The best accounting software in the UAE
Today, no growing business can survive without accounting software. Every business, big or small, needs multifunctional accounting software. Many first-time small business owners in the UAE often struggle with financial management and other related tasks and are not at all satisfied with the results.
Imagine how much time and effort you have to put into managing your accounts; a small monthly fee can save you all that, and you can use that time to grow your business. So what’s the solution? A financial management solution – the choice may seem simple, but it is a crucial decision for the success of your business.
Comparison of accounting software.
A simple solution to solve many business problems, but it raises the million-dollar question – what is the Best Accounting Software In Dubai? The UAE market is flooded with a wide variety of accounting software with different types of features, so how do you choose the right software for your needs?
Let’s discuss the pros and cons of the most popular accounting software in the UAE.
QuickBooks is one of the most popular accounting software in UAE, especially for small business management. It offers cloud-based accounting, which means you can use it anytime, anywhere.
We all know how busy business owners can get, making it impossible for most small business owners to access their accounts at any time. As an international business, Quickbooks also offers its customers a VAT function that saves you legal hassle, as it is in compliance with UAE law.
The features are useful for budding entrepreneurs with small businesses. The software is easy to use, efficient, affordable and provides good results, accounting reports and invoices. It allows you to track all your expenses so you don’t overspend, and it allows you to create documents with price quotes.
The downside to QuickBooks is that, like all software, it is not perfect:
- there are problems with file size
- allows a limited number of users
- can cause system crashes
- does not offer company-specific features
- does not allow barcode scanning.
Xero is based in New Zealand and is known in the United Arab Emirates as an international software company. Aimed primarily at owners of small and medium-sized businesses, it is a very interesting accounting program. Xero offers its customers a number of interesting features to help them with their business operations.
The best thing about Xero is how friendly, simplified and easy to use it is! It is easy to integrate with payment applications such as GoCardless, Stripe and PayPal. It is easy to manage because it integrates with timesheet tracking and generates invoices from two platforms, so numbering invoices is no hassle.
Other useful features include:
It has a useful and active community forum where anyone can discuss their problems.
Enables easy contact management, bringing together all customers and vendors.
Delivers detailed and well-described analysis and reports.
It has a user-friendly visual interface
Allows multiple users to work on the same platform
All these features really make it the best invoicing software for small and medium businesses in UAE. Xero allows you to assign access rights to administrators and shareholders, making accounting management much easier. Compared to QuickBooks, Xero is an affordable option. Setting up, modifying and managing recurring invoices becomes easier.
The drawbacks are limited custom reporting, slow response times and payroll.
Sage is a very popular accounting program among owners of small and medium-sized businesses. It offers its services in several plans. The cheapest Sage packages have limited options such as sending invoices, and tracking expenses and income. The more you pay for a plan, the better features it offers, such as project management services.
One of Sage’s unique features is its free 30-day trial period without adding credit card details.