Cloud-Based Accounting Software for Your Business

Create & manage invoices, quotations, credit & debit notes, and more.

Track expenses, manage inventory and warehouses, and streamline your financial operations.

Generate financial reports like profit & loss statements, balance sheets, tax summaries & more, effortlessly.

Collaborate with your accountant and team members in real-time—anytime, anywhere.

⭐Rated 4.8 based on 7936+ ratings with 300K+ businesses
Accounting Software

Smarter Accounting, Built for Your Success

Take full control of your business finances with Refrens cloud-based accounting software. Access your financial data securely, automate your workflow, and gain real-time insights to make informed decisions. Our scalable software adapts to your business needs, helping you stay organized and efficient—no matter where you are.
Cloud-Based Accounting Software
Simplified, automated, and tailored for businesses across the globe.

The Complete Online Accounting Solution for Growing Businesses

Manage finances, track transactions, and stay ahead with smart automation.
Refrens Cloud Accounting Software
All-in-One Cloud Accounting

Manage your finances seamlessly with our intuitive accounting platform. Create and send invoices, estimates, and receipts instantly via email or WhatsApp. Customize templates, automate recurring invoices, and stay on top of payments with smart reminders. Easily handle multi-currency transactions and maintain organized ledgers without hassle.

Online Accounting Software Features - Refrens Books
Inventory & Expense Management

Keep your finances in check with smart inventory and expense tracking. Avoid overstocking or shortages with real-time stock updates. Track business expenses effortlessly and optimize warehouse management to maintain financial clarity.

Online Accounting Software - Roles & Permissions
Secure Role-Based Access

Control who has access to your financial data with customizable role-based permissions. Assign specific rights to team members based on their responsibilities, ensuring security while maintaining seamless collaboration.

Cloud Based Accounting Software - Financial Reports PDF
Automated Financial Reports

Generate financial reports including profit & loss statements, balance sheets, and trial balances in just a few clicks. Get accurate insights to make better business decisions and track your company’s financial health with ease.

Tax Compliance Report
Tax Compliance Made Simple

Easily generate tax summaries and financial statements, ensuring compliance with local tax regulations. Automate report generation, minimize errors and simplify tax filing, no matter where your business operates.

Online Accounting Software Features - General Ledger
Comprehensive General Ledger

Monitor all your financial transactions in real-time with a detailed general ledger. Stay updated on all your income, expenses, assets, and liabilities for complete financial transparency.

Accounting Software Trusted by Industry Leaders

Refrens Online Accounting Software Rating and Review - Refrens Books

Advanced Accounting Software for Smarter Business Operations

Online Accounting Software - Audit Trail
Audit Trail for Transparency

Track every transaction in real-time with a detailed audit trail. Ensure financial accuracy, review changes, and maintain compliance effortlessly.

Online Accounting Software - Balance Sheet
Easy Balance Sheet & Trial Balance Generation

Create professional balance sheets with a clear view of assets, liabilities, and equity. Generate and review trial balances to ensure accurate bookkeeping and quick error detection.

Cloud Based Accounting Software - Financial Reports PDF
Effortless Financial Statements in PDF

Download financial reports, income statements, and cash flow summaries in PDF format with just one click. Present professional reports to stakeholders and make data-driven decisions confidently.

Accounting Software - Manual & Journal Entries
Smart Journal Entries

Record both manual and automated journal entries with ease. Keep track of transactions and adjustments for accurate financial reporting.

Security & Data Backup Feature - Cloud-Based Accounting Software
Secure Cloud Storage & Backup

Your financial data is secure, backed up, and accessible whenever you need it. With advanced encryption and role-based access, you stay in control while ensuring business continuity.

Online Accounting Software Features - Refrens Books
Reliable, User-Friendly, and Fully Supported

Designed for businesses of all sizes, Refrens’ accounting software is simple, intuitive, and reliable. Need help? Our 24/7 support via chat, email, and phone ensures you always have the guidance you need.

Online accounting software with flexible pricing options

Only pay when you need premium features
Refrens Free Plan
Free PlanStart using Refrens for free and pay as your business grows. Explore all its features without any initial cost.
Refrens Premium
Premium PlanManage your accounting at faster pace with additional premium features at minimal cost.

Download Refrens Cloud Accounting App

Download Invoice Maker App - Refrens Invoice

Frequently Asked Questions (FAQ)

The best accounting software depends on your specific business needs, preferences, and budget. Refrens is a popular choice for many businesses due to its user-friendly interface, comprehensive features, and affordability. However, there are many other accounting software options available, each with its own strengths and suitability for different types of businesses. It's essential to evaluate your requirements and compare features before selecting the best accounting software for your business.

We take utmost care of data security & privacy. Our systems are frequently updated with the latest security updates to ensure that your data is safe and secure. Do check out our detailed privacy policy here.

Yes, we provide instant & reliable support over chat, email, and phone. We will also provide a dedicated account manager to help you out whenever required.

Yes, Importing your data from other accounting systems is super easy. However, if you need a helping hand, do reach out to us on chat support or at care@refrens.com.

Absolutely! Our software is designed to seamlessly adapt and scale alongside your business, ensuring that it meets your evolving needs at every stage of growth. We are also committed to continuously enhancing the software by rigorously adding new features, functionality, and improvements so that your business can always stay ahead of the curve.

As your business expands, our software can accommodate an increasing number of users, manage larger volumes of data, and handle more complex tasks without compromising on performance or efficiency. We regularly update our software to incorporate new technological advancements, industry best practices, and customer feedback, ensuring that you always have access to the latest and most innovative solutions.

