 30, 2017 | Blog
Top 5 VAT accounting software in UAE

Finding the right accounting software can be confusing as the market offers innumerable software with different price range and several exciting features that a business requires. The smart decision is not always buying the most well known software but purchasing the accounting software that is most suitable and will benefit your business. Accounting software helps a business to manage the entire organization and functions by keeping all the business departments’ records. With the VAT being implemented in UAE next year the actions to manage the VAT in a business is going to be a necessity thus it is important that one learns about the types of software that can be shortlisted to use for their business.
Here is a list of VAT accounting software that you can choose from, for your business.

1. SAP ERP

SAP is an accounting software that comes with all the processes that you need to run an entire business. It manages financial services, sales, customers, inventory and operations. It is designed specifically for small and medium business and can be installed easily. It is a high functioning software that is easy to implement and can be customised as well for your business’ convenience. SAP can integrate easily, this way you can work better fulfilling all your requirements for example: it brings all your employees in one common ground so they can all work together and there is no miscommunication between the departments also the common ground makes it easy for you to view the entire business without and difficulty. SAP is currently in high demand in the market staying on top across the globe providing a very good experience to its clients. A business is always in the process of growth and a software must be able to handle and meet the needs accordingly fortunately SAP does a great job in expanding along with the business.
Features:
• Cost management
• Manufacturing management from end to end
• Human resource management
• Finance
• Sales
• Customer relations
• Easy accessibility
• Inventory management
• Reporting
Price
AED 1472

2. SAGE

SAGE is an accounting software that helps in managing finances, payrolls, business, provides business intelligence and CRM as well. Even if SAGE is known for it’s simplicity it is a powerful software that can help you manage your business from all the sides with ease. It is an integrated software that can help you carry out any action without you having to struggle looking for solutions in other software.

Features:
• System manager
• Advanced security
• Multi-currency
• Multi-warehousing
• Integrated with Microsoft office
• Graphs
• Report writer
• Receivables and payable
• Project tracking
• General ledger
• Sales and purchase order entry
• Inventory control
Price
5 users AED 3,000
3 users AED 2,198
Single user AED 1,150

3. Tally ERP

Tally ERP 9 is the latest edition of Tally. It is an accounting software that can easily be considered as a complete business solution. Tally has been in the market since earliest times of accounting software history. It is well known in the market, is a reliable software and it offers comprehensive capabilities to manage all your critical business requirements like the finance department, inventory, manufacturing, sales and purchase, etc. Tally ERP is designed to simplify all your business tasks and provide more efficiency and flexibility so you can have a faster work flow in between all the departments.

Features:
• Accounting and finance
• Inventory management
• Sales management
• Purchase management
• Manufacturing and job work
• Banking
• Payroll management
• MIS reporting
Price
Single user AED 2,250
Multi user AED 6,372

4. Pandora ERP

It is one of the most used accounting software in UAE. Pandora teach provides business solutions for all small and medium business. Pandora is a kind of accounting software that boosts your sales productivity. It keeps your business organized and gets all the work done efficiently, it helps in managing, planning, production, scheduling and much more. You can chat in real-time using the instant messaging of Pandora and even share screens and talk online making your work easier by removing communication gaps.
Features:
• CRM
• Quote builder
• POS
• Project management
• Accounting
• Billing
• Manufacturing
• Purchase
• Mailing
• Survey
• Lead automation
• Employees
• Expenses
• API and much more
Price
For subscription and installing contact the vendor

5. Reachaccountant

Reach is one end of the best accounting software that has been used in several other countries and has recently launched a branch in Dubai. It is a powerful software that is a one stop solution for your business although it is a powerful software it is easy to use as it is user friendly and can be customised according to your business’ demands. Reach automates your business and manages all your departments error free. Reach accounting software is capable of improving your business performance and is a complete software that helps you with several other functions that few other software may fail to provide.
Features:
• Accounting
• Purchase management
• Sales management
• Branch management
• User management
• Mobile app
• Sales team management
• Project management
• Production planning
• Bank reconciliation
• Inventory management and much more
Pricing:
AED 1800 single user, per year
AED 3600 five users, per year
AED 5000 unlimited users, per year

For more information action about Reachaccountant click here

 

 

 

Blog Comments

With the implementation of Value-Added Tax (VAT) in the UAE, diverse business areas such as cash inflow and outflow, pricing, financial process management, supply chain, auditing, and taxation will get impacted. And moreover, it would be a time-taking process for the businesses to shift to this new business environment. And, it is only an advanced accounting software such as Reach Accounting Software that can enable the smooth transition of businesses from a low tax-environment to be a VAT compliant company.

Reach is a simple software for VAT Accounting and Invoicing. You can create VAT compliant invoices and log expenses. The software automatically calculates your Net VAT liability on a real time basis. Issuing VAT compliant invoices in English/Arabic to tracking VAT liability and getting ready for VAT returns filing, all of it can be achieved using this one software.

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