Accounting & Bookkeeping Services Dubai

Why Outsource Your Accounting?

Hiring a full-time in-house accountant in Dubai costs AED 8,000–15,000 per month in salary alone — plus EOSB, medical insurance, and visa costs. An outsourced accounting team from Hashmi Business Consultant delivers:

• Senior CA/ACCA-certified accountants at a fraction of the cost
• Breadth of expertise — one in-house accountant rarely has VAT + CT + payroll + CFO-level skills; we bring all of them
• No sick leave, turnover, or HR hassle — your books are always current
• Audit-ready records at all times — no scrambling at year-end
• Software-agnostic — we work in your existing system or migrate you to the best fit

Our Accounting Services

Bookkeeping

Day-to-day transaction recording, accounts payable/receivable management, bank feeds, and ledger management using your chosen software:

• Chart of accounts setup and structuring
• Daily transaction entry and categorization
• Supplier and customer ledger management
• Month-end reconciliation
• Outstanding invoice tracking (AR aging)
• Accounts payable scheduling

Software we use: QuickBooks Online, Zoho Books, Xero, Sage, Tally ERP, Microsoft Dynamics

Financial Reporting

Monthly management accounts, P&L statements, balance sheets, and cash flow statements — all IFRS-compliant and banker-ready:

• Profit & Loss statement (monthly, quarterly, annual)
• Balance sheet
• Cash flow statement (direct and indirect method)
• Management accounts with variance analysis
• KPI dashboard and executive summary
• Board pack preparation

Virtual Accounting

Full outsourced accounting via cloud software — your books are always up to date, accessible anytime, anywhere:

• Cloud accounting software setup and migration
• Remote bookkeeper support (dedicated point of contact)
• Real-time dashboards (accessible on your phone)
• Automated bank feeds and reconciliation
• Multi-currency accounting (for businesses with international clients)

Bank Reconciliation

Monthly reconciliation of all bank accounts, credit cards, and payment gateways — ensuring books match your actual bank position:

• Multi-bank account reconciliation
• Outstanding cheque tracking
• Unreconciled item investigation and resolution
• Petty cash management and reconciliation

Cash Flow Management

13-week rolling cash flow forecasts, working capital analysis, and payment scheduling to keep your business liquid:

• Weekly cash position reports
• 13-week rolling forecast
• Working capital cycle analysis
• Payment terms review and optimization
• Treasury management recommendations

Accounting Supervision

Have an in-house bookkeeper but need expert oversight? Our senior accountants review and certify your accounts monthly:

• Monthly accounts review and sign-off
• Error identification and correction
• Compliance checks (VAT, CT, IFRS)
• Staff guidance and quality control
• Year-end audit preparation

Accounts Receivable & Payable Management

• Invoice generation and dispatch
• Payment follow-up and collections support
• Supplier payment scheduling
• Credit control policy review

Monthly Accounting Packages

All packages include one dedicated accountant point of contact and WhatsApp support. VAT return filing is included in the Business and CFO Plus packages.

Software We Work With

We can work within your existing software or migrate you to the optimal platform — migration included in onboarding at no extra charge.

Free Accounting Health Check

Not sure if your books are accurate? We review your current accounts for free and identify:

• Unreconciled items and missing transactions
• VAT posting errors
• Accruals and prepayments not correctly captured
• Missing asset depreciation
• IFRS presentation errors
• CT deductibility of expenses

The health check is complimentary for businesses considering our services.

Frequently Asked Questions

What is the difference between bookkeeping and accounting? Bookkeeping is the day-to-day recording of transactions. Accounting is the preparation, analysis, and reporting of financial statements from those records. We provide both — most of our packages include both tiers.

Do you provide on-site accounting? For CFO Plus and Custom packages, we can arrange on-site visits (1–2 times per month) at additional cost. Most of our work is done remotely via secure cloud access — more efficient and at lower cost to you.

Are your accounts IFRS-compliant? Yes — all financial statements we prepare comply with International Financial Reporting Standards (IFRS), which is the standard required by UAE regulators, banks, and auditors.

Can you take over from my existing accountant? Yes — we manage the transition completely. We review existing records, identify any cleanup work required, and onboard your books into our service with minimal disruption to your operations.

Do you provide management accounts in Arabic? Yes — all financial statements and management reports can be prepared in both English and Arabic for boards, banks, or government submissions.

Office 225, Oud Metha Offices, Dubai Healthcare City | Ajman: Amber Gem Tower +971 50 380 7565 | support@hashmibusinessconsultant.com