Dynamo. The business engine.
Practical articles on e-invoicing, VAT, payroll, stock and the everyday running of a growing business, with the rules taken from the official sources.
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Every employee earns at least 21 days of paid annual leave a year, rising to 30 after five years. Here is how to grant it, postpone it, count it around holidays and pay it out.
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Saudi VAT has two kinds of tax invoice. Which one you issue depends on who buys and how much, and it decides what the invoice shows, when you issue it and how it reaches ZATCA.
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In Ramadan, Muslim employees work no more than six hours a day or 36 a week, and the year has four official holidays on full pay. Here is what the rules say and how to plan around them.
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Margin and markup use the same two numbers and give different answers. Mixing them up is one of the quickest ways to sell a lot and keep little. Here is how to set prices that leave the profit you planned.
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Saudi employees who first joined social insurance on or after 3 July 2024 pay a rising annuities rate, and so do their employers. Here is who is affected, the rate each year and a worked month.
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Closing the month means making the books agree with the bank, the stock and the paperwork, so the figures you read are the figures that happened. This checklist keeps it to a few days.
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An issued tax invoice is never edited. When a sale changes after the invoice, a credit or debit note corrects it. Here is when each is needed, what it must contain and how it moves through your VAT return and e-invoicing.
6 min read
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