The Wafeq Insider’s Guide
Everything we know about Wafeq in one document: what it costs, its grades, getting a refund, getting help and what else to look at. Read it here, or keep a copy.
Wafeq
The Insider’s Guide
Accounting and e-invoicing software for Gulf businesses
Every plan, grade, refund rule and rival among accounting and invoicing tools, read from Wafeq’s own pages.
Made by Wafeq AlAlamiyya For Information Technology Company · checked Nov 12, 2026 · toolgpa.com
Contents
- 01WelcomeWhat it is, who it suits, its grades and the ten things to know first
- 02What it costsEvery plan, the free plan, ways to pay less and how prices have moved
- 03What it doesIts main features, where it runs, what it works with and who makes it
- 04Where it standsIts grades against its category, and whether to keep it or make your own
- 05The alternativesThe tools it is most often weighed against, side by side
- 06Quick answersThe questions people ask about it, each answered in a line or two
- 07About ToolGPAWho made this guide, what else is on the site, and how to cite it
ToolGPA put this guide together from Wafeq’s own pages, its app-store listings and our grades. Every fact in it is on Wafeq’s page too, where it is kept up to date. Checked Nov 12, 2026.
Part 01 · Overview
Welcome
What it is, who it suits, its grades and the ten things to know first
2.0
GPA, above 11 of the 65 other accounting and invoicing tools we grade
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.
To get you started, here are 9 things to know about Wafeq, taken from its own pages and our grades.
You set up your company, chart of accounts and tax details first.
- 1
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.
- 2
Paid plans start at $26 a month
As its pricing page puts it: $26 per month, billed yearly ($312 a year; $32 billed monthly).
- 3
You can try it first
14-day free trial, no credit card needed
- 4
It runs on Web
Web.
- 5
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.
- 6
Inventory and manufacturing
Inventory tracking and a manufacturing module are listed among the product features.
- 7
Payroll
Manage payroll alongside the books; the homepage lists payroll with the other core modules.
- 8
A 2.0 GPA, above 11 of 65
That is against the other accounting and invoicing tools we grade, on value, the free plan, features, ease of use and platforms.
- 9
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.
Wafeq at a glance
- Pricing
- Free trial, from $26 per month, billed yearly ($312 a year; $32 billed monthly)
- Free plan
- No
- Free trial
- 14-day free trial, no credit card needed
- Runs on
- Web
- Made by
- Wafeq AlAlamiyya For Information Technology Company
- Category
- Accounting & Invoicing
- Our grade
- 2.0 GPA, fair
The report card
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.
| Subject | Grade | Comment |
|---|---|---|
| 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. |
An A is worth 4 points, a B 3, a C 2, a D 1 and an F nothing. The GPA is the average of the five.
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 it 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
Good to know
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.
Part 02 · Pricing
What it costs
Every plan, the free plan, ways to pay less and how prices have moved
$26
A month to start
Wafeq is a paid product with a free trial, starting at $26 per month, billed yearly ($312 a year; $32 billed monthly).
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.
Trying it first
14-day free trial, no credit card needed
Read from wafeq.com on Nov 12, 2026.
Ways to pay less
Annual discount
12 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
Part 03 · Features
What it does
Its main features, where it runs, what it works with and who makes it
1
Place it runs: Web
Accounting and e-invoicing software for Gulf businesses. Here is what it does, as its own site describes it, and what it covers: public API, invoicing, reports, bookkeeping, payroll, inventory, quotes and estimates.
Invoices, quotes, purchase orders, inventory, payroll, reports and tax authority support.
- 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.
Where it runs
- Web
What it works with
Its own pages name no integrations.
Wafeq is made by Wafeq AlAlamiyya For Information Technology Company.
Part 04 · Standing
Where it stands
Its grades against its category, and whether to keep it or make your own
11/65
Other accounting and invoicing tools it is graded above
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
- CFree plan and trialAbove 15 of 65
- CFeaturesAbove 4 of 65
- CEase of useAbove 1 of 65
- CPlatforms and integrationsAbove 1 of 65
Price against what you get
Each dot is one of 58 accounting and invoicing tools. Further left costs less; higher up scores better on features, ease of use and platforms. Wafeq is the marked dot.
What paid plans start at, a month (each step along is roughly double) →
Keep it, or make your own?
Whether this is something you could build for yourself with an AI app builder, and what you would give up.
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.
Part 05 · Alternatives
The alternatives
The tools it is most often weighed against, side by side
Zoho Books, Odoo, QuickBooks Online, Xero and Holded
The 5 tools Wafeq is most often weighed against, with where each one differs from it.
- 3.4GPA
Zoho Books
Free plan · from $15/mo
Online accounting from Zoho, with a free plan and six paid tiers.
- Zoho Books has a free plan. Wafeq does not, though it has a free trial.
- Only Zoho Books lists Windows, iOS and Android apps.
- Wafeq also covers payroll, inventory and quotes and estimates.
- 3.2GPA
Odoo
Free plan · from $31.10/mo
Business app suite whose Accounting app is free when used on its own.
- Odoo has a free plan. Wafeq does not, though it has a free trial.
- Only Odoo lists iOS and Android apps.
- Odoo is open source and self-hostable, according to its own site.
- 2.4GPA
QuickBooks Online
Free plan · from $38/mo
Cloud accounting from Intuit, from a free plan to 25-user Advanced.
