Qoyod
Products
Qoyod Accounting Software Two editions: for business owners and accountants
Qoyod for Business Owners
Accurate accounts with your financial data in one place
Qoyod for Accountants
Accurate, compliant, always-updated books
Qoyod AI
Answer a few questions, get your account setup ready
Qoyod Mobile
Manage your business on the go
Point of Sale
ZATCA-ready cashier for your stores with flexible payments
Q.Flavours
Cloud cashier purpose-built for restaurants and cafés
Qoyod HR
Employees, payroll and leave under Saudi Labor Law
Qoyod CRM
From first contact to invoice in Qoyod
Masakin
Owners-association management
Qoyod Pro Services End-to-end advisory services from Qoyod experts
Bookkeeping Service
Daily tracking and organization of your financial transactions
Tax Filing Service
Accurate preparation and filing of VAT and Zakat returns
Setup Service
Full Qoyod setup with your accounts, branches, and users
Books Cleanup Service
Review and reorganize your historical books
 Discover all services
Integrations
E-Invoicing
ZATCA Phase 2 compliance
Integrations Marketplace
Explore the most-requested integrations
Qoyod API
Custom integration with your internal systems
Sectors
Retail
Clothing, electronics, grocery, pharmacies
Manufacturing
Factories, workshops, production costs, tailoring
Food & Beverage
Restaurants, cafés, bakeries, sweets
Legal
Legal practice, notary, consulting, arbitration
Rental
Cars, equipment, furnished apartments, venues
Travel & Tourism
Tour operators, hotels, travel agencies, transport
Education
Schools, nurseries, training and development centers
Services
Consulting, advertising, clinics, beauty, insurance
Real Estate & Construction
Construction, real estate offices, property management, engineering
Operations & Maintenance
Car maintenance, fuel stations, warehouses, shipping
Technology
E-commerce stores, computer services, digital finance
 Discover all sectors
Partnerships
Strategic Partnership
Expand your business and deliver more value
Affiliate Partnership
Turn your network into extra income
Tech Partners
Connect your products with Qoyod
Pricing
Resources
Blog
Accounting and business management articles
Qoyod vs Other Apps
Compare Qoyod with the alternatives
Qoyod Community
Podcast for accountants and entrepreneurs
Help Center
Tutorials and FAQs
E-Invoicing Hub
Your complete guide to ZATCA e-invoicing compliance
Financial Statements Hub
Your complete guide to preparing and reading financial statements
Accounting Hub
Your complete guide to learning accounting from the basics
HR Hub
Payroll, leave and end of service under Saudi Labor Law
Guides
Practical guides on accounting and tax compliance
Business Glossary
Accounting, business and HR terms
Business Templates
Ready-to-download Excel templates
Accounting Calculators
Free financial and tax calculators
Country
Saudi Arabia Jordan UAE Soon Egypt Soon
العربية English
Login Start free now
Qoyod
Products
Qoyod Accounting Software Two editions: for business owners and accountants
Qoyod for Business Owners
Accurate accounts with your financial data in one place
Qoyod for Accountants
Accurate, compliant, always-updated books
Qoyod Mobile
Manage your business on the go
Qoyod Pro Services End-to-end advisory services from Qoyod experts
Bookkeeping Service
Daily tracking and organization of your financial transactions
Setup Service
Full Qoyod setup with your accounts, branches, and users
Books Cleanup Service
Review and reorganize your historical books
 Discover all services
Integrations
National Invoicing System
JoFotara · Income and Sales Tax Department · UBL 2.1
Integrations Marketplace
Explore the most-requested integrations
Qoyod API
Custom integration with your internal systems
Sectors
Retail
Clothing, electronics, grocery, pharmacies
Manufacturing
Factories, workshops, production costs, tailoring
Food & Beverage
Restaurants, cafés, bakeries, sweets
Legal
Legal practice, notary, consulting, arbitration
Rental
Cars, equipment, furnished apartments, venues
Travel & Tourism
Tour operators, hotels, travel agencies, transport
Education
Schools, nurseries, training and development centers
Services
Consulting, advertising, clinics, beauty, insurance
Real Estate & Construction
Construction, real estate offices, property management, engineering
Operations & Maintenance
Car maintenance, fuel stations, warehouses, shipping
Technology
E-commerce stores, computer services, digital finance
 Discover all sectors
Partnerships
Strategic Partnership
Expand your business and deliver more value
Affiliate Partnership
Turn your network into extra income
Tech Partners
Connect your products with Qoyod
Pricing
Resources
Blog
Accounting and business management articles
Qoyod Community
Podcast for accountants and entrepreneurs
Help Center
Tutorials and FAQs
Accounting Hub
Your complete guide to learning accounting from the basics
Guides
Practical guides on accounting and tax compliance
Business Glossary
Accounting, business and HR terms
Business Templates
Ready-to-download Excel templates
Accounting Calculators
Free financial and tax calculators
Country
Saudi Arabia Jordan UAE Soon Egypt Soon
العربية English
Login Start free now
Qoyod Glossary

Business Glossary

A comprehensive reference of the most important accounting, HR and business management terms, with clear and simple explanations to help you understand the language of business with ease.

1 • Search the glossary

Search for a term

Type a term name and results will appear instantly below.

2 • Most searched

Most searched terms

The top 20 accounting terms most searched by business owners in Saudi Arabia — concise, direct definitions.

ZATCAThe Saudi government authority responsible for collecting zakat, taxes, and customs duties.Real Estate Transaction TaxA 5% tax imposed on the sale and transfer of real estate ownership in Saudi Arabia.ZakatThe minimum amount of wealth at which zakat becomes obligatory under Islamic law.Value Added Tax (VAT)An indirect tax of 15% imposed on most goods and services in the Kingdom.Escrow AccountA neutral bank account that holds funds until both parties meet the agreed contract terms.Point of Sale SystemAn integrated system that records sales, prints invoices, and updates inventory in real time.Inventory ListA detailed record of every item a business holds, with quantity, cost, and location.Bounced CheckA check the bank refuses to pay because of insufficient funds or an account issue.Sales JournalA dedicated book that records every credit and cash sale in chronological order.Prepaid ExpensesAmounts paid by the business in advance for services or benefits to be received later.CapitalThe total funds injected by owners or shareholders to finance the business's activity.Return on Investment (ROI)A financial metric that measures investment efficiency as the ratio of profit to cost.EBITEarnings before interest and taxes, reflecting the operating profit of the business.EBITDAEarnings before interest, taxes, depreciation, and amortization. Measures net operating performance.Construction AccountingAn accounting specialty dealing with long-term construction projects and revenue recognition.Islamic SukukIslamic securities representing a common share in Sharia-compliant assets or projects.JournalThe primary accounting record where all transactions are entered in chronological order.CAPEXCapital expenditures incurred by the business to acquire or develop long-term assets.Adjusting EntriesEntries made at the end of the period to match revenues and expenses to the correct period.Credit NoteA financial document issued by the seller to reduce the value of a previous invoice due to a return or discount.
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All terms by letter

Choose a letter to view terms starting with it, or search directly by name.

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