Accounting built for retail & ecommerce
Track inventory on every sale, manage product catalogs with SKU and pricing, connect Stripe for online payments, and fulfill orders with delivery notes — accounting designed for retail and ecommerce.
Track inventory automatically on sales and purchases with product SKU management
Connect Stripe to accept payments and automate accounting
Create delivery notes and convert them to invoices for order fulfillment
Key benefits
Trusted by retail & ecommerce businesses across Saudi Arabia & UAE
Inventory tracking on sales and purchases with SKU management
Stripe integration for online payment acceptance
Delivery notes for order fulfillment and invoicing
Automatic VAT return generation and tax rate management
Retail & Ecommerce
Financial challenges retail and ecommerce businesses face
Online payment reconciliation
Stripe and other payment channels generate transactions that must sync with accounting records — manual reconciliation between storefronts and books creates delays.
Inventory and SKU management
Retail and ecommerce businesses manage large product catalogs — without structured item records, stock levels, pricing, and tax settings become inconsistent.
Order fulfillment tracking
Customer orders often ship in stages — delivery notes and invoice conversion must stay aligned with what was actually shipped.
Returns and credit notes
Ecommerce returns and partial refunds require credit notes applied to original invoices — manual tracking leads to revenue reporting gaps.
VAT on retail sales
Applying correct tax rates on invoices, credit notes, and expenses, then preparing VAT returns, requires consistent records across all sales channels.
Sell online and fulfill orders
From Stripe payments to inventory tracking and delivery notes, Wafeq keeps retail and ecommerce finances organized in one workflow.
Online sales
Stripe and invoicing
- Connect Stripe to accept payments and automate accounting sync.
- Create and send invoices, track payments received, and send reminders for outstanding balances.
Fulfillment
Inventory and delivery notes
- Auto-track inventory on sales and purchases with product SKU management.
- Create delivery notes for customer shipments and convert them to invoices.
Inventory and product catalog
Stock tracking
Track inventory
Auto-track inventory on sales and purchases — ideal for retail and ecommerce businesses managing product stock across channels.
Monitor stock movement as transactions are recorded in Wafeq.
Product catalog
Items and SKU management
Manage products and services with SKU, pricing, and tax settings in the Items sheet.
- Set pricing and tax rates per product
- Organize SKUs across retail and online catalogs
- Link items to sales and purchase transactions
Returns
Create and send credit notes
Issue credit notes to customers and apply them to invoices — handle ecommerce returns and partial refunds with proper records.
Visibility across products and sales channels
Reports help retail and ecommerce businesses understand sales, inventory, and fulfillment performance.
Payments, fulfillment, and tax
Online payments
Stripe integration
Connect Stripe to accept payments and automate accounting — reduce manual reconciliation between your storefront and financial records.
Order fulfillment
Delivery notes
Create delivery notes for customer shipments and convert them to invoices when orders are fulfilled.
Tax & VAT
VAT rates and automatic VAT returns
Apply VAT tax rates to invoices, credit notes, and expenses, and let Wafeq generate your VAT return automatically from transaction data.
Reports for retail and ecommerce decisions
Access financial reports that help you understand sales, inventory, and margins across products and channels.
Inventory valuation
Review stock levels and inventory value across products and SKUs
Sales by item
Understand revenue performance by product or SKU
Aged receivables
Monitor outstanding invoices and payment timelines across customers
Profit & Loss
See revenue, cost of goods, and expenses for overall retail profitability
Streamlined accounting for retail & ecommerce
Wafeq helps retail and ecommerce businesses track inventory, connect Stripe for online payments, fulfill orders with delivery notes, manage credit notes, and stay on top of VAT — in one platform.