Articles

Best Accounting Software for Small Factories and Industrial Workshops

Small factories and industrial workshops in the Kingdom of Saudi Arabia face unique accounting challenges that differ from other types of businesses. From managing raw materials and finished products, to calculating production costs and tracking equipment maintenance, these establishments need a specialized industrial workshop accounting system that understands the nature of their work and meets their needs accurately. This is where Mezan's small factory accounting software comes in as a comprehensive cloud accounting solution designed specifically for the manufacturing sector.
Fixed and Variable Costs: Definition, Differences, and Practical Examples

Fixed and variable costs are among the most important fundamental concepts in cost accounting and financial management, playing a vital role in understanding the cost structure of organizations and helping in making important managerial and operational decisions. The classification of costs into fixed and variable is based on the relationship between cost and the level of activity or production, providing valuable insights into how costs are affected by changes in the volume of operations. This classification is essential for financial planning, budgeting, pricing, and profitability analysis, and helps managers understand cost behavior and anticipate future changes in total costs.
Inventory Risks and Causes: Complete Business Guide

Inventory risks represent one of the greatest challenges facing companies and commercial enterprises today. Inventory shrinkage alone causes losses exceeding $50 billion annually worldwide. These risks threaten business stability and negatively impact profitability and corporate growth.
Guide to Small Business Accounting in Saudi Arabia

Discover the essential accounting software features every small business in Saudi Arabia needs to streamline operations, ensure ZATCA compliance, and accelerate growth.
What is the Difference Between Price and Value

The relationship between price and value in markets is complex and interconnected. On the surface, it may seem that price and value move together in parallel, but in reality there are often cases of misalignment and contradiction between them.
Statement of Financial Position: Definition, Components, and Analysis

The statement of financial position is considered the cornerstone of accounting and financial analysis, providing an accurate and comprehensive picture of the financial status of companies and institutions at a specific point in time. Whether you are an investor seeking to make informed investment decisions, an accountant aiming to master financial statement preparation, or an entrepreneur wanting to understand your company's financial position, this comprehensive guide will provide you with everything you need to understand the statement of financial position from A to Z. We will cover the precise definition of the statement of financial position, its basic components, preparation steps, analysis methods, along with practical examples and comprehensive answers to the most frequently asked questions about this important topic.
What is Qiwa Platform: Comprehensive Guide 2025

In light of Saudi Arabia's Vision 2030, the Qiwa platform has emerged as one of the leading digital initiatives launched by the Ministry of Human Resources and Social Development to support the labor market. Qiwa is an integrated electronic portal aimed at simplifying labor procedures and enhancing transparency between employers and employees. With the Saudi labor market growing at 6% annually and increasing reliance on digital solutions, the platform has become an indispensable tool for companies and individuals. In this article, we will explain what the Qiwa platform is, its main services, benefits, and how to benefit from it in 2025, focusing on the latest practices and updates.
What are Sales and Distribution Costs?

Sales and Distribution Costs encompass all expenses involved in selling products and delivering them to customers, including sales team salaries, transportation, warehousing, marketing campaigns, customer service, and infrastructure costs. These expenses typically range from 15-30% of total revenue and can be optimized through efficient channel management, technology adoption, logistics improvements, and strategic cost analysis methods to enhance profitability and operational efficiency.
What is a General Ledger?

A general ledger is the primary and most important accounting record in any organization's accounting system. It represents a comprehensive and organized repository for all financial accounts of the organization, where all financial transactions previously recorded in the general journal are grouped and classified. The general ledger serves as the primary source for extracting financial information necessary for preparing all financial reports and statements, providing detailed and accurate summaries for each individual account, which facilitates review and financial analysis processes. It also plays a vital role in ensuring the application of financial accounting principles and achieving accuracy and transparency in the organization's financial reports.
What is Electronic Invoicing and Phase 2?

Saudi Arabia has witnessed significant development in the digital transformation of the financial and commercial sector, with one of the most prominent developments being the implementation of the electronic invoicing system aimed at modernizing the business environment and enhancing financial transparency. Phase 2 of electronic invoicing represents an advanced step in this path, requiring commercial establishments to directly connect with government systems to ensure real-time monitoring of financial transactions. This comprehensive guide provides everything establishments need to understand Phase 2 requirements, implementation timelines, and best practices for ensuring full compliance with ZATCA regulations.
What is Inventory Management? Everything You Need to Know to Improve Your Business

Inventory management is one of the most important factors influencing business success and achieving financial and operational goals, especially given the rapid developments in the business world and technology. This comprehensive guide provides everything you need to understand the fundamentals of inventory management and implement best practices that help you improve operational efficiency, reduce costs, and increase customer satisfaction. Whether you manage a small business or a large enterprise, you'll find proven methods and strategies in this guide to transform inventory management from a challenge into a real competitive advantage.
How to Issue and Renew Zakat Certificates 2025

The Zakat Certificate is an essential official document for every Saudi establishment. With increased oversight from the Zakat, Tax and Customs Authority (ZATCA), obtaining this certificate has become necessary for the continuation of any commercial activity. Mezan Accounting Software provides easy solutions that help small businesses issue and print Zakat certificates with high efficiency.