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Updating Backlog Accounts in Dubai

We’re a leading firm of chartered accountants & VAT/Tax advisers supporting entrepreneurs, high net worth individuals, family offices and growing businesses in UAE.

Small and medium-sized enterprises or newly formed enterprises may not maintain the company’s books sometimes, but they are forced to keep the proper accounts under the UAE Commercial Companies Act. Therefore, after a year or two, these SME understand that it is necessary to maintain the proper books and look for accounting firms to do the same.

Updating of backlog accounts is mandated by law for a business entity to keep a proper check on the company’s financial flow. If you have recently begun your company, you will know that accounting services with a specialty in updating backlog accounts have a vital role to play in updating backlog accounts because backlog records need to be checked and updating of backlog accounts is crucial in a business. Managing these accounts and updating of backlog accounts would bring your business up in a growth ladder. 

Alya Auditors support the clients to prepare the books of account from the date of incorporation of the company till date. However, proper supporting documents are necessary for us to prepare the books of account. Hence it is important for us to get the original supporting documents of the transactions including sales invoices, purchase invoices, payment vouchers, receipt vouchers, petty cash expenses, bank statements, cheque counter foils, bank transfer copies, etc. We finalize the books of account on periodic basis, normally on annual basis.

Accounting Firms in Dubai

Our Backlog Accounts Updation Service in Dubai Includes

Historical Accounts

Maintaining & Balancing Subsidiaries & General Ledgers, We Get You Up To Date, Giving You a Complete Cleanup Of Your Books.

Historical Accounts

Maintaining & Balancing Subsidiaries & General Ledgers, We Get You Up To Date, Giving You a Complete Cleanup Of Your Books.
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Book Cleaning Services

In order to run smoothly and make informed business decisions, the owner of the firm needs an accurate and well-maintained set of books.

Book Cleaning Services

In order to run smoothly and make informed business decisions, the owner of the firm needs an accurate and well-maintained set of books.
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Aging of Receivables

An accounts receivable aging is a report that lists unpaid customer invoices and unused credit memos by date ranges.

Aging of Receivables

The aging report is the primary tool used by collections personnel to determine which invoices are overdue for payment.
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Aging of Payables

An accounts payable aging report shows the balances you owe to others. The debts consist of inventory, supplies, and services you buy to operate your business.

Aging of Payables

The aging of accounts payable tracks who your creditors are, how much you owe, and how long you've owed debts.
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Assets Verification

This allows a company to keep track of details of each fixed asset, ensuring control and preventing misappropriation of assets.

Assets Verification

This allows a company to keep track of details of each fixed asset, ensuring control and preventing misappropriation of assets.
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Reconciliation of Accounts

Reconciliation of financial accounts regularly ensure that you know how much money you have and where it is being spent.

Financial Statement Preparation

Reconciliation of financial accounts regularly ensure that you know how much money you have and where it is being spent.
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Why to choose Alya Auditors for keeping your books up to date in Dubai

Backlog Accounting Services in Dubai,UAE

Bookkeeping, the basic accounting activity, will also allow your business to forecast its future in an efficient manner since it would be possible to evaluate how the business progressed over time.

To keep a financially healthy company, one must record the data at the time of happening to save time filing information later when it would be quite difficult to remember all the details.

At the point when exceedingly proficient representatives are keeping up your work, then don’t stress over the mystery of your records getting uncovered outside.

Proper bookkeeping, including issuing payments to vendors on time and keeping all data up to date, will make it easier to find anything when going through the data for reference purposes, when presenting reports, or even when compiling information for the annual taxes.

Proper bookkeeping allows the financial department of an entity to analyse and manage the cash flow, thus providing a better financial analysis and management. This can only happen when the company’s financial records are accurate.

Our Backlog Accounts Process

We will collect all the necessary documents required for the preparation of the financial statements.

We will also help you to update and record your business transactions in an orderly manner.

Alya’s team will help your company generate all the necessary documents as per the IFRS and FTA rules.

After generation of the report the specialized person will meet the management and discuss all the financial aspects he /she had found from the reports and give the necessary suggestions for improvement. 

Once the meeting is over and the management had agreed with the reports and suggestions the final report will be issued.  

Backlog Accounting Process in Dubai

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