Project-finance connection

Useful structures include project/cost codes, customer invoices, supplier invoices, expenses, payment status, retention where applicable, revenue/cost reporting and cash-flow visibility.

Control principles

• Use approved source documents and controlled numbering.
• Separate operational approval from accounting posting where practical.
• Reconcile receivables, payables, bank and tax records.
• Keep audit trails for edits, reversals and approvals.
• Restrict sensitive financial access by role.

UAE note: VAT, corporate tax and e-invoicing configurations should be verified against current FTA requirements and professional advice before production use.