Accountants from SOCPA-certified firms record your transactions on Qoyod or any cloud accounting system you use, per accounting standards, and prepare your financial reports. You send your documents through a dedicated WhatsApp group or Google Drive and follow the results.
Handled by accountants from firms certified and registered with the Saudi Organization for Chartered Professional Accountants (SOCPA), per the applicable accounting standards.
Recording and organizing your financial transactions from your documents, on Qoyod or any cloud accounting system you use, per accounting standards.
Reports that show your business's actual position: financial position, profit & loss, cash flow, changes in equity, break-even, financial forecast, and risk analysis with recommendations.
Monthly reconciliation of your bank accounts against your entries, correcting any differences, plus payment-gateway (Tap, Tamara) and cash-custody reconciliation.
Reviewing and recording payroll accrual and payment entries after you approve the payroll sheet.
Preparing your annual financial statements per the applicable financial reporting framework at year-end.
Reconciling related-party balances, posting closing adjustments, preparing the closing trial balance and providing variance analysis reports at year-end.
A clear process from day one. Certified accountants begin once your approved opening balance and required documents are in place.
We understand your activity, transaction volume and accounting needs, and define the right scope.
StartWe receive your approved opening balance and required documents, and review your chart of accounts.
Before startAccountants record your transactions daily, weekly or monthly from your documents and reconcile your bank accounts. You send documents via a dedicated WhatsApp group or Google Drive.
MonthlyEnd of each month: a financial position report and a P&L statement. For each tax period: your VAT return, prepared and filed. At year-end: your annual financial statements.
Monthly & annualNote: The service is delivered through partners: accounting and audit firms certified and registered with the Saudi Organization for Chartered Professional Accountants (SOCPA). Work begins once a correct, approved opening balance is available from you; if it is not available, or there is a gap in recording, the Accounts Cleanup service is required first.
Everything you need to know about Qoyod's bookkeeping service before you start.
You send your invoices and bank statements via a dedicated WhatsApp group or Google Drive, and the accountants handle the rest.
On the Qoyod accounting system or any cloud accounting system you use. Accountants record your transactions and prepare your financial reports on it per the applicable accounting standards.
Yes. The service is delivered through partners: accounting and audit firms certified and registered with the Saudi Organization for Chartered Professional Accountants (SOCPA).
Through a dedicated WhatsApp group set up to receive and record them, or on Google Drive.
At the end of each month you receive a financial position report and a P&L statement. At year-end you receive your annual financial statements (in Arabic and English) and variance analysis reports.
Yes. The accounting team prepares and files your VAT return as part of the service, alongside your monthly bookkeeping and reports.
Talk to our sales team, and certified accountants begin as soon as your opening balance and required documents are in place.