Built for the way business runs here
Rent in sterling, imports in dollars, sales in lira — and the VAT rates are local too. Okkabaz isn't a generic program that's been localized; it's a cloud platform built from the business reality of Northern Cyprus.
The three never-ending headaches of bookkeeping in Northern Cyprus
Most businesses either make do with paper and Excel, or try to bend software written for other markets to fit here. The result is always the same:
Okkabaz was built to end these headaches at the source
Local VAT, local currencies, local ways of working — ready from day one.
Northern Cyprus VAT rates come predefined
The moment your company is created, the local VAT rates are in place; you pick the rate on the line and the system does the maths.
Sterling, euro, dollar, lira — one ledger
Each account sits in its own currency and every movement is stored with its local equivalent; balances never mix.
Automatic exchange differences
When a foreign-currency receivable settles at a different rate, the system calculates and records the difference — no manual maths, no corrections later.
On the same page as your accountant
Give your accountant limited access; they download their own reports and the file traffic ends.
No installation, works anywhere
In the shop, at the warehouse, at home — open a browser and get on with the job. Updates arrive on their own.
Support from right here
Your question is answered by someone who knows your business — you won't be explaining yourself to a faraway call centre.
Four currencies, one ledger
TL, sterling, euro and dollar are part of everyday life here. Okkabaz keeps each account in its own currency, stores every movement's local equivalent, and creates the exchange-difference entry on its own when a transaction settles at a different rate.
- Sterling and TL balances on one statement, side by side
- The system writes the exchange-difference line — you don't calculate it
- Fresh rates arrive on their own every business day
| Date | Document | Currency | Local equivalent |
|---|---|---|---|
| 12 Jun | Sales Invoice | £3,000 | ₺148,500 |
| 28 Jun | Collection | -£3,000 | -₺150,300 |
| 28 Haz | Exchange difference (auto.) | £0 | +₺1.800 |
Frequently asked questions for Northern Cyprus businesses
Yes. When your company is created, the VAT rates applied in Northern Cyprus are defined automatically. You pick the right rate on the invoice line, and the system calculates the VAT automatically.
Yes. Trade in Northern Cyprus is multi-currency, and Okkabaz was designed for it. You can open your current and finance accounts in TL, sterling, euro or dollar, and leave the exchange difference to the system.
No. Okkabaz is fully cloud-based; there's no program to install or server to rent. You log in from your browser and start right away.
Yes. Okkabaz is designed to be multi-company and multi-currency. You can define a separate company for Türkiye and enable e-invoice/e-archive integration.
Our price list is in Turkish lira and includes VAT — the amount you pay is what's shown on the plan page.
Run your business from right here
Try the platform built around Northern Cyprus trade free for 14 days — no card required.
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