Mahad AC is accounting and business-control software built for service companies that bill time, projects, and retainers. It brings invoicing, expenses, and financial visibility into one place so owners can see how the business is actually performing. The focus is practical control and clarity, not accounting jargon.
The business problem
Service businesses often run their finances across spreadsheets, disconnected invoicing tools, and a bookkeeper who reports weeks later. By the time the numbers arrive, decisions have already been made blind.
- Invoicing and expense tracking live in separate places.
- Cash-flow and profitability are hard to see in real time.
- Project and client-level financials get lost in aggregate totals.
How Mahad AC helps
Mahad AC connects invoicing, expenses, and reporting so the financial picture stays current. Owners and finance staff can track what is billed, what is owed, and how projects and clients contribute to the bottom line. The system is designed to give a reliable working view while your accountant retains oversight of formal reporting.
Main features
- Invoicing — Create, send, and track invoices with payment status.
- Expense tracking — Record and categorise costs against clients or projects.
- Client and project ledgers — See financials broken down by engagement.
- Receivables view — Track outstanding invoices and ageing at a glance.
- Financial reports — Generate summaries of income, expenses, and balances.
- Recurring billing — Support retainers and repeat invoices.
- Multi-user access — Let owners, staff, and bookkeepers work with appropriate permissions.
AI capabilities
Mahad AC keeps AI use modest and honest. Where enabled, it can assist with tasks such as suggesting expense categories or flagging unusual entries for review, and these suggestions are always confirmed by a person. Mahad AC is not a replacement for a qualified accountant and does not provide tax or financial advice. AI-assisted categorisation features may be offered depending on configuration and are under ongoing development.
How it works
- Set up your company, clients, and projects.
- Issue invoices and record expenses as work happens.
- Mahad AC tracks receivables and links costs to engagements.
- Review financial reports and client-level performance.
- Export data for your accountant or formal filing.
Who it’s for
- Agencies, consultancies, and professional-services firms.
- Freelancers and small teams billing time and projects.
- Owners who want financial control without a full finance department.
Industries
Mahad AC suits marketing and creative agencies, IT and software services, consulting, legal and accounting practices, and other project-based service businesses.
Integrations
Mahad AC is integration-ready via a REST API and CSV import and export for invoices, expenses, and reports. Connections to payment or banking data sources are available depending on configuration and are provisioned per account rather than assumed. It does not execute payments on your behalf.
Security & permissions
Financial data is sensitive, so access is designed around role-based permissions, letting owners, staff, and bookkeepers see only what they need. Financial activity is designed to support an audit trail so changes can be attributed to individual users.
Frequently asked questions
Is Mahad AC a replacement for an accountant?
No. It gives you a working financial view and clean data, but formal reporting, tax, and advice remain the domain of a qualified accountant.
Can it handle recurring retainers?
Yes. Recurring billing supports retainers and repeat invoices common in service businesses.
Does it process payments directly?
Mahad AC tracks invoices and receivables but does not execute payments or transfers on your behalf.
Can I see profitability by client or project?
Yes. Client and project ledgers let you see how each engagement contributes financially.
Can my bookkeeper have limited access?
Yes. Role-based permissions let you scope access appropriately for each user.