POWERFUL ACCOUNTING FEATURES

Everything You Need to Manage Your
Business Finances.

From AI-powered book keeping and invoicing to banking, VAT, Corporate Tax, payroll, inventory and financial reporting,118 Accounting brings your financial operations together in one connected platform.

AI & Automation

AI & Automation

AI-powered book keeping that automates routine accounting tasks, captures financial documents, categorizes transactions, and delivers intelligent financial insights.

AI-Powered Book keeping

Let AI Handle the Routine Work

Reduce manual accounting tasks and keep your books moving.

  • ✓AI transaction categorization
  • ✓AI book keeping assistance
  • ✓AI document capture
  • ✓AI invoice capture
  • ✓AI bill capture
  • ✓AI expense capture
  • ✓AI OCR
  • ✓AI financial insights
  • ✓AI financial assistant
  • ✓Automated accounting workflows
AI Financial Assistant

Ask Questions About Your Business Finance

Get financial information in a simpler, more conversational way.

  • ✓Revenue
  • ✓Expenses
  • ✓Profit
  • ✓Cash flow
  • ✓Receivables
  • ✓Payables
  • ✓Financial trends
  • ✓Business performance
Automated Accounting

Reduce Repetitive Financial Work

Automate everyday accounting workflows.

  • ✓Transaction categorization
  • ✓Recurring invoices
  • ✓Recurring bills
  • ✓Payment reminders
  • ✓Expense processing
  • ✓Bank reconciliation
  • ✓Financial reports
  • ✓Tax workflows
Sales & Receivables

Manage the complete sales cycle.

From customers and quotations to GST invoices, collections and receivables reporting, keep the entire revenue process connected.

Invoicing

Create Professional, VAT-Ready Invoices

Create, send and track invoices while keeping your receivables organized.

  • ✓VAT-ready invoices
  • ✓Custom invoice templates
  • ✓Invoice numbering
  • ✓Invoice status
  • ✓Recurring invoices
  • ✓Payment reminders
  • ✓Payment links
  • ✓Partial payments
  • ✓Online payments
  • ✓Invoice history

Quotes & Estimates

Turn Quotes Into Sales Faster

Create professional quotations and convert approved quotes into invoices.

  • ✓Quotes
  • ✓Estimates
  • ✓Quote approval
  • ✓Quote tracking
  • ✓Quote-to-invoice conversion
  • ✓Quote history

Sales Orders

Manage Orders From Sale to Fulfilment

Keep your sales workflow connected with accounting.

  • ✓Sales orders
  • ✓Order tracking
  • ✓Customer details
  • ✓Product details
  • ✓Order status
  • ✓Fulfilment tracking
  • ✓Invoice conversion

Customer Management

One Complete Financial View of Every Customer

  • ✓Customer profiles
  • ✓Contact information
  • ✓VAT details
  • ✓Invoice history
  • ✓Payment history
  • ✓Outstanding balances
  • ✓Customer statements
  • ✓Credit information
  • ✓Customer portal

Receivables

Stay on Top of Money Coming Into Your Business

  • ✓Outstanding invoices
  • ✓Aging reports
  • ✓Payment tracking
  • ✓Customer balances
  • ✓Payment reminders
  • ✓Collection follow-ups
  • ✓Customer statements
  • ✓Receivables reports
Purchases & Payables

Bring suppliers, bills and purchasing into one workflow.

Manage your suppliers from one place, structure procurement and stay in control of what your business owes.

  • ✓Vendor profiles and contact details
  • ✓VAT information and purchase history
  • ✓Recurring bills and due dates
  • ✓Purchase orders and approval workflows
  • ✓Payment scheduling and tracking
  • ✓Vendor statements and aging reports
Purchases & Payables

Vendor Management

Manage Your Suppliers From One Place

  • ✓Vendor profiles
  • ✓Contact details
  • ✓VAT information
  • ✓Purchase history
  • ✓Vendor balances
  • ✓Bill history
  • ✓Payment history
  • ✓Vendor statements

Bills

Track Vendor Bills and Payments

  • ✓Vendor bills
  • ✓Recurring bills
  • ✓Bill due dates
  • ✓Bill approval
  • ✓Payment tracking
  • ✓Outstanding bills
  • ✓Bill history

Purchase Orders

Bring Structure to Your Procurement

  • ✓Purchase orders
  • ✓Approval workflows
  • ✓Vendor selection
  • ✓Product details
  • ✓Order tracking
  • ✓Purchase order history
  • ✓Bill conversion

Payables

Stay in Control of What Your Business Owes

  • ✓Accounts payable
  • ✓Vendor balances
  • ✓Payment scheduling
  • ✓Outstanding bills
  • ✓Aging reports
  • ✓Payment tracking
  • ✓Vendor statements
EXPENSES & BANKING

Track every dirham and connect
your books to your bank.

