Accounting software for import and export traders in the United Arab Emirates

The supplier invoice is only part of the story. Sea or air freight, insurance, customs duty, clearing agent fees, port charges and inland delivery all land later, often on separate bills weeks apart. By the time you price the goods you are guessing at margin, and a container that looked profitable on the purchase order quietly loses money.

Some goods are on the water, some cleared and racked, some already allocated to a customer who has paid a deposit. Spreadsheets go stale within a day, so sales promise stock that is not there and the buying team reorders items already sitting on a pallet in the back row.

You buy in US dollars, euros, yuan or rupees and sell in dirhams. Exchange differences between the order date, the payment date and the month end are handled by hand in a spreadsheet, if at all, so supplier balances never quite agree with the statements they send you.

Import VAT, reverse charge entries, standard-rated local sales and zero-rated exports all need supporting documents, and customs declarations and export evidence live in a different folder from your sales invoices. Pulling it together each quarter takes days and mistakes are easy to make.

Raise a purchase order, receive the goods, then add freight, duty, insurance, clearing and handling charges to that consignment. Tallium AI spreads them across the items by value, quantity or weight, so each SKU carries its real cost. Price with confidence and see true gross margin per shipment, per customer and per product line.

Track goods on order, in transit, received and reserved, in as many warehouses and storage locations as you use. Bin and batch tracking means a picker finds the carton without walking the aisle twice, and sales can see availability before promising a delivery date. Reorder points flag items before they run out.

Record supplier bills in the currency they were issued in. Tallium AI converts to dirhams for the accounts, keeps supplier balances in their original currency for easy statement matching, and posts exchange gains and losses automatically as payments go out.

Tax treatment sits on the transaction, not in your head, so standard-rated sales, zero-rated exports and reverse charge purchases stay separated. Scan customs declarations, bills of lading and export proof straight onto the transaction with your phone. Reports summarise the figures you need for your VAT return (VAT201), and your TRN and required details print on every tax invoice. Confirm current rules with FTA or a local tax professional before you file.