Accounting software for UAE construction
Milestone billing, retention, subcontractors and VAT applied at the right tax point — ETX thinks in projects, not just invoices.
Accounting software for construction in the UAE
Construction accounting is not general bookkeeping. Contractors bill by milestone, hold retention, juggle subcontractors, and have to apply VAT at the right tax point on progress claims. Accounting software for a UAE construction company has to think in projects, not just invoices. ETX — a product of KWS Fintech Services — supports project-based accounting and UAE VAT so contractors keep each job's costs, billing and tax straight.
What makes construction accounting different
Project-based costing
Profit is measured per project, not per month. ETX lets you track costs and revenue against each job so you know which projects are actually making money.
Progress billing and retention
You invoice as work is certified and hold retention until completion. ETX supports milestone invoicing and retention tracking, so receivables and VAT match how construction is paid.
VAT tax point on progress claims
On construction services the VAT tax point often follows certified progress or payment, and advance payments and retentions each have timing rules. Applying 5% VAT at the right moment is where generic tools struggle — ETX is built around UAE VAT.
Subcontractors and labour
Managing subcontractor bills alongside your own WPS payroll in one system avoids reconciling across tools.
Why UAE contractors choose ETX
- Project costing so you see profit per job.
- Progress billing and retention tracking built for construction.
- UAE VAT applied at the correct tax point on progress claims.
- WPS payroll with MOHRE SIF generation for your workforce.
- Corporate Tax-ready books, with managed filing available from KWS advisory.
Common questions
What accounting software suits a UAE construction company?
Construction needs project-based accounting, progress/milestone billing, retention tracking, subcontractor management and correct VAT on construction services. ETX supports project costing and UAE VAT so contractors can bill by milestone and keep each project's numbers clear.
How does VAT work on construction contracts in the UAE?
Construction services are generally standard-rated at 5% VAT, with the tax point often tied to payment or certified progress. Retention amounts and advance payments have specific timing. ETX helps you apply VAT at the right point on progress claims and retentions.
Can ETX handle retention and progress billing?
Yes. ETX supports progress/milestone invoicing and lets you track retention held on each project, so your receivables and VAT reflect how construction actually gets paid.
Does ETX help manage subcontractors and WPS payroll?
Yes. You can manage subcontractor bills and, for your own workforce, generate MOHRE-compliant WPS SIF files for salary payments — all in one platform.
Keep every project's numbers straight
Start free — track project costs, progress billing and retention in ETX, with UAE VAT built in.