Capture expenses, manage claims, import transactions and reconcile your books with your bank.

Expense Management

Track Every Dirham Your Business Spends

  • ✓Expense recording
  • ✓Expense categories
  • ✓Receipt capture
  • ✓Vendor expenses
  • ✓Employee expenses
  • ✓Expense approvals
  • ✓Recurring expenses
  • ✓Expense reports
  • ✓Cost analysis

Employee Expenses & Claims

Simplify Employee Reimbursements

  • ✓Expense claims
  • ✓Receipt uploads
  • ✓Approval workflows
  • ✓Claim status
  • ✓Reimbursements
  • ✓Employee expense history

Bank Connectivity

Connect Your Bank Accounts to Your Books

  • ✓Bank account management
  • ✓Bank feeds
  • ✓Transaction imports
  • ✓Multiple bank accounts
  • ✓Bank transaction history
  • ✓Account balances
  • ✓Transaction matching

Bank Reconciliation

Match Your Books With Your Bank

  • ✓Automatic reconciliation
  • ✓Transaction matching
  • ✓Manual reconciliation
  • ✓Unmatched transactions
  • ✓Reconciliation history
  • ✓Bank statement import
  • ✓Reconciliation reports

Bank Statement Import

Bring External Bank Data Into Your Books

  • ✓CSV
  • ✓Excel
  • ✓PDF
  • ✓Images
  • ✓Supported bank statement formats
ACCOUNTING CORE

Build the Financial Structure of Your Business

Chart of accounts, general ledger, journals and trial balance—keep your core books clear and connected.

Chart of Accounts

Build the Financial Structure of Your Business

  • ✓Chart of accounts
  • ✓Account categories
  • ✓Account hierarchy
  • ✓Account mapping
  • ✓Account balances
  • ✓Custom accounts

General Ledger

Keep Your Complete Financial Record in One Place

  • ✓General ledger
  • ✓Journal entries
  • ✓Account transactions
  • ✓Debit and credit tracking
  • ✓Ledger reports
  • ✓Account statements

Journal Entries

Record and Adjust Financial Transactions

  • ✓Manual journals
  • ✓Recurring journals
  • ✓Adjustments
  • ✓Journal approval
  • ✓Journal history
  • ✓Journal reports

Trial Balance

Review Your Accounting Balances

  • ✓Trial balance
  • ✓Account balances
  • ✓Debit totals
  • ✓Credit totals
  • ✓Period comparison
UAE TAX & COMPLIANCE

Stay ready for UAE VAT, Corporate
Tax and digital invoicing.

Build your accounting workflow around VAT reporting, Corporate Tax,
applicable Excise Tax workflows and the UAE's evolving e-invoicing environment.

UAE VAT Management

Stay Ready for UAE VAT Reporting

  • ✓VAT calculation
  • ✓Output VAT
  • ✓Input VAT
  • ✓VAT-ready invoices
  • ✓VAT summaries
  • ✓VAT reports
  • ✓VAT transaction tracking
  • ✓VAT reconciliation
  • ✓FTA-ready reporting

VAT Return Preparation

Prepare Your VAT Returns With Confidence

  • ✓VAT return preparation
  • ✓VAT 201 support
  • ✓Input/output VAT summary
  • ✓VAT reconciliation
  • ✓Filing-ready reports
  • ✓VAT payment recording
  • ✓VAT reporting history

Corporate Tax

Prepare for UAE Corporate Tax

  • ✓Corporate Tax configuration
  • ✓Taxable income reporting
  • ✓Corporate Tax reports
  • ✓Tax summaries
  • ✓Tax adjustments
  • ✓Filing support
  • ✓Corporate Tax documentation

Excise Tax

Support Applicable Excise Tax Workflows

  • ✓Excise classification
  • ✓Excise calculations
  • ✓Excise reporting
  • ✓Excise audit information

UAE E-Invoicing

Prepare for Digital Invoicing

  • ✓Structured invoice data
  • ✓Digital invoice workflows
  • ✓VAT-compliant invoice information
  • ✓E-invoicing readiness
  • ✓Accounting integration
Payroll & HR

Manage payroll along side your accounting.

Keep employee payroll, salary processing, payslips, loans and claims connected with your financial operations.

  • ✓Employee payroll and salary processing
  • ✓Payroll calculations and reports
  • ✓UAE WPS-ready workflows
  • ✓Payslips with salary breakdowns, allowances and deductions
  • ✓Employee loans and repayment schedules
  • ✓Employee expense claims and reimbursements
Payroll & HR

UAE WPS Payroll

Support UAE Payroll Workflows

  • ✓Salary calculations
  • ✓Payroll processing
  • ✓WPS-ready workflows
  • ✓Salary records
  • ✓Payroll reports
  • ✓Employee payment information

Payslips

Generate Professional Employee Payslips

  • ✓Payslip generation
  • ✓Salary breakdown
  • ✓Allowances
  • ✓Deductions
  • ✓Payroll history
  • ✓Employee access

Employee Loans

Manage Employee Loans and Advances

  • ✓Loan records
  • ✓Advance requests
  • ✓Repayment schedules
  • ✓Outstanding balances
  • ✓Payroll deductions
  • ✓Loan history

Employee Claims

Simplify Employee Expense Claims

  • ✓Claim submission
  • ✓Receipt upload
  • ✓Approval workflows
  • ✓Claim tracking
  • ✓Reimbursement
  • ✓Claim history
INVENTORY & PROJECTS

Know what you have, what you sold and what you need.

