BANKING, ACCOUNTING & BOOKEEPING
As one of the largest banking sectors in the middle east, the UAE requires the entrepreneurs to open two bank accounts- a company bank account & a personal account once they are UAE residents. BRACE Corporate Services help you with the following:
Assist in choosing the right bank
Preparation of company profile
Schedule a meeting with the bank relationship officer
Follow up & regular updates on the status of your application
Complete the KYC and forms
Assist in maintaining the account
We manage your accounting and bookkeeping function as per IFRS using FTA-compliant platforms. We involve a team of professional experts who are knowledgeable with regional and business standards. We handle your day-to-day bookkeeping activities, such as issuing PO, booking bills, issuing quotations, issuing invoices, bank reconciliation, AP/AR Reconciliation, monthly and yearly financial reporting, and coordinating with your external auditors, and many more. The accounting services are:
Journal Entries
Accounting of Petty Cash
Depreciation & Fixed Assets
Balance Sheet
Receipts Posting
Projects Accounting
Sales & Revenue Posting
Received Material Posting
Accounts Receivable
Cash Flow Statement
Purchase Invoices Posting
Payments Posting
Payroll Accounting
Debit & Credit Adjustments
Posting of Journal Entries
Posting of Material Issued
The bookkeeping services that we provide are:
On-Site/Off-Site Accounting Services
Payroll Management
Preparing Financial statements
Accounts Payable
Setting up Accounting System
Monthly/Quarterly Financial reporting
Accounts Receivable
Banking card and Credit card Reconciliation
Well, as said, BRACE Corporate Services is a one-stop solution for all your business needs!