Odoo is fully integrated into the Egypt Tax Authority portal, where invoices can be sent to the ETA portal with a click of a button! The E-invoicing feature is fully functioning in Egypt for customer invoices for companies and individuals. All Value-added taxes, Withholding, Stamp, and Schedule taxes are captured in transactions, recorded on the correct accounts, and reflected in their corresponding tax reports. The package also includes all the necessary taxes you need to comply with the government's regulations.
It can be used directly, or it can be modified according to your company's needs. The Egyptian localization package includes a standard chart of accounts, Egypt-ETA related accounts are already preset and in all databases for Egypt companies. Withholding taxes are also present with their corresponding report. It can be used directly, or it can be modified according to your company's needs.Īll value-added taxes are in the localization, mapped with the appropriate accounts on the Chart of Accounts, and linked to the tax report compliant with ZATCA format. The Saudi Arabian localization package includes a standard chart of accounts configured according to the country's regulations and the appropriate areas of the business. Intuit QuickBooks calls itself smart, simple accounting software for small businesses, and is one the more prominent players within the market. Saudi Arabia Accounting Software Localization
With over 70 localization packages, Odoo Accounting is pre-configured specifically for your country's requirements: charts of accounts, taxes, country-specific reports, electronic invoicing, audit files, and tax setups. SMEs often choose standardized or lightly customized accounting software that has high scalability to grow with the business requirements.Īs of now, Standardized accounting software has evolved and started to offer a variety of features that can cater fully to SMEs, some of these features include fixed asset management, revenue management, sub-ledger accounting, in-depth reporting, analytics, expense management, accounts receivables, accounts payables, invoicing and billing, transactional operations, AP AR aging reports, generic financial statement, and managing reserves and provisions. The features of accounting software might differ based on the size and requirements of a company’s accounting system large enterprises usually opt for customizable ERP solutions that can help plan their resources and integrate across several different Apps. They also streamline accountants' workflows and help in managing the day-to-day activity records & financial reports. Accounting software is a smart solution used by accountants and business owners to record bookkeeping while managing business accounting transactions in a firm.
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