From a small rental office to a limousine company serving corporate accounts, Qoyod runs the financial side of your business. ZATCA-certified e-invoices, recurring invoices for your monthly contracts, and a fleet recorded in the fixed-asset register with monthly depreciation in the books.
Recurring invoice #INV-1284
Corporate monthly contract · 5,400 SAR
Limousine invoice #INV-1283
Transport company contract · 12,000 SAR
Asset depreciation · Car #CAR-19
Monthly automatic entry · Straight line
Rental companies across different activities run their accounts and invoices on Qoyod.
Car rental and limousine accounting has its own shape. Monthly contracts whose invoices repeat, a fleet that represents your largest investment and needs depreciation in the books, and corporate receivables that run late. Qoyod solves three problems that drain your time and your money.
Every month the same invoices go out to corporate accounts and long-term renters. A wrong date, a forgotten customer, or an inaccurate tax figure, and the invoice is not cleared.
Your cars and limousines are your largest investment, yet their book value and consumption are not calculated accurately. Your profit and financial position end up misleading.
Corporate accounts pay late with no organised follow-up, and balances do not show clearly in your books. Every late payment is cash locked out of your cycle.
Qoyod is accounting software for car rental and limousine companies, and these four capabilities serve you directly: e-invoicing, recurring invoices, the fixed-asset register and depreciation, and cost centers with branches.
Issue rental invoices that are ZATCA compliant, with VATGeneral Sales Tax calculated automatically and a direct link to the Fatoora platform.
Set the recurring invoice once for each monthly contract, and Qoyod issues it on schedule, ZATCA compliant. No manual re-entry every month.
Record every car and limousine in the fixed-asset register with its cost and useful life, and calculate depreciation through automatic periodic entries that reflect the correct book value on your balance sheet.
Assign each car's revenue and expenses to its own cost center to see its profitability, and run several branches on the same account with ready reports and API access.
Record every car and limousine in the fixed-asset register, and Qoyod calculates depreciation through automatic periodic entries. The net book value shows on your balance sheet with no manual calculations.
Car #CAR-04 · Toyota
Cost 95,000 SAR · 5 years
Limousine #LMO-06
Cost 210,000 SAR · 6 years
Coach #BUS-07
Cost 480,000 SAR · 10 years
Start with the in-depth guide to car rental accounting, or jump to the activity that fits you from the rest of the rental businesses Qoyod serves.
More than 25,000 Saudi businesses rely on Qoyod every day.
One of the clearest and easiest programs to use, and the best part is 24/7 customer service with fast response times. You truly deserve a million stars, not just five.
An outstanding program. I've been using it for about 4 years and it's still one of the best, with excellent support and reporting. I recommend it.
An excellent program. The customer service team is professional and goes out of their way to help with every detail. A standout service. I recommend it to every company. Easy to use.
I've been their customer for years and I'm very pleased. Support is always available whenever I need anything, and the system is easy to use. I was struggling before, and with them, honestly, I'm comfortable.
More than great, with smooth and continuous updates. Fast to load and work in, easy to use, and serves every type of business.
The program is easy and enjoyable, with great non-stop services and educational sessions for anyone who runs into issues. Qoyod is a delightful world to work in.
Issue your first cleared rental invoice within minutes. No credit card and no commitment.
Qoyod is a leading modern cloud accounting solution that has transformed how businesses manage their finances, enabling growth and ensuring full compliance with JoFotara regulations.