Automatic Double-Entry — Accounting Accuracy Without Effort
Qayd applies the global accounting standard (double-entry) automatically with every transaction. The balance sheet always balances — without knowing anything about debits and credits.
What is double-entry accounting?
Every financial transaction has two sides: what comes in and what goes out. When you sell goods, cash increases in the register and inventory value decreases. Qayd records both sides automatically with every transaction.
Why does double-entry matter for your business?
Double-entry ensures your numbers are accurate: if the balance sheet balances, every transaction was recorded correctly. Single-entry (like a simple expense log) doesn't catch errors until it's too late.
Automatic account classification
Qayd knows the difference between rent, goods purchased, and employee salary. It classifies every transaction into the right account automatically based on what you said or wrote.
How it works
By voice or text in Arabic.
It identifies the transaction type and selects the right accounts.
Debit and credit are posted to the appropriate accounts.
Balance sheet and income statement ready at any time.
Double-entry in simple words
Imagine you have two pockets: when you take money from one pocket and put it in another, the total doesn't change. Double-entry works the same way: every transaction removes value from one place and adds it in another. The balance sheet is always zero.
This simple principle is the foundation of all professional accounting worldwide for 500 years — and Qayd applies it automatically with every transaction you record.
Frequently Asked Questions
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