Last Updated
Overview
Naqood offers accounting and tax compliance for UAE freelancers and SMEs, covering invoicing, expense tracking, reporting, and secure record storage. It simplifies bookkeeping and VAT reporting, helping users stay compliant. However, its mobile app lacks advanced features, though its ease of use and automation remain strong benefits.
Overall Rating
Based on 6 users reviews
5
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
Naqood Specifications
- Financial Reporting
- Invoice Management
- Expense Tracking
- Tax Management
What Is Naqood?
Naqood is a cloud-based accounting software platform built primarily for freelancers, small businesses, and SME owners in the United Arab Emirates who need simple but robust financial management solutions. The software offers features such as invoicing, expense tracking, tax compliance, and financial reporting to help businesses stay organized and compliant with UAE Federal Tax Authority (FTA) requirements.
It enables users to automate key accounting tasks, get real-time insights into their finances, and reduce manual bookkeeping effort while ensuring legal compliance.
How Much Does Naqood Cost?
Naqood pricing offers a Starter plan for free, along with a Pro plan starting at 59 AED/month.
Alongside the pricing plans, organizations may incur the following expenses:
- Initial setup and accounting configuration: $200–$1,000 - Company setup, chart of accounts configuration, tax rules, and basic workflow alignment
- Data migration and historical records: $150–$1,200 - Importing prior invoices, expenses, opening balances, and bank statements
- Advanced compliance, payroll and asset management: $300–$1,500/year - Payroll handling, fixed asset tracking, depreciation, and enhanced reporting
Users generally see Naqood as very cost-effective, especially appreciating the free tier and low upgrade cost compared to the compliance value it delivers for UAE-based businesses.
Disclaimer: The pricing is subject to change.
Naqood Integrations
Who Is Naqood For?
Naqood software serves a wide range of industries, including:
- Retail
- Hospitality
- E-commerce
- Education
- Professional services
- Accounting
- Consulting
Is Naqood Right For You?
Are you looking for an accounting platform that simplifies bookkeeping and tax compliance for UAE businesses? Naqood helps small business owners and entrepreneurs manage accounting, invoicing, and financial reporting without deep accounting expertise, reducing manual work and compliance risk. It especially solves pain points around FTA-compliant tax reporting and digital record-keeping under UAE laws.
Naqood uses ISO 27001-grade security and SSL-level cloud safeguards for scalable, secure data storage and future-ready e-invoicing compliance.
Still not sure if Naqood is right for you? Contact our customer support team at (661) 384-7070, who will help you make the best decision.
Naqood Features
Invoicing
Naqood provides a user-friendly invoicing tool that lets you create and send professional invoices in minutes. It supports unlimited invoices, custom templates, and built-in legal compliance, ensuring all required details are included. This reduces manual work and speeds up payments while keeping your finances organized.
Accounting
The software offers easy-to-use online accounting designed for small businesses, helping you record expenses, receipts, and transactions with minimal manual work. It guides you through bookkeeping while ensuring compliance with UAE accounting laws and FTA requirements. The platform also supports receipt uploads and provides ongoing support for accounting tasks.
Reporting
Naqood’s reporting tools provide clear financial and tax overviews, helping you stay compliant with FTA regulations. You can generate key financial reports and tax summaries in a few clicks, then export them as Excel or PDF. This simplifies accounting deadlines, supports audits, and saves time on manual reporting.
Secure Storage Of Accounting Materials
Naqood features secure cloud storage for your accounting records, ensuring compliance with the UAE requirement to keep accounting materials digitally for at least seven years. The platform uses SSL-level security and multi-copy server storage, and it also allows you to download a full backup of your accounts for added control and protection.
Pros And Cons of Naqood
Pros
Saves time with fast bookkeeping reconciliation
Easy setup and quick onboarding
Intuitive interface simplifies financial management
Cons
Mobile app lacks some advanced features
Limited advanced reporting options currently
Naqood Reviews
Total 6 reviews
5
All reviews are from verified customers
Rating Distribution
5
Stars100%
4
Stars0%
3
Stars0%
2
Stars0%
1
Stars0%
Share your experience
Information Technology and Services, 1-10 employees
Less than 6 months
“real-time financial clarity”
Pros
Getting started was easy and the platform has been very user-friendly throughout. The customer support team has also been quite helpful whenever needed. It has really helped us streamline our accounting processes and gives us a real-time view of the company's financials which has been very valuable.
Cons
There's nothing specific to complain about at this point and overall I'm quite satisfied with the product.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Financial Services, 1-10 employees
Less than a year
“simple invoicing and solid value”
Pros
Right away the platform feels simple and genuinely user-friendly. Keeping up with financial tasks is very easy and the invoicing features are especially impressive. It's simple to navigate while still being powerful enough to handle everything I need and the value for money is another big plus.
Cons
At this point, there isn't really anything major that bothers me. If I had to point out one thing, I'd say I'd love to see more advanced reporting options added down the line. Even so, it already does a very good job covering all the essentials.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Real Estate, 1-10 employees
Free trial
“good layout and navigation”
Pros
The interface feels very user-friendly. The layout is simple to navigate which makes it easy to use effectively.
Cons
I honestly can't think of any downsides at the moment.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Frequently Asked Questions
What other apps does Naqood integrate with?
The vendor has not publicly shared information related to third-party integrations.
What language does Naqood support?
Naqood supports the English language.
Does Naqood offer an API?
Yes, Naqood provides API access.
Does Naqood have a mobile app?
Yes, Naqood offers a mobile app.
Who are the typical users of Naqood?
Naqood is designed for businesses across industries such as retail, hospitality, e-commerce, education, professional services, accounting, and consulting.
What level of support does Naqood offer?
Naqood provides support via live chat.
What types of pricing plans does Naqood offer?
Naqood’s pricing includes a free Starter plan and a Pro plan that begins at 59 AED per month. Request a custom Naqood price quotation.