# Wafeq review (2026): is it worth $26 a month, billed yearly? > Accounting and e-invoicing software for Gulf businesses Checked Nov 12, 2026 ยท graded Nov 12, 2026 by ToolGPA. 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. - **Category:** Accounting & Invoicing - **Made by:** Wafeq AlAlamiyya For Information Technology Company - **Website:** https://www.wafeq.com/en - **Runs on:** Web - **Who should skip it:** Skip it if you only need basic invoicing at $26 and expect books, as fuller accounting starts at Plus. - **Facts last checked:** Nov 12, 2026 ## 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). - **Pricing model:** Free trial - **Free plan:** None. - **Free trial:** 14-day free trial, no credit card needed. | Plan | Price | What you get | | --- | --- | --- | | Starter | $26 per month, billed annually ($32 billed monthly) | For small businesses that only need invoicing; $312 a year. | | Plus | $32 per month, billed annually ($39 billed monthly) | Everything in Starter, for businesses that want to control their finances; $384 a year. | | Premium | $55 per 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 https://www.wafeq.com/en/pricing on Nov 12, 2026. Prices change, so confirm with Wafeq before buying. ## Ways to pay less - **12 months for the price of 10 on yearly plans** (Annual discount): The pricing page says yearly billing gives two months free, and a quarterly option takes 12% off. Source: https://www.wafeq.com/en/pricing ## 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. ## Good for - Businesses in Saudi Arabia and the UAE that must issue e-invoices - Accounting firms that manage several clients' books - Companies that need payroll and inventory in one system ## 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. ## ToolGPA grades **GPA: 2.0 out of 4**, graded Nov 12, 2026. 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. - **Value for money: C.** Starter is $26 a month billed yearly ($32 monthly), which sits at the middle of accounting tools ($26). Plus is $32 and Premium $55. - **Free plan and trial: C.** A 14-day trial with no card needed. There is no free plan. - **Features: C.** Invoices, 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. - **Ease of use: C.** No store rating on record. You set up your company, chart of accounts and tax details first. - **Platforms and integrations: C.** A web app with an API and accountant tools. No phone apps and no integrations list were found. These are ToolGPA's own grades. 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. ## Where it 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. The category's chart of price against score: https://toolgpa.com/charts/accounting ## Keep it, 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. - You could make: Invoicing, inventory, quotes and estimates and reports: an app builder makes these well. - You could not: Live feeds from your bank, which take an agreement with each bank or a service that has them. - You could not: Payroll taxes worked out and filed with the government for you. - You could not: An API that other software can build on. A judgement by ToolGPA from this listing, by rules that are the same for every tool. Nothing was built to test it. **Tags:** Invoicing, Bookkeeping, Payroll, Inventory, Quotes and estimates, Reports, Public API ## Alternatives - [Zoho Books](https://toolgpa.com/tools/zoho-books): Online accounting from Zoho, with a free plan and six paid tiers. [Compare](https://toolgpa.com/compare/wafeq-vs-zoho-books) - [Odoo](https://toolgpa.com/tools/odoo): Business app suite whose Accounting app is free when used on its own. [Compare](https://toolgpa.com/compare/odoo-vs-wafeq) - [QuickBooks Online](https://toolgpa.com/tools/quickbooks): Cloud accounting from Intuit, from a free plan to 25-user Advanced. [Compare](https://toolgpa.com/compare/quickbooks-vs-wafeq) - [Xero](https://toolgpa.com/tools/xero): Cloud accounting for small businesses, with unlimited users. [Compare](https://toolgpa.com/compare/wafeq-vs-xero) - [Holded](https://toolgpa.com/tools/holded): Cloud business management with invoicing, accounting and inventory. [Compare](https://toolgpa.com/compare/holded-vs-wafeq) ## Sources The prices, plans, platforms and features above were read from these pages on Nov 12, 2026: - https://www.wafeq.com/en/pricing - https://www.wafeq.com/en Page: https://toolgpa.com/tools/wafeq Listed by ToolGPA (toolgpa.com).