Outsource Accounting and Bookkeeping Services in Dubai

Why You Should Consider It?

IMC supports business owners with accounting and bookkeeping so they can focus on their core business.

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All about Outsource Accounting & Bookkeeping Services in Dubai

Our firm has the resources, experience, and reputation to help handle all of your Outsource Accounting & Bookkeeping Services needs.

Ms. Celian Tamang | Manager

Top Reasons to Consider Outsourcing Accounting & Bookkeeping Services

Allows You to Focus on Core Business
Reduces Labour Cost
Improves Operational Efficiency & Effectiveness
Improves Processes
Reduces Risk
Reduces Overhead Cost
Helps You Gain Confidence & Peace of Mind
Lets You Focus on Innovation
Allows Better Control & Visibility

Why Choose IMC for Accounting & Bookkeeping Services?

Cost Effective Services
Cost Effective Services

A dedicated or full-time accountant in UAE can cost a lot and has associated expenses such as monthly salary, travel cost.

Flexibility in Saving Time
Flexibility & Saving Time

Specific to your requirements and preference, our team reports to you on a regular basis.

Bringing the benefits of Expert Knowledge
Bringing the Benefits of Expert Knowledge

Team of expert professionals who are experienced and qualified accountants.

Scope of Scalability
Scope of Scalability

When you outsource your accounting and bookkeeping, you have more chances and scope for scalability.

Why IMC for Accounting Services in Dubai
Our Clients

Have any project in mind?

Benefits of Outsourcing Accounting Service to IMC

  • Access to highly qualified and specialised accounting personnel.
  • Our team of accounts & payroll professionals possess in depth knowledge of local laws.
  • Ensure compliance with the latest accounting standards and local regulatory requirements.
  • Access to high quality, proven and certified processes customised as per the industry needs.
  • Seamless and integrated technological solution including accounting and payroll software. Technological applications adaptable to incorporate regulatory changes.
  • Guaranteed effective execution. Long term established relationship with our clients.
  • Ensure error free compliance of regulatory requirements.

Benefits of Outsourcing Accounting Service to IMC

Benefits of Outsourcing Accounting and Bookkeeping Services in Dubai

  • Access to highly qualified and specialised accounting personnel.
  • Our team of accounts & payroll professionals possess in depth knowledge of local laws.
  • Ensure compliance with the latest accounting standards and local regulatory requirements.
  • Access to high quality, proven and certified processes customised as per the industry needs

Accounting and Bookkeeping Services in Dubai

  • Seamless and integrated technological solution including accounting and payroll software. Technological applications adaptable to incorporate regulatory changes.
  • Guaranteed effective execution. Long term established relationship with our clients.
  • Ensure error free compliance of regulatory requirements.

Some of the Services offered by IMC

Daily Ledger Maintenance
Daily General Ledger Maintenance
Accounts Receivables
Accounts Receivables (Invoices & Collection)
Fixed Asset Management
Fixed Asset Management
Inventory Management
Inventory Management
Vendor Management and Payables
Vendor Management & Payables
Accounts Reconciliation
Accounts Reconciliation
Payroll Processing
Payroll Processing
Budgeting and Forecasting
Budgeting & Forecasting
Expense Classification
Expense Classification
Tax and Audit Support
Tax & Audit Support
Provision of Cloud based Accounting
Provision of Cloud Based Accounting
Misreporting and Data analysis
MIS Reporting & Data Analysis
Let us Help You Today!

We'd be happy to discuss your needs and provide you with a quote.

Contact Info
Chat with us or give us call at
+971 4 3709963

Email

DUBAI

NBQ Building, Office no. 303,
P.O. Box 115887,
Khalid Bin Al Waleed Road,
Bur Dubai, United Arab Emirates
Tel: +971 4 3709963
What Our Customers are Saying

Outsource Accounting and Bookkeeping Services in Dubai - FAQs

Bookkeeping is the recording of financial transactions and is an integral part of a business’s accounting process. It is basically an activity that keeps track of all financial transactions and posts debits and credits.

Bookkeeping is the process of recording and organizing all financial data, while accounting is the process of analyzing financial data and preparing financial statements, namely balance sheet, Cash flow statements, and profit and loss accounts.

International financial reporting standards (IFRS) are the mandatory accounting standards in Dubai. All listed companies, in NASDAQ Dubai or Dubai Financial Market or Abu Dhabi Securities Exchange, must manage and control accounting records in accordance with IFRS.

You can access the latest smart technologies that can assure more reliable support without increasing your fixed cost. E-Commerce businesses handle big data that is a large collection of information used to determine price, product and promotional priorities.

Dubai UAE Ministry of Economy is the accounting regulatory body. There are other professional bodies, e.g., UAE AAA, UAE National Accountants, and Auditors Association.

From 1st January to 31st December is the accounting or financial year in Dubai.

As per Dubai UAE Commercial Companies Law, Federal Law No. 2 of 2015, Article 27 Chapter 2, every company needs to appoint a licensed Auditor registered under the Ministry of Economy for auditing its Books of Accounts.

Books of Accounts are typically maintained for four main reasons, e.g., Legal Requirements, Management control of Businesses, informing investors and shareholders on the organization’s financial health, and other third party requirements, e.g., Banks, Municipalities, or Financial Institutions.

Bookkeeping and Accounting can help you manage your business better and more profitably. Bookkeeping and Accounting helps a company or industry in the following manner
  • It helps you identify your budgetary requirements for your business.
  • It helps your company to prepare timely tax returns.
  • It helps you to comply with mandatory legal requirements.
  • It helps you to analyze your financial data and make informed business decisions for competitive advantage.
  • It also helps in future business planning by analyzing past business data.
  • It helps you to report the business health to concerned investors and shareholders and raising funds for your business.
  • It supports other business processes like operations, marketing and sales, and HR and used for identifying process inadequacies and improvement opportunities.
  • Bookkeeping helps you identify debtors and creditors and can be used for better cash flows.
  • It also helps in tracking business growth and accordingly decides on future business strategies.

Startups need to infuse a lot of money as working capital in their business initially and for the most effective use. Choosing an in-house accounting involves a lot of money typically and even then doesn’t always guarantee the desired output due to the lack of expertise. Outsourcing bookkeeping and accounting companies become cheaper, more value-creating, more flexible, and negotiable based on business needs and expert training for internal employees.

Some situations commonly compel you to decide on outsourcing your bookkeeping and accounting needs. When your company is growing, and on multiple fronts, a considerable amount of financial information needs to be processed and can’t be handled by in-house accounting personnel. 

How IMC Helps Outsourcing Solution for Accounting

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