Financial Accounting
Provide business owners with necessary financial statements they need to run their business, including but to limited to, Income Statement & Balance Sheet, A/P aging, A/R aging, inventory & all other standard accounting reports.
We can develop owner’s specific reports or help create custom reports that owner may need to run the business.
Do year end accounting entries & adjustments.
Prepare Notice to Reader to business owner if required.
YAG Accounting & Tax Consultancy is a Registered Tax Agency(Tax Agency Number: 30002125) in accordance with the Federal Law No. (7) of 2017 on Tax Procedures in the UAE which describes the appointment of a Tax Agent, & a Tax Agent’s registration procedure & conditions that must be fulfilled for registering a Tax Agent in the Register.
We support businesses to deal & comply with VAT laws & legislative obligations, whether that is preparing their book-keeping and VAT returns, advising on complex VAT issues and VAT planning opportunities, or dealing with a VAT audit.
We provide both expert advice and practical, hands-on assistance, our VAT specialist will work with you to ensure that your VAT returns are prepared efficiently that your obligations, risks and opportunities are identified and managed appropriately.
YAG Accounting is a registered Tax agency with Federal Tax Authority (FTA)in UAE.
Book Keeping
We provide a full set of bookkeeping services. Our team of experienced QuickBooks pro advisors are dedicated & eager to assist you with the management of your finances. We will develop a solution that is fully customized to meet your specific needs and allow you more time to run the day-to-day operations.
Our bookkeeping service add great value for business owners. You provide your documents on a weekly, bi-weekly, monthly or at any time suitable to you, we then accurately book all income & expenses for the period & reconcile bank accounts, credit cards statements, vendor & customers. After we complete entering all transactions you will be provided the financial reports you require to help you get a clear picture of your business and make sound business decisions.
Our bookkeeping services provides you with the following;
Data Entry – Booking all financial transactions
Bank & Credit Card Reconciliation
HST Reporting
Financial Reporting
Accounts Receivable
Accounts Payable
Monthly/Quarterly Remittance
Other Financial Services as Needed
