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Description
Formerly recognized as MYOB South Asia, ABSS Accounting is designed to be user-friendly by steering clear of complex accounting terminology. Its award-winning interface facilitates the automation of financial management, allowing for straightforward tracking of all accounting information. The software simplifies bookkeeping through features such as a contact log, reminders, task lists, functional command centers for sales and banking, a company file auditor, job tracking, and flexible recurring transactions, alongside improved email capabilities. It can generate a variety of reports, which can be exported to Excel, sent via email or fax, and saved in formats like PDF, HTML, CSV, or text, including cash flow statements and detailed customer invoice statements. Additionally, it supports inventory management by providing real-time reporting, enabling stock level management, tracking sales and back orders, and automatically building inventory from existing stock. Furthermore, the software enhances sales processing by allowing customization of invoices and credit notes, as well as the generation of quotes and purchase orders, streamlining the entire transaction process for users. This comprehensive approach ensures that businesses can manage their finances effectively and efficiently, giving them more time to focus on growth and customer satisfaction.
Description
Mindcat Accounts is a cloud-based accounting solution tailored for small and medium enterprises in the UAE and Saudi Arabia. This software integrates various functionalities, including sales and purchase invoicing, inventory management, expense tracking, bank reconciliation, tax documentation, and financial reporting, while also accommodating multiple companies. For businesses in Saudi Arabia, it facilitates e-invoicing that complies with ZATCA/Fatoora regulations, featuring invoice clearance capabilities. While UAE VAT accounting is included, the platform currently lacks a connector for the UAE e-invoicing service provider. Users can efficiently oversee their customers, suppliers, inventory, stock activities, and transactions directly through a web browser. Offering flexibility, Mindcat Accounts can be utilized as either a hosted SaaS solution or installed on a client’s servers. The interface and documentation are accessible in both Arabic and English, ensuring a user-friendly experience for SMEs and accounting professionals involved in regional tax compliance, invoicing, and bookkeeping. Additionally, the pricing structure includes per-user fees, hosting expenses, and setup charges, while a REST API allows for integration with other systems, enhancing its functionality and adaptability. Overall, Mindcat Accounts aims to streamline financial management for businesses navigating the complexities of accounting in the region.
API Access
Has API
No
API Access
Has API
No
Integrations
Google Sheets
Yes
HTML
Yes
Microsoft Excel
Yes
Microsoft Outlook
Yes
Integrations
Google Sheets
No
HTML
No
Microsoft Excel
No
Microsoft Outlook
No
Pricing Details
$469 per license
Free Trial
Yes
Free Version
No
Pricing Details
AED 1045 per month (5 users)
You pay per user per month. A user is a named login that works in the books: an accountant, a salesperson, a purchaser, a storekeeper, a cashier or the owner. Your customers on the portal, your outside auditor’s read-only login and our support login are free. Companies, branches, warehouses, items and invoices are unlimited, and we charge no per-invoice fees. Each band’s price applies only to the users inside that band.
Band: AED | SAR | USD per month
1 to 5: 209 | 209 | 56.91
6 to 20: 179 | 179 | 48.74
21 to 50: 129 | 129 | 35.13
Above 50: 99 | 99 | 26.96
Worked example. A distributor with 12 users pays 5 × 209 + 7 × 179 = AED 2,298 a month (SAR 2,298, USD 625.73). With 20 users it is AED 3,730 (USD 1,015.66). With 50 it is AED 7,600 (USD 2,069.43). With 100 it is AED 12,550 (USD 3,417.29). The shared plan has a minimum of AED/SAR 1,045 a month (USD 284.55) on the quick start, which is 5 users: one to five users pay the same. When we set it up with you, the shared minimum is AED/SAR 2,298 (USD 625.73), the price of 12 users.
How you run it changes the multiplier.
Shared: your own site and database on our servers, in the UAE or Saudi Arabia: The user price above | AED/SAR 1,045 (USD 284.55) on the quick start, up to 5 users. AED/SAR 2,298 (USD 625.73) when we set it up with you.
Your own servers, hosted by us in the UAE or Saudi Arabia: User price × 2 | AED/SAR 5,750 (USD 1,565.69)
In your own cloud or data centre, run by us: User price × 1.5, and you pay your cloud bill directly | AED/SAR 5,150 (USD 1,402.31)
Two ways to start. One company with up to 5 users on the shared plan starts on a fixed quick-start package that we set up, with no scoping call. From 6 users, with more than one company, stock in several warehouses or branch tills, or on your own servers or cloud, we set it up with you.
Quick start (we set it up): One company on the shared plan, 1 to 5 users | AED/SAR 2,500 (USD 680.74), fixed | Your logo on the invoice, the UAE or Saudi chart of accounts with VAT, opening balances from your trial balance on our template, customers, suppliers and items from our CSV templates (up to 1,000 rows each), ZATCA onboarding of one invoicing unit with your Fatoora OTP, the Arabic and English invoice layout, standard roles, and recorded training in Arabic and English. Ticket support, no calls and no site visit. The go-live date counts from the day your filled templates and the OTP arrive. We send the payment link within 24 hours.
Managed: From 6 users, more than one company, stock in several warehouses, branch tills, and every size on your own servers or cloud | 1 to 20 users: AED/SAR 14,900 (USD 4,057.18). 21 to 50: AED/SAR 29,900 (USD 8,141.59). Above 50: from AED/SAR 49,900 (USD 13,587.47), scoped in writing. On your own servers or cloud, add AED/SAR 9,900 (USD 2,695.71) for the install. | One 30-minute call, then setup to a written plan: each company and branch, stock and warehouses with opening stock, POS profiles, approvals, custom print formats and reports in the plan, ZATCA onboarding per branch, data moved from your old program, and live training.
