Nadim
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Recent activity by Nadim
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How to Manage Employee Commissions and Include Them in Payroll
Managing employee commissions is essential for motivating your team and tracking financial performance. With Wafeq, you can easily add and calculate employee commissions periodically, whether tied ...
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What is Accounts Payable?
Accounts payable is a critical aspect of any business's financial operations, particularly in dynamic and diverse markets. This article will provide an in-depth look into what accounts payable is, ...
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Troubleshooting mismatching bank balances
Understand the different bank balances in Wafeq and how to troubleshoot reconciliation errors. The different types of balancesYou will see three types of bank balances for your bank account in Wafe...
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Connecting your Stripe account to Wafeq
Connect your Stripe account to Wafeq to accept payments online and automate your accounting.What’s the benefit of connecting my Stripe account to Wafeq?The Stripe integration allows you to:Send an ...
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Adding retention to invoices
Retention is a deduction applied on a sales invoice total as part of an agreement between the supplier and the customer. The customer will withhold paying the retention amount until the work is com...
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What are Accounts Receivable?
Accounts receivable is money owed to you by your customers for service or goods you’ve sold them on credit.How is the balance of Accounts Receivable determined?When you issue an invoice to a custom...
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System accounts and locked accounts
In the Chart of Accounts, some accounts have a padlock icon 🔒. This means that you cannot delete these accounts.There are three main reasons you won't be able to delete an account: it's a system ac...
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How to add multiple organizations in Wafeq?
You can have multiple organizations set up under the same Wafeq account.Creating multiple organizations from the same accountTo create a new organization:Go to your organization's workspace in the ...
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Importing your data 4/4: Inventory
Learn by watchingWatch this video on how to import your single-line data such as inventory items, or read on below. Importing your dataStep-by-step instructionsYou can import items using the impor...
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Creating an Email Template for an Invoice
You can create an email template for every customer while sending an invoice on Wafeq.On the left-hand side choose Invoices (in the Sales section), choose Sheet view from the top bar, then create a...
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