Numbers Software is a simple and powerfulsolution

It is an online system where it enables you as a business owner to manage your business financial transactions easier, more precise and flexible, it reduces or eliminates human errors in calculation. It helps you increase productivity, efficiency and profitability.

Online access

It is a smart software, it does not require you to download or update on your device, all you need is your username and password to login into your account.

Use friendly by all team members

Numbers software is designed to be easy to use. enables the account owner the flexibility to include more than one user with an advantage to control and modify the permissible tasks.

All updates are free

You do not need to be updated from the information management department or a monthly follow up from the system engineers.  The system is stored and functioning efficiently and therefore all the updates we do without having to visit you or add any additional costs.

24/7 access

you can access into your business financial information and reports at any time and anywhere, as long as you have access to an internet connection by using any operating system from any device.

Auto-save

Data storage is a great advantage created in the system. Providing with the feature of automatic saving and all data are saved to the last click by the user.

Saves time and efforts

Through Numbers we guarantee to save you time to access and extract of data, for example, when signing in, the system summarises the most important figures and indicators, to allow decision-making and evaluation of performance on the home page.

Fixed fee

Providing you with an excellent software solution and a reasonable price with an annual subscription fee of 300LYD.

Ease of use

Numbers is designed in an easy way to use, facilitated with a portal to guide the users in how to better manage and record daily financial transactions.

Technical support

We support our user in all technical problems, there is no need to worry because our friendly technical team are ready to guide you through the technical process and solve out any problem you might have.

Aboutus

KCPA is the first company in Libya specialised in developing the way SME record and manage their books. The company founded in 2013.

To have a positive impact on the Libyan economy by helping SME grow.

Develop a better way in managing the business finance.

Arkam Software Directory

The aim of this Arkam Software Directory is to help you find the right person for the right tasks.

Adviser

Usually, and Adviser can be non accountant who can help you to use the Arkam and record keeping your transactions.

Accountant

A newly graduate accountant that you can rely on in using Arkam and help you grow your business.

Charted Accountant

Charted Accountant can help you in preparing the year end accounts, stamp and, submit them to tax authority using the data in your Arkam account.

Quality, Reliability and Affordability

Pricesof our services

As part of our plan to help small and medium businesses grow and thrive we have designed three fixed fees plan to support you by a dedicated accountant managing your accounts and financial transactions. This will enable you to focus more on your main activities and core competences.

Basic

125

LYD, Per Month
  • Dedicated Accountant
  • Online Bookkeeping
  • 1 – 10 invoices a month
  • 1 – 10 Transactions a month
  • Accounts preparation
  • Tax declarations
  • Filling and submission
  • Unlimited accountancy consultation
  • Prepare an annual report

Umbral

300

LYD, Per Month
  • Dedicated Accountant
  • Online Bookkeeping
  • 1 – 50 invoices a month
  • 1 – 100 Transactions a month
  • Accounts preparation
  • Tax declarations
  • Filling and submission
  • Unlimited consultations
  • Prepare an annual report

FrequentlyAsked Questions

If you can’t find your answers here please contact us.

What is a statutory audit report?

A statutory audit is an audit that is required by a government agency and does not pertain to all businesses. For example, statutory audits are required specifically by institutions, such as tax authority, pension scheme, mid companies and other government stakeholders.

Why an entity is required to deal with accounting and audit firms?

It’s a statuary requirement by corporation law to ensure transparency in terms of their financial standing to tax authorities. For these reasons, accountancy and audit firms are employed to present and give a fair view of the business results to external stakeholders such as Tax authority, shareholders, and other stockholders.

What is meant by Tax?

An involuntary fee charged to corporations or individuals that is enforced by the government in order to finance government activities. Governments consider taxes as sovereign incomes.

What is budgeting?

Budgeting is a quantitative plan used as a tool for deciding which activities will be chosen for a future time period it’s also used to control the business activity by comparing the budget to actual. It’s very common tool in modern business, giant corporations and, government.

What is a Company Tax Return?

A Company Tax Return is a document which is filed for each accounting period by companies liable for Corporation Tax. A company has to file a return each year, even if it has not made any profit.

What is accounts year end?

The accounts year end is the closing adjustment period of a company’s accounting year. At the year end, a company must go through the process of adjusting each entry to an account in order to properly state these entries for financial statement preparation purposes and hence enhance decision making.

What is meant by fiscal year?

A fiscal year is the twelve-month period that an organisation uses for budgeting, forecasting and reporting. The Libyan commercial law requires all entity to have a fiscal year starts and ends on (1st of January – 31st of December).

What are the financial statements?

The financial reporting is set of reports translate the position of a company in terms of the profitability, solidity, and liquidity, these reports are Statement of financial Position, Income Statement, Statement of cash flows, and statement of Change in equity.

What is cloud accounting?

Cloud accounting software is similar to traditional, on-premises, or self-install accounting software, only the accounting software is hosted on remote servers, similar to the SaaS (Software as a Service) business model. Data is sent into “the cloud,” where it is processed and returned to the user. All application functions are performed off-site, not on the user’s desktop.

What is meant by assets?

Assets are statement of financial positions accounts, there are two group of assets:

Non-current asset is a resource with economic value that an individual, corporation or country owns to function. An example of non-current assets is property’s plant’s, machinery and, vehicles. There are also other intangible assets such as goodwill, franchises, patent and, researches.

Current assets are balance sheet accounts that represent the value of all assets that can reasonably expect to be converted into cash within one year. An example of current assets is cash and, inventory, prepaid expenses.

Organisations Associated WithKCPA

FounderMessage

Suleiman Krayem, Founder & Managing Partner

Accountancy is something I am passionate about. I have always enjoyed mathematics and problem solving. This is why I chose to work in the financial industry and focus on this in higher

education and professional qualifications.

As a family business working with international organisations and then worked for recognised intranational companies I have been able to broaden my experience and understanding of what a client needs from an accountant. This is why I established this firm.

It is not an easy route, but working as an accountant and in this sector gives me the opportunities to innovate and develop the very best of services to give client the tools they need to flourish.

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ContactUs

Contact Us
ADDRESS

10.08.261 Apartment ,
Kass Bin Sadah Street
Dahra,
Tripoli Libya,
P.O. Box: 81948

PHONE

+218 21 3342988

MAIL

info@kcpa.ly

OurClients

Since 2011, Libya has been experiencing economic and political obstacles; however, our services have been expanding to target several sectors with a significant financial stake.