Firm launches cloud accounting software

Zoho, the leading information technology and business management software conglomerate, has launched Zoho Books, its cloud accounting software for automating business finances and helping businesses stay Value Added Tax (VAT) compliant as businesses in the Kingdom prepare for the VAT implementation.

The cloud accounting software which was launched yesterday in Bahrain is designed to help businesses automate accounting, invoicing, and back-office operations while complying with the VAT regulation with the aim to make it easy for them to seamlessly migrate to the new tax law and stay compliant in all aspects of their business.

Commenting on the product, Prashant Ganti, Head of Product Management, Global Tax, Accounting and Payroll Solutions at Zoho Corp, told Tribune, “With the experience gained from bringing out exclusive tax-specific editions for the United Arab Emirates (UAE) and Saudi Arabia (KSA), Zoho Books is ready to extend the same opportunity to Bahrain and help thousands of business owners with their accounting and tax filing needs. Having dealt with the VAT implementation in UAE and KSA, Zoho Books is well-equipped and experienced to guide businesses in Bahrain now.”