Saudi Arabia: Templates and Extensions

The Saudi Arabia Section of the Banana Template Store offers free templates and specific extensions for Saudi Arabia, designed for different types of users, purposes, and levels of accounting knowledge:

  • Templates are files in .ac2 format, with predefined charts of accounts and some sample entries.
  • Extensions are small add-ons that expand the program’s functionality with new features and integrations. 

Templates are also accessible directly within the Banana Accounting program (menu File > New).

Saudi Arabia: Templates Business

Saudi Arabia Income and Expense Accounting (with VAT)

In this article

    Saudi Arabia Income and Expense Accounting (with VAT)

    Saudi Arabia Income and Expense Accounting (with VAT)

    Saudi Arabia
    Income & Expense Accounting with vat/sales tax
    Business

    Income and expenses accounting for keeping track of the VAT transactions and printing a VAT Report for Saudi Arabia. Comes with transactions examples.

    Open in Banana WebApp

    Run Banana Accounting Plus on your browser without any installation. Customize the template, enter the transactions and save the file on your computer.

    Open template in WebApp

    Template documentation

    Description

    Works with Saudi Arabia VAT Report.

    Template preview

    Saudi Arabia Small Company

    Basic Currency: SAR

    Income & Expense accounting with VAT/Sales tax

    Table: Accounts
    Group Description Sum In Gr1
             
        BALANCE SHEET    
             
        ASSETS    
      1000 Cash on hand 1  
      1010 Post office current account 1  
      1020 Bank account 1  
      1090 Internal transfers 1  
             
    110   Total Clients CHF 1 1
      1170 Recoverable VAT 1  
             
      1200 Goods for resale 1  
             
      1300 Prepaid expenses 1  
      1301 Accrued income 1  
             
      1500 Machinery 1  
      1510 Office equipment 1  
      1512 Store fixture 1  
      1520 Office machinery 1  
      1521 IT Hardware 1  
      1526 Software 1  
      1530 Motor vehicles 1  
      1600 Commercial buildings 1  
      1610 Industrial buildings 1  
    1   TOTAL ASSETS 00 1
             
             
        LIABILITIES    
    200   Suppliers or Creditors 2 1
      2100 Total Suppliers CHF 2  
      2170 Due to banks short-term 2  
      2200 VAT payable 2  
      2201 Automatic VAT Account 2  
      2202 VAT temporary reverse charge 2  
      2300 Accrued expenses 2  
      2400 Due to banks long-term 2  
    2991   Profit/Loss for the period 2 1
    2   TOTAL LIABILITIES 00 1
             
    00   Net Capital    
             
        PROFIT & LOSS STATEMENT    
             
             
        Customers/Debtors    
      11.001 Customer A 110A  
      11.002 Customer B 110A  
      11.003 Customer C 110A  
      11.004 Customer D 110A  
      11.005 Customer E 110A  
    110A   Total Customers 110 1
             
             
        Suppliers/Creditors    
      20.001 Supplier A 200A  
      20.002 Supplier B 200A  
      20.003 Supplier C 200A  
      20.004 Supplier D 200A  
      20.005 Supplier E 200A  
    200A   Total Suppliers 200 1
             
             
    Table: Categories
    Group Category Description Sum In Gr1
        REVENUE    
      3000 Earnings from own products 3  
      3010 Sales to Private Healthcare 3  
      3090 Discounts on production 3  
      3200 Earnings from resale 3  
      3290 Discounts on resale 3  
      3400 Earnings from services rendered 3  
      6850 Earned interests 3  
      6892 Exchange rate profit 3  
      7000 Earnings from accessory activity 3  
    3   TOTAL REVENUE 02 1
             
        EXPENSES    
        Material, goods and third-party services    
      4000 Raw materials 4  
      4090 Discounts 4  
      4200 Expenses for goods for resale 4  
      4400 Third party expenses 4  
    4   Total Material, goods and third-party services C  
            1
        Expenses for personnel    
      5000 Salaries production 5  
      5700 Contribution to old age insurance and unemployment 5  
      5720 Contribution to pension funds 5  
      5730 Contribution to accident insurance 5  
      5740 Contribution to voluntary daily benefits insurance 5  
      5790 Imposta alla fonte 5  
      5820 Travel and entertainment expenses effective 5  
      5830 Travel and entertainment expense allowance 5  
      5880 Other personal expenses 5  
      5900 Temporary staff 5  
    5   Total expenses for personnel C 1
             
