Theeb Accounting

Finance & Accounting

The Challenge

In today's evolving business environment, financial management must be accurate, efficient, and fully adaptable to organizational needs. Theeb Accounting provides a secure, scalable, and cost-effective solution designed to streamline financial operations, simplify reporting, and enhance decision-making.

Unlike subscription-based accounting systems, Theeb Accounting offers two flexible payment options: One-Time Payment (Lifetime Access) – Pay once and own it forever, with full database access and free daily backups; or a Subscription-Based Model for businesses that prefer flexible budgeting.

Theeb Accounting ensures businesses retain control over their financial data, benefit from full customization, and access secure hosting options. It is designed to meet the unique needs of organizations through customizable modules and advanced features.

1. Two Flexible Payment Models: Lifetime Access or Subscription Model.
2. Secure, Web-Based Application: Accessible from any device, with secure VPS hosting or self-hosting options.
3. Comprehensive Financial Management: Including Sales, Purchases, Chart of Accounts, and VAT Compliance.
4. Customizable & Multi-Language Support: Multi-language interface, dark/light mode, and custom reporting.
5. Integration with Theeb CRM & HR: Seamless integration for enhanced business operations.

The Solution

The Advantages

• Lifetime Access Option – Pay once, own it forever.
• Subscription Model – Flexible budgeting with affordable plans.
• Full Database Access – Complete control over your financial data.
• Secure VPS Hosting or Self-Hosting Option.
• Multi-Currency & VAT Compliance – Fully compliant with UAE tax regulations.
• Customizable UI & Multi-Language Support.
• Free Daily Backups for Data Security.
• AI-Powered Invoice Scanning – Custom Add-On for advanced automation.

The Core Modules

1. Sales Management
- • Items & Inventory – Track goods/services, VAT exemption, and FIFO valuation.
- • Customer Management – Maintain customer profiles, TRN verification, and transaction history.
- • Invoices – Create tax-compliant invoices, auto-calculate breakdowns, and attach supporting documents.
- • Payments & Credit Notes – Process customer payments via cheque, cash, or bank transfer with auto-reconciliation.
2. Purchase Management
- • Vendor Management – Organize supplier records, contracts, and contact details.
- • Purchase Orders – Generate detailed orders, manage approvals, and track order fulfillment.
- • Vendor Payments & Refunds – Keep accurate records of payments made to vendors and process refunds efficiently.
3. Chart of Accounts & Journal Vouchers
- • Automated & Manual Journal Entries – Ensure accurate financial recording of transactions.
- • Categorized Accounts – Maintain structured assets, liabilities, expenses, and revenues.
- • Audit Trail & Transaction History – Easily track and audit all financial movements.
4. Financial Reports
- • Profit & Loss Statement – Monitor revenue, expenses, and net profit over time.
- • Balance Sheet – View assets, liabilities, and shareholder equity.
- • Cash Flow Statement – Track inflows and outflows of cash for better liquidity planning.
- • VAT & Tax Compliance Reports – Ensure accurate tax filing based on UAE TRN regulations.
- • General Ledger Report – A comprehensive breakdown of all financial transactions.
- • Trial Balance – Verify debit and credit balances before generating final accounts.
- • Accounts Receivable & Payable Reports – Track customer payments and outstanding vendor dues.