Accounting and Bookkeeping Services

Whether you're a startup or an established business, keeping track of your financials is essential to making informed business decisions. That's when accounting and bookkeeping services comes in. Accounting is the process of tracking income and expenses. An accountant is responsible for offering strategic financial advice in addition to being aware of the company's financial situation. Bookkeeping services is the process of keeping records of financial transactions and preparing financial statements, such as balance sheets and income statements. In day-to-day operations, a bookkeeper would make sure employees are filing invoices and expenses correctly and handling payroll.

Bookkeeping and accounting are two functions which are extremely important for every business organization. In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data. Bookkeeping and accounting services in Dubai are mandated for all businesses, irrespective of the size of the company, because the UAE Government has declared it compulsory to keep a detailed and thorough record on all financial activities of the business.

Why Outsource the Accounting & Bookkeeping?

It’s been mandated in the UAE Commercial Company of 2015 that maintaining proper books of account for at least five years is now a legal requirement. VAT in UAE already implemented now it’s time of tax returns filling, books of account should be maintained for five years as well. There is a lot to be accomplished in an organization, so it is not always convenient to adhere with the regulatory standards and to keep track with the strategic plans and remain successful in the corporate market. With all this, it is very difficult to handle the accounting aspect of a company, which is why accounting services in Dubai are provided by various businesses, as outsourcing is a big choice for companies. Outsourcing accounting services in Dubai is a recommendable step, because it can benefit companies a lot, particularly when you're outsourcing from an accounting services firm that uses the most up-to-date accounting software in Dubai. The world has now transformed. Businesses no longer seek to employ in-house accounting workers. AaaS (Accounting as a Service) is a back-office methodology used by accounting companies in the delivery of accounting services in Dubai and other UAE states to reduce all overheads, including wages, office rooms, facilities, materials, travel costs, permits, personnel allowances, and much more. It saves even more money by eliminating sick days, vacation days & pay, holidays, and innumerable other expenses.

Our professional, fully qualified accountants understand the importance of this, so they work tirelessly to make sure this vital information is available when you need it. We are one of the best consultancy firms in UAE and has worked with the same elite team for many years, skillfully outsourcing its team of expert Chartered and CPA Accountants to our many clients. There is nothing more important when it comes to the management of finances and accounts for our clients.

Why Choose Us?

We believe that Bookkeeping and accounting is a very important part of every business. We have been in this domain for many years now and have served several clients across the United Arab Emirates. Our team comprises of certified, professional accountants who provide the best services in the industry. Our bookkeepers and accountants are updated with the changing market scenarios and are skilled to work on emerging tools and technologies. By outsourcing your requirements to us, you can save your costs and concentrate more on your core competencies.