When it comes to hiring an accounting firm in the UAE, there are a few factors to consider. Consider what services you require and what size organisation is optimal for your business. Before making a decision, conduct some research on several firms and compare pricing. You may discover the ideal accounting partner for your company
If you own a business, you know the importance of bookkeeping in your day-to-day operations. But what is bookkeeping, and why is it so important? In this blog article, we’ll address those questions and more. We’ll also discuss the benefits of bookkeeping for businesses. So keep reading to learn more about this critical business function! What is
Every accountant maintains their organization’s records to run everything smoothly, so knowing the importance of accounting is necessary for all small and large businesses. However, many people believe that accounting is merely a number game played to win. We have opposing viewpoints. It’s a strategy and decision-making game based on numbers and the core trends they reveal.
We are living for world-class public services and look to the government for them. But because the road to hell is paved with good intentions, the government in most countries takes the lion’s share of their people’s income in the form of taxes. But UAE is surely not one of them because VAT in UAE is at
When you are in business, every dime counts, so if you don’t know where you stand on a monthly basis, pardon my French, you may have to pack up at the end of the year. Although DIY accounting software like Zoho can help keep track of costs and expenses, the benefits of hiring a good accounting
Money has no permanent address. It keeps moving! It’s you who is accountable for documenting somewhere, where it comes from and where it is going to take big, small decisions in life. Bookkeeping is the name of the game or can we say habit! Accounting and bookkeeping are methods of measuring, documenting, and presenting financial information for
Are you in the Retail Business? You and we both understand that accounting for retail business is crucial. However, it is important to note that accounting for online retail businesses has various benefits as well. It helps us see where we spend the most, how we can cut some costs, and how best to deploy
Humans are the only species that pay to live on this earth. Let’s face it! We all need green to live on the planet blue! But to enjoy life to the core and take a deep plunge into the pool of luxury, we require lots of water named money! And we all know making this much money
The first thing that comes to mind when starting a business is, obviously, capital. Every business needs capital to initiate, but once the business starts to run, you may need more services to invest in, more manpower to manage everything properly, to invest in assets and so on, but all these things need planning or
Every business walks on the road of growth. Eventually, what makes their company grow is their ability to keep a balance of work, follow the process, and deliver top-notch work. However, compiling everything and large amounts of work may be difficult and cause problems. Especially when you are handling critical work like accounting. Hence, to
There are several forms of liquidation in business. It could be an involuntary, forced, or consensual liquidation. In business law, finance, and economics, the term ‘liquidation’ is frequently used to refer to the process of winding up a firm. It takes place when a business is unable to pay its creditors for its obligations. The
Whether you are a business individual or public in UAE, it is important to be aware of excise tax in UAE. This tax is applied to specific products and services, and it is important to understand what is taxable and what is not. We will present an outline of UAE excise tax in this blogpost
