firstBit Accounting

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

Contact Us

Cloud

Mobile

Self-hosted

Ideal for SMB UAE companies

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

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.

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

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) 

Advanced warehouse accounting

  • Batch management
  • Expiry date analysis
  • Serial number tracking
  • Characteristics
  • Bin location management
  • Reservation management
  • Barcode management
  • Label printing 

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)

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 

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 

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 

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

Mobile сlient

  • Full ERP functionality

Contact Us

To get more information about the solution and pricing, please fill in the form below and we will get back to you shortly.