Accounting & Finance

Accounting that keeps your books balanced and ZATCA-ready.

Every sale, purchase and payroll run posts to the general ledger on its own. Your team reviews instead of re-typing, and month-end takes days instead of weeks.

October 2026
Income StatementLive
Revenue
486,320.00
Cost of sales
(291,790.00)
Gross profit
194,530.00
Operating expenses
(118,450.00)
Net profit
76,080.00
VAT Summary
Output VAT
72,948
Input VAT
(43,769)
Net VAT payable
29,179
Compliance
2,740 invoices accepted by ZATCA
Trial balance: balanced
Typical month-end close
3 days
Calculated on every document
15% VAT
Bank lines matched automatically
9 of 10
ZATCA e-invoicing integration
Phase 2
What's inside

Everything your finance team needs, connected to the rest of the business.

General ledger & chart of accounts

Start from a ready Saudi chart of accounts and adjust it. Journals, recurring entries and reversals, all with a full audit trail.

Receivables & payables

Customer and supplier balances, aging, statements and payment allocation, always tied to the invoices behind them.

Banks, cash & treasury

Import bank statements, match them to payments automatically, and keep every bank account and cash box reconciled.

VAT & ZATCA e-invoicing

15% VAT on every document, VAT return figures ready each period, and invoices issued to ZATCA Phase 1 and Phase 2 standards.

Cost centers & budgets

Track profit by branch, project or department, and compare actuals to budget as the month goes.

Financial statements

Trial balance, income statement, balance sheet and cash flow, live, per branch or consolidated, exportable to Excel and PDF.

How it works

Your team keeps working. The books keep themselves.

  1. 1

    Sell, buy and pay as usual

    Sales, purchasing, POS and payroll keep working the way your team already does.

  2. 2

    Entries post themselves

    Each document creates its balanced journal entry with the right accounts, VAT and cost center.

  3. 3

    Review and close

    Reconcile banks, check the trial balance and lock the period, with every number traceable to its source.

Plans

Accounting in every plan.

Core accounting and VAT come with every plan. Larger plans add treasury, multi-currency, cost centers and ZATCA Phase 2.

Everything included in each plan.
FeaturesStarter50 / monthScale110 / monthBusiness220 / monthEnterpriseCustom
Tax & ZATCA compliance
ZATCA e-invoicing, Phase 1 (generation)
ZATCA e-invoicing, Phase 2 (Fatoora integration)
VAT returns & tax reports
Audit trail
Custom roles & permissions
Finance
General ledger, journals & chart of accounts
Accounts receivable & payable
Customer statements & aging
Payment reminders & collections
Banks, cash & treasuryBasic
Multi-currency
Cost centers & budgets
FAQ

Common questions about accounting

Can I bring over my existing accounts and opening balances?

Yes. Import your chart of accounts, customers, suppliers and opening balances from Excel. Scale includes a guided setup call, and Business includes assisted data migration.

Is Polvo ERP ready for ZATCA e-invoicing?

Every plan issues ZATCA Phase 1 invoices with QR codes. Phase 2 integration with the Fatoora platform is included from the Scale plan.

Can our external accountant access the books?

Yes. Invite them as a user with an accountant or read-only role. Custom roles and permissions are available from the Scale plan.

Does it handle multiple branches and currencies?

Each branch keeps its own transactions, and reports can be viewed per branch or consolidated. Multi-currency is available from the Scale plan, with exchange differences posted automatically.

Next-Generation ERP

Ready to modernize your operations with Polvo ERP?

Start your 14-day free trial today or talk to our ERP architects to see how fast your business can scale without legacy bloat.