What Kept does
This page says plainly what Kept does now. You can trace every figure back to where it came from.
Tax invoices and credit notes (which correct or cancel part of an invoice) follow the UAE e-invoicing data model and are numbered in order. Customers and suppliers share one contact list, so the same contact works for both sales and purchases.
Tax codes are set per emirate. The VAT return is worked out from your books. Before you rely on a figure, you can open any box and see the records behind it.
Kept first prepares your financial statements under IFRS for SMEs (the accounting standard for smaller companies). Your corporate tax is then worked out from the profit they show. Each adjustment has its reason noted.
Import bank statements. Kept checks them so nothing comes in twice. Match each line to its invoice or bill, and set rules that sort payments that repeat.
Supplier bills, purchase orders, staff expense claims, salaries and end-of-service gratuity, long-term assets such as equipment and their loss of value over time, stock counts, budgets and costs per job. All of it sits in the same books.
Invoices in other currencies use that day's exchange rate. At year end, amounts still unpaid are updated to what they are worth then. If the rate changes between an invoice and its payment, Kept records the difference.
Work in Arabic or English. Arabic navigation, tables and reports read from right to left.
Kept records who changed what and when. Once an entry is in your books, it is not edited. A correction cancels it with an opposite entry, so the history of every figure stays intact.
These sentences matter as much as the list above.
Keep reading
Kept is launching soon in the UAE. Leave your name and email and we will write to you before it opens.
