Accounting built for manufacturing
Track raw materials inventory, send purchase orders to suppliers, manage equipment with fixed asset depreciation, and keep manufacturing finances organized with accounting designed for production businesses.
Track inventory automatically on sales and purchases for raw materials and finished goods
Send purchase orders to suppliers and manage supplier bills
Register fixed assets and run automatic depreciation for production equipment
Key benefits
Trusted by manufacturing businesses across Saudi Arabia & UAE
Inventory tracking for raw materials and finished goods
Purchase orders and supplier bill management
Fixed asset registration and automatic depreciation
Automatic VAT return generation and tax rate management
Manufacturing
Financial challenges manufacturing businesses face
Raw materials stock visibility
Manufacturers depend on timely raw material availability — without inventory tracking, production planning and reorder decisions become unreliable.
Supplier procurement coordination
Multiple material suppliers require structured purchase orders and bill tracking to avoid over-ordering and payment gaps.
Equipment asset management
Production machinery and equipment need depreciation schedules — manual tracking leads to inaccurate balance sheets and tax reporting.
Multi-warehouse operations
Manufacturers often store materials and finished goods across locations — centralized inventory data is essential for fulfillment.
VAT on goods and services
Applying correct tax rates on sales, purchases, and expenses, then preparing VAT returns, requires consistent transaction records.
Procure materials, produce, and track assets
From purchase orders and inventory to fixed asset depreciation, Wafeq keeps manufacturing finances organized in one workflow.
Procurement
Purchase orders and inventory
- Send purchase orders to suppliers and create bills to track payment status.
- Auto-track inventory on sales and purchases for raw materials and finished goods.
Assets & warehouses
Fixed assets and warehouses
- Register fixed assets and run automatic depreciation for production equipment.
- Manage inventory across multiple warehouse locations from one account.
Inventory and procurement
Stock tracking
Track inventory
Auto-track inventory on sales and purchases — ideal for managing raw materials, work-in-progress, and finished goods.
Monitor stock movement as transactions are recorded in Wafeq.
Supplier orders
Create purchase orders
Send purchase orders to material suppliers and track procurement alongside supplier bills and payment status.
- Send POs to multiple suppliers
- Track bills against purchase orders
- Generate Aged Payables reports
Multi-warehouse
Multiple warehouses
Manage inventory across multiple warehouse locations from one Wafeq account.
Visibility across materials, production, and assets
Reports help manufacturing businesses understand inventory, supplier costs, and asset values.
Fixed assets, items, and tax
Equipment
Manage fixed assets
Register fixed assets for production machinery and equipment, and run automatic depreciation schedules.
Product catalog
Items and SKU management
Manage products and materials with SKU, pricing, and tax settings in the Items sheet.
Tax & VAT
VAT rates and automatic VAT returns
Apply VAT tax rates to invoices, bills, and expenses, and let Wafeq generate your VAT return automatically from transaction data.
Reports for manufacturing decisions
Access financial reports that help you understand inventory, purchasing, and asset performance.
Inventory valuation
Review stock levels and inventory value for raw materials and finished goods
Aged payables
Monitor outstanding supplier bills and payment timelines
Fixed asset register
Track registered assets and depreciation schedules for production equipment
Profit & Loss
See revenue, cost of goods, and expenses for overall manufacturing profitability
Streamlined accounting for manufacturing
Wafeq helps manufacturing businesses track raw materials inventory, manage purchase orders and supplier bills, run equipment depreciation, and stay on top of VAT — in one platform.