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Ashrakat Rady

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Recent activity by Ashrakat Rady

  • Customer Balance Summary

    The "Customer Balance Summary" feature in Wafeq provides a quick and efficient way to track each customer's financial balance in your accounts. The report allows you to select the time period you w...

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  • Inventory Movement Report

    The Inventory Movement Report displays all stock movements that occurred for your products during a specific time period, whether they are: Inbound movements: such as purchases, customer returns, o...

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  • Managing Subscriptions and Billing Accounts in Wafeq

    Wafeq makes it easy to manage your subscriptions and choose the organization that receives subscription invoices. What are "Subscriptions" and "Billing Accounts"?Subscription: The payment plan your...

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  • When Should You Create a Branch vs. a New Organization?

    When working in Wafeq, you might need to add new entities to register financial transactions such as invoices and expenses.This raises an important question:Should I add the entity as a "Branch" or...

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  • Branch Management in Wafeq

    Branches in Wafeq help you organize your company’s financial operations in a flexible and structured way. You can filter reports by branch, allowing you to analyze the performance of each business ...

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  • Managing Beneficiaries in Wafeq

    Beneficiaries are the individuals or entities for whom, or through whom, financial transactions are carried out in your company. Payments can be transferred to them or received from them. Registeri...

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  • Is there a training course for Wafeq?

    Yes, Wafeq offers a weekly live training webinar hosted by the Wafeq team. You can register for free and attend to learn how to use the system practically. We also take questions and answer them li...

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  • What’s the difference between Invoices and Cash Invoices?

    The difference lies mainly in the timing of payment, as explained below: Invoices (Credit)Used when the sale happens now but payment is delayed.The invoice amount appears as Accounts Receivable (du...

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  • What is the General Ledger Report and what is its purpose?

    The General Ledger is a core accounting report that displays all accounting transactions (journal entries) that have been recorded across the company’s accounts including assets, liabilities, incom...

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  • How to Create a Wafeq Account?

    To create a new account on Wafeq and start using the system, follow these steps: Go to the Sign-Up PageOpen your browser and navigate to:https://www.wafeq.com/en Click "Start now for Free" Ente...

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    • 2 votes