firstBit Accounting

Accounting solution for UAE companies with tax module approved by Federal Tax Authority.

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Accounting solution for UAE companies with tax module approved by Federal Tax Authority

Cloud

Private Cloud

Mobile

Desktop

Self-hosted

firstBit Accounting - Ideal for SMB UAE companies

Ideal for SMB UAE companies

Fully compliant with tax law, labor law, local experience.

firstBit Accounting - Сontinuous improvement

Сontinuous improvement and fault tolerance

Dedicated local development team. Actual user guide. Covered by automated tests. Own cloud infrastructure in 3 different data centers. Automatic daily backups. Guaranteed uptime.

firstBit Accounting - UAE-based support

UAE-based support

Dedicated key-account manager. Fixed reaction time. Over 10 000 tickets resolved per year with 9.4 out of 10 average rate from сustomers. SLA tracking with performance over 97%.

Features

firstBit - Sales and purchasing management

Sales and purchasing management

  • Price management 
  • Manual and automatic discounts 
  • Payment terms management 
  • Sales and gross profit analysis 
  • Contract and credit limits 
  • Accounts payable aging 
  • Accounts receivable aging 
  • Consignment sales 
  • Additional expenses (included in cost price)
  • Order management (add-on) 
firstBit - Advanced warehouse accounting

Advanced warehouse accounting

  • Batch management
  • Expiry date analysis
  • Serial number tracking
  • Characteristics
  • Bin location management
  • Reservation management
  • Barcode management
  • Label printing 
firstBit Accounting - IFRS compliant flexible accounting

IFRS compliant flexible accounting

  • Customizable chart of accounts with dimensions
  • IFRS-compliant accounting for all business transactions
  • Flexible cost allocation 
  • Financial reporting in compliance with IFRS standards 
  • Fixed asset management (add-on)
  • Deferred revenue accounting (add-on)
  • Deferred expenses accounting (add-on)
  • Post-dated cheque accounting (add-on)
firstBit Accounting - Tax accounting

Tax accounting

  • Flexible VAT accounting settings
  • VAT accounting for advance payments, advance payments received
  • Preparation of tax invoices, tax credit notes
  • VAT accounting for export, import (reverse charge)
  • Manual VAT adjustment for complicated cases
  • Flexible VAT reports
  • Universal functionality for other taxes 
firstBit Accounting - HR & Payroll (add-on)

HR & Payroll (add-on)

  • HR documents and employee records
  • Working time and work schedules
  • Payroll, vacations and sick leaves
  • Flexible calculation of accruals and deductions
  • Loans to employees
  • End-of-service provisions
  • Employee benefits provisions
  • Vacation balances 

Project costing (add-on)

  • Key information on each project
  • Planning of project revenues and costs
  • Detailed analysis of estimated and actual project revenues and costs
  • Project cash flow analysis
  • Project total cost calculation with indirect costs allocated
  • Monitoring of the key project indicators
  • Project profitability management 
firstBit Accounting - Basic manufacturing (add-on)

Basic manufacturing (add-on)

  • Bill of materials for finished goods
  • Work in progress
  • Assembling and disassembling
  • Cost calculation with intangible and indirect costs allocated
  • Processing by subcontractors
  • Production costs analysis
  • Output production cost analysis 
firstBit Accounting - POS interface (add-on)

POS interface (add-on)

  • Easy-to-use interface
  • Full integration with the base functionality
  • Restricted access for user
  • Sales of goods and services
  • Goods returns
  • Sales order creation
  • Barcode scanner integration
  • Control of inventory levels
  • Manual and automatic discounts
  • Payment processing
Cloud

Mobile сlient

  • Full ERP functionality

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