- QuickBooks Online has a free plan. Wafeq does not, though it has a free trial.
- Only QuickBooks Online lists iOS and Android apps.
- Wafeq also covers inventory and quotes and estimates.
- 2.6GPA
Xero
Free trial · from $27/mo
Cloud accounting for small businesses, with unlimited users.
- Only Xero lists iOS and Android apps.
- Wafeq also covers inventory and quotes and estimates.
- Xero also covers expense tracking.
- 2.2GPA
Holded
Free plan · from €19/mo
Cloud business management with invoicing, accounting and inventory.
- Holded has a free plan. Wafeq does not, though it has a free trial.
- Only Holded lists iOS and Android apps.
- Wafeq also covers reports, payroll and quotes and estimates.
Part 06 · Questions
Quick answers
The questions people ask about it, each answered in a line or two
13
Questions, each answered in a line or two
The short version of everything above, for when you only need the answer. Each one is told in full in its part of the guide.
Is Wafeq free?
No, Wafeq is a paid product, but you can try it first. 14-day free trial, no credit card needed.
How much does Wafeq cost?
Wafeq lists 4 plans. Starter: $26 per month, billed annually ($32 billed monthly).
What platforms does Wafeq work on?
Wafeq is available on Web.
Does Wafeq offer any discounts?
Wafeq publicly lists the following: 12 months for the price of 10 on yearly plans.
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.
Who makes Wafeq?
Wafeq is made by Wafeq AlAlamiyya For Information Technology Company.
What are the alternatives to Wafeq?
The closest alternatives to Wafeq in our directory are Zoho Books, Odoo, QuickBooks Online, Xero and Holded.
How does Wafeq compare with other 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.
Is Wafeq good value for money?
ToolGPA grades Wafeq C for value for money. On features, ease of use and platforms it scores 2.0 out of 4.
Could I make my own version of Wafeq?
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.
Where this guide comes from
The prices, plans, platforms and features were read from Wafeq’s own pages on Nov 12, 2026, and the grades were given on Nov 12, 2026. 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.
Every tool we list gets five grades, A to F, each with its reason, and a GPA that averages them. How each is decided is at toolgpa.com/grades. This guide is ToolGPA’s own work; it is not made, paid for or approved by Wafeq AlAlamiyya For Information Technology Company. Prices change, so check wafeq.com before you buy.
Part 07 · About
About ToolGPA
Who made this guide, what else is on the site, and how to cite it
5,038
Tools graded, in 95 categories
ToolGPA grades software the way a school report grades a pupil: five subjects, a letter for each with the reason written beside it, and a GPA that averages them. Prices, plans and platforms are read from each maker’s own pages and dated, so you always know how fresh a figure is.
Every grade, review and ranking on ToolGPA is our own judgement. No company can pay for a grade or change one. Every tool on the site has a guide like this one, free to download and pass on. It all lives at toolgpa.com.
5,038
tools graded
95
categories
739
price changes on record
579
apps priced in 12 countries
What else is on toolgpa.com
- Wafeq, kept up to dateEverything in this guide, with prices and grades as they are todaytoolgpa.com/tools/wafeq
- How grades are givenThe rules behind every letter and every GPAtoolgpa.com/grades
- Value chartsWhat each tool costs against what it scores, for every categorytoolgpa.com/charts
- CompareAny two tools side by side, plan by plantoolgpa.com/compare
- Price changesEvery price rise and cut on record, each with its sourcetoolgpa.com/price-changes
- Prices by countryWhat apps cost on the App Store in 12 countriestoolgpa.com/prices-by-country
- Pay lessEvery public discount: yearly billing, students, nonprofitstoolgpa.com/save
- Keep or makeWhich tools are worth paying for, and which you could build yourselftoolgpa.com/keep-or-make
Scan for the live page
Prices and grades as they are today
Quoting this guide?
Please name ToolGPA and link to the live page, so readers can check the figures for themselves:
ToolGPA, "Wafeq: The Insider's Guide", checked Nov 12, 2026. https://toolgpa.com/tools/wafeq
Know someone choosing between accounting and invoicing tools?
Send them this guide: toolgpa.com/tools/wafeq/guide
ToolGPA elsewhere: youtube.com/@toolgpa
See our other guides
The best-graded accounting and invoicing tools after Wafeq, each with an Insider's Guide of its own.
- Accounting & Invoicing Insider's GuideEvery one of the 67 accounting and invoicing tools we grade, compared
- Zoho Invoice Insider's GuideFree invoicing app from Zoho for freelancers and small businesses3.6 GPA
- Zoho Books Insider's GuideOnline accounting from Zoho, with a free plan and six paid tiers3.4 GPA
- Odoo Insider's GuideBusiness app suite whose Accounting app is free when used on its own3.2 GPA
Choosing software? Every tool graded, every price dated.
Compare tools at toolgpa.com ›Everything in this guide is ToolGPA’s own summary of what Wafeq’s pages, its app-store listings and public reviews said on the dates shown. Grades are our judgement under the rules at toolgpa.com/grades. Every grade, review and ranking on ToolGPA is our own judgement. No company can pay for a grade or change one. Wafeq is a trademark of its owner, and this guide is not made, paid for or approved by Wafeq AlAlamiyya For Information Technology Company. Prices and plans change: check wafeq.com before you buy.