Best Accounting Software in Saudi Arabia

The Saudi Arabian market offers several robust accounting software solutions that cater to different business needs and sizes. Each platform brings unique strengths, from local market expertise to global feature sets, all designed to help businesses navigate ZATCA compliance while streamlining their financial operations. The accounting software solutions covered in this comprehensive guide include:

• Mwzon • Xero • QuickBooks Online • Zoho Books • Wafeq • Odoo • SMACC

Each of these solutions offers different approaches to accounting management, compliance, and business growth. Below, we’ll provide detailed information about each platform’s features, pricing, user experience, and integration capabilities to help you make an informed decision for your business needs.

Mwzon

Overview

Mwzon stands out as Saudi Arabia’s premier locally-developed cloud accounting platform, built from the ground up by Arab Center for Technology. specifically for SMEs operating in the Saudi market. Unlike international solutions that require complex third-party integrations for ZATCA compliance, Mwzon was designed with Saudi regulations at its core, ensuring seamless compliance while maintaining exceptional simplicity and affordability that Saudi businesses demand.

Key Features

• ZATCA Integration : Fully ZATCA Phase 2 compliant e-invoicing system with unlimited electronic invoices - no third-party tools or additional costs required.
• Advanced POS System : Works both online and offline - continues operating even without internet connection and automatically syncs all data when reconnected, with seamless integration to printers, cash boxes, and barcode scanners.
• Comprehensive Business Management : Multi-location inventory management, automated asset tracking with depreciation calculations, and detailed project-based profitability reporting.
• Saudi-Specific Customization : Custom fields, Arabic transaction notes, and localized document templates designed for Saudi business practices.
• Easy Setup with Free Training : Intuitive interface that requires no accounting expertise, plus complimentary onboarding sessions to get you started quickly.

Pricing

Plan	Per Month	Year
Invoicing Plan	SAR 61/month	SAR 511/year
Starter Plan	SAR 91/month	SAR 763/year
Business Plan	SAR 146/month	SAR 1,225/year

Xero

Overview

Xero is a New Zealand-based cloud accounting software founded in 2006. It provides comprehensive financial management tools for small and medium businesses worldwide.

Key Features

• Basic invoicing, bank reconciliation, and reporting
• Multi-currency support including SAR
• Inventory management and expense tracking

Pricing

Plan	Per Month	Year
Starter	USD 29/month	USD 348/year
Standard	USD 46/month	USD 552/year
Premium	USD 69/month	USD 828/year

*Additional costs for ZATCA compliance tools

Limitations

• No Arabic interface support
• Manual bank imports in Middle East region
• Requires separate ZATCA integration tools like Hesab or Marmin

QuickBooks Online

Overview

QuickBooks Online is developed by Intuit, a US-based company. It’s one of the most widely used accounting software solutions globally, offering comprehensive financial management features.

Key Features

• Standard invoicing and expense tracking
• Arabic-language invoice templates
• Multi-currency support

Pricing

Plan	Per Month	Year
Simple Start	SAR 71/month	SAR 852/year
Essentials	SAR 105/month	SAR 1,260/year
Plus	SAR 150/month	SAR 1,800/year
Advanced	SAR 285/month	SAR 3,420/year

*Additional costs for ZATCA compliance integrations

Limitations

• Complex interface can overwhelm beginners
• ZATCA compliance requires additional tools like QuiXcel or InvoiceQ

Zoho Books

Overview

Zoho Books is part of the Zoho Corporation suite, an Indian multinational technology company. It offers cloud-based accounting solutions integrated with other business applications.

Key Features

• Arabic e-invoicing capabilities
• Inventory and basic payroll features
• Integration with other Zoho products

Pricing

Plan	Per Month	Year
Standard	SAR 69/month	SAR 828/year
Professional	SAR 129/month	SAR 1,548/year
Premium	SAR 159/month	SAR 1,908/year
Elite	SAR 349/month	SAR 4,188/year
Ultimate	SAR 799/month	SAR 9,588/year

Wafeq

Overview

Wafeq is a UAE-based cloud accounting platform founded in Dubai in 2019. It provides modern financial management solutions with focus on Middle East regional compliance features.

Key Features

• Electronic invoice generation with ZATCA Phase 2 compliance
• Financial reports available in both Arabic and English
• API connections with Saudi e-commerce and restaurant management systems

Pricing

Plan	Per Month	Year
Starter	SAR 99/month	SAR 1,188/year
Plus	SAR 119/month	SAR 1,428/year
Premium	SAR 199/month	SAR 2,388/year

Odoo

Overview

Odoo is a Belgian company that develops open-source business software. It offers a comprehensive suite of enterprise resource planning applications including accounting modules.

Key Features

• Modular ERP design
• Customizable accounting features
• Arabic support available

Pricing

• No specific pricing available
• Approximately USD 20 per user per month

Limitations

• Steep learning curve due to complexity
• May require technical expertise for setup and maintenance

SMACC

Overview

SMACC is a Saudi Arabia-based company developed by Arab Sea Information Systems since 1986. It provides cloud-based accounting and ERP solutions with deep understanding of the Saudi business environment.

Key Features

• ZATCA-compliant e-invoicing
• Multi-branch accounting capabilities
• Arabic and English interface

Pricing

• Pricing not publicly available
• Contact required for quotes

Qoyod

Overview

Qoyod is a Saudi Arabia-based cloud accounting platform founded in 2016. It offers accounting and business management solutions for small and medium enterprises in the Saudi market.

Key Features

• ZATCA-approved e-invoicing system
• Basic inventory and expense management
• Cost center analysis

Pricing

Plan	Per Month	Year
Basic	SAR 96/month	SAR 1,152/year
Pro	SAR 144/month	SAR 1,728/year
Advanced	SAR 184/month	SAR 2,208/year

Daftra

Overview

Daftra is an Egypt-based ERP software company founded in 2017. It provides cloud-based business management solutions with accounting modules as part of its broader enterprise resource planning suite.

Key Features

• General accounting and financial management
• Basic inventory tracking
• Multi-language support

Pricing

Plan	Per Month	Year
Basic	SAR 95/month	SAR 1,140/year
Advanced	SAR 155/month	SAR 1,860/year
Premium	SAR 225/month	SAR 2,700/year