As a co-founder of ProfitBooks, I’ve spent the last decade interacting with countless UAE business owners navigating the complex world of accounting software. And there’s one question I hear time and again: “Harshal, which is better for my UAE business – Tally or Zoho Books?” Let me tell you right away – this isn’t a…
Ever wondered what tool is critical for your business success but often gets overlooked? As someone who’s spent over a decade in the SaaS industry, I can tell you it’s your accounting software. After co-founding ProfitBooks and working with countless UAE businesses, I’ve seen firsthand how the right financial management system can make or break…
Do you know the often overlooked yet highly influential tool crucial for a thriving business? In this Sage vs ProfitBooks guide, you will. With stringent financial regulations across Africa requiring thorough record-keeping and annual audits, plus tax regulations varying from country to country (with profit taxes ranging from 0% to 9% depending on earnings), choosing…
In the dynamic business landscape of the United Arab Emirates (UAE), efficient invoicing is paramount for success. This is why we’re discussing the best invoicing software in the UAE today. As businesses strive for streamlined financial operations, selecting the right invoicing software becomes a crucial decision. In this article, we explore the best invoicing solutions tailored…
Ever since I co-founded ProfitBooks over a decade ago, I’ve been closely monitoring the accounting software landscape in the UAE. Why? Because understanding what works (and what doesn’t) for UAE businesses has been crucial to developing our own software. In my 12+ years in the SaaS industry, I’ve seen countless UAE business owners struggle with…
Accounting software in the UAE is growing faster than the inflation rate after the pandemic. With robust software like ProfitBooks and Zoho Books taking over the market, UAE businesses are looking for even faster and easier ways to manage their finances. In this article, we’ll cover what accounting software is, and why they’re needed from…
E-ledgers are like online registers maintained for each registered person. It will reflect the details regarding the GST liability, ITC available, tax liability paid, late fees, and interest. It is a handy tool provided in the GST system wherein the registered taxpayer can have information about his liabilities and credits at a single location which…
If you own a small business, you know how time-consuming and expensive inventory management can be. Managing inventory manually is very labor-intensive. There is a large amount of data that we need to keep track of. Also, aren’t you done with the “Excel sheet life” by now? Those sheets have been a nightmare for several…
Accounts payable is a bill to be paid or the money owed to a creditor. But first, let me ask you a question. Who wouldn’t love the idea of cutting costs but also spending wisely? Everyone right? Managing accounts payable and receivables can help you with this idea. A real-world example of account payable is…
The input tax credit is one of the most important parts of GST and so in this article, we have answered some basic questions about ITC like conditions for availing the ITC, the manner of utilizing ITC, the time limit for availing the ITC and we have also explained with the detailed list of items…