Accounting software for Ras Al Khaimah businesses that make, build and host

A RAK producer of precast concrete or ceramic products buys raw materials in bulk, runs a plant with heavy maintenance costs and sells to contractors across the northern emirates and abroad. The accounts need raw materials, work in progress and finished goods kept apart, and machine costs that are capitalised rather than expensed.

HelloBooks keeps stock by item and, on the Business plan, by warehouse and batch. Production is recorded with journals that move value from raw materials into finished goods, which your accountant can template as recurring entries. Fixed assets sit on the balance sheet with depreciation posted monthly.

• Separate accounts for raw materials, work in progress and finished goods
• Recurring journals for monthly production and depreciation postings
• Export sales recorded in USD or EUR with the AED value and FX difference tracked

A small resort in Al Marjan or a desert-camp operator in the interior has high-volume card takings, seasonal staff and a long list of suppliers for food, linen and maintenance. HelloBooks does not plug into hotel PMS or point-of-sale systems, so daily takings are posted from the end-of-day report as a summary entry. The card settlement then shows up on the bank statement and the agent matches it.

Supplier invoices from Arabic-speaking vendors are read by the OCR and posted to the right cost line. Ask "what did food cost us as a share of restaurant sales in March?" and the agent works it out from the ledger.

A RAK company is taxed the same way as any other UAE company. VAT is 5% and registration is mandatory above AED 375,000 of taxable supplies. Corporate tax is 9% on taxable income above AED 375,000. A RAKEZ company may have a different position if it meets the qualifying free zone person conditions; RAKEZ itself offers both free zone and non-free zone licences, so check which one you hold.

HelloBooks prepares the VAT 201 and the corporate tax computation from the ledger. You or your tax agent file them. If you need a manufacturing chart of accounts, batch costing reports or a hotel-style daily summary template, ask through /book-a-demo or hello@hellobooks.ai.