        General expenses    
      6000 Rental 6  
      6200 Repairs expenses 6  
      6300 Insurance 6  
      6400 Gas, water, electricity 6  
      6500 Office supplies 6  
      6600 Advertising 6  
      6700 Other expenses 6  
      6800 Interest expense bank overdrafts 6  
      6842 Exchange rate loss 6  
      6900 Amortization 6  
      8900 Taxes 6  
    6   Total General expenses C 1
             
    C   TOTAL EXPENSES 02 1
             
    02   Profit & Loss   1
             
             
    Table: VAT codes
    VAT Code Description %VAT
      Explanations VAT Codes  
      Initial Char  
      1= Output VAT (Sales)  
      5= Input VAT (Purchases)  
      9=Correction VAT Previous Period  
      Second part  
      5 = 5% rate  
      0 = 0% rate  
         
      VAT codes information (do not modify)  
      id=vatcodes-sa-2019.0  
      Last update: 2019-01-07  
         
      VAT Due  
    15 Standard rated sales 5.00
    15-1 Reverse charge on Purchase 5.00
    10-2 Private Healthcare/ Private Education sales to citizens  
    10-3 Zero rated domestic sales  
    10-4 Exports  
    10-5 Exempt sales  
      Total VAT Due  
         
      Recoverable VAT  
    55 Standard rated domestic purchases 5.00
    55-8 Imports subject to VAT paid at customs 5.00
    55-9 Imports subject to VAT accounted for reverse charge mechanism 5.00
    50-10 Zero rated purchases  
    50-11 Exempt purchases  
      Total Recoverable VAT  
         
    95 Corrections last period 5.00
      Corrections previous period  
      Total VAT payable or VAT credit  
         
         
    :ADJ Adjustements are registered with the same VAT code used for the transactions that needs an adjustment  

    Double entry accounting for Saudi Arabia (With VAT)

    In this article

      Double entry accounting for Saudi Arabia (With VAT)

      Double entry accounting for Saudi Arabia (With VAT)

      Saudi Arabia
      Double-Entry Accounting with vat/sales tax
      Business

      Double entry accounting for keeping track of the VAT transactions and printing a VAT Report for Saudi Arabia.

      Open in Banana WebApp

      Run Banana Accounting Plus on your browser without any installation. Customize the template, enter the transactions and save the file on your computer.

      Open template in WebApp

      Template preview

      Saudi Arabia Company Ltd

      Basic Currency: SAR

      Double-entry with VAT/Sales tax

      Table: Accounts
      Group Description Sum In Gr1
               
          BALANCE SHEET    
               
          ASSETS    
        1000 Cash on hand 1  
        1010 Post office current account 1  
        1020 Bank account 1  
        1090 Internal transfers 1  
               
      110   Total Clients CHF 1 1
        1170 Recoverable VAT 1  
               
        1200 Goods for resale 1  
               
        1300 Prepaid expenses 1  
        1301 Accrued income 1  
               
        1500 Machinery 1  
        1510 Office equipment 1  
        1512 Store fixture 1  
        1520 Office machinery 1  
        1521 IT Hardware 1  
        1526 Software 1  
        1530 Motor vehicles 1  
        1600 Commercial buildings 1  
        1610 Industrial buildings 1  
      1   TOTAL ASSETS 00 1
               
               
          LIABILITIES    
      200   Suppliers or Creditors 2 1
        2100 Total Suppliers CHF 2  
        2170 Due to banks short-term 2  
        2200A Automatic VAT 2  
        2200 VAT payable 2  
        2201 Automatic VAT Account 2  
        2202 VAT temporary reverse charge 2  
        2300 Accrued expenses 2  
        2400 Due to banks long-term 2  
        2800 Share capital 2  
        2850 Private account 2  
        2900 Legal reserves 2  
        2990 Profit (Loss) carried forward 2  
      2991   Profit/Loss for the period 2 1
      2   TOTAL LIABILITIES 00 1
               
