Accounting

Juleb Accounting is a cloud-based accounting software designed for the pharmaceutical and distribution sectors. It manages invoices, payments, expenses, accounts payable and receivable, and bank synchronisation in real time, while maintaining compliance with accounting standards, government regulations, and tax codes including ZATCA e-invoicing requirements in Saudi Arabia.

The module can operate as part of Juleb's broader platform — integrating with inventory, purchases, B2B sales, and point of sale modules — or it can be used independently, depending on business needs. It is intended for businesses that require a unified view of financial health alongside strong regulatory compliance tools.

Core Accounting Capabilities

• Comprehensive Ledgers: Captures all transactions and serves as the primary source for financial reports, providing a complete view of financial health.
• Fixed Assets: Tracks and manages fixed assets including depreciation, acquisitions, and valuations for accurate reporting.
• Cash Flow and Credit Management: Monitors cash flow with credit controls and real-time payment tracking.
• Chart of Accounts Control: Maintains a structured Chart of Accounts with enhanced controls to support accurate reporting.
• Bank Reconciliation: Manages bank transactions and reconciliations for precise financial records.
• Budgeting: Supports budget planning and monitoring as part of the financial management workflow.
• Diverse Payment Options: Supports payment processing, automated reconciliation, and management of post-dated checks.

Financial Reporting

• Income Statement: Tracks revenues and expenses over a given period.
• Balance Sheet: Provides a snapshot of assets, liabilities, and equity.
• Trial Balance: Summarises all ledger account balances.
• Cash Flow Statement: Reports on cash inflows and outflows.
• Equity Report: Tracks changes in owner equity.
• Partner Ageing: Monitors outstanding receivables and payables by partner.
• Reports can be scheduled for delivery at regular intervals to keep teams updated on VAT and other financial metrics.

Compliance and Tax Management

• Supports compliance with ZATCA e-invoicing requirements in Saudi Arabia.
• Includes VAT management features to help businesses meet Saudi Arabia's VAT obligations and avoid non-compliance penalties.
• Aligns financial processes with accounting standards, government regulations, and internal policies.
• Provides tools for monitoring and reporting on tax positions in real time.

Integration and Inventory

• Automatically syncs inventory updates with financial records for accurate stock management and financial reporting.
• Integrates with Juleb's inventory, purchases, B2B sales, and point of sale modules for real-time cross-module insights.
• Provides immediate access to sales and receivables values as well as purchase and payables values.
• Supports real-time inventory valuation within the accounting module.

Security and Configuration

• Includes customisable user access controls to protect financial data.
• Offers flexible configurations to adapt to different business structures and requirements.
• Supports automation of key financial processes to reduce manual effort and back-office costs.

Analytics and Cost Control

• Provides access to critical financial metrics including profitability ratios, inventory margins, liabilities, fixed assets, taxes, and cash positions.
• Supports in-depth cost analysis and expense monitoring.
• Delivers actionable and tailored reports to support business decision-making.

Juleb Accounting integrates with hardware including the Alhamrani and Geidea POS payment terminals, and connects with the My Aster App. It also supports integrations with compliance frameworks such as ZATCA, GS1, and Fatoora, as well as e-commerce platforms including Salla and Shopify, and the Wasfaty aggregator platform used in Saudi Arabia's pharmacy sector.