Accounting Services in UAE
Recording of all business transactions in accordance with IFRS
All business transactions shall include all income & expenses, receipts & payments & all other adjustments.
Posting of general ledger & other ledgers as necessary
Reconciliation of bank statements & passing any necessary adjustments
Preparing and generating Sales invoices
Vendor bills and payments
Statement of Financial Position ( Balance Sheet)
Statement of Comprehensive Income ( Income Statement/ Profit & Loss Statement)
Cash flow Statement
Benefits of Choosing our Service
Cost Effectiveness: Hiring a dedicated accountant in UAE comes with various obligations and costs related to monthly salary, annual air tickets, visa, emirates ID & labour contract fees, mandatory medical insurance, gratuity provisions, annual leaves, training costs and overtime costs. Our fixed monthly fees tailored as per your requirement will be far more affordable than the total cost of hiring an in-house accountant.
Access to Expert Knowledge: Sovereign Dubai has team of professionally qualified accountants with vast experience in diverse industries. Instead of relying on an individual in-house staff, you will get access to the pool of expert accounting knowledge and experience of our team.
Flexibility: Based on your preference, Sovereign Dubai team can either visit your premises on a weekly or monthly basis to complete the books or you can email/mail the supporting documents to our office address and we can remotely complete the accounting work for you.
Accounting Services - FAQs
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