Features

Wafeq features

Explore Wafeq's features, built to take the manual work out of your accounting.

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Everything Wafeq can do for your books

Pick a feature to see how it works and what it takes off your plate.

AI & automation

AI-powered inbox

Your inbox, with an AI agent that does the data entry

Forward supplier bills and receipts by email or WhatsApp. Wafeq's AI agent reads them and prepares draft bills and expenses for you to review.

Read more: AI-powered inbox

AI-powered data extraction

AI data extraction for every document

Upload invoices, bills and receipts, and Wafeq's AI reads the contact, dates, line items, tax and totals into a draft for you to approve.

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Automatic reconciliation

Bank reconciliation where AI does the matching

Wafeq's AI matches each bank transaction to its invoice, bill or payment and tells you why. Approve the matches in one click.

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Bookkeeping & compliance

Approval workflows

Review every document before it posts to your books

Add a review step before documents post to your books. Choose who submits, approves and posts, and keep every action in the document history.

Read more: Approval workflows

Bulk reclassification

Move entries to the right account in one go

Reclassify journal entries in bulk: move lines booked to the wrong account in one batch, preview what changes, and keep an audit trail. Free to start.

Read more: Bulk reclassification

Fixed assets

Track every fixed asset's book value, month by month

Keep a register of your fixed assets, run depreciation up to any month and see each asset's book value.

Read more: Fixed assets

Smart VAT monitoring

Know when it's time to register for VAT

Wafeq totals your last 12 months of sales every week and tells you when you can, and when you must, register for VAT.

Read more: Smart VAT monitoring

Operations & growth

Manufacturing

Manufacturing ERP inside your accounting

Run bills of materials, production orders and work in process, from raw materials to finished items, and see what every unit really costs.

Read more: Manufacturing

Multi-entity accounting

Run every company in your group from one place

Keep separate books for each company, with its own currency, VAT and users, then get one consolidated P&L for the whole group.

Read more: Multi-entity accounting

Payout automation

Pay many suppliers in one go

Streamline bulk payments directly from your accounting app with automated approvals and secure integrations with leading banks.

Read more: Payout automation

Customization

Make every document fit how you work

Add your own fields to invoices, bills, items and contacts, and design how every document looks with the Advanced Customization add-on.

Read more: Customization