Top 7 Accounting Platforms for VAT and ZATCA Compliance in Saudi Arabia

Financial compliance is not a check-the-box exercise anymore as Saudi Arabia modernizes its business environment in line with the Vision 2030. As the Zakat, Tax and Customs Authority (ZATCA) is implementing compulsory e-invoicing (Fatoorah) regulations and tight VAT reporting requirements, it is essential to select the appropriate accounting platform.

You are an SME, a large company, or a startup, it is crucial to find the best accounting software in Saudi Arabia that complies with the local laws on taxation and digital infrastructure to prevent fines and stay on top of the game.

We will discuss 7 of the best accounting systems with strong VAT management, ZATCA Phase 2 and sophisticated financial capabilities customized to the Saudi market in the paragraphs below.

1. QuickDice ERP

QuickDice ERP is an efficient Saudi-made software that is fully integrated with accounting, inventory, procurement, HR and others on a single cloud-based platform.

The unique feature of QuickDice is that it has a smooth integration with ZATCA, i.e:

• Production of real time e-invoices (Fatoorah)

• Arabic English bilateral interface

• VAT-ready reporting

• Included QR code and UUID stamp creation

QuickDice ERP is best suited in business that seeks a localized and scalable solution that does not only deal with accounting but also interlinks operations within various departments. It is particularly useful to young companies that desire to have a complete ERP with local compliance embedded into it.

2. Zoho Books

Zoho Books is a well known cloud based accounting software that is very supportive of VAT in Saudi Arabia. It makes it possible:

• Adjustable 5 percent, 0 percent and VAT exempt tax codes

• Invoice creation in real time

• Audit trail reports in detail

• ZATCA-compatible templates

Although Zoho Books is not Saudi-specific, it is a good option to utilize by SMEs or freelancers as it provides a cost-effective and easy-to-use system with necessary compliance capabilities.

3. Sage 50cloud (Peachtree)

Sage is also well established in the Middle East and provides localization services via regional partners. Sage 50cloud enables:

• Multi-currency, Arabic-language configuration

• High-end inventory and job costing functions

• Audit reports and VAT reports which can be used in filing with GAZT

• Third-party ZATCA e-invoicing integration

It is applicable in medium-sized companies that want to have classic desktop capabilities and the advantages of a cloud.

4. Odoo Accounting (Localized to Saudi)

Odoo is a modular ERP system, which contains a comprehensive accounting suite. Odoo can be customized to:

• Produce ZATCA-compliant e-invoices

• Manage input / output VAT

• Provide Arabic invoices and bi-language UI

Odoo suits a company requiring customizability and flexibility of an open source, particularly in the company of a local consultant.

5. Xero (including Add-ons)

Xero is a widely used cloud-based system that, when equipped with the appropriate add-ons and local connections, can be effective in use by Saudi companies. Features include:

• Tax settings Custom

• Bank reconciliation Automated

• VAT tracking expense tracking

It does not have native ZATCA integration, but can be made to work with third-party tools by tech-savvy businesses.

6. Saudi VAT Module TallyPrime

Tally is common in the GCC and has a VAT module that is customized to Saudi Arabia. Using it, you are able to:

• Produce VAT returns compliantly

• Control multi-location inventory

• Monitor input and output GST/VAT

It is excellent when companies are accustomed to offline or hybrid systems and those who are moving on to older accounting practices.

7. SAP Business One (Local Version)

SAP Business One with Saudi localization is unrivaled in depth and integration to enterprises or high-volume operators. It supports:

• Integration of full ZATCA Phase 2 e-invoicing

• Complicated tax situations

• Tailorable financial reporting

• Multi language, Multi currency operations

It is a bit expensive but suitable to large enterprises that require enterprise performance and control.

Final Thoughts

Since ZATCA is still in the process of implementing its e-invoicing requirements and pursuing VAT enforcement, the selection of the most suitable accounting software in Saudi Arabia is not a question of taste, but a regulatory and strategic priority.

It does not matter whether you are a new business that wants simplicity or a large-scale business with thousands of transactions; there is something that suits your business.

And in case you want a highly efficient, end-to-end platform designed to meet the Saudi market needs, QuickDice ERP is the one you should consider. It has in-built ZATCA tools, comprehensive ERP integration, and bilingual support, which makes it a future-proof solution to businesses that desire to be compliant, nimble, and competitive.