Relying on disparate systems—spreadsheets for inventory, basic accounting software for financials, and manual processes for compliance—is the number one barrier to scaling a business in Dubai. It creates data silos, hinders real-time decision-making, and guarantees non-compliance risk with the Federal Tax Authority (FTA). FrankDigit Accounting Services specializes in the integration and configuration of Enterprise Resource Planning (ERP) systems to unify your finance, inventory, and regulatory reporting into a single, automated source of truth.
We ensure your chosen ERP (Odoo, SAP, Microsoft Dynamics) is implemented with UAE-specific tax logic from day one, transforming manual compliance into system-driven automation. Our dedication to Confidentiality, Transparency, and Integrity (CTI) delivers real-time cost control, audit-ready inventory valuation, and seamless VAT/CT compliance.
An Enterprise Resource Planning (ERP) system is a comprehensive software suite that integrates all core business processes—including finance, inventory, procurement, and HR—onto a single database platform. For businesses in the UAE, a properly configured ERP is a strategic necessity because it:
- Ensures Compliance: Automates the precise application of UAE VAT and Corporate Tax rules directly at the transaction level (e-invoicing, reverse charge).
- Controls Inventory Costs: Provides real-time tracking of stock movements across multiple Free Zone/Mainland locations, ensuring accurate Cost of Goods Sold (COGS) calculation.
- Drives Efficiency: Eliminates redundant data entry and manual reconciliation, freeing up finance teams for strategic analysis.
We configure and customize ERP features to solve the most complex financial and logistical challenges faced by UAE businesses.
| Delieverable | How FrankDigit Delivers |
|---|---|
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End-to-End Tax Automation |
Embedding UAE tax codes (Standard, Zero, Exempt, RCM) directly into the ERP’s master data, automating tax calculation on every sale and purchase order. |
|
Accurate COGS & Inventory |
Implementing sophisticated inventory valuation methods (FIFO, Weighted Average) and tracking stock across multiple physical warehouses for accurate COGS and IFRS compliance. |
|
FTA E-Invoicing Readiness |
Configuring the ERP to automatically generate statutory Tax Invoices and Tax Credit Notes in the FTA-mandated electronic formats (XML/JSON), ready for submission. |
|
WPS & Payroll Integration |
Connecting the HR/Payroll module to the local banking system for automated WPS (Wage Protection System) compliance and salary processing. |
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Financial Consolidation |
Simplifying the consolidation of financial data from multiple UAE subsidiaries or Free Zone branches into a unified set of reports. |
Proper configuration of the inventory and tax modules is essential for minimizing audit risk and ensuring compliance with emerging mandates like e-invoicing.
For trading and manufacturing businesses, inventory is typically the largest current asset, and COGS is the largest expense. ERP integration provides real-time visibility into stock levels, prevents manual errors, and automatically calculates the cost of every item sold. This is vital because the accuracy of your Corporate Tax Return depends directly on the verifiable accuracy of your COGS calculation.
The UAE is continuously enhancing its digital tax infrastructure, including the phased rollout of mandatory e-invoicing submissions to the FTA. We ensure your ERP’s sales and purchase ledger is integrated with the required FTA standards, using digital signatures and automated data field mapping to prevent non-compliant invoices, thereby avoiding fines and streamlining the eventual submission process via EmaraTax.
We provide specialized accounting expertise to ensure your ERP project is a financial success, not just an IT implementation.
- Decode (Process Blueprint): We analyze your entire financial and supply chain workflow, define the technical and compliance requirements (VAT/CT/WPS), and assist in selecting the best ERP solution (e.g., Odoo, Xero-integrated solutions).
- Simplify (Configuration & Mapping): We lead the financial implementation, setting up the Localised Chart of Accounts, configuring tax engine logic, defining inventory valuation rules, and migrating data from your legacy system.
- Automate (Audit & Compliance): We run mandatory user acceptance testing (UAT), verify that the system generates audit-ready financial statements, and ensure that all outputs, including payroll and VAT reports, are fully compliant with FTA requirements.
Is your technology costing you compliance and time? Unify your business for effortless tax and inventory management.
📞 Contact FrankDigit Accounting Services today for expert ERP, Inventory, and Tax Automation.