Riv-ERP’s compliance with the Zakat, Tax and Customs Authority

An ERP system compliant with the Zakat, Tax and Customs Authority’s systems

Accounting software compliant with the Saudi Zakat, Tax and Customs Authority (ZATCA)

Compliance with the systems of the Zakat, Tax and Customs Authority is no longer an option, but a necessity to ensure business integrity and continuity within Saudi Arabia.

This is where the Wazen accounting program comes in as an integrated solution that helps companies manage their financial affairs with high efficiency, while fully complying with the systems and instructions issued by the Authority.

The Wazen program automates core financial operations, such as issuing invoices, managing receivables, financial reconciliations, and reports, ensuring accuracy, transparency, and ease of review upon request by the Zakat, Tax and Customs Authority.

Compliance with the Zakat, Tax and Customs Authority’s systems

The Wazen program was developed to comply with the regulatory requirements approved within the Kingdom, providing:

• Managing tax invoices according to approved systems
• Organizing financial records clearly and in an auditable manner
• Preparing the financial reports required by the Authority
• Accurately tracking tax and zakat obligations

This helps institutions reduce errors, facilitate review processes, and ensure continuous compliance with regulations.

General Ledger

The Wazen program includes a fully integrated general ledger that serves as the foundation for managing financial operations, by:

• Recording all financial transactions
• Managing accounts receivable and payable
• Tracking bank balances
• Organizing supplier and customer data
• Supporting internal and external audit procedures

The general ledger was designed to be clear, organized, and easy to review in line with the requirements of the Zakat, Tax and Customs Authority.

Ease of use and process management

The Wazen program takes into account the different user levels within the institution, featuring:

• A simple and clear user interface
• Easy data entry and retrieval
• The ability to use the system without advanced accounting experience

This contributes to raising work efficiency and reducing reliance on manual procedures.

Financial analysis and reports

The Wazen program provides financial analysis and reporting tools that help institutions:

• Monitor the financial position in real time
• Prepare the reports required by the Authority when needed
• Support management in making sound financial decisions

The financial reports in the system are accurate, organized, and exportable in compliance with the requirements of official bodies.

Continuous updates and scalability

The Wazen program was designed to be:

• Updatable in line with any regulatory changes issued by the Zakat, Tax and Customs Authority
• Flexible and scalable as business size grows
• Capable of handling a large number of users and financial transactions

This ensures the system’s sustainability and reliability over the long term.

The right solution for institutions within the Kingdom

Whether your institution is small, medium-sized, or in an advanced growth stage, the Wazen program provides the essential tools for managing financial affairs, while complying with the systems approved in Saudi Arabia.