               
          PROFIT & LOSS STATEMENT    
               
          REVENUE    
        3000 Earnings from own products 3  
        3090 Discounts on production 3  
        3200 Earnings from resale 3  
        3290 Discounts on resale 3  
        3400 Earnings from services rendered 3  
        6850 Earned interests 3  
        6892 Exchange rate profit 3  
        7000 Earnings from accessory activity 3  
      3   TOTAL REVENUE 02 1
               
          EXPENSES    
          Material, goods and third-party services    
        4000 Raw materials 4  
        4090 Discounts 4  
        4200 Expenses for goods for resale 4  
        4400 Third party expenses 4  
      4   Total Material, goods and third-party services 4-5-6  
              1
          Expenses for personnel    
        5000 Salaries production 5  
        5700 Contribution to old age insurance and unemployment 5  
        5720 Contribution to pension funds 5  
        5730 Contribution to accident insurance 5  
        5740 Contribution to voluntary daily benefits insurance 5  
        5790 Imposta alla fonte 5  
        5820 Travel and entertainment expenses effective 5  
        5830 Travel and entertainment expense allowance 5  
        5880 Other personal expenses 5  
        5900 Temporary staff 5  
      5   Total expenses for personnel 4-5-6 1
               
          General expenses    
        6000 Rental 6  
        6200 Repairs expenses 6  
        6300 Insurance 6  
        6400 Gas, water, electricity 6  
        6500 Office supplies 6  
        6600 Advertising 6  
        6700 Other expenses 6  
        6800 Interest expense bank overdrafts 6  
        6842 Exchange rate loss 6  
        6900 Amortization 6  
        8900 Taxes 6  
      6   Total General expenses 4-5-6 1
               
      4-5-6   TOTAL EXPENSES 02 1
               
      02   Profit(-)/Loss(+) for Profit & Loss Statement 2991 1
               
      00   Difference should be = 0 (blank cell)    
               
               
          Customers/Debtors    
        11.001 Customer A 110A  
        11.002 Customer B 110A  
        11.003 Customer C 110A  
        11.004 Customer D 110A  
        11.005 Customer E 110A  
      110A   Total Customers 110 1
               
               
          Suppliers/Creditors    
        20.001 Supplier A 200A  
        20.002 Supplier B 200A  
        20.003 Supplier C 200A  
        20.004 Supplier D 200A  
        20.005 Supplier E 200A  
      200A   Total Suppliers 200 1
               
               
      Table: VAT codes
      VAT Code Description %VAT
        Explanations VAT Codes  
        Initial Char  
        1= Output VAT (Sales)  
        5= Input VAT (Purchases)  
        9=Correction VAT Previous Period  
        Second part  
        5 = 5% rate  
        0 = 0% rate  
           
        VAT codes information (do not modify)  
        id=vatcodes-sa-2019.0  
        Last update: 2019-01-07  
           
        VAT Due  
      15 Standard rated sales 5.00
      15-1 Reverse charge on Purchase 5.00
      10-2 Private Healthcare/ Private Education sales to citizens  
      10-3 Zero rated domestic sales  
      10-4 Exports  
      10-5 Exempt sales  
        Total VAT Due  
           
        Recoverable VAT  
      55 Standard rated domestic purchases 5.00
      55-8 Imports subject to VAT paid at customs 5.00
      55-9 Imports subject to VAT accounted for reverse charge mechanism 5.00
      50-10 Zero rated purchases  
      50-11 Exempt purchases  
        Total Recoverable VAT  
           
      95 Corrections last period 5.00
        Corrections previous period  
        Total VAT payable or VAT credit  
           
           
      :ADJ Adjustements are registered with the same VAT code used for the transactions that needs an adjustment  

      Double entry accounting for Saudi Arabia (With Multi-currency and VAT)

      In this article

        Double entry accounting for Saudi Arabia (With Multi-currency and VAT)

        Double entry accounting for Saudi Arabia (With Multi-currency and VAT)

        Saudi Arabia
        Double-Entry Accounting with vat/sales tax and foreign currencies
        Business

        Double entry multi-currency accounting for keeping track of the VAT transactions and printing a VAT Report for Saudi Arabia.

