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chart of accounts template for a UAE company

A bilingual chart of accounts for a UAE company, in one click 1:55 min

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Transcript

The Finance module. Five tabs. Start at the first. A chart of accounts is a list of labelled pockets. Al Reem never had one. Most Gulf SMEs don't. One click. A full Emirati chart, in dirhams, in both languages. Five families. Everything the company owns, owes, earns and spends. Each pocket has a number and a name. The bank. Reclaimable VAT. Salaries owed. Social insurance owed — named for the Emirates' own fund. And the VAT you've charged but not yet handed over. And this one: end-of-service, owed but not yet paid. Every pocket a payroll run touches already exists. The ones the engine posts to are locked as system accounts. You can add your own. Arabic name required — the books stay bilingual.

Frequently asked questions

What is a chart of accounts?

A list of labelled pockets — five families covering everything the company owns, owes, earns and spends — each pocket carrying a number and a name. One click generates a full Emirati chart in dirhams, in both languages.

Which accounts does payroll need?

Every pocket a payroll run touches already exists — the bank, reclaimable VAT, salaries owed, social insurance owed named for the country's own fund, VAT charged but not yet handed over, and end-of-service owed but not yet paid.

Can I add my own accounts?

Yes — the accounts the payroll engine posts to are locked as system accounts, but you can add your own. An Arabic name is required, because the books stay bilingual.

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