WeMind is designed to simplify financial management for micro and small businesses in the UAE. As your future official tax representative and accountant, WeMind is aiming to launch a comprehensive suite of features to meet all your financial needs.
WeMind is designed to simplify financial management for micro and small businesses in the UAE. As your future official tax representative and accountant, WeMind is aiming to launch a comprehensive suite of features to meet all your financial needs.
Easily enter all relevant client and service or product details, create the invoice, export it in PDF format and send it to the customer. The app automatically calculates VAT.
Imported invoices in PDF or image format will be converted with our AI tool to a digital, fully editable format that automatically incorporates data into the platform.
WeMind aims to expand its offerings, and in our next planned phase you will be able to send invoices directly through the platform while the option to export invoices in PDF format for manual distribution will remain available. Also receiving invoices directly will be available through the WeMind application if your customer is also a WeMind user.
Our proprietary AI automation tool, that derives data from invoices, bills and expenses, and compares it with bank statements is capable of categorizing and calculating VAT accurately. As a safety procedure, WeMind platform will provide options for the user to edit and check derived and created data to ensure that everything is fine and in accordance with the standards.
WeMind will calculate CIT at the end of the fiscal year with a financial report that includes all inflows and outflows, and a balance sheet at a rate of 9% in the UAE.
Essential financial reports such as balance sheets, cash flow statements, and profit and loss statements will be available along with an app launch. These reports are valuable resources for users and indicators for informed business decisions, besides being an indispensable part of tax reporting in the UAE.
WeMind will soon expand its offerings to include more detailed reports like accounts payable and receivable, fixed asset reports, cash & cash equivalents, and accrued expenses and income.
Our team of experienced accountants is here to assist you with any challenges you may face, providing expert support and guidance every step of the way. Rely on our software to not only fulfill but surpass your accounting needs.
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