
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