Some Basic Knowledge
What Do You Understand By e-Invoicing ?
E-invoicing is the digital version of traditional invoicing, where invoices are created, processed, and stored electronically. It uses secure, standardized formats, allowing both buyers and sellers to automate and streamline transactions.


Governments worldwide are increasingly mandating e-invoicing to enhance tax transparency and reduce tax evasion. For example:
- GCC: Saudi Arabia's Zakat, Tax and Customs Authority (ZATCA) has mandated e-invoicing for all businesses in Saudi Arabia. Implementation deadlines are determined based on the annual turnover of each business. By the end of December 2025, nearly all businesses in the Kingdom are expected to be fully compliant with ZATCA’s Phase-2 e-invoicing requirements. E-invoicing is also gaining momentum across the region, with other GCC nations expected to implement similar mandates sooner or later.
- Europe: Countries like Italy, Spain, and France require e-invoicing for transactions with public entities.We focus on intuitive design for smooth translation into machine-readable code, using code generation tools.

Introducing Muhasib
Your Smart E-Invoicing Solution
SRQ Companies proudly presents Muhasib, our advanced e-invoicing platform designed to simplify and digitize your invoicing process. Built with compliance and convenience in mind, Muhasib enables businesses to generate, manage, and track invoices seamlessly, ensuring full adherence to regional e-invoicing regulations.
Muhasib offers a secure, cloud-based platform accessible anytime, anywhere. It supports both English and Arabic, making it ideal for businesses across the GCC. Users can choose from a range of invoice templates tailored to suit different industries and tax structures. With its user-friendly dashboard, real-time tracking, and built-in reporting tools, Muhasib delivers an efficient and reliable e-invoicing experience that meets both local and international compliance standards like ZATCA of KSA.
Why Choose Muhasib By SRQ Companies ?
We are committed to revolutionize invoicing for businesses of all sizes. Our e-invoicing solution, Muhasib streamlines invoicing and ensures your financial data is secure. By eliminating manual errors and reducing paperwork, our solution helps improve efficiency and supports growth.
Secure and protected financial data accessible 24X7 through our cloud storage.
Automated VAT return filing with compilation of easy and compliant VAT reports.
Compliant with regional and international e-invoicing regulations like ZATCA phase 2 of KSA.
Support for multiple currencies and tax rates
