Inventory & FIFO COGS
Track stock on a first-in-first-out basis so cost of goods sold reflects the actual cost of what you moved, not a rough average.
Trading & wholesale · UAE
Accounting software for UAE trading & wholesale
Value stock on FIFO, capture landed import costs, run purchase and sales orders, chase receivables, and file VAT — so your gross margin is always real and your cash is under control.
Trading margins live and die in the inventory
For a trader or wholesaler, the books are inseparable from the stock. Get inventory valuation wrong and every margin, every VAT return, and every balance sheet is wrong with it. Add imported goods with freight and duty, a long cash cycle between paying suppliers and collecting from customers, and orders flowing through quotes and delivery notes — and spreadsheets stop coping fast.
AIMuhaseb is built for that reality. It values stock on FIFO, folds landed import costs into inventory, drives purchase and sales orders, and surfaces aged receivables and payables so you can manage working capital — all with the right VAT and proper IFRS double-entry books underneath.
What you get for your trading business
The workflows a UAE trader or wholesaler needs — from purchase order to VAT return.
Purchase & sales orders
Raise purchase orders and sales orders, convert them to bills and invoices, and keep quotations and delivery notes in one place.
Import & landed costs
Record freight, duty, and clearing against your purchases so imported stock is valued at its true landed cost.
Aged receivables & payables
See who owes you and who you owe at a glance, chase overdue accounts, and manage supplier payment timing.
VAT on trading
Apply the standard 5% VAT to sales and purchases, capture input VAT, and generate a VAT 201 return from the ledger.
Live margin & reports
Real-time Trial Balance, P&L, and Balance Sheet on IFRS double-entry books, so gross margin by the numbers is always current.
From purchase order to filed VAT
A clean cycle from buying to reporting.
01
Set up your business
Add your TRN, fiscal year, and a UAE-ready chart of accounts with inventory and cost-of-sales lines in place.
02
Purchase & stock in
Raise purchase orders, book supplier bills with landed costs, and receive goods into FIFO inventory.
03
Sell & invoice
Convert sales orders to invoices with VAT, and let cost of goods sold flow through automatically.
04
Report & file
Track aged receivables and gross margin on the live P&L, and generate a VAT 201 return for the FTA.
Why traders choose AIMuhaseb
Accurate stock, real margins, and controlled cash — with VAT handled on books you can trust.
- FIFO inventory so cost of goods sold is accurate, not estimated
- Purchase orders, sales orders, quotations, and delivery notes
- Landed-cost capture so imported stock is valued correctly
- Aged receivables and payables to manage cash across the cycle
- Standard 5% VAT handling with a one-click VAT 201
- An AI assistant that categorises entries and drafts journals for approval
Trading accounting questions
How does AIMuhaseb value inventory?
AIMuhaseb tracks inventory on a first-in-first-out (FIFO) basis. As you sell, the cost of the oldest stock flows into cost of goods sold, so your gross margin reflects what you actually paid for the goods you moved rather than a rough average.
Can I raise purchase orders and sales orders?
Yes. You can raise purchase orders and sales orders and convert them into bills and invoices, and you also have quotations and delivery notes — the full documents a trading or wholesale business uses across the buy-and-sell cycle.
How do I account for import and landed costs?
You record freight, customs duty, and clearing charges against the related purchase, so imported stock is valued at its true landed cost. That means your inventory value and cost of goods sold include the real cost of getting goods into your warehouse, not just the supplier’s invoice.
How is VAT handled for trading and wholesale?
AIMuhaseb applies the standard 5% VAT rate where it applies to sales and purchases and captures the input VAT you can recover, then produces a VAT 201 return for filing to the FTA via EmaraTax. VAT on imports and exports can involve specific mechanisms such as the reverse charge; where you are unsure how a particular transaction should be treated, confirm the correct treatment with your tax adviser or the FTA and apply it in the software.
Can I keep on top of who owes me?
Yes. Customer and vendor profiles with aged receivables and payables show overdue accounts at a glance, so you can chase debtors and plan supplier payments to keep working capital healthy.
Enquire
Talk to us about your trading business
Tell us about your stock and cycle — inventory, purchase orders, imports, receivables, or VAT. A UAE specialist will get back to you shortly.