Intelligent Bookkeeping

General Ledger

The General Ledger is the most important component of any business accounting process. It contains a summary of every transaction and adjustment needed to prepare financial statements. With rich experience in providing accounting outsourcing services and a team specialised in the financial domain, UAE Business Solutions provides all possible support for General Ledger processing and reconciliation. Special features of General Ledger accounting reconciliation services:Enable adjusting for ledger reconciliation prepayments and accrualsReview all General Ledger accounts and correct all posting errorsReport of all ledger entries made with a detailed narrative of the adjustments effectedYear-end closing of the General LedgerSystematic error checks to ensure that accuracy of posting is maintained and ledgers are balancedInvestigation into suspense accounts and closure of suspense account by detecting missing entriesEnsuring legal compliance by maintaining the correct format of accounts

It acts as a base for making important financial accounting statements including the income statement and balance sheet. It also helps to make a trial balance, which further ensures that total debit and credit amounts remain equal.

Financial Reporting and Analysis

Financial reporting and analysis enable management to keep a tab on ongoing expenditures, cash inflow, and the sales of the company. Analysis of financial reports is as much crucial as the strategy and computation. The financial reporting and analysis team at UAE Business Solutions examines, and presents, an accurate picture of the financial resources and empower our outsourcing clients with ample insight to make right decisions on investment, expansion, and profits every time. UAE Business Solutions ensures that financial reporting and analysis remain accurate giving a true picture of their performance, profit, and capacity to sustain. We have expertise in working on all types of financial systems used worldwide. We offer the following services as part of our financial reporting and analysis solutions.

Bookkeeping Solutions

Complete Bookkeeping Outsourcing It is essential for any business to maintain accurate financial records of all income and expenses; this is the basis of Bookkeeping. UAE Business Solutions assists companies who are just starting out, or who want to reduce their accounting costs. We specialise in partnering with small to medium size businesses in diverse industries including, restaurants, retail, real estate, financial services and construction. We provide a value for money, quality, and professional bookkeeping service tailored to your individual needs. We specialise in removing the time, stress and worry associated with your company’s daily bookkeeping duties.  Relieving the administration burden and releasing your time to concentrate on running your business.

Due to our flexibility UAE Business Solutions can offer a service which is individual to your business needs.  We can undertake all of the services listed above or just the services that you require help with, in-house or off-site as often as required.Whatever your bookkeeping requirements, UAE Business Solutions has a simple, affordable solution.

Company Valuations

We offer a complete range of company valuations, mergers and acquisition services. We have extensive experience allowing us to provide guidance to determine the value of a business which is reliable for third parties. Our team provides assistance with merger or joint venture set-ups, from initiating dialogue with potential partners, our team will assist you with every step of the process.

Finance

As reported in the Gulf News Small and medium enterprises are struggling for financing after business confidence reduced significantly over the last six months.Banks have become reluctant to lend due to the impact of declining oil prices, and SME`s are caught in a tough place. Many SME`s are becoming increasing desperate for short-term finance to help with liquidity due to cash flow being restricted through late or non-payment of invoices on time.While finance may be required to assist SME`s cash flow, in our experience the absence of a clear business strategy and a compliant accountancy function would greatly assist companies to plan ahead and not over trade. The new reality is that finance will be hard to find for some time to come if SME`s can get their financial house in order through corporate governance they will be better placed to ride out the economic downturn.UAE Business Solutions do have many financing options available from micro-loans to venture capital, if you need advice on financing please contact us for more information.

Strategy

We collaborate with our clients to support the critical initiatives that will drive superior performance. We use rigorous fact-based analyses and pride ourselves on helping clients create pragmatic and actionable strategic plans that are focused on bottom-line results. We believe that a great corporate strategy should be valuable, enduring, forward-looking and actionable: