Frequently asked questions about Genoa

The best accounting software for your company is the one that fits how it actually works; no single program suits every business.

When comparing options, check that the software uses the Unified Accounting System chart of accounts and can prepare IFRS-based financial statements; that it keeps accounting, inventory, sales and purchasing in one system; that it tracks customer and supplier balances with ageing; that it handles both Iraqi dinars and US dollars if your company needs that; and that it can add freight and customs to item cost if you import. Always ask for a demo before you decide.

Genoa covers these points. It uses the Unified Accounting System chart of accounts, can prepare IFRS-based financial statements, and includes accounting, inventory, sales and purchasing, and customer and supplier ledgers with ageing, plus multi-currency (the US dollar alongside the Iraqi dinar) and landed cost as optional features that are off by default and switched on per organisation. You can book a demo and judge for yourself.

Genoa is accounting software for Iraqi companies that buy, stock and sell goods.

It is aimed at wholesalers, distributors, importers, and shops and showrooms that hold stock, as well as companies that deal in both dinars and dollars.

Genoa has four core modules: accounting, inventory, sales and purchasing, and customer and supplier ledgers with ageing.

It also offers two optional features: multi-currency (the US dollar alongside the Iraqi dinar) and landed cost (freight and customs added on top of item cost). Both are off by default and switched on per organisation, according to each company's needs.

Genoa uses the chart of accounts of the Iraqi Unified Accounting System and can prepare financial statements based on International Financial Reporting Standards (IFRS); these are two separate frameworks.

The same chart of accounts is used across accounting, inventory, sales and purchasing, and customer and supplier ledgers, because they are all in one product. The Unified Accounting System and IFRS statements page has the details.

Genoa Systems provides financial and accounting solutions built with the latest technology and with AI designed for accounting and financial work.

To find out which of these solutions are available in Genoa and how they fit your company, book a demo.

Genoa is for companies, while Genoa Gov is a separate product for accounting offices in Iraqi government departments.

Genoa focuses on how trading companies work: accounting, inventory, sales and purchasing, and customer and supplier ledgers. Genoa Gov focuses on government accounting, with vouchers and a multi-user approval workflow, budgets and budget checks, cheques, month and year closing, and a legislation library.

If you work in a government department, start with the Genoa Gov pages.

Yes. Inventory is one of Genoa's core modules, used to keep track of the items a company buys, stores and sells.

It works alongside sales and purchasing and accounting in the same product: purchases bring items into stock and sales take them out.

Yes, through the multi-currency feature, which adds the US dollar alongside the Iraqi dinar.

The feature is optional, off by default and switched on per organisation, according to each company's needs. A company that works only in dinars does not need it.

The cost of imported goods is their purchase price plus freight, transport and customs duties; the total is called landed cost.

In Genoa this is handled by the landed cost feature, which adds freight and customs on top of item cost. It is optional, off by default and switched on per organisation, according to each company's needs.

In Genoa, customer debts are tracked in the customer ledgers, with ageing that shows how long each balance has been outstanding.

This tells the company which debts are oldest and need following up and collecting.

Through the supplier ledgers in Genoa, which show what the company owes each supplier.

With ageing, the company can see which amounts have been outstanding longest and plan its payments accordingly.

Genoa's prices are not published on this website.

To get a quote for your company, contact the Genoa team through the contact page or book a demo.

Yes. You can book a Genoa demo through the contact page or on WhatsApp.

It helps to bring examples from your daily work, such as a purchase invoice, a sales invoice and a short list of items, so you can see how they would be recorded.

Protecting company data and keeping backups are part of how Genoa is run, and the Security and backups page explains the details.

If you have questions specific to your company, raise them during your demo or contact the Genoa team.