Does HIBR ERP come with a UAE Chart of Accounts pre-loaded?

Yes. HIBR ERP ships with a UAE-default Chart of Accounts mapped to IFRS for SMEs and structured to feed VAT 201 and the Corporate Tax return without manual remapping. You can extend it, but most SMBs go live on day one with the defaults.

How long does the accounting module retain my ledger?

Records are retained for 7 years on Lite and Pro, and 10 years on Enterprise — meeting the document retention requirement in Federal Decree-Law 28/2022 on Tax Procedures (Article 4) and the Corporate Tax record-keeping rule in Federal Decree-Law 47/2022 (Article 56).

Can I import my existing ledger from other UAE accounting tools, or other UAE accounting tools?

Yes — HIBR ERP includes free white-glove migration from any UAE accounting tool we support. We import trial balance, customers, suppliers, items, open invoices, and 24 months of transactions on the Lite and Pro tiers (longer on Enterprise).

Accounting & Bookkeeping — HIBR ERP

Every UAE SMB hits the same wall: the accounting tool they started with on day one wasn't built for the FTA's reality. A US-built ledger doesn't speak AED-base, doesn't understand designated zones, doesn't map to the VAT 201 return, and certainly doesn't know that Federal Decree-Law 47/2022 requires Corporate Tax records to survive seven years of scrutiny. HIBR ERP's accounting module is the opposite problem — it was built from the ledger up around UAE tax law, then made readable enough that a non-accountant founder can open it on a phone and see exactly where the cash is. UAE Chart of Accounts pre-loaded, double-entry general ledger, real-time trial balance, P&L, balance sheet, statement of cash flows, multi-bank reconciliation, and a 7-year audit trail. The whole stack is wired so that every invoice, payment, payroll run, and inventory movement posts a journal entry automatically — no spreadsheets, no end-of-month panic, no surprises when the auditor calls.

How it works

UAE-default Chart of Accounts. Ships with a CoA mapped to IFRS for SMEs and the FTA's reporting structure. Account codes are grouped so that VAT control accounts, output VAT, input VAT, designated-zone movements, and free-zone qualifying income all sit in the right places without manual mapping.
Double-entry general ledger with real-time posting. Every sales invoice, purchase invoice, payment, payroll, depreciation entry, and stock movement posts a balanced journal at the moment it's saved. The trial balance is never more than a fraction of a second out of date.
Statements that close themselves. Trial Balance, Profit & Loss, Balance Sheet, and Statement of Cash Flows are generated live from the GL. Pick a date range, pick a comparison period, hit export — PDF, XLSX, or both, in Arabic or English.
Multi-bank reconciliation. Connect Emirates NBD, ADCB Hayyak, Mashreq NEO Biz, FAB, WIO, or RAKBANK and HIBR pulls statement lines via API. Lines auto-match to invoices and expenses using the AI Categorizer; unmatched lines surface in a queue that takes minutes, not hours.
Multi-currency, AED-base. Transactions in USD, GBP, EUR, SAR, INR, and PKR are revalued nightly using FX rates pulled from a published source; FX gains and losses post automatically to the right GL line.
Year-end close with a one-click lock. When the financial year closes, HIBR locks the period, runs depreciation and accrual schedules, generates the closing entries, and produces the audit pack (TB + GL + sub-ledgers) ready for your auditor.

UAE compliance details

The accounting module is engineered around five pieces of UAE law that touch every general ledger in the country:

Federal Decree-Law 28/2022 on Tax Procedures (Article 4) — requires books and records to be retained for at least five years, extended to fifteen for real estate. HIBR retains 7 years by default on Lite/Pro and 10 years on Enterprise, with tamper-evident audit trail.
Federal Decree-Law 47/2022 on the Taxation of Corporations and Businesses (Article 56) — requires every taxable person to keep records sufficient to substantiate the CT return. HIBR's GL is structured so the CT computation reads directly from tagged account groups.
Federal Decree-Law 8/2017 on VAT (Article 78) — requires records that support every VAT return. Output VAT, input VAT, designated-zone movements, and reverse-charge entries are kept on dedicated control accounts that reconcile to VAT 201 line-by-line.
Cabinet Decision 52/2017 (Executive Regulation of VAT) — defines tax-invoice content and the bookkeeping evidence required for input-tax recovery. The accounting module enforces this at posting time.
IFRS for SMEs — the FTA's accepted framework for small and mid-sized businesses. HIBR's CoA, recognition, and disclosure structure align by default; IFRS Full can be enabled on Enterprise.

Tier availability

The full accounting module — UAE CoA, GL, trial balance, P&L, balance sheet, cash flow, single-bank reconciliation — is included on Lite (199/month). Pro (499/month) adds multi-currency, three-bank reconciliation, and free-zone plus mainland dual-tracking — the combination most UAE SMBs need once they cross the 375,000 VAT-registration threshold. Enterprise (14,990/year) adds all UAE banks, unlimited multi-currency, IFRS Full, 10-year retention, and consolidated reporting across entities.

Use case

JLT-based marketing agency, 1.8M revenue, two cofounders. Switched from other UAE accounting tools mid-quarter after spending three weekends mapping VAT control accounts by hand. HIBR's white-glove migration pulled 26 months of transactions, opening trial balance, customers, and suppliers into the UAE-default CoA in under four hours. First VAT 201 from HIBR was filed the following month with zero manual journals — the agency's accountant told the founder she'd never seen a clean handover from a previous system. Year-end audit pack was generated in 45 seconds.

Tier mapping. Core accounting is on every tier. The Enterprise tier (14,990/yr) is recommended for any business above 3M revenue, multi-entity operations, or businesses operating across mainland and free zone simultaneously. See full pricing.

Frequently asked questions

Is HIBR ERP accounting suitable if I don't have an accountant in-house?

Yes — the AI Categorizer auto-codes 95%+ of routine bank transactions, the UAE CoA is pre-loaded, and the audit pack generator means your external accountant only reviews exceptions, not raw data. Most Lite-tier customers run the full books themselves and engage an accountant only at year-end.

Can HIBR generate IFRS-compliant statements for my Free Zone authority?

Yes. The P&L and Balance Sheet exports follow IFRS for SMEs by default; IFRS Full is available on Enterprise. Most free zones (DMCC, JAFZA, DIFC, ADGM) accept these formats for annual audit submission. Format and disclosure depth are configurable per entity.

What happens to my data if I leave HIBR?

You can export the entire ledger — GL, sub-ledgers, customers, suppliers, items, and journal history — to XLSX or a portable JSON dump at any time, on any tier, free. Your data is yours.

A UAE general ledger that closes itself

FTA-ready Chart of Accounts. Real-time statements. Multi-bank reconciliation. 7-year audit trail. Free migration from other UAE accounting tools. Beta launches October 2026.

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