Eighty20 Business Solutions

25/05/2026

The Day of Arafah is not just another day.

it’s a chance to reset your soul.

A day that can erase the sins of an entire year.

Don’t miss it. Fast. Pray. Ask.

Allah listens more closely today.

18/05/2026

A strong Accounts Payable (AP) function isn’t just about paying bills, it's a critical driver of efficiency, control, and cash flow management.

As businesses grow, managing vendor payments, approvals, and financial controls becomes more complex. Without a structured AP process, risks like errors, delays, and fraud can increase significantly.

From purchase orders to invoice processing, approvals, and final payment every step plays a vital role. Key controls like 3-way matching (Purchase Order, Goods Receipt Note, and Supplier Invoice) help ensure accuracy, transparency, and financial discipline.

This visual highlights the AP process flow and why it is essential for building a scalable and well-controlled finance function.

Strong processes don’t just support growth, they enable it.

11/05/2026

Expanding into Saudi Arabia isn’t just about entering a new market it’s about being truly ready for it.

KSA offers massive opportunities, but success depends on more than just intent. It requires the right foundation, the right strategy, and a clear understanding of the market.

From having a strong product-market fit to building a scalable model, from leadership commitment to aligning with the Kingdom’s growth sectors every element plays a critical role.

In this visual, I’ve highlighted a few key factors that can help determine whether a company is truly ready to enter and grow in Saudi Arabia.

If you’re considering expansion into KSA, the question isn’t “Why Saudi?” it’s “Are you ready for Saudi?”

04/05/2026

Understanding financial statements isn’t just for accountants, it's the backbone of every successful business.

If you truly want to know how a business is performing, everything comes down to 3 core reports:

• Balance Sheet what the business owns & owes
• Is the business actually profitable?
• Cash Flow Statement: where is the money coming from and going?

In this visual, I’ve simplified these three essential financial statements into a quick and easy reference to help you better understand business health, performance, and growth.

Whether you’re a business owner, finance professional, or just someone looking to strengthen your financial knowledge, mastering these basics makes all the difference.

27/04/2026

Saudi Arabia’s tax and accounting landscape is highly structured, yet quite complex especially when managing VAT, Zakat, and IFRS compliance together.

In this visual, I’ve broken down the key tax and compliance areas in KSA into a simple, easy-to-understand framework, covering Zakat, Corporate Income Tax, VAT, Withholding Tax, Excise Duty, Customs, Financial Reporting, and essential compliance tips based on current ZATCA regulations.

The aim is to provide finance and accounting professionals with a quick reference that simplifies day-to-day understanding and helps navigate the Saudi regulatory environment more effectively.

Hope this adds value to professionals working within KSA’s evolving financial ecosystem.

22/04/2026

The Corporate Tax deadline is right around the corner.

It’s already 22 April, and in Saudi Arabia, last-minute filings often lead to unnecessary stress, system delays, and a higher risk of errors not to mention potential penalties.

Instead of rushing at the end, it’s always better to complete your Corporate Tax compliance (ZATCA) on time smoothly, accurately, and without pressure.

If your financial year ended on 31 December 2025, this is the time to act not wait until the last moment.

A small delay today can turn into a costly penalty tomorrow.

Stay compliant
Avoid penalties
File with confidence

If you need any guidance or support with your filing, feel free to reach out happy to assist.

13/04/2026

Understanding Zakat in Saudi Arabia is not optional it’s essential.

Zakat is more than just a 2.5% obligation.

It directly impacts how businesses structure their finances, report assets, and plan distributions.

For companies operating in Saudi Arabia:

✔ Ownership structure determines whether Zakat or Income Tax applies

✔ Zakat base goes beyond just cash it includes working capital and specific adjustments

✔ Financial reporting and compliance depend heavily on accurate classification

For accountants and finance professionals, this isn’t just knowledge it’s something you must know.

If you're handling Saudi or GCC entities, mastering Zakat rules can make a real difference in compliance, strategy, and decision-making.

Need guidance on Zakat calculations or compliance? Let’s connect.

02/04/2026

Corporate Tax Filing Deadline is approaching fast.

If your financial year ended on 31 December 2025, your Corporate Tax Filing deadline is 30 April 2026.

Missing the deadline may result in penalties, fines, and possible restrictions on your portal access.

Don’t wait until the last moment make sure your records, financials, and tax filing are completed on time.

Contact eighty20 today for professional support with Corporate Tax Filing, Audit, and Accounting Services.

30/03/2026

Behind every successful business is a smooth Accounts Payable process.

From Purchase Orders to Payment Recording, every step matters in maintaining financial accuracy, vendor trust, and operational efficiency.

A well-structured AP process helps businesses:

• Avoid payment delays
• Improve cash flow management
• Maintain accurate records
• Strengthen vendor relationships
• Reduce errors and duplication

At Eighty20, we help businesses streamline their financial processes for better control and smarter growth.

20/03/2026

16/03/2026

Many accountants hear about Zakat in Saudi Arabia, but the real question is why is it important to understand it?

For finance professionals working with Saudi entities, Zakat is not just a religious concept it is a mandatory regulatory requirement.

Why understanding Zakat matters

Compliance with regulations

Companies operating in Saudi Arabia must follow Zakat rules defined by ZATCA.
Incorrect calculations or reporting can lead to compliance issues.

Accurate financial reporting

Zakat impacts how certain assets, liabilities, and ownership structures are presented in financial records.

Better financial planning

Understanding how the Zakat base is calculated helps companies plan distributions, manage obligations, and avoid surprises during assessments.

Professional relevance

For accountants working with Saudi or GCC-owned companies, knowledge of Zakat rules is becoming an essential skill.

As Saudi regulations continue to evolve, finance professionals who understand Zakat will always be better positioned to support businesses operating in the Kingdom.