Accounting & Bookkeeping

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 may appear to be the same profession to an untrained eye.

Accounting plans per month

Basic Package

Premium Package

AED 1900

AED 2500

General Accounting

Bank Reconciliation

Preparation of P&L Statement

Finalization of Balance Sheet

Payroll

X

Cashflow Statement

X

VAT Registration

VAT Return Filing

Budgeting & Costing

X

Business Review Meeting

Quarterly

Monthly

Financial Reporting

X

Note: Contract should be for a minimum of 6 months. Standard Package pricing are up to 350 transactions per month. Revised pricing will be applicable for higher number of transactions.