Aqid ERPTags on every line
Projects, cost centres and branches go on invoice, bill, expense and journal lines.
Profit by project
See which job makes money
Tag each line to a project, a cost centre or a branch as you work. The reports split by that tag, so profit by job is a filter, not a spreadsheet.
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What you get
Profit and loss by project
Income and cost for each project, side by side, for any period.
Balance sheet by branch
What each branch holds and owes, with its own commercial registration on its documents.
Sales analysis
Revenue by project and by customer, to see where the work comes from.
Retention on contracts
Hold back a retention on an invoice and release it when the work is accepted.
Questions
Can one invoice cover two projects?
Yes: each line carries its own project.
Can payroll be split by project?
Yes, by tagging the payroll journal lines.
Do projects have start and end dates?
Yes, and the reports can be read for any period inside them.
Who uses this
In Oman
Tag payroll lines to a project and the job's labour cost includes the employer's SPF share, which differs sharply by nationality: 14.5% for an Omani employee, 1% of the full wage for an expatriate, whose gratuity also accrues monthly. Profit by project then shows what a crew really costs. Each branch can carry its own commercial registration on its documents. Contract retentions are held back on the invoice and released when the work is accepted, with every amount in rials to three decimals.
Read next for Oman
Aqid ERP in Oman
Set up for Oman's rules from the first day.
- Plans from 8.1 ر.ع. a month
- VAT 5 %
- Tax Authority return
- SPF