Aqid ERPSeveral companies, one login
Switch between companies without signing out; each keeps its own ledger, tax numbers and documents.
Group reporting
One login for the whole group
Keep each company's books apart and read them together: consolidated statements in one currency, with ownership shares and intercompany balances shown.
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What you get
Consolidated statements
Profit and loss, balance sheet and cash flow for the group, in a presentation currency.
Ownership and minority interest
Set each company's ownership share; the non-controlling interest is shown.
Intercompany report
Balances between group companies, paired, so they can be agreed before closing.
Controls
Roles with custom permissions, two-step sign-in, locked periods, year-end close and an append-only audit trail.
Questions
Can my accountant work in my companies?
Yes: firms listed in the directory work inside your companies with the role you give them.
Do branches need separate companies?
No. A branch is a tag on the same company, and may carry its own commercial registration.
Is every plan multi-company?
The number of companies depends on the plan; the pricing page lists it.
Who uses this
In Kuwait
A Kuwaiti group with a company elsewhere in the Gulf keeps each ledger apart, so the Kuwaiti books stay free of VAT while a Saudi, UAE, Bahraini or Omani sister company has its own return layout. One sign-in works in one country, however, so a group across two countries uses two. Consolidated statements can be presented in dinars, with ownership shares and non-controlling interest shown and intercompany balances paired. Consolidation is a report, not posted eliminations, and it comes with Growth and Premium.
Read next for Kuwait
Aqid ERP in Kuwait
Set up for Kuwait's rules from the first day.
- Plans from 6.5 د.ك a month
- No VAT
- PIFSS
- Indemnity (Art. 51)