Nadim
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Advanced Consolidation and intercompany eliminations
Advanced Consolidation turns the organizations you own in Wafeq into one group. Each month it matches what the members sell to, owe to, and own of each other, eliminates those amounts, and gives yo...
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How VAT and Subtotal Are Calculated in Wafeq
Wafeq uses a clear calculation method to determine the net amount, subtotal, VAT, and total invoice amount.The calculation is performed for each item and then grouped based on the applicable ta How...
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Recording a supplier advance
Effectively managing advance payments to suppliers is a key aspect of financial management, ensuring that your accounts are accurate and up-to-date. This guide provides a step-by-step approach for ...
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How to use delivery notes
A delivery note, also known as a delivery slip or dispatch note, is a document that acknowledges the delivery of goods from a supplier to a customer. It serves as proof that the goods described on ...
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Configuring your Foodics integration with Wafeq
Connect your Foodics account to Wafeq to automate your accounting.What’s the benefit of connecting my Foodics account to Wafeq?The Foodics integration does the following:Orders from Foodics will be...
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Advanced Foodics and Wafeq Integrating with Branches Support
This guide offers a detailed walkthrough for integrating Foodics, a comprehensive restaurant point of sale (POS) system, with Wafeq, an advanced accounting and e-invoicing solution. By connecting t...
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Easily Identify System and Custom Tax Rates in Wafeq
Managing taxes accurately is crucial for compliance and financial reporting. In Wafeq, organizations automatically get pre-configured tax rates based on the country's tax authority guidelines. Thes...
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Managing employee advances
You may give your employee a cash advance for cash expenses they may need to pay while performing their job. Watch our step-by-step video to know more:  Record the cash advance to the employee Crea...
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Setting up an initial quantity on hand for an inventory item
When you start using Wafeq, you most likely already have inventory stock. This article explains how you can set up the opening quantity on hand for an inventory item.Learn by watchingWatch this vid...
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Sending payslips to your employees
After running payroll, you can send your employees their payslips in PDF.Step-by-step instructionsTo send your employees their payslips PDFs through Wafeq:Go to Payroll & Employees in the left side...
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