Oman / Overview
FiscFort for Oman: Help
FiscFort keeps your company's books for you. You upload your documents in a simple web portal. The system prepares the accounts, and your accountant checks them and files your returns.
How the work flows
- 1You uploadSupplier bills, bank statements, daily takings.
- 2The system preparesIt reads your documents and records them in the books.
- 3Your accountant reviewsChecks the figures and fixes anything unclear.
- 4Returns are filedYour accountant files VAT and other returns. Nothing is sent automatically.
Getting started
- Open your company's portal address and sign in with your own login. Your accountant gave you both.
- Upload your supplier bills and enter your daily takings.
- Open Reports to see where the business stands.
You can also add the portal to your phone like an app. See Account and Backup.
The portal menu
| Menu | What you do there |
|---|---|
| Cash, Card | Enter cash and card takings. |
| Customer Invoice | Invoices you send to customers. |
| Vendor Bills | Upload bills from your suppliers. |
| Bank Statement | Upload bank statements. |
| Inventory | Products and stock. |
| Purchasing | Suppliers, purchase orders, receipts and import costs. |
| Fixed Assets | Long-lasting purchases such as computers and furniture. |
| HR | Tabs: Employees (with Loans), Staff Hours, Payroll and Holidays. |
| Reports | Managerial reports and statutory filings, with download. |
Who does what
You (in the portal)
- Upload invoices and bills
- Enter cash and card takings, upload bank statements
- Add and update employees
- Log staff hours and prepare payroll
- View and download reports
Your accountant
- Reviews the books and the reports
- Sets up contracts and salary terms
- Files VAT and other returns with the Tax Authority
- Works in Odoo: payroll, taxes, bank lines. See Odoo for Accountants
The system prepares the figures. Nothing is submitted to any authority automatically.
Words you will see
| Word | Plain meaning |
|---|---|
| Bill | A document from a supplier asking you to pay. |
| Invoice | The same kind of document, when you send it to a customer. |
| VAT | Value added tax, 5% in Oman. You charge it on sales and can usually deduct what you paid on purchases. |
| Draft | Saved but not yet booked. A draft has no effect on the books until it is posted. |
| Posted | Booked in the accounts. A posted document is final. |
| Fixed asset | Something the company buys once and uses for years, such as a computer or furniture. |
| Depreciation | Spreading the cost of a fixed asset over the years you use it. |
| Reconcile | Matching a bank line with the invoice or bill it paid. |
| Statutory filing | A return the law requires you to file, such as the VAT return. |
| OMR | Omani rial. It has three decimals: 1.000 is one rial and 0.001 is one baisa. |
Language
The portal is available in English and Arabic. Use EN or AR at the top of the portal to switch. Arabic shows right to left.
Need help?
For your figures, your books or a filing, ask your accountant. For a technical problem with the portal, write to support [at] fiscfort.com.