This most requirement for business owners in UAE is VAT report. Because VAT is new rules in economic organization of UAE.  The implementation of VAT rules in the economic organization of UAE has made it mandatory to calculate 5% of sales amounts accurately In simple view, it is enough to calculate 5% of sales amounts. but it is not as simple as it seem! A slight mistake to calculate VAT amount or presenting the report in a wrong format, can lead to a penalty of up to 20,000 AED from the economic department. Example VAT report by iGreen accounting software

 This is a common question for any business starter in United Arab Emirates. Questions like: How could I keep record of my financial transactions? How to prepared report of VAT?, What is the best print format of invoice?, How to calculate salesperson commission?, and questions more like above ..  Choosing Factors But how could you understand to which accounting software suits for your business in UAE?, answer to this question depends on the type of your business and how cash flow occurs within it. so that it is crucial to understand your business needs to make the right decision. some important factors are size of your business (size of shop, or company), volume of transactions, format of VAT report,...  However, it will help you to choose an accounting software for managing your finance effectively and efficiently. Online of Offline server In today's world, the internet has become an integral part of our lives and business, connecting us to the rest of the world. Therefo...