Accounting
Accounting Software That Understands Commission, Not Just Cash
Generic accounting software treats every invoice the same. Muhasib separates commission income from service fees, tracks supplier cost per booking, and applies FTA VAT correctly — automatically.
Travel agency accounting has a structural quirk most bookkeeping software ignores: a chunk of your revenue is commission received from suppliers, not a fee you charged the customer — and mixing the two makes it impossible to see whether a booking was actually profitable.
Muhasib's accounting engine was built with that distinction as a first-class concept, alongside full double-entry bookkeeping, multi-currency supplier payments, and UAE FTA VAT compliance — so your books are accurate by construction, not by careful manual coding.
100%
VAT-correct bookings, by default
Auto
Forex gain/loss posting
Real-time
P&L and balance sheet
The problem
Where things break down today
Commission income mixed in with service fees, making true profitability per booking unclear
Multi-currency supplier invoices (USD, EUR, GBP) with no automatic forex gain/loss tracking
Manual VAT coding for zero-rated international vs. standard-rated domestic travel
Bank reconciliation done manually against dozens of supplier and customer transactions
No real-time P&L — financial position is only known once the bookkeeper finishes month-end
The answer
How Muhasib solves it
Built for UAE travel agencies — not adapted from generic software.
Commission Tracked Separately
Commission receivable from airlines, hotels and tour operators is its own income category — distinct from customer service fees — so true margin per booking is always visible.
Automatic Multi-Currency Postings
Record supplier costs in their original currency; Muhasib converts to AED at the applicable rate and posts forex gain/loss to the ledger without a manual journal entry.
FTA VAT Applied by Configuration
Zero-rated, standard-rated and exempt treatments are set once per service type and applied automatically on every transaction — no per-invoice guesswork.
Payment Matching & Bank Reconciliation
Bank statement lines are matched against open invoices and bills automatically, with a suspense account for anything that needs a human look.
What you get
Modules included
All modules included in every subscription. No à la carte fees.
Why commission needs its own accounting treatment
When a hotel pays your agency 12% commission on a booking, that income didn't come from the customer — it came from the supplier, after the fact, often in a different currency and on a different schedule than the customer's own payment. Recording it as generic "sales income" alongside service fees erases the distinction that actually tells you whether your business model is working.
Muhasib treats commission as its own income category from the ground up, so a manager can answer "how much of our revenue is commission vs. fees we charge directly" with a report, not a guess.
FTA VAT for travel services, without the manual coding
The FTA's VAT treatment for the travel sector has real nuance — outbound international packages are typically zero-rated, domestic UAE travel is standard-rated, and certain add-ons like insurance can be exempt. Coding this correctly, invoice by invoice, is exactly the kind of repetitive work that produces mistakes at volume.
In Muhasib, VAT treatment is set once at the service-type level and applied automatically to every matching transaction from then on — so consistency doesn't depend on any one person remembering the rule correctly every time.
Yes. Zero-rated international packages, standard-rated domestic travel, and exempt components are configured once and applied automatically to every transaction.
Built for your business. Ready in under an hour.
Subscribe today and get your travel agency fully set up on Muhasib — all modules, no hidden fees.