Contractors
Know what every job really earns.
Quote from the site, send receipts with the project in the caption, and see billed, spent and margin for each job, against the contract value and the budget.
villa 12
09:02 AMDanube Building Materials · AED 2,310.00
Date: 2 Nov 2026
Category: Building materials
VAT: AED 110.00 — claimed on your VAT return
Project: Villa 12 — Al Barsha
Record it
Recorded — EXP-2026-00091. Danube Building Materials, AED 2,310.00, on Villa 12. Marked paid.
What's different about your books
Retention
Clients often hold back part of each payment until handover. That money is still owed to you and needs tracking until it's released.
Variations change the contract
Each variation changes the value of the job. Margin is only right if the contract value is kept up to date.
Construction is standard-rated
Construction services are generally standard-rated at 5%. The first supply of a new residential building, within three years of completion, can be zero-rated.
Costs on the right job
Materials, labour and equipment bought for one site and booked to another make every job's margin wrong.
General information about UAE VAT, not tax advice. How a rule applies depends on your exact supplies; check with your accountant or the FTA.
How Fisqel fits your day
Quotations & projects
Quote from the site
Type the quotation; send the PDF; invoice it when it's accepted.
Learn moreQuotations & projects
Costs on each project
“villa 12” in the caption puts the receipt on Villa 12.
Learn moreQuotations & projects
Milestones, variations, retention
Bill by stage, update the contract, track what's held back.
Learn moreTeam & approvals
Site staff send receipts
Foremen send theirs from their own phones; you approve with a tap.
Learn more
Questions
Can I see profit per project?
Yes. Each project shows billed, spent and margin against its contract value and cost budget.
Do quotations need the Business plan?
Yes, quotations are on Business and Pro. Projects work on every plan.
Can I share a statement with a client?
Yes. Each project has a statement of everything invoiced and paid on it.
Other industries
Keep your books the way you run your business.
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