Best VAT Compliant Accounting Software for Small Business in UAE

It can be hard to find the right software for your accounting department. There are seemingly infinite software options with different features and price ranges.

When you’re narrowing down the best software for your business, it’s not always best to go with the best-known software. Instead, you should purchase the software that’s tailored to your business needs.

The purpose of accounting software is to help your business manage your financial organization and keep track of all records. With value added tax being added to the list of concerns in UAE, it’s necessary to get software that is compliant with VAT.

There are a number of different software that can be used to keep track of VAT and other accounting concerns. We’ve put together a list of our top 5.

Comparison Table

Software NameSingle UserMulti UserAccounting SupportInstant Messaging
SAPYesNoYesNo
SageYesYesYesNo
Tally ERPYesYesYesNo
Pandora ERPNoYes GBYesYes
Reach AccountantYesYesYesNo

1. SAP ERP

If you want a software that will help you run every part of your business, SAP might be the best option for you. It can help you manage your operations, inventory, customer, sales, and financial services. The software’s design is made for medium and small businesses. It’s meant to be easily installed.

The high-functioning software has customization options, so you can make sure it works well for your business. It can also integrate with different programs you already use. The software helps lay a common ground so that all employees across different departments can work together.

SAP is a commonly used software all over the world. It stays on top of different needs and provides clients with a good experience. Businesses are always growing, and SAP helps to meet and handle expansion needs accordingly.

SAP Features:

  • Cost management
  • Management of human resources
  • Sales
  • Finance
  • Management of manufacturing on all ends
  • Customer relations management
  • Management of inventory
  • Reporting
  • Generally easy accessibility

2. SAGE

SAGE is a type of accounting software that can help with managing a number of different aspects of your business. It provides CRM and business intelligence. In addition, it helps you manage your business, payroll, and overall finances.

SAGE is known for being simple, but it’s also a powerful software that allows easy management of all sides of the business. The software can integrate with a number of different tools. Unlike many other software, you don’t have to struggle to find solutions.

SAP Features:

  • System management
  • Advanced security options
  • Multiple currencies
  • Multiple warehouse management
  • Integration with Microsoft Office
  • Graph generation
  • Report writing capability
  • Tracking of payable and receivables
  • Overall project tracking
  • General ledger of business information
  • Purchase order and sales entry
  • Inventory tracking and control

The price of this software is based on the number of users. For a single user, you can get the software for a little over 1,000 AED. However, if you have several users, you’ll need to be prepared to spend several thousand AED.

3. TALLY ERP

Tally’s latest edition is called Tally ERP 9. This accounting software goes beyond basic software capabilities. You can consider it a complete kind of business solution. Tally has been on the market for as long as accounting software has existed. It’s a well known option thanks to its reliability and capability of managing all the critical parts of your business.

This software can keep track of your finance department, sales, purchasing, manufacturing, inventory, and more. The design is meant to simplify all the tasks of your business, providing more flexibility and efficiency to allow faster workflow between all business departments.

Tally Features:

  • Finance and accounting
  • Management of inventory
  • Management of sales
  • Management of purchasing
  • Tracking of job work and manufacturing
  • Banking information
  • Management of payroll
  • MIS reporting and other reports

The software comes in a single user and multi user package. For a single user, it will run about 2,000 AED. However, for multiple users, you should expect to pay upwards of 5,000 AED.

4. Pandora ERP

When you’re looking for great accounting software to use in UAE, Pandora makes the list with ease. Many business owners throughout UAE use it. Pandora is optimized for use by both small and medium business owners, providing a number of business solutions. The software functions by boosting sales productivity.

Pandora is helpful for keeping businesses organized and making sure work is done in an efficient manner. You have help with scheduling, production, planning, and management. Pandora comes with an instant messaging feature that lets you chat in real time. You can even use the screen sharing and online talk features to remove communication gaps.

Pandora Features:

  • Quote building tools
  • Management of projects
  • CRM
  • Point of sale system
  • General accounting
  • Manufacturing management
  • Billing
  • Purchase tracking
  • Mailing capabilities
  • Surveys
  • Automation of leads
  • Employee tracking
  • Expense tracking
  • API

5. ReachAccountant

Reach is a great accounting software used by many companies internationally. Recently, a branch has been launched in Dubai. The software is meant to be a main solution to your business needs. It’s powerful, user-friendly, and easy. In addition, you can customize it based on the demands of your business.

Reach helps manage all of your departments without errors and automate your business. The complete software includes a number of functions that you might not find with other types of software.

Reach Features:

  • Accounting capabilities
  • Management of purchasing
  • Management of sales
  • Management of branches
  • Management of users
  • Management of sales teams
  • Management of projects
  • Mobile app
  • Production plans
  • Bank reconciliation
  • Inventory management

The cheapest option for this software is the single user. You can also purchase a five user option for double the single price. For a bit more, you can get unlimited users. It should be noted that the prices are subscription-based per year.

Final Thoughts

All of these software are good for different businesses. If you want an affordable option, SAP might be your best choice. If you’re looking for a software solution that can handle unlimited users, you might want to use Reach Accountant.

SAGE is great if you want a solution that integrates with Microsoft Office. For great customer support and a long history in the accounting software business, go with Tally. And for real-time instant messaging and streamlining, Pandora is the solution for you.

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