VAT Accounting Software in UAE - PowerPoint PPT Presentation

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VAT Accounting Software in UAE

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Title: VAT Accounting Software in UAE


1
VAT Accounting Software in UAE
  • The government of UAE has recently announced
    publically the implementation of VAT from 1st
    January 2018.This real step has been taken due to
    the fall in oil prices as UAE government
    generated its major revenues from oil business.
  • What is Accounting Software?
  • Accounting software may be on-line based, that
    one can access anywhere at any time with any
    device which is Internet enabled, or may be
    desktop based. It varies greatly in its
    complexity and cost. This is a type of software
    that records and processes accounting
    transactions such as journal entries, profit and
    loss accounts payable, accounts receivable,
    payroll, and trial balance. It functions as an
    accounting information system.
  • Features of an accounting software
  • Below are mentioned key features of accounting
    software to satisfy the business needs.
  • Accounts receivable.
  • Accounts payable.
  • Budgeting and forecasting
  • Cash management.
  • Fixed assets.
  • General ledger.
  • Job costing.
  • Pay roll
  • Purchase Management
  • Security
  • Systems
  • Dashboard Management
  • With the Key-Matrix VAT accounting software in
    UAE , its trouble-free to handle Billing
    records, Inventory details, Tax records, Sales
    and Purchase order records, customer-vendor
    records and similar financial records all at one
    place. Our software accurately calculates the
    general ledgers including Balance sheets, Trial
    balance, Financial Bills and Profit and Loss
    details in small steps.
  • Key-Matrixs accounting software assists in
    preparing sales and purchase orders and however
    is so easy that you can smoothly create clear and
    precise accounting reports that will help review
    annual financial transactions. Key-Matrix is an
    end to end accounting application that is
    extremely reliable and easy to use. Anybody can
    learn easily as well as free from time consuming
    paper-pen financial tasks.
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