Accounting And Bookkeeping Services In UAE

Accounting and Bookkeeping play a vital role in businesses, our firm provides a broad spectrum of qualified bookkeepers and accountants who are working efficiently to meet your business needs and requirements. Keeping the confidentiality of your data is our top priority. We provide a high quality bookkeeping and accounting consultancy services for businesses of all sizes.

Real Time Auditors and Accountants are at your service to outsource your accounting needs and creates real value addition to your business. From a single member to the entire team of professional accountants, we are experienced in today’s accounting software such as QuickBooks, TALLY, XERO, ORACLE, SAGE 50, and more.

We are trusted bookkeeping company that offering financial management, tax accounting, and bookkeeping consultancy services in Dubai, UAE. Real Time manage accounts payable, accounts receivable, loans payable, cash, inventory, owner’s equity, payroll Services, retained earnings, purchases, and sales.

Compliance and Legal Requirements

In UAE, as compliance and legal requirements are increasing and businesses need to compliant. Protecting itself from non-compliance with the laws in the challenging world with ever-changing laws is also important for accounting companies to structure accounting records. Due to these laws companies are required to notify the UAE government if they have any activities according to these regulations. Wrong compliance can put a company in a trouble because of the fines and penalties.

Key Elements of Bookkeeping and Accounting Services

Cloud-based Accounting

Cloud-based accounting also known as web-based accounting is a safe accounting that enables users to view financial information from anywhere around the globe. You can email us or send your documents through courier service as feasible and your books and data will be updated by our accountants online and will be sent to the cloud. Cloud-based accounting is widely used by SMEs and freelancers. 

Online Accounting

If you want all the work and process for accounting to be done on your premises, our accountant and bookkeeper will physically visit your office or firm to collect the data for the accounting, compile financial information and complete all the tasks carried out for the accounting service.

Back Office Financial Support

Back office support is one of the widely used options. Our back office department handles financial services such as internal accounting, data entry and management, market trends and behavior analysis, finance and accounting responsibilities, compliance with government regulations, settlements, legal matters, market research, and clearing services. This package is affordable and is popular due to the best talent at a fraction of the cost. Local and international clients are also served by our back offices.

Account Reconsilation

Due to the massive volume of transactions accounts reconciliation is important. Following services are requested by the clients in such engagements:

    • Compare the Deposits
    • Adjust the Bank Statements
    • Adjustment of Cash Account
    • Stock Reconciliation
    • Debtors and Creditors Reconciliation
    • Compare the Balances

Receivables & Payables Management

Receivables and payables are common among large organizations. Services for receivables and payables provided by us are:

    • Shortening of Transactions Cycles
    • Communication
    • Usage of automation to keep track of everything
    • AR & AP Reporting
    • 3-way Verification of Sales Invoices
    • VAT Compliance
    • Debtors and Creditors Status Report
    • Chase customer’s receivables before due and paying suppliers invoices only when due to ensure business cash flow management services properly
    • Pushing overdue Receivables to debt collectors

Accounting Review

After the preparation of the accounts by the client’s in-house finance team, a review is conducted by our accountants for the examination of financial statements and if they are consistent with Generally Accepted Accounting Principles. Books are reviewed by our accountants carefully which ensures that financial data is complete and accurate for the decisions.

Custom-made Accounting Package

All the above packages can be combined in a way you want it to be carried out. According to your needs, daily, weekly, monthly, and yearly packages can be arranged. Our service is flexible and can be molded the way you want it. Our accountants and consultants will carry out the service accurately and with dedication according to your requirements Contact us, build a schedule and leave the rest on us!

Benefits of Outsourcing at Real Time Auditors & Consultants

Outsourcing your business to Real Time can be beneficial for our clients in the following ways.

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Our Office Address

Office No 1707, Regal Tower, Business Bay, Dubai, UAE.

Fortune Tower – Cluster C Street – Jumeirah Lake Towers – Floor 14 – Dubai, UAE

Block L2 Street – Saif Zone – Sharjah, UAE

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