Accounting Services in Dubai

The demand for bookkeeping services in Dubai, UAE is escalating. Bookkeeping involves collecting and managing all the financial transactions and business transactions of a company, ensuring comprehensive and accurate records for compliance, informed decision-making, and payroll processing accuracy. Record-keeping and reporting requirements depend on your entity and tax status. Confirm which accounting standards and any permitted simplifications apply to your business.

Where the Wages Protection System applies, payroll processing must follow the relevant wage-reporting and payment rules.

Outsourced bookkeeping services involves preparation and maintenance of day to day transaction.

1. Chart of account review and set – up.
2. Data entry, including recording daily transactions.
3. Frequency of visit will be determined based on the requirement, we can provide daily, weekly, monthly and quarterly visits.
4. Accounts payable and receivables processing
5. Bank Reconciliations
6. VAT Compliant Procedures
7. Generating MIS Reports

Accounts payable outsourcing

To survive in today’s era of competitive markets and industries, a successful business needs to continuously evolve their processes on a regular basis and to save or minimize costs and expenses while maintaining the product quality. Now, you can outsource such an appalling task: accounts payable processing and focus on running the business. You can outsource your accounting to us. Our competent accountant team is highly capable to provide accounts payable processing services on a periodic basis depending on your needs. Agree the access, confidentiality and information-sharing requirements for your creditor records before the engagement begins.

Our highly experienced team will come up with an outsource accounting services in Dubai customized for your business. We are known to simplify procedures and to reduce your purchase cost to the minimum.

Accounting and financial reporting

A&A Associate LLC is an accounting and financial reporting firm in Dubai, offering professional services to businesses and individuals. Our experienced team of accountants in Dubai provides a wide range of services, such as financial statement preparation, bookkeeping, tax planning and compliance, audit support and more. Our goal is to ensure that our clients have accurate and reliable financial information, so they can make informed decisions. We strive to provide the highest quality services, allowing our clients to get the most out of their finances.

How can we help?

• We design financial system including drafting a system for accounting procedures and processes – recording of entries, documentation of all transactions, segregation of duties and bookkeeping etc.
• We will set up all the accounting procedures and accounting software to carry out all the financial activities appropriately.
• We will also do data entry and update all your accounts on a regular basis depending on the frequency of your transactions.

Finally, we will prepare your income statement, balance sheet, cash flow statement and statement of equity. All your reports will be prepared quarterly and annually for a regular analysis of your financial performance.

• Our tax experts stay up-to-date with the ever-changing tax laws and regulations. We offer strategic tax planning services in Dubai to optimize your tax liabilities with the applicable requirements reviewed for your circumstances.

Accounting supervision services

Updating of backlog accounts

Maintaining proper books of accounts are a real challenge for small to medium enterprises. If your business is registered under the commercial company law in UAE, it is compulsory for you to maintain all your financial transactions records in the prescribed format.

Our team with professional chartered accountants in Dubai will help you to prepare books of account from the date of incorporation of business till the current date; as you provide all the necessary supporting documents; consisting of all the original purchase and sales invoices, payment and receipt vouchers, bank statements from the start of business and record of all the checkbooks used during the period. Our team of experts will update all the records in your company’s accounting software. You will be provided with the following financial reports:

• Balance Sheet or Statement of Financial Position
• Income Statement or Statement of Profit and Loss
• Statement of Cash Flow
• Details of the Company’s Accounts Receivable
• Details of the Company’s Accounts Payable
• Efficiency Reports
• Calculation of Variances and Output Analysis
• Calculation of Financial Ratios and Analysis
• Calculation of the Break-even Point for the Company

Account reconciliation services

Reconciliation accounts are one of the main tools used by auditors to determine the accuracy of business financial statements; the process of verifying the organization’s financial records with a view to detecting any deficiencies. It is a specialized job that requires time and high level of expertise and outsourcing is your best option. We have all the expertise and knowledge required for matching and reconciliation of accounts according to regulatory/statutory requirements.

Where do we start?

Our highly qualified and professional accountants in Dubai will start from understanding your accounting system; we will get the required information from all the concerned departments; we will then propose a customized solution specifically suited for your business. Our services include:

• Matching and reconciling business records with your all bank statements.
• Reconciling credit card payments with the statement issued by the bank.
• Reconciling other accounts like debtors/creditors accounts.
• Matching all the invoices paid directly from the bank and recorded in the company’s books of accounts.

Get in touch with us if you are looking for account reconciliation services in Dubai.

Payroll services

The strongest pillar of your business are your employees; the best way to inspire their productivity is to ensure a healthy working environment that includes salaries being paid on time. Payroll management can become complex if not properly handled; as it involves several perquisites and benefits instead of only wage calculation e.g. leave, vacation expense, insurance, medical benefits etc. Focus on where it matters, instead of wasting time researching salaries and wages laws and regulations.

And we are highly experienced and trusted.

We provide payroll support based on your workforce and reporting requirements. Request a written scope and quotation for payroll services in Dubai.

Agree confidentiality, access permissions and any authorised disclosures for employee information as part of the payroll engagement.

A&A perspective for SMEs

We have built a solid a cost – effective accounting solutions plan for UAE based SMEs, so they cruise through the challenges of the new normal smartly and seamlessly.

As one of the top audit firms in Dubai, we offer professional audit services in Dubai  for your business needs. Our skilled auditors conduct independent and thorough examinations of your financial records to provide reliable assurance of the accuracy and integrity of your financial statements. We assist in identifying areas for improvement and enhancing internal controls

We one of the best accounting firms in Dubai provide crucial financial information and analysis to support your strategic decision-making process. Our management accounting services help you monitor performance, plan budgets, and optimize resource allocation.

We help identify reporting obligations and prepare agreed tax returns, VAT filings and financial disclosures using the information you provide. Responsibilities, submission authorisations and deadlines should be confirmed in the engagement scope. The business remains responsible for its legal obligations; no service can guarantee freedom from penalties or regulatory review.