TrueBays provides the best accounting software in Dubai, UAE. Our VAT-enabled accounting system in Dubai is designed to streamline your financial processes and ensure the utmost accuracy in managing your business finances. Whether you're a small startup or a large enterprise, our comprehensive accounting software is tailored to meet the unique requirements of businesses in Dubai and across the UAE. StackFX is our modern age, cloud-based accounting software in UAE that will help you access crucial financial data virtually from any place on the globe and any device that is well connected to the internet. Having all-time access to crucial financial information will allow you to analyze, share, extract, organize, and categorize the data at any time at your convenience. Every business needs it in order to get a competitive edge over the other market players and to serve the customers better.
Additionally, looking at the spread and speed of digitization in the world, using a cloud-based accounting platform or tool is way safer. It makes more sense rather than working with restricted features offered by the traditional desktop accounting software. Plus, when you use a traditional accounting tool, your financial data, which is stored on the local hard drive, is subject to various mishappenings and misadventures like theft, displacement, misuse, deletion, or simply get destroyed due to man-made or natural disasters. On the other hand, when you rely on cloud-based software or when your accessibility is virtual/online, your CPA firm can track your transactions regularly to help the data stay organized and accurate, which is safe from human errors. Our cloud-based accounting and tax software, StackFX helps you to manage finances, automates business operations, and work efficiently with the finance team.
One of the attractive features of our accounting software is the efficient operations it offers in terms of basic accounting activities such as accounts receivable, accounts payable, general ledger.
Business owners can have a look at their accounts and their activities at
any point in time through the software.
There are different filters such as date, range, etc., which can be used to have a detailed view of the
account.
Bank reconciliation is a primary process of any financial or banking transaction where the bank statement of the account holder is compared to the records maintained by the account holder. In other words, it ensures if the financial data of the business is accurate.
This feature of StackFX enables you to track all the business transactions and visualize key performance metrics (KPM). Records like profit and loss statement balance sheet and expenses reports come under this.
Advanced accounting tools not only allow you to create and distribute invoices but also facilitate an easy sales process. Recurrent transactions, such as contract and subscriptions, come under this.
Activities and transactions like calculations, processing, and payment distribution of salary to the employees (or contractors) can be done easily through our cloud-based accounting software.
Budgeting and forecasting features offered by StackFX accounting software UAE help businesses to plan their budget according to the forecast made by the software. The software uses smart technologies to analyze the available data and identify patterns or trends and the estimated revenue cash flow or expense.
This feature helps in managing various expenses such as subnetting processing and
monitoring every work-related spending.
With our accounting system, businesses get an opportunity to customize their pending report and get a
holistic view of how much money is being spent on which areas.
This is one of the unique features offered by the StackFX, where you can automatically convert different currencies to help businesses accept payment from global clients. Supports issuing quotes, sending invoices, and accepting payments in foreign currencies. This gives your business an international approach.
Assets are important for the business, no matter which sector it operates into. Fixed asset management enables businesses with an ability to track capital assets and properties, suggests machinery vehicles, the infrastructure of the company, etc. StackFX can also help in calculating the depreciation of tangible assets over a period of time.
Missing an invoice for failing to make a payment does not create a good impression. This software has an account payable aging feature that reminds you of how much amount you owe to a particular vendor in detail. The software also displays your total balance and the payment to be made in the upcoming months.
The success of any company depends on the efficient use of resources. In
today’s world, technology is one of the prominent assets or resources that every company has to manage
efficiently in order to extract the most and the best out of it. Hence the process of choosing and deploying the
right accounting software in UAE has to be conducted accurately. Selecting a pure software technology or a cheap
technology with poor facilities will land your business in trouble.
The right accounting system, on the other hand, will reduce your workload cost (operational &
manpower). A perfect system will also perform faster and accurately than any human can. This speed and accuracy
are crucial when you are dealing with financial data. If you are a medium scale or large scale business, you
cannot work and handle paperwork manually. If the business is growing, you need to increase technological
involvement too. Automatic accounting software will work faster, save time, and cost also.
As one of the leading software companies in UAE, we focus on creating customized solutions specific to each of our customer's business processes and roles. No matter what your requirements are, we have the team, resources, creativity, and energy to deliver software solutions that drive your business growth.
Request a demo with one of our product experts and understand on how you can leverage our Accounting Software to generate the results and outcomes you want for your business.
We get a lot of questions about StackFX Accounting Software. You can find some of the most common questions and answers below. If you have another question, please get in touch with us through email or phone.
Does using this software need any specific training?
This software is made to simplify the process and not to complicate it. Hence the user does not have to have any special skills or training to use the software. Every feature of the software can be used by every authorized person to track the income and expenses, create customer invoices, or print records, etc. In case of any doubts, the software comes with a number of guiding materials in the text and video format, which can be availed free of cost.
Is there any limit on the number of customers that I can add to the accounting software?
There is no such limit. You can add as many customers as you want into the software.
I have a specific number of customers having the same requirement every month. Can I automate their invoice?
The accounting premium feature will allow you to send recurring invoices automatically to these customers as per your decided schedule or date without any additional charges.
Is there any limit on the bank transactions or reports that I can import?
There is no such limit or restrictions on the number of bank transactions you can import.
If you are a business owner, you certainly need a software system to keep track of your finances – something that comes under your budget. When there are hundreds of accounting software on the market, it is difficult to choose the right one. If you are looking for the best accounting software in Dubai, this article will help you with that. Before you start searching for the best accounting software for your business, you should list out all the features you require. Not every software has the same features. If you are not sure about what features you need, you should consult with someone who can help you map your requirements. It could be an accountant or a software consultant who can understand how your business works and can recommend the right system that meets all your requirements.
Once you have listed your requirements, you should check the features of each software to see if it matches your requirements. The following are some of the core features that every accounting software should have.
Along with comparing the modules in the accounting software, you also have to consider other factors like the ones listed below.
You are planning to get the software to make things easy in the accounting area. Choose software that will help you with that. If the user interface is too hard to understand and navigate, it will only waste more of your time.
If you have not used any accounting software before, you might want to consider this. Will you be moving all the old data to your accounting software? Do you have the data stored in any digital format? Will your new accounting software support data migration.
If you have more than one accountant, you should check if the system will allow multiple logins. Some software is sold on a user basis so you might want to get the number of users according to your company size.
Check if the software can help you in calculating the payroll. This could be a great advantage in terms of time. The payroll software will calculate the payroll based on the hours worked by the staff.
A Fast Growing Dubai Based Business Software Solutions Provider specialized in providing Business Software Applications for Small to Enterprise level companies.
