Wafeq review (2026): is it worth $26 a month, billed yearly?
Accounting and e-invoicing software for Gulf businesses
Black Friday: is there a Wafeq sale?
Wafeq report card
Fair · out of 4.0 · graded Nov 12, 2026
Best for accounting and e-invoicing for Gulf businesses
Wafeq is accounting and e-invoicing software for Gulf businesses, from $26 a month on yearly billing. The cheapest plan is invoicing only, fuller accounting starts at $32, and it runs as a web app with no listed integrations.
Who Wafeq is for
- Fits if you run a small business in the Gulf and need e-invoicing for the tax authority
- Makes sense if you want inventory and payroll in the same product as the books
Who Wafeq is not for
- Skip it if you only need basic invoicing at $26 and expect books, as fuller accounting starts at Plus
- Not for you if you want phone apps, since none were found
- Watch out: Enterprise is yearly only and sold through sales
- Tight if you want a free plan, as there is only a 14-day trial
- Watch out: monthly billing costs $32 against $26 yearly
Why Wafeq gets a 2.0
Five grades, each with its reason. The GPA is their average: an A is 4 points, an F is none.
- CValue for moneyStarter is $26 a month billed yearly ($32 monthly), which sits at the middle of accounting tools ($26). Plus is $32 and Premium $55.
- CFree plan and trialA 14-day trial with no card needed. There is no free plan.
- CFeaturesInvoices, quotes, purchase orders, inventory, payroll, reports and tax authority support. Starter is invoicing only, and the per-plan feature lists were not read, so gaps are likely.
- CEase of useNo store rating on record. You set up your company, chart of accounts and tax details first.
- CPlatforms and integrationsA web app with an API and accountant tools. No phone apps and no integrations list were found.
What these grades rest on. Graded from this listing, whose facts were read from Wafeq's own pages on 12 November 2026. Not based on using the product, and shorter than our full reviews. How we review and grade.
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<a href="https://toolgpa.com/tools/wafeq#review"><img src="https://toolgpa.com/badge/wafeq.svg" alt="Wafeq: 2.0 GPA on ToolGPA" width="196" height="56"></a>Where Wafeq stands among accounting and invoicing tools
Wafeq's GPA of 2.0 is higher than 11 of the 65 other accounting and invoicing tools we grade, and level with 10.
Its paid plans start at $26 a month, against a middle price of $18.09 for the category: 36 of the 54 others that charge start lower.
On features, ease of use and platforms it scores 2.0 out of 4. 33 tools score higher and cost less.
Each grade against the category
Every bar is all 66 accounting and invoicing tools we grade, cut by the letter each got. Wafeq’s own letter is outlined.
- CValue for moneyAbove 13 of 65, level with 34
- CFree plan and trialAbove 15 of 65, level with 34
- CFeaturesAbove 4 of 65, level with 46
- CEase of useAbove 1 of 65, level with 56
- CPlatforms and integrationsAbove 1 of 65, level with 11
Price against what you get
Each dot is one of 58 accounting and invoicing tools. Further left costs less, and higher up scores better on features, ease of use and platforms. Point at a dot to see which tool it is.
Features, ease of use and platforms, averaged
What paid plans start at, a month (each step along is roughly double) →
- The best score at each price
- Has a free plan
- No free plan
Keep Wafeq, or make your own?
Keep it
To replace Wafeq you would be making live feeds from your bank, which take an agreement with each bank or a service that has them. That is not a weekend's work, with an AI app builder or without one.
That makes this kind of software worth paying for, not this one in particular: 44 of the 65 other accounting and invoicing tools grade higher. It costs $312 a year.
What you could make
- Invoicing, inventory, quotes and estimates and reports: an app builder makes these well.
What you could not
- Live feeds from your bank, which take an agreement with each bank or a service that has them.
- Payroll taxes worked out and filed with the government for you.
- An API that other software can build on.
What this rests on. Wafeq’s listing: what it does, where it runs, what it plugs into and what it costs. It is a judgement about the kind of software this is. We have not built a replacement for it, and making your own means looking after it too. How we decide, and every tool’s verdict.
What is Wafeq?
Wafeq is cloud accounting software run from Saudi Arabia, aimed at business owners and accounting firms. It covers invoices, quotes, purchase orders, inventory, payroll and over 40 financial reports, and the site highlights ZATCA e-invoicing readiness and UAE Federal Tax Authority support.
Worth knowing
- Feature lists per plan sit behind a Show All Features control and were not read; check what each tier includes.
- Starter is an invoicing-only plan; fuller accounting starts at Plus.
- Enterprise is yearly only and priced through sales.
- Quarterly billing is also offered at 12% off, and the page says yearly means 12 months for the price of 10.
Key features
- Invoices, quotes and purchase orders
- Send invoices, quotes and purchase orders from one account, with e-invoicing that the site says is ready for ZATCA phase 2.
- Inventory and manufacturing
- Inventory tracking and a manufacturing module are listed among the product features.
- Payroll
- Manage payroll alongside the books; the homepage lists payroll with the other core modules.
- Financial reports
- Generate more than 40 financial reports to follow how the business is doing.
- Tax authority support
- The site shows ZATCA and UAE Federal Tax Authority logos and a free ZATCA invoice QR scanner.
- API and accountant tools
- Public API documentation, plus accountant perks and a way to hire a Wafeq-certified accountant.
Wafeq pricing
As of Nov 12, 2026, Wafeq is a paid product with a free trial, starting at $26 per month, billed yearly ($312 a year; $32 billed monthly).
- Starts at
- $26 per month, billed yearly ($312 a year; $32 billed monthly)
- Free plan
- None
- Free trial
- 14-day free trial, no credit card needed
| Plan | Price | What you get |
|---|---|---|
| Starter | $26per month, billed annually ($32 billed monthly) | For small businesses that only need invoicing; $312 a year. |
| Plus | $32per month, billed annually ($39 billed monthly) | Everything in Starter, for businesses that want to control their finances; $384 a year. |
| Premium | $55per month, billed annually ($67 billed monthly) | Everything in Plus, for a complete accounting solution; $660 a year. |
| Enterprise | Custom | For medium and large companies; yearly subscription only, sold through sales. |
Read from wafeq.com on Nov 12, 2026. Prices change, so confirm with Wafeq before you buy.
Ways to pay less
- Annual discount12 months for the price of 10 on yearly plans
The pricing page says yearly billing gives two months free, and a quarterly option takes 12% off.
Stated on wafeq.com
Wafeq alternatives
- Wafeq vs Zoho Books
Free plan · from $15/mo
- Wafeq vs Odoo
Free plan · from $31.10/mo
- Wafeq vs QuickBooks Online
Free plan · from $38/mo
- Wafeq vs Xero
Free trial · from $27/mo
- Wafeq vs Holded
Free plan · from €19/mo
Common questions
Does Wafeq have an Android app?
No Android app was listed when its pages were read on Nov 12, 2026. Wafeq is listed for Web.
Does Wafeq have an iPhone app?
No iPhone app was listed when its pages were read on Nov 12, 2026. Wafeq is listed for Web.
Is Wafeq open source?
Wafeq is not described as open source on its own site, as read on Nov 12, 2026.
Does Wafeq have an API?
Yes. Wafeq offers a public API, according to its own site.
Sources for this page
The prices, plans, platforms and features above were read from these pages on Nov 12, 2026.