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Ashrakat Rady

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Articles

Recent activity by Ashrakat Rady

  • How to Create a New Wafeq Account?

    Wafeq helps you create a new account and set up your organization in a few simple steps. During the signup process, you’ll enter your basic information, create your organization, and answer a few ...

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  • The Manufacturing Cycle in Wafeq: From Raw Materials to Finished Item

    You purchase a wooden board, screws, and legs, and a chair comes out of your factory. But between the two, there is a process that your accounting system needs to track in detail: which component w...

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  • Bulk Reclassification of Transactions

    Wafeq allows you to reclassify multiple transactions from one account to another in a single operation, instead of opening documents and modifying each  transaction individually.This feature helps ...

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  • How can I require all users to enable two-factor authentication (2FA) when logging in?

    You can now enhance your organization’s account security by enabling an option that requires all users to use two-factor authentication (2FA) when logging in. To do this:Select "Settings" from the ...

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  • Can I use custom fields with the API?

    Yes, custom fields are available via the API for organizations on Plus, Premium, and Enterprise plans, or with the Advanced Customization add-on. You can find the API documentation for using custom...

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  • Is VAT added when requesting a payout for accounting firms?

    Yes. If billing details and a valid tax registration number are provided when requesting a payout, VAT will be added to the payout amount.If no tax registration number is provided, the payout will ...

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  • Setting Up Bank Rules to Automate Transaction Classification and Reconciliation

    Bank rules allow you to automatically classify bank transactions based on predefined conditions, reducing manual work and speeding up the reconciliation process.Each rule is designed to capture a s...

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  • Get Started Page

     The Get Started page helps you set up your new organization in Wafeq through clear, sequential steps, allowing you to configure your account and begin using the system quickly without navigating a...

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  • Profit and Loss Statement

    The Profit and Loss Statement in Wafeq helps you track your business performance accurately by showing revenues, costs, and operating expenses over a defined period so you know exactly how much pro...

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  • Supplier Balance Summary

    In businesses that rely on purchasing goods or materials on credit or maintaining ongoing relationships with recurring suppliers, it becomes essential to track the financial balance of each supplie...

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