Extra work is AED/SAR 900 an hour (USD 245.06), or 10 hours for AED/SAR 8,100. Outside the user price: your UAE Accredited Service Provider’s fees from 2027 (on your own contract with them), SMS or WhatsApp messages, payment gateway fees and receipt printers. The vendor bills you, or we bill them at cost plus 10% if you ask us to hold the account. There is no annual prepay discount. Prices exclude 5% UAE VAT and 15% Saudi VAT.
Band: AED | SAR | USD per month
1 to 5: 209 | 209 | 56.91
6 to 20: 179 | 179 | 48.74
21 to 50: 129 | 129 | 35.13
Above 50: 99 | 99 | 26.96
Worked example. A distributor with 12 users pays 5 × 209 + 7 × 179 = AED 2,298 a month (SAR 2,298, USD 625.73). With 20 users it is AED 3,730 (USD 1,015.66). With 50 it is AED 7,600 (USD 2,069.43). With 100 it is AED 12,550 (USD 3,417.29). The shared plan has a minimum of AED/SAR 1,045 a month (USD 284.55) on the quick start, which is 5 users: one to five users pay the same. When we set it up with you, the shared minimum is AED/SAR 2,298 (USD 625.73), the price of 12 users.
How you run it changes the multiplier.
Shared: your own site and database on our servers, in the UAE or Saudi Arabia: The user price above | AED/SAR 1,045 (USD 284.55) on the quick start, up to 5 users. AED/SAR 2,298 (USD 625.73) when we set it up with you.
Your own servers, hosted by us in the UAE or Saudi Arabia: User price × 2 | AED/SAR 5,750 (USD 1,565.69)
In your own cloud or data centre, run by us: User price × 1.5, and you pay your cloud bill directly | AED/SAR 5,150 (USD 1,402.31)
Two ways to start. One company with up to 5 users on the shared plan starts on a fixed quick-start package that we set up, with no scoping call. From 6 users, with more than one company, stock in several warehouses or branch tills, or on your own servers or cloud, we set it up with you.
Quick start (we set it up): One company on the shared plan, 1 to 5 users | AED/SAR 2,500 (USD 680.74), fixed | Your logo on the invoice, the UAE or Saudi chart of accounts with VAT, opening balances from your trial balance on our template, customers, suppliers and items from our CSV templates (up to 1,000 rows each), ZATCA onboarding of one invoicing unit with your Fatoora OTP, the Arabic and English invoice layout, standard roles, and recorded training in Arabic and English. Ticket support, no calls and no site visit. The go-live date counts from the day your filled templates and the OTP arrive. We send the payment link within 24 hours.
Managed: From 6 users, more than one company, stock in several warehouses, branch tills, and every size on your own servers or cloud | 1 to 20 users: AED/SAR 14,900 (USD 4,057.18). 21 to 50: AED/SAR 29,900 (USD 8,141.59). Above 50: from AED/SAR 49,900 (USD 13,587.47), scoped in writing. On your own servers or cloud, add AED/SAR 9,900 (USD 2,695.71) for the install. | One 30-minute call, then setup to a written plan: each company and branch, stock and warehouses with opening stock, POS profiles, approvals, custom print formats and reports in the plan, ZATCA onboarding per branch, data moved from your old program, and live training.
Extra work is AED/SAR 900 an hour (USD 245.06), or 10 hours for AED/SAR 8,100. Outside the user price: your UAE Accredited Service Provider’s fees from 2027 (on your own contract with them), SMS or WhatsApp messages, payment gateway fees and receipt printers. The vendor bills you, or we bill them at cost plus 10% if you ask us to hold the account. There is no annual prepay discount. Prices exclude 5% UAE VAT and 15% Saudi VAT.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
ABSS
Founded
1990
Country
Malaysia
Website
int.abssasia.com/abss-accounting
Vendor Details
Company Name
Mindcat Technology Consultants FZE
Founded
2022
Country
F-15, Warba Center, Deira, Dubai, United Arab Emirates
Website
mindcat.ai/apps/accounts
Product Features
Accounting
Accounts Payable
No
Accounts Receivable
No
Bank Reconciliation
No
Billing & Invoicing
No
CPA Firms
No
Cash Management
No
Cryptocurrency Support
No
Expense Tracking
No
Fixed Asset Management
No
Fund Accounting
No
General Ledger
No
Government
No
Multi-Currency
No
Nonprofits
No
Payroll Management
No
Project Accounting
No
Purchase Orders
No
Tax Management
No
Inventory Management
Alerts/Notifications
No
Barcoding / RFID
No
Forecasting
No
Inventory Optimization
No
Kitting
No
Manufacturing Inventory Management
No
Mobile Access
No
Multi-Channel Management
No
Product Identification
No
Reorder Management
No
Reporting/Analytics
No
Retail Inventory Management
No
Supplier Management
No
Warehouse Management
No
Product Features
Accounting
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
Yes
Billing & Invoicing
Yes
CPA Firms
No
Cash Management
No
Cryptocurrency Support
No
Expense Tracking
No
Fixed Asset Management
No
Fund Accounting
No
General Ledger
Yes
Government
No
Multi-Currency
Yes
Nonprofits
No
Payroll Management
No
Project Accounting
No
Purchase Orders
No
Tax Management
Yes
