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VAT Accounting Software Dubai, UAE & Middle East


Accounting Software Companies in Dubai, UAE

Due to introduction of value-added tax (VAT) in UAE, companies are now looking and evaluating provider for VAT enabled accounting software. Foreseeing this, Brainsphere IT Solutions have developed robust VAT accounting software that will help organization to manage VAT (value added tax) better than any accounting software available in the market. Equipped with all the provision our accounting software helps organization to track all the direct and indirect taxes and generate the VAT return file. Brainsphere IT Solutions not only make sure that all value-added taxes (VAT) related transactions &functionalities used optimally but also train your staff to examine and analyze your transaction to meet your business obligations. Inbuilt multiple currencies and multi companies’ functionalities helps automatic tax calculations by making any necessary modifications. Brainsphere’s VAT Accounting Software Dubai, UAE is an integrated business accounting software for Micro, Small and Medium businesses.  With over 500+ installations worldwide, Our Accounting Software is one of the leading accounting softwares in UAE.

Modules for Accounting software

Finance Module

With the real-time data, our solution will help your finance team to forecast and take preemptive actions to accomplish the financial obligations in order to meet the targets on time. And, be relaxed and confident about the reports which are fully compliant to the rules and regulations of the region derived as per the International Financial Reporting Standards.

  • Alerts and reminders as per Accounts Payable and Accounts Receivable schedules
  • AP and AR age analysis for accurate financial planning
  • Profit & Loss, Balance Sheet, Trial balance, General Ledgers
  • Scheduled Quarterly / Annually financial reports and accounts statements
  • Consolidated statement of accounts with Group Trial Balance
  • Cost center wise Gross Profit analysis, daily bank position, Monthly comparisons
  • Enterprise Asset and Depreciation Management
  • Budget definition and control
  • Intercompany transaction
  • Dynamic Business Intelligence Reports to ascertain the financial health of the organization
  • Various grouping structures and Templates for financial statements
  • VAT return XML file generation

Order Processing Module

Order processing module consists of sales and purchase, this module is backbone without which no company can survive. This helps company for efficient sales forecasting and manage procurement. Brainsphere’s accounting software have a robust mechanism to manage sales and purchase cycle, generate and send across all quotation and invoices in no time.

  • CRM Module for enquiry registration and sales lead management.
  • Enable to collect customer RFQ
  • Generate and efficient follow up of sales quotation
  • Creating sales orders once quotation is approved which can be than followed by sales invoice. (Fetching data from previous documents by document linking helps to save time and data error)
  • Delivery order with complete details of packing list and transportation details.
  • Provision for progressive sales invoice and billing.
  • Sales return and settlements with or without credit notes.
  • Configuration of multiple price and discount structure customer and item wise.
  • Potential supplier to supplier evaluation (S2S Analysis – Vendor Analysis)
  • Provision for tracking pending purchases orders and invoices.
  • Alerts and Reminders for tracking delivery schedules.
  • Preparation of Advance shipping (ASN) and Generate goods receipt note (GRN).
  • Quality check control and Purchase return process.
  • Clearance of the invoice and payment to supplier.
  • Compare purchase history from multiple vendors to take appropriate procurement decision.
  • Facilitating automated generation of purchase requisition based on minimum available quantity and regular demand.
  • Provision for periodic follow and attachments for each document.
  • Generate VAT amount on each sales and purchase invoices as per FTA Guideline.
  • Financial integration and postings as and when sales/purchase or return occurs.

Inventory Management Module

Having accurate inventory tracking and proper warehouse management procedures is must to avoid any last-minute surprises. Brainsphere IT solution provides a powerful and flexible set of features to identify and report your inventory status at any point of time. It also aids to identify inventory requirements, to configure and utilize replenishment processes, to monitor inventory utilization, to reconcile the inventory balances, to handle inventory transfers amid warehouses.

  • Handle Inventory of Vendors, Customers, Consignee or Internal departments
  • Set item attributes like Barcode, Serial number, Manufacturer, Brand, Size, Colour etc for ease of tracking
  • Whether included or exempted, provision to capture VAT percentage in each inventory as per FTA guidlines.
  • Effective expiry management and alerts with Batch control system
  • Define multiple units combined with accurate conversion to the base unit
  • Track Location / Zone and Bin / Palette wise inventory
  • Inter-Warehouse, Inter-Location or Inter-Bin stock transfers
  • Put away and Picking procedures
  • Effective authorization levels to monitor stock movement
  • Industrial compliant barcode solution – barcode generation and label printing
  • Integrated real time stock updating and accurate physical stock reporting
  • Stock replenishment based on forecasting and order level
  • Stock reservation based on requests
  • Periodic Inward and Outward Q/C Approval Procedures
  • On the fly Kit assembly procedures
  • Check-in time packing and repacking facility
  • Temperature controlled binning