Outsourcing to our expert team frees your time and energy. At ELEVATE we are currently handling more than 100 restaurants in UAE.

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

FINANCIAL REPORTING

∙        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