Articles and guides on accounting
Practical guides and the latest articles on "accounting" from the Snad blog — an integrated business management system for small and medium companies in Saudi Arabia. Written for the Saudi market, so you can understand the topic and apply it in your own business.
23 articles published under this tag
Subscription Revenue Accounting: Deferred Revenue and MRR
You collected a year's subscription upfront — but did you earn all of it today? Why sharp operators separate cash collected from revenue earned.
Foreign Currency Accounting and Exchange Differences Explained
When you import or export in a foreign currency, which exchange rate applies? And how do you treat the gain or loss when that rate moves?
Finance Lease vs Operating Lease: IFRS 16 Accounting Guide
When does a leased asset become a liability on your balance sheet, and when does it stay a simple expense? The distinction that reshapes your financial statements.
Revenue Recognition Under IFRS 15: When a Sale Becomes Revenue
Why collecting the cash is not enough to record revenue, and how to apply the five-step model to your contracts and sales.
Cash vs Accrual Accounting: Which Basis Fits Your Business?
When do you record revenue and expenses: the moment cash moves, or the moment it is earned? The answer changes your profit and your tax return.
Double-Entry Bookkeeping: The Principle Every System Runs On
Why every transaction has two sides, a debit and a credit, and how the accounting equation keeps your books permanently in balance.
Working Capital: How to Measure It and Avoid a Cash Crunch
A practical guide to working capital: the definition, the formula, the cash conversion cycle, the healthy ratios, and why a company can look profitable on paper while its cash dries up — plus how to stop that happening.
Break-Even Analysis: How Much Must You Sell to Cover Costs?
A step-by-step guide to calculating your break-even point: fixed versus variable costs, contribution margin, the break-even formula in units and in SAR, and worked examples.
Construction Accounting in Saudi Arabia: Progress Billing, Retention and Project Costs, Step by Step
A practical finance guide for Saudi contractors running several projects at once, at different values and different stages
The 13-Week Cash Flow Forecast: The Practical Model That Keeps You Out of a Liquidity Crisis
The standard every CFO in the world runs on — simplified for a Saudi business owner with no finance background
Cost of Goods Sold (COGS): How to Calculate It Correctly
The number that sets your profit margin, and the one small business owners understand least
Tax Invoice vs Simplified Tax Invoice: ZATCA Rules 2026
When to use each type, which fields are mandatory, and how to avoid a rejected invoice
Ready to put what you read into practice?
Try Snad free — an integrated business management system built for the Saudi market: accounting, e-invoicing compliant with the Zakat, Tax and Customs Authority, sales, inventory, and point of sale.