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How it works

From “I paid 45 KWD for printing” to a balanced ledger entry.

Qaid has one loop: you describe or upload, Qaid drafts, you approve, and the ledger updates. Everything else — reports, invoices, insights — reads from that ledger.

In short

Qaid works in four steps: (1) capture a transaction by chat, upload, email or statement import; (2) Qaid drafts a double-entry journal entry with an explanation; (3) you approve, edit or reject it; (4) reports and answers are generated from the posted ledger.

Step 1 — Capture

There are four ways into Qaid, and you can mix them freely:

Step 2 — Qaid drafts the entry

Qaid identifies the type of transaction, the counterparty, the date (including phrases like “last Tuesday”), the currency and any VAT. It then proposes a journal entry against your chart of accounts and shows a short explanation of why those accounts were chosen. If something is missing — which bank account, whether VAT applied — it asks.

Step 3 — You approve

Drafts sit in a review queue. Approve, edit (change an account or amount), or reject. Approval posts balanced debits and credits to the ledger and writes an audit-log entry. An optional AI Autopilot setting lets drafts post without manual review; enabling or disabling it is itself recorded in the audit log.

Step 4 — Ask, report, invoice

  • Ask a question — “what's my cash position?” — and Qaid answers from posted entries. (Financial insights)
  • Open the reports: trial balance, P&L, balance sheet, cash flow, ageing, VAT, Zakat estimate, income-tax provision. (Double-entry accounting)
  • Create and share invoices; issuing and paying them posts to the same ledger. (Invoicing)
  • Run payroll with your country's rule preset; postings land in the ledger.

Setting up takes a few minutes

  1. 1Create your accountEmail and password at dashboard.myqaid.com. No card required.
  2. 2Create your companyName, country, currency and fiscal year. Qaid pre-fills the VAT rate and Zakat setting from your country; both are editable.
  3. 3Optional: import historyBring in opening balances, a prior balance sheet or P&L, or last month's bank statement.
  4. 4Record your first transactionType one sentence. Review the draft. Approve it. That's the whole loop.

What happens to your data

Your ledger lives in a Postgres database; documents live in private storage. The text or file needed to draft an entry is sent to Anthropic's Claude API and the result comes back as a draft. Details, sub-processors and limits are on the security page.

Last reviewed:

Frequently asked questions

Not by default. Every draft requires your approval. If you enable AI Autopilot, drafts post automatically; the setting change is logged and can be reversed at any time.

Yes. The app interface is fully available in Arabic (right-to-left), and you can describe transactions in Arabic.

Creating an account and a company takes a couple of minutes. Importing history is optional and depends on how much you bring in.

See the loop with your own transaction.

Free during early access. Type one sentence and approve your first entry.