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In the United Arab Emirates, businesses are required to maintain accurate and up-to-date financial records in compliance with Federal Law No. 2 of 2015 on Commercial Companies (CCL). This legislation mandates the preparation of annual financial statements in accordance with International Financial Reporting Standards (IFRS), ensuring transparency and consistency in financial reporting. Additionally, adherence to the UAE VAT law necessitates detailed records of all transactions and regular VAT return filings, underscoring the importance of meticulous bookkeeping practices.
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Bookkeeping is the process of recording and organizing a business’s daily financial transactions, including sales, purchases, payments, and receipts. This foundational practice ensures that all financial data is accurately tracked and maintained, enabling businesses to monitor cash flow, prepare financial statements, and stay compliant with regulatory requirements. Reliable bookkeeping supports informed decision-making and long-term financial health.
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Precise Record-Keeping for Full Financial Clarity
We ensure every transaction is documented meticulously, giving you a clear and accurate view of your business’s financial health
Timely and Reliable Updates
Our regular updates mean you always have the latest financial data at your fingertips, allowing you to make well-informed business decisions promptly.
Custom Solutions Tailored to Your Needs
Whether you’re a startup or an established business, we customize our bookkeeping services to align with your specific goals and requirements.
Compliance with UAE Accounting Standards
Our team ensures that all records meet UAE regulations and International Financial Reporting Standards (IFRS), keeping you fully compliant.
Cost-Effective, Time-Saving Approach
Outsourcing your bookkeeping to TVG Management Consultancy saves you time and reduces overhead costs, freeing you up to focus on business growth.
Comprehensive Solutions to Keep Your Finances on TrackWe offer a complete suite of bookkeeping services to support your business’s daily financial needs. Here’s what you can expect:
Transaction Recording
Every business transaction is recorded accurately and systematically, ensuring you have a reliable log of your financial activities.
Accounts Payable and Receivable Management
We track your payables and receivables, managing invoices and payments to maintain smooth cash flow and avoid any overdue payments.
Bank and Account Reconciliation
Our team reconciles your bank accounts monthly, ensuring all balances match and helping to detect and resolve any discrepancies.
Expense Tracking and Categorization
We organize and categorize your expenses, making it easy to understand your spending patterns and identify potential cost savings.
Financial Reports and Analysis
Receive detailed reports, including balance sheets and income statements, to help you assess your business’s financial position and performance.
Your Trusted Partner for Reliable and Efficient Bookkeeping
With TVG Management Consultancy handling your bookkeeping, you gain more than just accurate records. Here’s why businesses choose us:
Dedicated Bookkeeping Experts: Our experienced bookkeepers understand the intricacies of UAE’s financial regulations, ensuring your records are accurate and compliant.
Tailored Solutions for Every Business: From startups to large enterprises, we provide personalized bookkeeping services that cater to your unique financial needs.
Advanced Data Security and Confidentiality: We use secure systems to protect your financial information, maintaining strict confidentiality at every stage.
Transparent and Regular Reporting: We keep you informed with timely, easy-to-understand reports, giving you insights into your business’s financial status.
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