Connect products, stock, warehouses and projects with your accounting workflow.

Inventory Management

Know What You Have. What You Sold. What You Need.

  • ✓Product catalogue
  • ✓Stock levels
  • ✓Stock movement
  • ✓Stock adjustments
  • ✓Opening stock
  • ✓Available stock
  • ✓Committed stock
  • ✓Stock valuation
  • ✓Reorder thresholds
  • ✓Inventory reports
118 currently positions inventory around stock levels, purchase orders, COGS, multiple warehouses and locations.

Multi-Warehouse Inventory

Manage Stock Across Locations

  • ✓Warehouse management
  • ✓Location-level stock
  • ✓Stock transfers
  • ✓Warehouse balances
  • ✓Stock movement
  • ✓Inventory reports

Items & Products

Manage Products and Services

  • ✓Products
  • ✓Services
  • ✓SKU management
  • ✓Product categories
  • ✓Pricing
  • ✓Tax configuration
  • ✓Units
  • ✓Product history

Cost of Goods Sold

Understand Your Product Costs

  • ✓COGS tracking
  • ✓Product costs
  • ✓Inventory valuation
  • ✓Cost analysis
  • ✓Profitability reporting

Project Management

Track Time, Costs and Budgets

  • ✓Project creation
  • ✓Project budgets
  • ✓Project costs
  • ✓Time tracking
  • ✓Expenses
  • ✓Project billing
  • ✓Milestones
  • ✓Project profitability

Project Billing

Turn Project Work Into Revenue

  • ✓Project quotes
  • ✓Time-based billing
  • ✓Expense-based billing
  • ✓Milestone billing
  • ✓Partial payments
  • ✓Project invoices
  • ✓Project profitability
REPORTING & ANALYTICS

See your business finances at a glance.

Monitor revenue, expenses, profit, cash flow, receivables, payables, bank balances, VAT and inventory — then turn those numbers into useful financial reports.

  • ✓Financial Dashboard
  • ✓Profit & Loss
  • ✓Balance Sheet
  • ✓Cash Flow
  • ✓Revenue Analysis
  • ✓Expense Analysis
  • ✓Profitability Analysis
  • ✓Complete financial reporting
Reporting and analytics

Financial Reports

Complete Financial Reporting

  • ✓Profit & Loss
  • ✓Balance Sheet
  • ✓Cash Flow Statement
  • ✓Trial Balance
  • ✓General Ledger
  • ✓Accounts Receivable Aging
  • ✓Accounts Payable Aging
  • ✓VAT Reports
  • ✓Tax Reports
  • ✓Customer Statements
  • ✓Vendor Statements
  • ✓Project Reports
  • ✓Inventory Reports
CONNECTED BUSINESS

Connect payments, portals, mobile and your wider ecosystem.

Extend your accounting platform beyond the core ledger and connect the tools your business already uses.

Get Paid Faster

Connect Payments With Your Accounting

  • ✓Payment links
  • ✓Online payments
  • ✓Payment gateways
  • ✓Customer payment tracking
  • ✓Payment reconciliation
  • ✓Payment history
  • ✓Automated payment updates

Customer Portal

Give Customers Better Visibility

  • ✓View invoices
  • ✓View statements
  • ✓Make payments
  • ✓View payment history
  • ✓Access documents

Vendor Portal

Give Suppliers Better Visibility

  • ✓View bills
  • ✓View payment status
  • ✓Access documents
  • ✓Review transaction history

Mobile Accounting

Your Business Finances in Your Pocket

  • ✓Financial dashboards
  • ✓Invoices
  • ✓Payments
  • ✓Expenses
  • ✓Transactions
  • ✓Business performance
  • ✓Alerts

API & Open Platform

Connect 118 Accounting With Your Systems

  • ✓Websites
  • ✓E-commerce platforms
  • ✓CRM systems
  • ✓Payment platforms
  • ✓Internal applications
  • ✓Business systems

Security & Access

Keep Your Financial Data Protected

  • ✓Websites
  • ✓E-commerce platforms
  • ✓CRM systems
  • ✓Payment platforms
  • ✓Internal applications
  • ✓Business systems
FINAL CTA

One Platform. Complete Financial Control.

Manage your books, automate your accounting and understand your business better.