Tax
Your default tax: in Settings under Financial, turn on Add tax to new documents and enter the rate. It’s applied to every new document automatically.
Tax on one document:
- When you create it: in Tax, pick No tax, VAT 15%, or a tax you added yourself.
- In the editor: under the items, turn Add tax on or off, and pick the Tax rate: VAT 15% or Tax 5%.
Muqtarah calculates the subtotal, the tax amount and the total automatically whenever you change the items.
Taxes with your own names: add a tax with a name and rate in Settings under Financial, in Other taxes, or with Add a custom tax when you create a document. It’s saved to your account for all your future documents.
Tax numbers
- Your tax number goes in Settings under Personal info.
- Your client’s tax number goes on their card in Clients.
You can hide either of them from a specific document in the Client section settings in the editor.
Muqtarah isn’t an accounting system and doesn’t issue e-invoices connected to ZATCA’s Fatoora platform (no QR code or XML file). Meeting the tax and invoicing requirements in your country is your responsibility.
Currencies
Available currencies: Saudi Riyal, UAE Dirham, Kuwaiti Dinar, Qatari Riyal, Bahraini Dinar, Omani Riyal, US Dollar and Euro.
- A document’s currency: your default currency at the time you create it. Change it in Settings under Financial, in Default currency.
- How the currency is displayed: in Settings under Preferences, in Currency display: the code (SAR), the symbol (﷼) or the name (Saudi Riyal).
Need one document in a different currency? Change your default currency, create the document, then switch it back.
Dates and numbers
- Document date: starts as today, and you change it in the Date field at the top of the document.
- Calendar: in Settings under Preferences, choose Gregorian, Hijri or both.
- Numbers: in the same place, choose 123 or ١٢٣.
- Proposal validity: set Valid for in days in the editor, and your client sees the date it expires.
