The digital transformation and the tremendous advancements in information technology witnessed in recent decades have brought about a radical revolution in all aspects of human life. Among the sectors greatly affected is the field of accounting and administrative work, where manual processes have been replaced by integrated accounting systems and modern technologies.
Financial statements are a vital part of financial management and decision-making in companies and organizations. These statements provide detailed financial information about the company's financial performance over a specific period, helping to understand how funds, resources, and the economic performance of the company are being represented.
By using the...
For many decades, the COMEX Global Technology Exhibition has been a pioneering platform for showcasing the latest technologies and innovations in the Sultanate of Oman. In its 33rd edition held from May 27th to May 30th, 2024, at the Oman Convention and Exhibition Centre in Muscat, Oman, Phenix Systems participated in this exceptional event, presenting its advanced comprehensive so...
Healthcare efficiency is one of the most significant challenges facing the healthcare sector today. Despite the tremendous technological advancements in healthcare, the coordination between different systems and platforms continues to pose a major challenge. This is where the importance of integrating Phenix systems comes in to enhance the e...
Final accounts are considered an essential part of the financial and accounting processes carried out by companies and institutions at the end of each financial year. The final accounts provide accurate and comprehensive financial information about the company's performance and business results during the financial year. Through these statements, a comprehensive financial anal...
Taxes are one of the most important tools of public finance used by governments to finance public expenses and achieve economic stability. Among the various types of taxes imposed by governments in different countries around the world, Value Added Tax (VAT) is one of the primary taxes adopted by many countries.
VAT is a type of tax imposed on goods and services...