Accounting software for Iraqi companies and government departments
Genoa Systems is a software company that provides financial and accounting solutions built with the latest technology and with AI designed for accounting and financial work. It has two separate accounting products for the Iraqi market. Genoa is for companies, uses the Unified Accounting System chart of accounts, can prepare IFRS-based financial statements, and brings together accounting, inventory, sales and purchasing, and customer and supplier ledgers with ageing. Genoa Gov is for the accounts sections of Iraqi government departments and covers vouchers with multi-user approval, budgets and allocation checks, cheques, and month-end and year-end closing.
- Unified Accounting System and IFRS statements
- Multi-user approval workflow
- Full audit trail for amendments
- A separate database per office
- Dinar and dollar (optional)
What is Genoa?
Genoa is accounting and inventory software for Iraqi companies that uses the Unified Accounting System chart of accounts and can prepare financial statements based on International Financial Reporting Standards (IFRS). It brings accounting, inventory, sales and purchasing, and customer and supplier ledgers with debt ageing into one product. Multi-currency (US dollars alongside Iraqi dinars) and landed cost (freight and customs added on top of item cost) are optional features: they are off by default and are switched on per organisation.
- Unified Accounting System and IFRS statements
- Accounting
- Inventory
- Sales and purchasing
- Customer and supplier ledgers
- Multi-currency Optional feature
- Landed cost Optional feature
What is Genoa Gov?
Genoa Gov is government accounting software for the accounts sections of Iraqi government departments. Vouchers go through an approval workflow involving more than one user, and every amendment to a posted voucher is kept in a full audit trail. It also covers budgets and allocation checks, cheques, month-end and year-end closing, a legislation library, and a separate database for each office.
- Vouchers and approval
- Voucher amendments
- Budgets and allocations
- Cheque handling
- Month and year closing
- Legislation library
- Office databases
See the software
Real screenshots of the software, with entirely fictional demo data. Select any image to open it at full size.
Genoa for companies
Genoa Gov for government
Financial and accounting solutions with the latest technology and AI
Genoa Systems provides financial and accounting solutions built with the latest technology, with AI designed for accounting and financial work.
To find out which of these solutions are available for your company or department, and how they fit the way your accounts team works, book a demo.
Book a demoWhich product fits your organisation?
Genoa and Genoa Gov are separate products, each with its own modules. The table below summarises the difference.
| Genoa | Genoa Gov | |
|---|---|---|
| Built for | Iraqi companies that buy, sell and hold stock | Accounts sections of Iraqi government departments and their sub-units |
| Core modules | Accounting, inventory, sales and purchasing, customer and supplier ledgers with ageing | Vouchers and approval workflow, amendment of posted vouchers, budgets and allocations, cheques, month and year closing, legislation library |
| What sets it apart | The Unified Accounting System chart of accounts and IFRS-based statements; multi-currency and landed cost are optional, off by default and switched on per organisation | A full audit trail for every amendment to a posted voucher, and a separate database for each office |
| Details | Genoa for companies | Genoa Gov for government |
Clear principles in both products
Unified Accounting System and IFRS statements
Genoa uses the chart of accounts of the Iraqi Unified Accounting System and can prepare financial statements based on International Financial Reporting Standards (IFRS), so accountants work with a chart of accounts they know.
What you do not need stays off
Optional features in Genoa, such as multi-currency and landed cost, are off by default and are switched on per organisation as needed.
More than one person on every voucher
Vouchers in Genoa Gov go through a multi-user approval workflow before they are approved.
Every amendment leaves a trace
Amending a posted voucher in Genoa Gov is recorded in a full audit trail that can be reviewed later.
Your accounting data: separation, traceability and backups
Read how Genoa and Genoa Gov handle data separation, the amendment audit trail and backups, plus the questions we suggest asking any accounting software vendor.
Security and backupsBuyer questions, answered directly
We collected the questions accountants and finance managers ask before choosing software, and answered them for each product on its own page.
See the software for yourself
Book a demo and we will walk you through the screens that matter to you, or send us your question on WhatsApp.