Restaurant Accounting & Bookkeeping Services

Outsourcing to our expert team frees your time and energy. At ELEVATE we are currently handling accounting of more than 100 restaurants in Dubai, UAE. We have set a benchmark for providing best restaurant accounting services in Dubai.

Our qualified team of professionals is always ready to go the extra mile to provide you with tailored, cost-effective accounting services.

FINANCIAL REPORTING RESTAURANT ACCOUNTING SERVICES, DUBAI

∙        Profit & Loss Statements
∙        Balance Sheet
∙        Cash Flow Statement
∙        General Ledger
∙        Inter-Company Accounting
∙        Fixed Asset Account Management

BOOKEEPING SERVICES

∙        Posting of all sales and purchases
∙        Keeping record of all Cash & Bank payments and receipts
∙        Keeping Record of collections from customer and payments to suppliers
∙        Recording all other financial transactions

ACCOUNTS PAYABLE & ACCOUNTS RECEIVABLE

∙        Payable Report
∙        AP Aging Report
∙        Corporate Customer Billing
∙        Receivable Report
∙        AR Aging Report

RECONCILIATIONS

∙        Bank Account Reconciliations
∙        Daily Sales & Cash Deposit Verifications
∙        Credit Card Statement Reconciliation with Card sales 
∙        POS Vs Online channel Reconciliation
∙        Sales Reconciliation with online channels like Deliveroo, Zomato etc 
∙        VAT reconciliation

MANAGED PAYROLL

∙        Master File Maintenance
∙        Monthly Payroll Booking
∙        computation of Leave pay, End of service benefits etc.

VALUE ADDED TAX
∙        Preparation of VAT return
∙        Filing VAT returns
∙        Submitting VAT refund forms

OTHER SERVICES & REPORTS

∙        Presentation of Financial report to the Management
∙        Break-even Analysis Report
∙        Submitting VAT refund forms
∙        Any support or guidance related to accounting and vat filing