Contents · 5 sections
Why digitalise your accounting?
Digitalising your accounting is no longer reserved for large companies. In Morocco, much of the exchange with the authorities already happens online, and the tools available to very small businesses and SMEs now save time, reduce errors and help you manage your business better.
Done well, digitalisation is not an extra burden: it gives you up-to-date figures, secures your filing obligations and makes working with your chartered accountant easier.
A Moroccan framework that is already largely paperless
Several obligations are already handled exclusively or mainly online:
- tax returns and payments (corporate tax, VAT, income tax) via the Directorate General of Taxes’ SIMPL portal;
- social security returns with the CNSS via Damancom;
- many legal and administrative procedures, such as setting up a company online.
Accounts kept on digital tools fit naturally into these channels: the data is ready when it is time to file, and the supporting documents remain accessible in the event of an inspection.
E-invoicing: a project to watch
The DGI has begun the gradual introduction of e-invoicing in Morocco. Its timetable and terms are set by official texts and may change. In the meantime, it is worth checking that your invoicing software produces complete invoices that include the information required by the General Tax Code, and that it can evolve with the regulations. We follow these developments for our clients and let them know as soon as the obligations become clearer.
The concrete benefits for your business
Less data entry, fewer errors
Today’s accounting software makes it possible, among other things, to:
- import bank statements automatically
- scan and post invoices
- integrate payroll data
- match customer and supplier accounts automatically
Manual entry goes down, and so does the risk of error; the time saved can be spent on analysis and decisions.
Centralised, secure documents
An electronic document management (EDM) system lets you centralise invoices, contracts and supporting documents, find them quickly and share them securely with your chartered accountant. Legal retention periods still apply: the digital format must be organised and backed up carefully.
An up-to-date view of your business
When the accounts are kept up to date as you go, you can track cash, margins or customer payment times in real time, instead of waiting for the year-end close. Simple dashboards are often enough to spot a variance and react in time.
Tips for successfully digitalising your accounting
- Assess your needs
Identify the most time-consuming tasks and those that can be automated. - Choose tools suited to the Moroccan context
Favour reliable solutions that comply with the CGNC and can evolve with e-invoicing. - Organise the flows with your chartered accountant
Agree together on how documents and data circulate, to avoid entering things twice. - Train your teams
A tool is only useful if it is used properly: plan time for people to get to grips with it.
Conclusion
Digitalising your accounting lets you save time, secure your obligations with the DGI and the CNSS, and have reliable information for your decisions. Accura Advisory helps businesses in Marrakech and the surrounding region choose their tools and organise their accounting flows.
