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اللغة العربية

Company Accounting Program from Sutumatic – An Integrated Accounting System for Businesses

Sutumatic Accounting Program – Approved by the Zakat and Tax Authority

Sutumatic ERP Accounting Program offers a comprehensive system for managing accounts, inventory, customers, and suppliers, providing businesses with a complete overview of their daily operations. With support for integration with electronic invoicing and the requirements of the Zakat and Tax Authority, the program ensures efficiency in managing operations and compliance with local accounting standards

Features of the Sutumatic Accounting Program

Our program is distinguished by several features that make it the ideal solution for Saudi companies of all sizes:

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Ease of Use

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A simple user interface that anyone can navigate without the need for extensive training.

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Full support in Arabic.

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Comprehensive Financial Management

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Accurate tracking of revenues and expenses

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Budget preparation and real-time monitoring of financial performance

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Integration with Electronic Invoicing

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Issuing electronic invoices in accordance with the requirements of the Zakat and Tax Authority

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Seamless integration with ERP systems and other business tools

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Advanced Data Protection

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Automatic backups to ensure the security of your financial data

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Data encryption in accordance with the highest global standards

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Detailed Financial Reports

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Instant report generation to support strategic decision-making

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Customized display and analysis of profits, expenses, and taxes

Main Components of the System

1- Client Data: Customers, Suppliers, and Representatives

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Customer Management

  • Easily import customer data from Excel files or enter it manually
  • Customer Classifications: Specify the customer's name, unique code, grace periods, credit limit, and discount rates
  • Tax Data: Record the tax number and commercial registration with the option to attach related documents for each customer
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Supplier Management

  • Import supplier data or enter it manually using the same system as customers.
  • Basic Data: Record the supplier's name, payment methods, and payment terms.
  • Bank and Tax Record Details: Accurate tracking of supplier obligations
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Representative Management

  • Register representatives by name and code, linking them to specific warehouses.
  • Commission System: Calculate commissions based on sales, collections, or a combination of both.
  • Representative App: Allows tracking and executing sales operations from anywhere.

2- Item and Warehouse Management

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Inventory and Item Management

  • Measurement Unit Systems: Support for various measurement units for the same item.
  • Automatic or manual barcode creation for each item, with printing capability
  • Detailed Reports: Accurately track item movements to know available quantities
  • Inventory Management: Set up periodic or continuous inventory and easily adjust inventory reports
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Warehouse Management

  • Warehouse Coding and Linking: Code warehouses and connect them to different branches
  • Inter-Warehouse Transfers: Manage transfer operations between warehouses smoothly
  • Issuance and Receipt Permits: Facilitate inventory movement management through permits linked to invoices

3- General Accounts and Cost Management

Chart of Accounts

As mentioned in your files, the Satmatak system offers flexible account management by allowing the recording of daily entries, preparation of opening and adjustment entries, and the creation of accurate financial reports. One of its key advantages is the ability to easily add or modify accounts according to the company's needs

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Assets

Includes everything the company owns that has financial value
  • Cash in hand and banks
  • Accounts receivable (customers)
  • Inventory
  • Fixed assets (such as real estate and machinery)
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Liabilities

Includes obligations that the company must pay
  • Payables (suppliers)
  • Bank loans
  • Short-term liabilities (due taxes)
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Equity

Represents the net worth of the owners or investors in the company
  • Capital
  • Retained earnings
  • Dividends
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Free trial – Try it now and achieve your success with Sutumatic

Start using the free trial of the cloud accounting program and see how easy it is to manage your accounts. Don’t waste time on traditional procedures; let Satmatak help you grow and achieve your financial goals

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Revenues

Includes all sources of income generated from the company's activities
  • Sales revenue
  • Service revenue
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Expenses

Includes all costs incurred by the company to generate revenues
  • Rent
  • Salaries
  • Operating expenses and taxes

  • Create a comprehensive accounting guide tailored to the organization's activities, with the ability to customize a hierarchical accounting chart

  • Direct financial entries and link them to cost centers for precise performance analysis

Journal Entries and Accounting Posting

Journal entries are fundamental to the accounting process, as they record every financial transaction occurring within the company in a systematic manner. These entries aim to document transactions in an organized way, clearly showing debit and credit accounts, in accordance with the double-entry principle (for every credit entry, there is a corresponding debit entry)

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Identify the affected accounts:

  • Example: Does the transaction involve assets, liabilities, expenses, or revenues?

