Category Archive for : ‘Software’

By Mukesh Bathija
Why accounting software is needed in UAE post VAT?
February 24, 2019

Since introduction of VAT in January 2018, businesses in UAE and Saudi Arabia, are being compliant and keeping their accounting and financial systems up—to-date.  In case, companies fail to do so, they are subjected to penalties, under Section 25 of Federal Law No.7.

Government has clearly stated that a business owner is solely responsible for adhering to all VAT requirements.  To be VAT compliant in UAE:

Businesses need to configure necessary changes to their financial management processes
Book-keeping software and accounting staff of their company needs to fulfill all

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By Mukesh Bathija
Technoid: My entrepreneurial journey so far!
January 31, 2017
Decision Making and flexibility, an opportunity to possess service methods that are customer-friendly having measured quality standards - This is what entrepreneurship means to me! I chose Technoid, the name, to represent my entrepreneurial venture. Technoid gave me the wings to fly high and demark my limits! It’s been over a year, and when I [...] Read more