A Saudi cloud platform for managing operations and data

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A solid financial foundation

Accounting that adapts to how your organisation works

01

Customization

The system features exceptional flexibility, allowing you to customize settings and tools to suit your business needs.

02

Ease

A user-friendly interface and precise automation make accounting management easy, even for beginners.

03

Report Accuracy

Detailed and comprehensive reports on financial performance, including revenue, expenses, and future forecasts.

From recording to decision

Four core functions covering the financial cycle

01 / A Flexible, Governed Chart of Accounts with Shumoul

Innovation in Setting Up the Chart of Accounts

Shumoul offers a unique experience for setting up the chart of accounts with unlimited levels to suit the size and nature of your business. It supports automatic account numbering through advanced settings designed specifically to simplify the numbering process. You can also link accounts to customers, suppliers, projects, and cost centers, making it easier to track all financial transactions accurately and analyze financial performance across multiple levels.

02 / Your Accounting Entries Are More Comprehensive with Shumoul

Accounting Entries with Diverse Transactions

The ability to customize accounting entries based on a variety of financial transactions, whether payments, revenue, purchases, or sales. The system allows users to specify accounts associated with each transaction accurately, ensuring that each accounting entry is tailored to the type of transaction. This facilitates the preparation of financial reports and analysis of the company's financial performance, including all types of transactions accurately in the accounting records.

03 / Continuous Financial Control

Integrated Cash-Flow Management

Ease and accuracy in recording expenses and receipts, supporting cash, bank, or account-based payments. The system supports classifying financial documents, attaching supporting documents, and tracking cash flows in real-time, helping you manage liquidity effectively and plan finances accurately.

04 / Account Statement with Custom Transactions

Unified Account Statements Ready for Analysis

Ease and accuracy in printing account statements, where users can print statements based on a range of options (account, cost center, customer, supplier, analytical account, project, period), with support for multiple levels of auditing on the account statement.

Financial visibility

Accurate Financial Reports .. Smart Decisions

A dashboard that displays accurate analytical reports, giving you comprehensive insights into your company's financial performance. You can access summary and analytical reports that help understand financial trends and make strategic decisions.

A connected accounting cycle from document to close

  1. 01Transactions
  2. 02Entries
  3. 03Review
  4. 04Reports
  5. 05Decision
System capabilities

More Features

Shumoul is an integrated accounting system designed to provide a variety of additional features that give you comprehensive control over your finances, accurate reporting, and smart integration in all your financial processes.

20financial and accounting capabilities
01

Chart of Accounts

The system allows creating a flexible chart of accounts with unlimited levels, enabling companies to organize accounts hierarchically to reflect their financial and administrative structure.

02

Dynamic Account Numbering

The ability to configure account numbers automatically according to custom rules, with support for sequential or hybrid numbering to suit each institution's needs.

03

Integration with Customers and Suppliers

The ability to link accounts directly to customer and supplier files, ensuring automatic updates of receivables and payables and achieving integrated financial management.

04

Classification by Cash Flows

The ability to divide the chart of accounts based on incoming and outgoing cash flows, helping to analyze financial liquidity and prepare cash flow reports easily.

05

Project Management and Linking to Accounts

Support for assigning accounts to specific projects, helping to track revenue and costs for each project separately and analyze profitability accurately.

06

Cost Centers

Linking cost centers to all financial operations, invoices, expenses, or revenue, provides accurate analysis of spending and revenue sources and helps you improve cash management.

07

Financial Periods

Shumoul's accounting management system supports working on multiple fiscal years simultaneously and allows automatic transfer of account and inventory balances between fiscal years.

08

Multi-Currency Transactions

The system supports recording accounting entries, receipts, and payments in different currencies at the account level, with automatic currency conversion.

09

Documentary Credits

Credits are set at the document level by defining approval paths and linking them to employees, ensuring operational efficiency and automated task completion.

10

Cash and Bank Management

The system provides integrated management of all bank accounts, reconciling bank statements, and tracking cash flows to provide a clear view of the financial position.

11

Opening Balances for Accounts

Shumoul offers a unique experience for managing account opening balances through an easy interface that provides multiple transactions to link with the account's opening balance.

12

Accounting Entry

The ability to create, modify, and post accounting entries automatically, with accuracy and balance verification to ensure compliance with international accounting standards.

13

Receipt Voucher

Ease and flexibility in recording receipt vouchers, linking the voucher to various transactions such as customers, suppliers, projects, representatives, marketers, cost centers, and fixed assets.

14

Payment Voucher

Recording payment vouchers with a tracking log for voucher status from review to approval to posting to auditing, with support for customizing transactions to align with business needs.

15

Automatic Bank Reconciliation

Automatically matching financial transactions between the system and bank statements, reducing errors and speeding up financial reconciliation processes.

16

Taxes

Setting up tax periods and calculating and preparing tax reports such as VAT and income tax, with integration with local and international tax systems.

17

Budget and Financial Planning Management

Preparing, analyzing, and controlling budget estimates for accounts and cost centers, comparing actual performance with planned budgets to improve financial planning.

18

Trial Balance

The trial balance report supports multiple display levels, allowing you to browse total balances or detailed sub-accounts, providing accurate analysis of account movements.

19

Income Statement

Provides a detailed breakdown of revenue and expenses by different categories, enabling you to identify the most profitable activities and expenses that need rationalization or adjustment.

20

Balance Sheet

The balance sheet report in Shumoul provides a comprehensive overview of the company's assets, liabilities, and equity at any moment, helping you assess the financial position accurately and quickly.