What is Accounting and Book Keeping? And why is it very important?

Hiring a dedicated or full-time accountant in UAE can be expensive and with overhead expenses such as monthly salary, travel cost like visa, fee, gratuity provisions, mandatory medical insurance, training expenses and overtime benefits. An outsourced finance function can significantly reduce your administrative burden and finance staff costs, which are the most common reasons, organizations, choose outsourcing bookkeeping and accounting services for business processes. This enables to improve company focus, assurance on continuity of service, and increase flexibility to respond to growing business requirements.

Our vast experience in UAE and in-depth knowledge of accounting and bookkeeping across multiple industries make as the most preferred accounting and bookkeeping solution providers in Dubai and whole of UAE. We offer the best and timely accounting services in Dubai that maintain quality accounting and financial records. Our chartered accountants and finance experts provide optimal accounting and bookkeeping services which allows the business to run smoothly and effectively. Nasiha help companies to discover that unique approach by assessing operational efficiencies, identifying opportunities to enhance strategic insight and operational effectiveness, and developing a path of improvement by leveraging alternative resource models.

Our finance experts look into the broad picture of the client’s business regardless of the size & complexity of the figures and help them to meet their compliance obligations by following the standards.

 Bespoke Accounting and Book Keeping Solutions

Nasiha Auditing help companies to discover that unique approach by assessing operational efficiencies, identifying opportunities to enhance strategic insight and operational effectiveness, and developing a path of improvement by leveraging alternative resource models.
Our bespoke finance solutions includes a variety of reports, from day-to-day bookkeeping to financial forecasting, in formats and templates they prefer. Some of these include:

• Journal Entries Preparation
• Posting of Revenue/Sales
• Posting of Payments
• Petty Cash Accounting
• Posting of Material Received
• Payroll Accounting
• Fixed Assets, Depreciation
• Accounts Receivable
• Credit and Debit Adjustments
• Balance Sheet
• Cash Flow Statement
• Posting of Journal Entries
• Posting of Receipts
• Posting of Purchase Invoices
• Posting of Material Issued
• Projects Accounting
• Administration and General Expenses
• Bank Reconciliation
• Accounts Payable Reporting
• Trial Balance Reporting
• Profit and Loss Account