№1 VAT Accounting Software
with Inventory and Payroll
for UAE’s Small
Business

“The FirstBIT Accounting solution allows us to keep accounts in line with the UAE local law while at the same time preparing financial statements according to international standards.
Our accountants are now fully capable of analyzing client activities and key financial performance indicators without resorting to manual calculations. Reports are now coming faster thanks to flexible configuration capabilities based on our specific needs and demands.
We will gladly recommend First BIT to anyone as a reliable and competent partner.”

“Our company needed an accounting system to help us keep control of goods movement from purchase to handover to clients and receiving payment for shipping.
With FirstBIT software we got a convenient high-quality accounting system, and the additional improvements implemented by First BIT provided us with all the necessary tools while taking into account the specific nature of our business. As a result, not only did we speed up and increase the quality of control over incoming payments, but also increased our income. Customer loyalty also increased owing to the discounts and gifts functionality.
We thank the experts from First BIT for their professional and prompt work, attention to our needs and concerns.”

“One of the important advantages of FirstBIT is full compliance of its accounting system with the UAE law.
First BIT experts installed the software and performed all necessary setup, entered initial balances and required changes in the chart of accounts. The initial data was moved from Excel to an information database. The invoice to the client for paying the order is generated automatically based on the job card. Standard reports were modified taking into our account individual needs.
The FirstBIT product enabled automating the calculation of salaries and other payments as well as the accounting of internal loans to employees. A reliable accounting of expenditures by cost items allowed controlling the company expenditures and increased accuracy of planning.
Moreover, the new system helps the company to receive management reporting with any required level of detail.”

“Implementation of FirstBIT solution enabled an organized workflow, with all quotations created and orders/invoices sent in a transparent way. Account managers became able to keep everything on track and know the status of receivables, bank transactions and cash flows. Standard reports were customized to the our specific needs.
The fulfilled project allowed to increase the quality of accounting and accuracy of calculations, eliminated human mistakes and considerably increased the overall productivity of company personnel.”

“We got a system that lets us work comfortably. The biggest advantage for us is the clarity and organization of the data, now we can just see the whole chain of documents and see the picture. It helped the accuracy of accounting and the management itself.”

“Thanks to the First BIT’s solution we managed to significantly reduce our labour costs for personnel and fiscal record keeping and accounting. Generating IFRS statements has never been so easy and fast! In the past we had to manually collate all data in spreadsheets and then double-check it several times, now this is done by a software we fully trust."

"Since we have installed FirstBIT Accounting, we have significantly cut on our labour costs of staff responsible for regulatory reporting. The database is updated on a quarterly basis to include all the innovations in the legislation. We are happy with the software."

“FirstBIT solution is easy to install and use, it’s very reasonably priced, and apart from generating accurate current IFRS statements, it also has an option to generate IFRS statements based on our past period accounting records."

"We spent some time searching for a harmonious and totally auditable accounting system that would comply with all the regulatory requirements. The shortest way to solving this problem was to install FirstBIT software.“

“Thanks to the project, the shareholders feel that the system of internal control over the company's financial and economic activities has greatly improved. The labor costs for the preparation of IFRS statements have gone down. This allowed for better control over the company’s budget, avoiding cash deficiencies and unforeseen expenses.”

Now we prepare IFRS statements twice as fast as before thanks to FirstBIT software. The program’s interface is intuitive and user-friendly, so we were able to quickly master it.“