Simple and easy-to-use accounting software. Compliant with UAE VAT system.
- Ready-to-use chart of accounts and quick-start settings
- Accounting reports with drill-down to individual transactions
- Flexible configuration of transactions
- IFRS report forms
- Built-in VAT reports
- Multi-currency
How Much Does It Cost
FirstBIT Accounting Features:
Income and Expenses
- Accounting by: Departments, Business Activities, Income items, Expense items, Projects
- Viewing income and expenses when entering primary documents
- Automatic calculation of exchange rate differences
- Automatic cost allocation for calculating the financial result by business activities and departments
- Flexible configuration of cost allocation
- Analysis of income and expenses
- Financial result analysis
Cash Assets
- Accounting by: Petty Cashes/Bank accounts, Cash flow items
- Cash transactions
- Bank transactions
- Cash Flow Analysis and Balances
- Payment calendar
- bank statement reconciliation
- Expense reports by employees
- Analysis of settlements with advance holders
Accounts payable, Accounts Receivable
- Accounting by: Companies, Contracts, Payment/shipment documents
- Manual adjustment of settlements
- Automatic or manual matching of advance payments and shipment documents
- Settlements Reconciliation
- Mutual settlements analysis
- Aging analysis of settlements
Inventory
- Accounting by: Warehouses, Items, Characteristics, Batches
- Inventory transfer
- Assigning additional expenses to inventory costs
- Stocktaking
- Inventory write-off
- Inventory Receiving
- Accepting inventory for safe custody
- Transferring inventory for safe custody
- Transferring inventory for processing
- Receiving inventory after processing
- Analysis safe custody inventory
- Stock statement and balances analysis
- Analysis of inventory accepted for consignment sale
- Analysis of inventory transferred for consignment sale
Purchasing
- Receiving goods and services from suppliers
- Goods and services returns to suppliers
- Setting suppliers prices
- Consignment sales
- Purchasing analysis
- Accounts payable analysis
Sales
- Selling goods and services to customers
- Goods and services returns from customers
- Sales analysis
- Gross profit analysis
- Accounts Receivable analysis
- Setting sales prices
- Consignment sales
VAT
- VAT accounting in purchasing and sales documents
- Output VAT analysis
- Input VAT analysis
From Registration to the Beginning of Work 1 day!
Easy and intuitive interface
Friendly support
30-day money back guarantee*
*
If within 30 days of purchase, you are not 100% conversed that FirstBIT Accounting is the best accounting program for your business, we will refund your money. For cloud-version only. For first-time customers only.
150,000+ customers manage their business with First BIT solutions
For over 20 years, First BIT has been helping customers transform their business processes through comprehensive business management solutions and a full range of IT-related services.
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