Product Updates

New Product Features [February-2024]

At Wafeq, our mission is to deliver seamless accounting solutions that adapt to the dynamic needs of your business. We're pleased to announce our latest features for February 2024, which have been developed to enhance user experience and provide even more detailed financial insights. Explore the new updates that will make managing your accounts more intuitive and personalized.

Table/List View Layout Fix

Our latest update introduces significant improvements to the table/list view layout within Wafeq. With enhanced layout configuration flexibility, users can now customize their dashboard view to suit their specific needs and preferences.

Key Benefits:

  • Customizable Viewing Experience: Modify the layout of your financial tables to ensure the most important data is visible at a glance.
  • Efficiency and Accessibility: Navigate through your financial information more efficiently with an interface that’s tailored to your workflow.
  • User-Centric Design: We’ve listened to your feedback and implemented changes that make your accounting tasks more manageable and less time-consuming.

Added Branch to Manual Journals

Recognizing the importance of precise accounting for businesses with multiple branches, we have integrated a new feature that allows you to add branch information directly to manual journals. This enhancement simplifies the process of tracking and analyzing the financial activities of each branch.

Added Branch to Manual Journals

Key Benefits:

  • Streamlined Branch Accounting: Easily assign financial entries to respective branches, enabling more accurate tracking and reporting.
  • Enhanced Organizational Structure: Keep your accounts organized by branch, improving clarity and control over the financials of your multi-branch business.
  • Compliance and Reporting Accuracy: With branch-specific journal entries, prepare more precise financial statements and maintain compliance with ease.

Latest Updates from Wafeq

In addition to the main updates for February, we're also introducing a series of enhancements to further streamline your financial operations:

Enhanced Bulk E-Invoicing:

Enjoy a more intuitive interface with a status bar displaying totals by status and new filtering options – making bulk operations smoother than ever.

Streamlined Payment through Bank Transfer:

Our clients in KSA can now benefit from the enhanced bank transfer process, which supports two options: credit card and bank transfer. This streamlined method provides convenience and flexibility for our users.

Custom Financial Year and VAT Rounding Rules:

You can now choose the end date for your financial year and rely on ZATCA-compliant VAT calculations for accurate reporting, ensuring your financial statements meet regulatory standards with ease.

Integration Updates:

We've lifted the sync limit for Foodics, allowing for greater flexibility, and introduced new account and bill payment features with WIO integration, simplifying your payment processes.

These new features are a testament to Wafeq's ongoing commitment to providing cutting-edge tools that empower you to manage your finances with confidence and precision. As your business grows and evolves, Wafeq evolves with you, ensuring that our platform remains your trusted partner in financial management

If you have any questions or require assistance, our dedicated support team is always here to help.