Accounting is just the beginning to a full-fledged financials that supports investors & other stakeholders to make decisions that enable the business to grow. If you do not have an in-house accounting team, don’t worry. Outsourced Accounting service providers can take care of your accounting and financial requirements end-to-end.
The Outsourcing Accounting Team of Elevate constantly invests in the human talent, technology and training to meet the global standard of accountings.
A team of professional Chartered Accountants & CPAs works at Elevate who ensures industry standards in delivering accounting reports. We maintain high level of ethics and professionalism while maintaining the accounts of our clients. Our thorough understanding of the local market across the industry helps us to make the work faster, effective and accurate.
Our accumulated client base since 2013 represents diverse industries including F&B, Manufacturing, Education, Pharmaceutical, Retail, Construction etc.
When you start a business, in the beginning days you need someone experienced to advice you on how to be compliant in terms of Accounting, Book Keeping, Auditing and VAT. This is the time when you’ll need more advanced bookkeeping, accounting and management or managerial accounting to help you make data-driven decisions. Elevate has developed a clear understanding as to how to hand hold the business owners to have a control over accounts & finance.
Companies with a light volume of transactions who records in non-accounting software like Microsoft excel can outsource their work to Elevate Accounting. We have our existing licenses from several accounting software that will help to maintain our client’s accounts in a professional way. Thus, you can get your accounting done professionally without any additional cost of buying accounting software.
Accounting & Bookkeeping for Small Business
Accounting and bookkeeping services in Dubai are a crucial for every organization. Elevate has a wonderful cost-effective arrangement that is perfectly working for many small & medium businesses. Partnering with Elevate brings peace of mind, confidence between partners to concentrate more into the core business.
The UAE Federal law no-2 of 2015, Article No-26 has made Accounting Mandatory and you need to keep your book of accounts for 5 years from the end of the financial year of the company. Accounting and bookkeeping services in Dubai need unique attention from experts. Our team at Elevate can also take care of very complex accounting system by sending our certified and experienced accountants from our Dubai office to client’s place. They are professionally trained to work in almost all popular accounting software like QuickBooks, ZOHO, ODOO, XERO, and Tally ERP.
Understanding the effectiveness of outsourcing, Companies registered in DIFC, Dubai Main land, DMCC have outsourced their Accounting & Book Keeping work to Elevate.
The basic benefits of Outsource Accounting Services in Dubai are in budget package you get services of Accountant, Accounts Manager, and VAT Experts who are professionally trained and have more than 10 years of experience in UAE.
BENEFITS OF OUTSOURCING
Some of the benefits of outsourcing accounting and bookkeeping services in Dubai are as follows.
- As you focus on your business, we are handling your entire accounting system which can be also on a cloud based software thus enabling you to have access to your accounting & financial information anytime anywhere.
No Hiring Costs
- One more important benefit of transferring your bookkeeping to an outsourcing model is that you might use that cost by hiring a permanent employee to a revenue-generating role instead of an expense.
- Your accounting data are safely stored in secured servers thus ensuring no actual data loss & business continuity.
- A key accounting personnel leaving the organization pauses the day-to-day operations. However, with outsourced accounting, the risk of loss of such knowledge & experience is covered.
- As an Outsourced Accounting Company, we present the book of accounts to the Auditor and assist in the external Auditing process which makes the process all the more easy as business owners does not have to spend time with auditors.
- Get the experts benefit of in most competitive rates. We provide monthly quarterly and yearly packages. To provide extreme quality of professional services to our clients latest and updated software’s. Additionally, we can support you in developing business plan, feasibility study and part time CFO services at very competitive price.
Save on Software cost
- Instead of buying software you can use that cost by hiring a permanent employee to a revenue-generating role instead of an expense
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Why Outsource Bookkeeping to Elevate Team?
In the UAE, several free zones have made it mandatory for companies to maintain their financial records and undergo an audit conducted by approved audit and accounting firm in Dubai. As one of the leading accounting companies in Dubai, we are familiar with the process of accounting & bookkeeping for businesses that need high growth & fast-paced. Our Accounting and Bookkeeping Services in the UAE will assure you financial records that comply with the law and strategic financial advice, helping your business grow to greater heights. By entrusting your accounting to us, you will be able to concentrate on expanding your business, lower expenses, and receive an in-depth evaluation of your financial well-being from one of the finest Audit and Accounting firms in Dubai.
What we do?
- Preparing Financial Statements.
- Managing Cost.
- Computerized accounting system analysis and installation.
- Budgeting & Financial Forecasting.
- Managing Accounts Receivable.
- Managing Accounts Payables.
- Verification and valuation of inventory.
- Preparation of monthly bank reconciliation statements.
- Payroll Processing.
- Banking and Credit card reconciliation.
- Supervision & review of financial accounting records.