Qoyod — Independent Software Review

All-in-one cloud accounting software for Saudi businesses.

Compliance Transparency Index

Grade: B — Score: 73/100

Best For

Not Ideal For

Operational Overview

Qoyod is a fully cloud-based accounting software that ensures compliance with ZATCA regulations, offering features such as e-invoicing in UBL XML format, QR codes, and instant submission to the Fatoora platform. Its architecture allows for seamless access from any device, ensuring real-time updates and data synchronization without the need for local setups.

The platform is designed to streamline workflows for both business owners and accountants. Business owners can manage their finances effortlessly with an intuitive interface, while accountants benefit from advanced tools like standardized journal templates and compliance reports, enhancing efficiency and accuracy in managing multiple clients.

By prioritizing data security with enterprise-grade protection, automatic backups, and role-based permissions, Qoyod mitigates risks associated with financial data management. The software is trusted by over 25,000 businesses in Saudi Arabia, reflecting its reliability and effectiveness in the local market.

Pricing Structure

Basic: SAR 120/month or SAR 1,200/year

Pro: SAR 180/month or SAR 1,800/year

Advanced: SAR 330/month or SAR 2,211/year promotional annual price shown

Enterprise: Custom pricing

Optional add-ons: Payroll SAR 10/employee/month, POS SAR 50/user/month, extra users SAR 20/user/month, extra locations SAR 40/location/month

Alternative Consideration

Consider switching to QuickBooks: QuickBooks offers a broader range of features for international businesses.

Frequently Asked Questions

Does Qoyod support ZATCA Phase 2 e-invoicing?

Yes, Qoyod supports ZATCA Phase 2 on the Pro plan and above according to the captured pricing page. Qoyod says its e-invoicing workflow uses UBL XML, QR code, digital signature, and instant transmission to the Fatoora platform. Buyers should still confirm their own ZATCA onboarding status and invoice approval workflow before relying on any accounting system for compliance.

Is Qoyod only for Saudi Arabia?

Qoyod is built first for Saudi Arabia, and that is one of its main strengths. Its site positions the product around Saudi VAT, ZATCA e-invoicing, Saudi PDPL privacy language, and local Saudi business workflows. Companies outside Saudi Arabia should be careful because the vendor site shows Saudi Arabia as active while UAE, Jordan, and Egypt are marked as coming soon.

Can Qoyod replace a full accounting system or is it only for invoices?

Qoyod is more than an invoice generator. The finalized feature research shows accounting, invoices, VAT, payments, credit notes, procurement, fixed assets, depreciation, accounting dimensions, financial reports, POS, integrations, and API coverage. It is still accounting-centered, so companies that need a deeper ERP for manufacturing, HR, procurement, and complex operations may need a broader system.

Does Qoyod include POS, sales, and inventory features?

Yes, Qoyod has a POS product that connects sales with accounting, VAT, inventory, and ZATCA e-invoices. The vendor documents barcode scanning, split payments, offline mode, employee permissions, daily session reports, real-time inventory visibility, and automatic accounting entries for sales. POS is treated as an optional add-on in the captured pricing page, so buyers should include it in the total cost review.

Can Qoyod work for accountants managing multiple clients?

Yes, Qoyod has an accountant-focused edition as well as the business-owner edition. The accountant workflow adds features such as recurring journal templates, accounting dimensions, fixed-asset management, audit reports, granular permissions, and client-ready reporting. This makes Qoyod a stronger fit for Saudi accountants than a simple invoicing tool, but firms should check whether their client count and user needs fit the plan limits.

Can Qoyod migrate existing accounting data?

Qoyod's captured pricing page includes a FAQ asking whether existing data can be migrated, which shows that migration is a real buyer concern. The public product research does not give enough detail to promise a full migration scope for every accounting system. Buyers should ask Qoyod which records can be migrated, whether the migration is self-service or assisted, and whether migration work is included in the selected plan or handled as a separate service.

How does Qoyod compare with Zoho Books for Saudi businesses?

Qoyod is the cleaner fit when the priority is Saudi-first accounting, ZATCA Phase 2 e-invoicing, local VAT workflows, Arabic-market support, and Saudi-focused integrations. Zoho Books is broader for companies that want a larger international software ecosystem, multi-country workflows, and tight connection to the wider Zoho suite. The tradeoff is that Qoyod is more locally specialized, while Zoho Books is more globally generalized.

How does Qoyod compare with Odoo?

Qoyod is a focused Saudi accounting platform, while Odoo is a broader ERP suite covering accounting, inventory, CRM, ecommerce, HR, project, and many other business apps. Qoyod is likely easier to evaluate for Saudi accounting and ZATCA e-invoicing because the product boundary is narrower. Odoo is the better alternative when the buyer wants one configurable ERP stack, but it usually requires more setup and implementation discipline.

Does Qoyod integrate with payment, ecommerce, CRM, and payroll tools?

Yes, Qoyod lists integrations across payments, ecommerce, HR and payroll, CRM, files, forms, messaging, and spreadsheets. The finalized feature research includes integrations such as Google Sheets, HubSpot, HyperPay, Jahez, Jisr, Magento, Moyasar, MyFatoorah, PayTabs, Pipedrive, Salesforce, Salla, Shopify, Stripe, and Tap Payments. Qoyod also publishes API documentation with resources for accounts, products, inventories, vendors, invoices, payments, receipts, and journal entries.

Is Qoyod suitable for compliance and security reviews?

Qoyod publishes privacy, terms, Saudi PDPL language, retention wording, data-rights language, a legal entity, and a Saudi contact address, which helps with basic vendor review. The public research did not find SOC 2, ISO 27001, GDPR, or SSO documentation, so enterprise buyers should not assume those controls are available. Qoyod is strongest for Saudi accounting and ZATCA compliance review, not for buyers that require a mature public security-trust portal.

AI Visibility Report

How AI agents (ChatGPT, Perplexity, Claude, others) read this review page in the past 7 days. Updated weekly. View Qoyod AI Visibility Report.