Accounting & Bookkeeping Services: Accounting and bookkeeping are the foundation of financial management for any business. Your firm offers these services to help businesses accurately record their financial transactions, maintain up-to-date financial records, and ensure compliance with relevant accounting standards.
Online Accounting/Onsite Accounting: This service allows clients to choose between having their accounting and bookkeeping tasks managed remotely (online) or having a professional come to their physical location (onsite) to handle these tasks. Online accounting offers convenience and flexibility, while onsite accounting can be more personalized and tailored to the specific needs of the business.
Backlog Accounting: Many businesses may fall behind in their accounting due to various reasons. Backlog accounting involves catching up on this delayed record-keeping to ensure that all financial transactions are accurately captured and accounted for.
Accounting Documentation and Compliance: Ensuring proper documentation of financial transactions and maintaining compliance with accounting standards and regulations is crucial. Your firm helps businesses organize their financial documentation and adhere to regulatory requirements to prevent any legal or financial issues.
Accounting System Set-Up and Training: Selecting and setting up the right accounting system is essential for efficient financial management. Your firm assists businesses in choosing an appropriate accounting software, setting it up to suit their needs, and providing training to their staff on how to use the software effectively.
Financial Statement Preparation: Financial statements (such as income statements, balance sheets, and cash flow statements) provide a snapshot of a business’s financial health. Your firm helps clients prepare accurate and reliable financial statements, which are essential for decision-making, attracting investors, and meeting reporting obligations.
Business Analysis: Financial data can reveal valuable insights about a business’s performance and areas for improvement. Your firm performs financial analysis to identify trends, strengths, weaknesses, and opportunities for growth, allowing clients to make informed strategic decisions.
Customized MIS Reports: Management Information System (MIS) reports are tailored reports that provide specific insights into a business’s performance, operations, and financial health. Your firm creates customized MIS reports to help clients understand key performance indicators (KPIs) and monitor progress toward their goals.
VAT Compliance and Return Filing: Value Added Tax (VAT) is a consumption tax levied on the value added at each stage of production or distribution. Your firm ensures that businesses comply with VAT regulations, accurately calculate VAT liabilities, and file VAT returns on time.
Company Liquidation Consultancy: In cases where a business is facing financial distress and needs to cease its operations, your firm offers guidance and consultancy services for the process of company liquidation, which involves settling debts, distributing assets, and closing down the business in compliance with legal requirements.
Corporate Bank Account Opening: Opening a corporate bank account involves various steps and documentation. Your firm assists businesses in navigating this process, ensuring that they fulfill all requirements to open a bank account for their business operations.
In summary, Jywa Settlers offers a comprehensive suite of Accounting & bookkeeping services in Dubai designed to support businesses in their financial management, compliance, and decision-making processes. By providing expertise in various areas of accounting, your firm helps clients maintain accurate records, make informed financial decisions, and stay compliant with relevant regulations.