Skyline Nexus ERP Skyline Nexus ERP

Knowledge base

Practical reference on accounting, tax and e-invoicing — written to be useful whether or not you ever buy anything from us.

Guides

ZATCA Phase 2 e-invoicing: what integration actually requires Phase 2 of Saudi e-invoicing moves you from printing a compliant invoice to connecting your billing system directly to ZATCA. This guide explains clearance versus reporting, the cryptographic pieces involved, and what breaks in practice. What makes a tax invoice ZATCA-compliant in Saudi Arabia The field-by-field difference between a standard and a simplified tax invoice, what the QR code must contain, and the details that most often make an otherwise correct invoice non-compliant. Filing a Saudi VAT return: what your system needs to produce How the VAT return maps onto your sales and purchase ledgers, why the return and the tax report so often disagree, and what to reconcile before you file. Choosing an ERP in Saudi Arabia: a practical checklist What actually separates ERP systems for a Saudi business — compliance depth, Arabic that works, deployment and data residency, and the questions that expose the difference before you buy. Trial balance to financial statements How double-entry posting becomes a trial balance, balance sheet and income statement, and what an ERP must get right for those numbers to hold up. IFRS and your ERP What IFRS compliance means for accounting software, which standards drive system design, and how to separate a real capability from a marketing claim. CRM that ends in the ledger Why a CRM cut off from accounting costs money, and what quote, order, invoice and receipt look like as one chain of documents that ties to the ledger. Maintenance and the balance sheet How a CMMS feeds the fixed-asset register: capitalise versus expense under IAS 16, componentisation, spare parts, and reconciling the two lists. How ERP modules actually integrate What integrated ERP means in practice: shared master data, subledgers posting to one general ledger, and why batch file transfers drift apart. The month-end close, in order A month-end close in the order the steps must happen: cut-off, accruals, bank and subledger reconciliation, intercompany, FX, suspense accounts and the lock. Balance sheet reconciliation What reconciled means for each balance sheet account class, the evidence supporting each one, and which reconciliations are really a rolled-forward guess. Designing a chart of accounts Designing a chart of accounts that still works in five years: dimensions rather than account proliferation, numbering, control accounts, cost of change. Cash flow is not profit Accrual profit and cash movement are two different measurements. This guide explains the working capital cycle, why growth consumes cash, how to calculate the cash conversion cycle from your own accounts, and the early warning signs that appear before the bank balance does. Working capital and the cost of growth Receivables, inventory and payables are the three levers that decide how much cash your business ties up. This guide works through what happens to cash when revenue doubles, what overtrading looks like, how credit control limits growth, and when to fix the cycle rather than finance it. Unit economics and break-even Contribution margin, fixed and variable cost, break-even in units and in revenue, margin of safety and operating leverage, worked through with illustrative numbers, and why a business can grow revenue while destroying value. Financial controls a small business actually needs Practical financial controls for a business with a handful of staff: segregation of duties when you only have four people, approval limits, bank reconciliation discipline, stock counts, which controls catch fraud and which only create paperwork, and what an owner should personally review every month. How to record a sale Recording a sale in Skyline Nexus, from the POS or Add Sale screen through to the journal entry: what the document status decides, how line tax and order tax are calculated, why a payment is a separate record from the invoice, and what actually posts to the general ledger. How to record a purchase Recording a purchase in Skyline Nexus: what Received, Pending and Ordered actually mean, how input tax is captured line by line, why an unreceived purchase cannot take a payment, and what the entry does to inventory and accounts payable. How to run a trial balance and balance sheet Where the trial balance and balance sheet live in Skyline Nexus, what each filter actually changes, why there are two screens with the same name that produce different numbers, and how to drill from a figure down to the documents behind it. How to cancel or correct a transaction The four ways to undo something in Skyline Nexus and when each is right: editing, deleting, a credit or debit note, and a reversing journal entry. What each does to stock and to the ledger, what a closed period blocks, and why editing a posted document is usually the wrong instinct. How to run payroll Running monthly payroll in Skyline Nexus: setting up salary structures, the three-step processing wizard, what approval does and why it matters, how GOSI and end-of-service accrue, and what the payroll posts to the general ledger. ERP reseller partner: how to become one What becoming an ERP reseller partner involves: partner types, recurring and services revenue, what a vendor programme must give you and how to vet an ERP. ERP partner programme for accounting firms How accounting firms standardise clients on one ERP, the advisory and outsourced-finance revenue it opens, what access to client books needs, and how to join.

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