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Haseem launches free accounting tools before Saudi VAT deadline

15 hours ago
By AI, Created 12:23 UTC, Jul 20, 2026, AGP -

Haseem has released 11 free accounting tools in Arabic and English as Saudi businesses prepare for the 31 July 2026 VAT filing deadline. The browser-based hub includes calculators and document generators aimed at helping small businesses estimate taxes, penalties and routine paperwork without registration.

Why it matters: - Saudi businesses face a 31 July 2026 deadline for second-quarter VAT filings, and late submission can trigger penalties. - Haseem's free tools aim to cut the time and guesswork around routine tax, payroll and document tasks for small businesses. - The release gives businesses a no-cost way to estimate exposure and prepare common accounting documents in Arabic or English.

What happened: - Haseem launched an accounting-tools hub with 11 free tools available in Arabic and English. - The collection includes seven calculators and four document generators. - The tools run entirely in the browser and require no registration. - The hub is designed for businesses in Saudi Arabia and is part of Haseem's e-invoicing and accounting software offering.

The details: - The seven calculators cover value-added tax, zakat, GOSI social-insurance contributions, end-of-service awards, percentages, discounts and estimated ZATCA penalties. - The VAT calculator adds 15% VAT to a net amount or removes it from a gross amount. - The ZATCA penalty calculator estimates late-filing and e-invoicing penalties. - The zakat calculator supports lunar and Gregorian years. - The GOSI calculator reflects employee and employer contributions under the new contribution scheme. - The end-of-service calculator uses length of service and reason for leaving. - The four document generators produce tax invoices, quotations, receipt vouchers and payment vouchers. - The generated documents are ready to print or download as PDF files. - The quotation generator includes a dedicated contracting mode. - Receipt and payment vouchers spell out amounts in words. - Haseem said the calculators provide informational estimates based on published rules and do not replace official assessment or professional tax, legal or employment advice. - Haseem is approved by ZATCA as a Phase 1 and Phase 2 solution provider. - Haseem says e-invoicing is available on all plans at no additional cost, and the software includes an accounting ledger and inventory. - Haseem also offers a 14-day free trial with no credit card required.

Between the lines: - The timing is targeted at a period when many Saudi businesses are dealing with quarterly VAT compliance and related penalty exposure. - Haseem is positioning the hub as a practical pre-filing checklist, not just a marketing add-on. - The mix of calculators and document generators suggests the company is aiming at day-to-day operational tasks, not only tax filing. - The statement on penalties matters because ZATCA's current fine-cancellation initiative does not cover returns due after 30 June 2026.

What's next: - Businesses can use the hub ahead of the 31 July filing window to estimate VAT, check penalties and prepare supporting documents. - Quarterly filers and businesses with annual revenues from goods and services above SAR 40 million still need to file and pay electronically through ZATCA's website or app. - Haseem's tools may see more use as the filing deadline approaches and businesses review their second-quarter obligations.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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