Additionally, our cloud-based infrastructure offers unparalleled scalability and reliability, with the ability to adjust resources on-demand to cater to your business's specific needs. This means that you can be confident that our software will support your growth without any disruption or downtime.

While accountants may use a variety of accounting software depending on their clients' needs, Refrens is a popular choice among accountants for its robust features tailored to streamline financial management. With Refrens, accountants can efficiently handle invoicing, expense tracking, financial reporting, and more, all within a user-friendly interface. Its cloud-based platform allows for easy collaboration with clients, while its advanced security measures ensure data confidentiality. Overall, Refrens is a versatile tool that empowers accountants to deliver high-quality financial services to their clients effectively.

Accounting software UAE

We have all seen flourishing industries in the United Arab Emirates, but the taxation scenario is the complete opposite. It is a mix of regulatory complexity, manual inefficiencies, and the ever-looming threat of FTA audits. Businesses, spanning from freelancers to multinational corporations, face taxation issues related to VAT compliance, multi-currency chaos, and payment delays. This creates a gap for tools that can bridge the issues faced by business owners and the expectations the government holds from them.

In the following piece, we would be discussing the main issues faced by the citizens and how Refens, as an accounting software, deals with the complexities and provides easy means for financial issues.

1. E-Invoicing Mandates & Penalties

Since 2018, the UAE Federal Tax Authority (FTA) has implemented stringent VAT and e-invoicing rules. Some basic requirements include: 14-digit Tax Invoice Numbers (TINs) QR codes on all invoices Arabic/English bilingual invoices 5-year digital archiving With that, there are also rules regarding violations, for the first time and repeated offenders, which can be again summarized as: AED 5,000–50,000 per non-compliant invoice Commercial license suspension for repeat offenders

How Refrens tackles this:

Unlike other basic accounting software out there, Refrens auto-generates FTA-compliant invoices with TINs, QR codes, and dual-language support. Furthermore, it also allows the users to store invoices securely for 5+ years with tamper-proof encryption, hence bringing data security into the equation. By providing these features, Refrens establishes itself as the main option when having to file taxes in the UAE.

2.Issues with manual invoicing

Even in this era of digitization, 57% of UAE businesses still manually create invoices in Excel/Word, according to (KPMG UAE, 2023). While it might be a traditional and comfortable method, it might not be the best one out there, given the technological advancements in the landscape. Some highly encountered issues when manually working with invoices are: 18+ hours wasted monthly on corrections 5% error rate in amounts, VAT, or client details, which causes either issues in audit trails or leads to a deeper issue of repeating the whole process.

How Refrens tackles this:

Refrens aims to put away the boring, mundane, and repetitive sub-tasks while working with finances. It allows the user to focus on issues that actually matter. This is highly done by one-click invoice generation from quotes, contracts, or sales orders. Thus, making a boring, nerdy task into a simple and short one.

With that being said, Refrens does not just figure out efficient solutions to some existing accounting problems. Instead, it aims to make the lives of its customers better by bringing in some fresh features that make the process a lot simpler and easier. To mention a few of these:

1. Reverse charges:

To mitigate the risk of double taxation in cross-border transactions, businesses must ensure strict adherence to reverse charge mechanisms and maintain accurate documentation of VAT compliance. Proper verification of supplier VAT registrations and the use of automated invoicing solutions can prevent misapplications, safeguarding against unnecessary fiscal liabilities and ensuring seamless compliance with UAE tax regulations. Adopting these best practices promotes efficient international trade while maintaining full alignment with GCC VAT frameworks.

2.Payments Links and Cash Flow:

According to one of the studies, about 68% of the invoices are paid late. If you investigate the reasons for the same, the root cause for the issue lies in either one of these three things. No payment links in the invoices, leading to late payments as clients will be using manual bank transfers for the process. No reminders, which further lead to forgotten invoices and late payments. Partial payments, which cause reconciliation chaos.

These are just some small things. But when you look at it from the perspective of FTA, these are fatal mistakes. Things that can get you fined. This again signifies the importance of having a shield that can protect you from such unexpected setbacks. Again, if you consider options in the current landscape, none of them come close to Refrens.

Refrens embeds payment links into invoices, allowing clients to pay through Stripe, Tabby, Apple Pay, and Bank transfers in a single click. Furthermore, it also has the functionality to send automated repeated reminders to clients in case of missed payments. The frequency and the limit of the same can be customized. And finally, it has a payment tracking system, which helps you follow up on partial payments and the expenses that have occurred so far.

3. One-stop solution for all businesses

When such a good tool is out there, one might expect it to just focus on some target group in the market. They might work for all the classes, but their main focus might be limited to some group of people. However, that is not the case with Refrens. Refrens provides seamless ERP and accounting software integration with other tools in the market. Following this, the pipeline will sync seamlessly, giving a more personalized touch to your financial matters. Secondly, the automation saves almost 20+ hours per month on average and maintains exhaustive logs. The audit trail logs every edit, approval, and payment.

To elaborate further on Refrens motto of making financing easy for everyone, it allows expense tracking and makes invoicing simple, making it easy for freelancers to figure out the taxes. Furthermore, it allows multi-user access and an inventory sync which are mainly used by Small and Medium Enterprises. Finally, it has custom workflows and VAT group support which are mainly used by big enterprises. All this, with 24/7 customer support makes Refrens the perfect option to invest in, to stay ahead of the curve and get your invoices done in the best possible manner in UAE.




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