ACCOUNTING & BOOKKEEPING
IN UNITED ARAB EMIRATES

Our Scope of Services Include:

FundForth works with well-known software programs like QuickBooks, ZohoBooks, Tally ERP 9, SAP ERP and other popular accounting software.

Our bookkeeping services at FundForth include the following:
• Installation of a robust accounting system
• Creating all Chart of Accounts
• Recording of sales, purchases, journals, etc as per Accounting Standards
• Entering payment and receipts vouchers
• Reconciliation of payments and receipts with invoices
• Checking the approvals on payments and the quotations obtained for purchases and matching purchase invoices with GRNs
• Pay supplier invoices only when due and chase customer receivables before due dates to ensure business cash flow is managed properly
• Pushing overdue receivables to debt collectors and further to the legal
• Accentuating revenue leakages to the management
• Preparing data for VAT returns and other VAT compliances
• Bifurcating Credit card and direct payments from bank statement
• Preparing BRS (Bank Reconciliation Statements)
• Cash Reconciliations

• Stock Reconciliation
• Obtaining previous year Audited Financials
• Checking the closing and opening balances
• Checking the veracity and accuracy of Trial balance
• Coordinating with Internal and Statutory Auditors.
• Preparation of Cash Flows and MIS
• Posting of adjusting entries, year-end accruals, allowance for doubtful debts, etc. to ensure quick completion of the audit
• Budgeting and forecasting
• Preparing monthly profit and loss and balance sheet
• Preparing annual Consolidated and Standalone Financial Statement.
• General Ledger Reconciliation
• Inter Company Reconciliation of ledger balances in case of group companies
• Gratuity calculation as per UAE labour laws
• Setting up Payroll Systems
• Reconciliation of Accounts payables
• Reconciliation of Accounts receivables
• Preparing and analysing Debtor’s Ageing
• Preparing and analysing Creditor’s Ageing
• Break-even Analysis
• Ratios Analysis

Why Choose us?

The reason companies choose us is for our competitive pricing in all the emirates of the UAE and considering us to be the best in providing cost-effective financial solutions, eliminating infrastructure and administrative hassles, enhanced efficiency, proven data confidentiality & security, complete transparency of operations, impeccable financial reporting, excellent coordination and communication.

FundForth thus helps companies pivot into more profitable directions where they can expand and grow. It is inevitable that companies will end up making a few mistakes; we help them correct these mistakes. We help companies turn their non-profitable ventures into something that benefits them. On top of all, our specialty lies in understanding what makes a company special and what makes it tick.

We at FundForth have a team of erudite Chartered Accountants who are very experienced and are up to date with the industry requirements, the latest accounting and audit tools, integrated business process automation, and have strong acumen to know the ongoing trend of artificial intelligence in the accounting profession. Our Accounting Team is well versed with cloud-based virtual accounting and is fully experienced with VAT compliant accounting and bookkeeping practices.

FunForth helps you to comply with international accounting standards which require a true fair representation of the financial statements. Our expertise differentiates us from other companies offering similar accounting and bookkeeping services. We strive to provide timely, cost-effective, scalable, and customized accounting solutions.

In-house vs Outsource Accounting Services