The road to VAT compliance for the SME
On 1 January 2018, Federal Decree Law No. (8) of 2017 on Value Added Tax (VAT) will come into force. As from 1 January 2018, businesses in the UAE will be subject to taxes, and responsible for maintaining a proper set of accounts for their organisations, and making regular reports to the government.
Cobweb CompleteFinance is a cloud-based accounting solution built around the Microsoft Dynamics 365 platform , incorporating a financial module add-on module (available only through Cobweb) that provides the funtionality to enable businesses to become VAT compliant.
Cobweb CompleteFinance for the SME
Cobweb CompleteFinance is built around Microsoft's Dynamics 365 Customer Engagement Plan, with the aim to help SMEs achieve the following:
- VAT and associated regulatory compliance
- Digital transformation of business processes
- Utilise a single platform for customer engagement and customer service
Cobweb CompleteFinance has been designed specifically for SMEs, not only as an affordable package, but to give SMEs access to the enterprise technology previously beyond their reach.
Finance & Accounting Software
All the tools needed to maintain company accounts.
Track leads, develop them into opportunities, and convert to orders, then utilise Sales intelligence to grow your business.
Support your customers, increase engagement, and track outstanding requests.
Work orders are fully integrated with Customer Service, work order management and dispatch scheduling is enhanced to provide best-in-class field service.
Project Service Automation
Manage end-to-end customer projects, incorporating scheduling, costing and time-related expenses.
Microsoft Social Engagement
Analyse the sentiments of social networking data. Track sales and service discussions on social channels.
Consultancy Support & Guidance
To help SMEs navigate through the issues and complexities that can arise as an economy transitions from a zero-tax, non-regulated, environment to a tax-regulated and compliance environment. we've put together a financial consultative package (available as Bronze, Silver, Gold, and Platinum).
Delivered by third - party financial consultants, the package incorporates the following financial services:
Up to AED 750,000
AED 750,000 to 2,500,000
AED 2,500,000 to 7,500,000
AED 7,500,000 to 25,000,000
Company Account Setup
Purchase Order Template
Finance & VAT
Accounting & Book Keeping
Receivable / Payables Management
VAT Impact Analysis
Filing VAT Returns
Profit & Loss Statement
Cash Flow Management
Budgeting & Variance Analysis
Audit & Intelligence
VAT Audit (Assistance)
Business Intelligence Reports
Why Cobweb CompleteFinance?
The components Cobweb CompleteFinance are designed to help organisations digitally transform operations across key strategic area. Solution advantages include:
Cloud-based - no on-
Built-in Field Service
Data protected in the
Ensure you always
Cobweb CompleteFinance Packages
Cobweb CompleteFinance is available in four packages (Bronze, Silver, Gold, and Platinum) designed to be selected depending on individual need, and comprising the following technology components:
Dynamics Engagement Plan
Dynamics Team Member
Cobweb VAT Finance Module Users
Cobweb CompleteFinance is designed to support SMEs with their digital transformation.
Other solutions are available to further support businesses in transforming business processes - helping to improve productivity, and enabling better collaboration and communication across the business, with customers, partners and others third-party stakeholders.