Chart of accounts
Your own chart of accounts with mapping from operations: platform revenue, Salik, fines, rent, vehicle assets, driver and investor balances.
Accounting
Accounting that already knows your fleet
Multi-currency double-entry books, built into RidePay. Raise invoices, pay bills, reconcile the bank, track VAT and close the month. Every finalized statement, cashin, cashout and expense is already posted.
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Ridepay · Accounting › ReportsCompany › Accounting › Reports
OF
Accounting
Books, invoices, bank and VAT · multi-currency
FY 2026 · Aug
Income statement
1 Jan – 31 Aug 2026 · AED
Revenue — platform earnings1,009,420.00
Revenue — rental & dispatch152,880.00
Cost of sales — fuel, Salik, fines(312,604.10)
Vehicle depreciation(96,000.00)
Salaries & driver payouts(418,250.00)
Rent & bank instalments(87,866.00)
Net profitAED 247,579.90
Balance sheet
Cash-flow statement
Trial balance
General ledger
Vehicle profitability
Tax summary
Base currency AED · sample exchange rates · click the tabs to explore
Everything in the books
A complete accounting module, made for fleets
The essentials of a full small-business accounting package, plus the fleet context general tools don't have.
Invoices, bills & charges
Customer invoices, supplier bills, extra driver charges and reimbursement claims, with multi-line items and tax codes on every line.
Receive, pay & transfer
Record money in and out against what it settles, and move funds between bank and cash accounts with a full trail.
Bank reconciliation
Import a bank statement CSV, match lines to recorded transactions, or create the missing entry straight from a statement line.
VAT & tax codes
Set up tax codes such as 5% UAE VAT with input and output accounts, then pull the tax summary for any period.
Multi-currency
Pick a base currency (AED by default) and add any other. Invoice, bill and pay in foreign currency with exchange rates and FX revaluation.
Financial statements
Income statement, balance sheet, cash-flow statement, trial balance, general ledger and journal register, exported to PDF or CSV.
Journals & auto-posting
Finalized statements and operational screens post to the ledger automatically. Manual journals and reversals for everything else.
Vehicle profitability
Fixed assets with depreciation and loans per vehicle, plus a vehicle profitability report, so profit per plate is real profit.
Balances & settlements
See who owes the company and whom it owes (drivers, investors, suppliers), offset balances without moving cash, and send party statements.
Receivables & payables aging
Aging reports for what customers and drivers owe and what you owe suppliers, filtered by party or vehicle.
Period close & audit log
Monthly period close, year-end close, segregation of duties and an audit log. Give your accountant or auditor their own role.
No double entry by hand
From the statement to the balance sheet
Operations and accounting share one source of truth, so month end is a review, not re-typing.
- Step 1
Statement finalized
Uber, Bolt and Yango earnings, rent, Salik and fines for a driver–vehicle month.
- Step 2
Journal posted
Revenue, receivables, VAT and expenses post to the right accounts automatically.
- Step 3
Bank matched
The platform payout on your bank statement matches the posted entry.
- Step 4
Reports ready
Income statement, balance sheet and tax summary update, filtered by vehicle or party.
Invoices & VAT
Tax invoices your customers can pay today
Invoice rental partners and private-hire clients in their currency, with line-level tax codes and totals converted to your base currency. Payments match against the bank, and the tax summary for each period builds as you go.
- Your own tax codes, such as VAT 5%, with input and output accounts
- Supplier bills, extra driver charges and reimbursement claims
- Allocate receipts and payments against what they settle
- Receivables and payables aging, plus party statements
Tax invoice
INV-1042 · 12 Sep 2026
Al Noor Fleet LLC
TRN 100 4567 8900 003
Dubai, UAE
Bill to
Marina Limo LLC
TRN 100 2233 4455 003
| Description | Qty | Rate |
|---|---|---|
| Vehicle rental — Toyota Camry L 22106 (Aug) | 1 | 6,000.00 |
| Vehicle rental — Nissan Altima L 11842 (Aug) | 1 | 5,500.00 |
| Salik tolls recharged | 42 | 4.00 |
SubtotalAED 11,668.00
VAT 5%AED 583.40
TotalAED 12,251.40
Paid · matched to bankPosted to the ledger
Multi-currency
Work in AED, USD, EUR or any currency
Each company chooses its base currency (AED by default). Add the currencies you deal in, keep exchange rates up to date, and RidePay converts every invoice, bill and payment to your base currency for reports.
- Choose your base currency per company
- Invoice, bill, receive and pay in a foreign currency
- Exchange rates you control, with the rate stored on every transaction
- FX revaluation at month end for foreign-currency balances
- Reports in your base currency, so the books always add up
Currencies & exchange rates
Accounting settings · rates are examples
| Currency | 1 unit = AED | Status |
|---|---|---|
| AEDUAE dirham | 1.0000 | Base |
| USDUS dollar | 3.6725 | Active |
| EUREuro | 3.9810 | Active |
| GBPBritish pound | 4.7820 | Active |
| SARSaudi riyal | 0.9793 | Active |
| INRIndian rupee | 0.0427 | Active |
Supplier bill · EUR
€ 4,200.00
Booked as AED 16,720.20 @ 3.9810
Month-end FX revaluation
+ AED 312.45
Unrealised gain, posted automatically
FAQ
Accounting, answered
Yes. The Accounting module keeps multi-currency double-entry books (AED by default): chart of accounts, customer invoices, supplier bills, driver charges, journals, bank reconciliation, tax codes such as 5% UAE VAT with a tax summary, and Income Statement, Balance Sheet, Cash Flow and Trial Balance. Finalized statements, cash and expenses post to the ledger automatically, so you do not need a separate bookkeeping tool.
Yes. Give your accountant or auditor an Accounting role. They can post journals, reconcile bank accounts, lock periods and export reports without touching operations or statements.
Any currency you need. Each company picks a base currency (AED by default), and you can add USD, EUR, GBP, SAR, INR, PKR or others with their exchange rates. Invoices, bills and payments can be in a foreign currency; reports convert to your base currency, and FX revaluation keeps balances right at month end.
Put the fleet on one close
Talk to us about onboarding, or compare plans and pricing. The product your office would actually use.
- Monthly, quarterly or yearly plans
- Roles & finalize rights
- Training while contracted