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Determine the direction of the entry:

  • If assets or expenses increase, it is a debit

  • If liabilities or revenues increase, it is a credit

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Record the entry:

  • Document the entry in the journal in an organized manner

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Verify the principle of balance:

  • The total debits must equal the total credits to ensure balance

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Manual and automatic entries:

  • Record entries daily or with each new financial transaction

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Accounting posting:

  • Either automatic after each transaction or manual for specific periods

Cost Center Management

In the Cost Center Management of Satmatak, we aim to identify and track all costs associated with specific departments or activities within the company, with the goal of improving expense control and increasing operational efficiency. A cost center is a department or function that does not generate direct revenue but contributes to the overall operations of the company, such as maintenance or human resources

  • Direct Cost Centers:
    • Include costs that can be directly traced to specific products or projects
    • Example: Raw materials used in manufacturing
  • Indirect Cost Centers:
    • Include costs that cannot be directly linked to a specific activity but support overall operations
    • Example: Administrative salaries or rent
  • Operational Cost Centers:
    • Include costs associated with the daily operations of the company, such as maintenance and utilities
  • Investment Cost Centers:
    • Relate to expenses associated with investments, such as purchasing equipment or developing new infrastructure
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4- Invoice and Payment Management

Invoice and payment management is one of the most important accounting functions that helps companies track cash flows, revenues, and expenses. This process aims to ensure that the company receives all its dues and meets its obligations on time, thereby maintaining a steady cash flow and reducing financial risks

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Issuing Invoices

  • Prepare sales invoices that include details of the service or product, due date, payment method, and applicable taxes
  • Ensure compliance with regulations (such as electronic invoicing in Saudi Arabia in accordance with the Zakat and Tax Authority)
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Monitoring Accounts Receivable:

  • Identify invoice due dates to ensure timely collections
  • Send automatic reminders to customers about outstanding payments
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Reconciliations

  • Ensure that open invoices and received payments are reconciled to confirm that records match
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Issuing Electronic Invoices

  • Compliant with the Zakat and Income Authority, with support for value-added tax
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Archiving Invoices

  • Archiving Invoices
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Managing Returns

  • Create return invoices and easily link them to the original invoices

Features of the Sutumatic Accounting Program

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Managing Accounts Receivable and Payable: Easily track customer receivables and payments to suppliers

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Preparing Tax Reports: Configure ready-made reports for submission to the Zakat and Income Authority

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Monitoring Fixed Assets: Track asset depreciation and link it to annual expenses

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Integration with Payroll System: Automatically calculate salaries and associated taxes

Register now – Start your journey to success with your ideas

Take the leap now towards a better future for your company with the Satmatak accounting program. Gain complete control over your finances and enjoy easy and effective management of your accounts

Register Now
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Why choose Sutumatic?

Company Accounting Program from Sutumatic – An Integrated Accounting System for Businesses

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Additional services offered by Sutumatic

  • Commission Management: Set up commissions for sales representatives based on various criteria such as sales or collections.

  • Continuous Technical Support: A team available 24/7 to assist and resolve any technical issues.

  • Professional User Training: Training courses to maximize the benefits of all program features.

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Performance analysis of companies through advanced reports.

  • Detailed Sales Reports: Analyze customer and product performance and understand purchasing behaviors.

  • Accurate Profit and Loss Reports: Provide a clear view of the company's financial performance.

  • Smart Procurement Management: Track the status of purchase orders and available inventory for each warehouse.

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Cloud Support for Access Anywhere

  • A secure cloud system that allows easy access to data from any device at any time.

  • Automatic data storage to ensure security and continuity.

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Components of the Accounting Program – What Do You Get?

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Invoice and Sales Management: Easily create and track invoices and sales.

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Inventory Management: Monitor and automatically update inventory.

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Expense Management: Record daily expenses and analyze cash flows.

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Reporting: Provide detailed performance reports to support business strategies.

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Integrated Financial System: Link all financial departments for complete integration.

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Contact

  • - Address

    Al Baladiya Street, Al Aziziyah District, Jeddah, 23334, Mecca, Kingdom of Saudi Arabia

  • - Email Address

    info@sutumatic.com

  • - Unified Number

    920012510

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