        Open in Banana WebApp

        Run Banana Accounting Plus on your browser without any installation. Customize the template, enter the transactions and save the file on your computer.

        Open template in WebApp

        Template documentation

        Description

        Works with Saudi Arabia VAT Report.

         

        Template preview

        SA-Multicurrency-VAT

        Basic Currency: SAR

        Double-entry with foreign currencies and VAT/Sales tax

        Table: Accounts
        Group Description Currency Sum In
            BALANCE SHEET    
                 
            ASSETS    
                 
          101001 Trademark SAR 101NCA
        101NCA   Intangible Non Current Assets   1NCA
          102001 Machineries and appliances SAR 102NCA
          102005 Furniture SAR 102NCA
          102010 Hardware SAR 102NCA
          102015 Software SAR 102NCA
        102NCA   Tangible Non Current Assets   1NCA
          103001 Security Deposit SAR 103NCA
        103NCA   Financial Non Current Assets   1NCA
        1NCA   Non Current Assets   1
          107001 Inventory SAR 107CA
        107CA   Inventory   1CA
        10   Clients   108CA
          108001 Invoices to be issued SAR 108CA
        108CA   Trade receivables   1CA
          109001 Advance Payment SAR 109CA
          109005 Prepaid Rent SAR 109CA
          109010 Prepaid License Fee SAR 109CA
          109015 Prepaid Insurance SAR 109CA
          109020 Rent Security Deposit SAR 109CA
        109CA   Other Current Assets   1CA
          110001 input VAT on purchases (box 9) SAR 110CA
          110002 - Input VAT - adjustment unpaid suppliers older than 6 month (box 9) SAR 110CA
          110005 Input VAT - purchase with reverse charge (box 10) SAR 110CA
        110CA   Tax Receivable   1CA
          112001 Cash SAR 112CA
          112005 Bank AED SAR 112CA
          112010 Bank EUR EUR 112CA
          112015 Bank USD USD 112CA
        112CA   Cash and cash equivalent   1CA
        1CA   Current Assets   1
        1   Total ASSETS   00
                 
            LIABILITIES    
          201001 Share Capital SAR 2SE
          201005 Reseve SAR 2SE
          201010 Retained (Profit) or Loss SAR 2SE
        230   Profit or loss of the current year   2
        2SE   Shareholders' Equity   2
          205001 Shareholders' loan - AED SAR 205NCL
          201002 Shareholders' loan - EUR EUR 205NCL
          205010 Long term loan SAR 205NCL
        205NCL   Financial Non Current Liabilities   2NCL
          207001 End of service gratuity SAR 207NCL
        207NCL   Employee Benefit Provision   2NCL
        2NCL   Non Current Liabilities   2
          210001 Bank Loan SAR 210CL
        210CL   Financial Current Liabilities   2CL
        20   Suppliers SAR 211CL
          211005 Invoices to be received SAR 211CL
        211CL   Trade payables   2CL
          212200A Automatic VAT SAR 212CL
          212200 VAT payable SAR 212CL
          212201 Automatic VAT Account SAR 212CL
          212202 VAT temporary reverse charge SAR 212CL
        212CL   Tax liabilities   2CL
          213001 Payables vs personnel SAR 213CL
          213015 Accruals AED SAR 213CL
          213020 Other current liabilities SAR 213CL
        213CL   Other Current Liabilities   2CL
        2CL   Current Liabilities   2
        2   Total LIABILITIES & EQUITY   00
                 
