Accounting services and Setup for VAT Accounting in UAE- AL Najm - 050-3515421

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Are your Accounts VAT ready?

 

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  1. UAE to introduce a 5% VAT from January 1, 2018
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  3. Yet 50% of the firms in GCC are still unprepared for VAT
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  5. Our tax experts can guide you to be VAT compliant

VAT Accounting in UAE as disclosed by the Ministry of Finance that VAT will be implemented in the UAE by 1st January, 2018, companies are on a limited timeline to maintain for the first phase of VAT implementation in their organization. Al Najmalready made substantial progress on preparing their tax administration systems and focusing its clients to develop their business in maintaining for VAT with the best accounting software& provide best Accounting Services to their client.

 

Value Added Tax (VAT) is an indirect tax which is in place in more than 100 countries globally. United Arab Emirates in specific and GCC council in general has taken a decision to implement the VAT system with effect from January 1, 2018. The VAT rate has been agreed at rate of 5% on most of the goods and services. VAT will most likely impact every UAE business and with 1st January 2018 not being far, we will help you to be prepared.

 

AL-NAJM having a dedicated team of accounting professionals will fulfill your business needs and help you in VAT Accounting.

 

Accounting Software plays imp role in Increase of a Business where it handles and gives complete information about your Business Financials. Al Najm provide complete Solutions from VAT Accounting software setup till Annual Audit report with best practice VAT services with best accounting Softwares like Sage, QuickBooks, TALLY ERP, Sage 50 ME Edition.

 

VAT COMPLIANTSIN UAE:-

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  1. Transmigrate to an accounting software that can adopt VAT calculations.
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  3. Along with a Tax Expert review existing long-term contracts & options to take maximum input tax credit of the purchases & expenses.
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  5. Handling Proper training for your staff & IT Dept.
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  7. Plan and structure in a way that cash flow management is not affected.

 

 

For any Queries or Details Talk to Our Consultants at:

Al Najm Al Mawsuq Accounting Service LLC.

Mr. Husain (CA) – 050-3515421

Mr. Shabbir – 055-1598152

 

Al Najm Al Mawsuq Accounting Services LLC, is formed with past experience of Professionalism in high level Accounting and Auditing Processes for many Expanding and Out-Grown Business in UAE.
We provide Best-in-Class Accounting Services with Expertise in Accounting & ERP Software Solutions like J.D. Edward, ORACLE, Maximo, Data wright, Sage and many more.

From past a Decade, we are actively involved in providing following Services:
?Budgeting and Forecasting - The processes are critical for helping finance management understand where they are today, plan for where they want to be tomorrow and understand what steps are needed to be taken to ensure the organization is able to stay on course.
?Cash Flow Management - Predicting cash flows, Managing cash flow on a daily basis, Managing financial risks, Maintaining an electronic fund transfer system, Reviewing and analyzing expenditures on banking services, Negotiating contracts for financial and banking services & Managing fraud control programs.
?Feasibility Studies - List in detail all the things you need to make the business work; Identify logistical and other business-related problems and solutions; Develop marketing strategies to convince a bank or investor that your business is worth considering as an investment; and Serve as a solid foundation for developing your business plan.
?Business Analysis - Involve the search for synergy and continuity in business & technology initiatives, which is a critical success factor for enterprise Business.
?Policy and Procedures Review & