info@wisefinance.info | +971 4 551 3434 | +971 56 1204 624

Our Services

Accounting


Accounting Advisory

WISE provides a full range of accounting and bookkeeping services that are geared towards assisting small, mid-sized companies and corporates. Our qualified professionals help clients in setting up accounting functions in compliance with regulatory laws such as vat, companies’ law & IFRS

Our Accounting Services include:

  • Financial Accounting and Bookkeeping;
  • IFRS compliant Financial Statements including Income Statement and Balance Sheet;
  • Management Accounting and Reporting (including setting up Management Information & Reporting System);
  • Project Profitability / Job Profitability;
  • Receivables and Payables Management.

WISE provides timely, cost effective and customized accounting solutions with access to your financials 24/7.


Outsourced book keeping services

Accounting & Bookkeeping is crucial for the success of any business. The investor should know the status of his/her business at every stage for his success and should be able to predict its future depending on the accounts. The bookkeeping services in small business are now looking at the new option of outsourcing the books of accounts into the hands of qualified professionals

WISE offers comprehensive book keeping services to companies to outsource their accounting functions to highly qualified team of professionals. Advantages of outsourcing the Accounting & Bookkeeping services are many:

  • Save Time

    Handing over the work of Bookkeeping to qualified professionals allows the Investor to save their precious time and they can focus on the key areas of business development. This becomes very crucial when the business is managed by a small team.

  • Save Money

    By hiring qualified professionals on hourly/weekly/fortnightly/monthly basis, the investors can save money on a full time employee as well as the other expenses like their visa costs, leave salary, air ticket, end of service benefits etc. In addition to this, the accountants are supervised by an Accounts Manager.

  • Industry Experts

    While outsourcing the accounting & book keeping services, the business does not have to bother about the professional experience of the accounting team, spending on expensive ERP for generating the reports.

Bookkeeping services by Wise

Wise professionals will establish the following accounting modules based on the Industry in which the company operates.

  • Setting up of chart of accounts
  • Purchase Order
  • Sales Order
  • Sales Invoice
  • Inventory
  • Bill of Materials
  • Project Costing
  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Pay Roll
  • PDC Management
  • Fixed Assets
  • Trial Balance
  • Profit & Loss Account
  • Balance Sheet

Accounts Supervision

Wise provides accounting supervision as an alternative to the comprehensive outsourcing of accounting services. The range of external services provided by us includes review of chart of accounts, vat complaint recording, regular supervision of the client’s accounting records. By combining external accounting supervision with keeping the books at the company, the client has a complete satisfaction of proper maintenance of accounts, among others, the possibility of smooth transition from full external accounting to in-house accounting becomes much easier.

Reports:

WISE understands that every business requires reliable, accurate and timely financial analytical information to monitor its performance so that the management can take timely actions and decisions. Our experienced & qualified professional accountants understand the importance so they work towards achieving these goals for our clients. Following reports will be submitted to management periodically (monthly / quarterly / half yearly / yearly)

  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • Trial Balance
  • Ratio Analysis
  • Fixed Asset Register
  • Sales Register
  • PurchaseLedger
  • Debtors ageing
  • Creditors ageing
  • Bank Reconciliation
  • Credit card reconciliation & control
  • Stock statement, movement analysis & profitability reports


Book Keeping Packages

  • *Package will be based either on transactions or revenue whichever is higher.
  • Note: The above packages are at standard rates, any customization or changes in the above mentioned scope according to the specific needs of the client can be discussed and finalized accordingly.
  • Government fee, Arabic Translation cost wherever applicable will be charged separately on actual basis. 5% VAT will be in addition to our fees


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