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Description

Naqood is a comprehensive accounting solution tailored for small businesses operating in the United Arab Emirates. Designed to streamline financial management and ensure full compliance with Federal Tax Authority (FTA) regulations, Naqood empo...

Use Cases

Key Features

  • Audit Trail
  • Income & Balance Sheet
  • Recurring/Subscription Billing
  • Accounts Payable
  • Sales Tax Management
  • General Ledger

Made For

Industries

  • Retail
  • Trading
  • Services
  • Hospitality
  • Construction

Customer Segments

  • Freelancers
  • Small Businesses
  • Mid-size Businesses

Supported Platforms

  • Web
  • Mobile

Pros

  • FTA Compliance: Specifically designed to meet UAE tax regulations, reducing the risk of penalties.
  • User-Friendly Interface: Simplifies accounting tasks for users with limited accounting knowledge.
  • Automated Features: Automates invoicing, expense tracking, and VAT calculations, saving time and reducing errors.

Cons

  • Limited Scalability: May not be suitable for very large enterprises with complex accounting needs.
  • Potential Integration Limitations: Integration options may be limited compared to more established accounting platforms.
Year Founded
2014
HQ Location
Dubai, UAE
LinkedIn
11-50 employees
@NaqoodApp
1K-5K followers

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