Accounting & Book keeping
Accounting and book keeping are vital elements of an organization that helps in keeping track of your income and expenses. The right accountant or book keeper helps in the smooth running of your business, by making your financial statements as accurate as possible. Planning to do accounting and book-keeping in-house might adversely affect your organization, as you may not be able to give the care it demands. One might have hundreds of other things to take care of and as a result, you might end up making mistakes in financial records.
An outsourced finance department can significantly reduce your administrative burden and finance staff costs, which are the most common reasons, organizations, choose outsourcing for business processes. This enables to improve company focus, assurance on continuity of service and increase flexibility to respond to growing business requirements.
At HLB HAMT, we offer a variety of services across UAE and each service can be customized to meet your needs and comfort level. Our technology driven specialists work to understand the dynamics of your organization so that your specific accounting needs are taken care of. We provide management with information vital to the functioning of the business and ensure that you are fully compliant with regulatory requirements. We also make it a point to review the accounts prepared by the client and recommend corrections to improve the reliability of financial information and internal control process.
HLB HAMT offers reconciliation services such as Cash/Bank Reconciliation, inventory reconciliation and receivables and payable reconciliation.
Our services in UAE include:
- Online or Cloud based Accounting
Most popular in modern era with Start-ups and SMEs where flexibility & scalability are of prime importance. Financial information can be accessed from anywhere, any time with the help of internet.
- Accounting System Setup & Training
Assistance in setting up proper accounting system and process flow and also training on how to use the accounting software.
- Onsite Accounting
Preferred by Mid-Sized to Large Entities, where transition to another platform is time-consuming and cumbersome.
- Accountant Secondment
Qualified and Experienced Accountants at your service for a temporary period ranging from one to six months. Period can be extended on mutual consent.
- Budgeting & Forecasting
Assistance in preparation of periodical budgets like revenue and expenditure. Also, cash flow forecast which enables the business to know the expected inflows, outflows and available balance over a particular period.
- VAT Compliance Review & VAT Filing
- Physical verification of inventories/ fixed assets
- Agreed upon procedures
- Virtual CFO services
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