Accounting your accountant can work from
KD ERP Accounting is real double-entry underneath, so you do not have to think in debits and credits. Invoices, payments, bills, expenses and payroll post themselves. When your accountant asks for reports, they are already there.
- What it is
The accounting app of KD ERP: chart of accounts, journal, financial reports, periods, banking, fixed assets and budgets.
- Who it is for
Business owners who want clean books without keeping them, and the accountants who look after those books.
What Accounting does
Books that post themselves
Invoices, receipts, bills, expenses, payroll and property deals post to the ledger as they happen, through the same services the app uses everywhere.
Reports
Trial balance, income statement, balance sheet with a comparison column, general ledger detail with CSV export, receivables aging, cash flow, and budget against actual.
Journals
Manual journal vouchers with their own numbers, accruals that reverse themselves, and recurring journals for fixed monthly entries.
Periods and year-end
Close a month softly, so only an admin can override it with a reason, or hard-close it. Year-end closing moves profit to equity and can be reopened.
VAT return figures
Prepares the boxes of a VAT201-style return by emirate and reconciles them to the VAT accounts in the ledger. Filing marks the quarter closed in KD ERP; you still submit the return on the tax authority's own portal.
Banking
Keep each bank account under cash, import statements as CSV, OFX or MT940, match lines automatically or by hand, and complete a reconciliation with a report.
Fixed assets
Register vehicles and equipment, run straight-line or declining-balance depreciation, and record a disposal with its gain or loss.
Budgets
Enter a budget in a grid, copy last year's actuals into it, approve it, and compare it with what happened.
Cost centres, projects and vehicles
Tag invoices, bills, expenses, journals, payroll and assets, then read the profit and loss by tag.
A ledger nobody can quietly change
Posted entries cannot be edited or deleted. A mistake is corrected by a reversal. Every change is also written to an audit log with who, when, old value and new value.
What it does not do yet
So you do not find out after you start.
- It has no corporate tax pack and no consolidation of several companies into one report.
- It does not revalue foreign-currency balances.
- It does not connect to your bank for live feeds; you import statement files.
- Asset depreciation is run by you, not on a schedule.
Need something we don't do yet? Tell us.
Questions
Do I need to know accounting?
No. You raise invoices and record what you spend, and the double-entry happens behind the scenes. Your accountant gets proper reports instead of a shoebox.
Can my accountant work in it?
Yes. Give them a login with a role that fits. One login can also open several companies, each with its own books.
Does it file my VAT return?
No. It prepares the figures and reconciles them to the ledger. You submit the return yourself on the tax authority's portal, then mark the quarter filed here.
Can the financial year start in July?
Yes. The financial year can start in any month, set per company. January, April, July and October are all common.
Tell us about your business
Start free
Start free
One user is free for up to six months, with no card and no contract. After that we quote a price for the users and apps you actually use. Free documents carry a small "Powered by KD ERP" credit.