                 
            PROFIT/LOSS STATEMENT    
                 
            EXPENSES    
                 
          301001 Variation of inventories SAR 301MA
          301005 Purchase of materials SAR 301MA
          301015 Duty and freight SAR 301MA
        301MA   Material   3OC
          302001 Licenses SAR 302SE
          302005 Administrative costs SAR 302SE
          302010 Professioanal consultancies SAR 302SE
          302015 Legal fee SAR 302SE
          302020 Accounting services SAR 302SE
          302025 Audit fee SAR 302SE
          302030 Utilities SAR 302SE
          302035 Maintenance and repairs SAR 302SE
          302040 IT services SAR 302SE
          302045 Office rent SAR 302SE
          302050 Travel expenses SAR 302SE
          302055 Marketing expenses SAR 302SE
          302060 Insurance SAR 302SE
        302SE   Services Rental and Lease   3OC
          303001 Salary SAR 303PE
          303005 End of service SAR 303PE
          303010 Health insurance SAR 303PE
          303015 VISA SAR 303PE
          303020 Other personnel cost SAR 303PE
        303PE   Personnel   3OC
          304001 Amort machineries and appliances SAR 304AM
          304005 Amort furniture SAR 304AM
          304010 Amort hardware SAR 304AM
        304AM   Amortisation   3OC
          305001 provision for doubtful accounts SAR 305OT
          305015 other provision SAR 305OT
          305020 Negative adjustments SAR 305OT
        305OT   Other costs   3OC
        3OC   Operating costs   3
          306001 Bank interest payable SAR 3FC
          306005 Foreign currency losses SAR 3FC
        3FC   Finance Costs   3
        3   Total EXPENSES   02
                 
            REVENUE    
          401001 Sales SAR 401EI
        401EI   External Incomes   4OI
          402001 Services Intragroup SAR 402II
        402II   Intragroup Incomes   4OI
          403001 Positive adjustments SAR 403OI
          403005 Ohter Incomes SAR 403OI
        403OI   Other Incomes   4OI
        4OI   Operating revenues   4
          404001 Bank interest receivable SAR 4FI
          404005 Foreigh currency profit SAR 4FI
        4FI   Finance Income   4
        4   Total REVENUE   02
                 
        02   Profit(-) Loss(+) from Profit & Loss Statement   230
                 
        00   Difference should be = 0 (blank cell)    
                 
                 
            Customers/Debtors    
          11.001 Altmann&Sons SAR 10A
          11.002 Peter&Co. SAR 10A
          11.003 MC SAR 10A
          11.004 JDWater SAR 10A
          11.005 RossiCostruzioni SAR 10A
        10A   Total Customers   10
                 
                 
            Suppliers/Creditors    
          20.001 Smith&Co SAR 20A
          20.002 Doe&Sons SAR 20A
          20.003 BosiaSoftware SAR 20A
        20A   Total Suppliers   20
        Table: VAT codes
        VAT Code Description %VAT
          Explanations VAT Codes  
          Initial Char  
          1= Output VAT (Sales)  
          5= Input VAT (Purchases)  
          9=Correction VAT Previous Period  
          Second part  
          5 = 5% rate  
          0 = 0% rate  
             
          VAT codes information (do not modify)  
          id=vatcodes-sa-2019.0  
          Last update: 2019-01-07  
             
          VAT Due  
        15 Standard rated sales 5.00
        15-1 Reverse charge on Purchase 5.00
        10-2 Private Healthcare/ Private Education sales to citizens  
        10-3 Zero rated domestic sales  
        10-4 Exports  
        10-5 Exempt sales  
          Total VAT Due  
             
          Recoverable VAT  
        55 Standard rated domestic purchases 5.00
        55-8 Imports subject to VAT paid at customs 5.00
        55-9 Imports subject to VAT accounted for reverse charge mechanism 5.00
        50-10 Zero rated purchases  
        50-11 Exempt purchases  
          Total Recoverable VAT  
             
        95 Corrections last period 5.00
          Corrections previous period  
          Total VAT payable or VAT credit  
             
             
        :ADJ Adjustements are registered with the same VAT code used for the transactions that needs an adjustment  
        Table: Exchange rates
        Ref.Currency Currency Text
        SAR EUR Euro
        SAR USD US Dollars

        Saudi Arabia VAT Report Extension

        [SA01] Saudi Arabia Tax Invoice (BETA)