Closing September
The accountant opens the invoice register for September: 142 invoices issued for SAR 508,750.00, SAR 412,300.00 collected, SAR 96,450.00 outstanding, and SAR 18,200.00 of that overdue across 5 invoices.
There is nothing to reconcile between the register and the books. Each invoice took its number and its journal entry in the same step, printed on the letterhead of the branch it belongs to with that branch’s logo and VAT number, and carries the QR code on the tax invoice. When Faisal Al-Dosari paid SAR 4,000.00 against a SAR 6,900.00 invoice, the receipt posted its own entry and the invoice moved to part paid, with SAR 2,900.00 left. The court fees paid on Khalid Al-Subaie’s debt recovery case were recorded as an expense charged to the client.
Huda Al-Shehri’s invoice for the estate division passed its due date unpaid, so it shows as overdue by itself, in the register and on the managing partner’s dashboard. One invoice went out with the wrong amount, and nobody edits it: the correction goes through a credit note everyone can see. A draft for Reem Al-Ghamdi’s company formation waits unnumbered, hidden from the client portal until it is issued.
The trial balance reads straight from the general ledger, each branch’s profit can be read on its own, and each client’s statement agrees with the ledger.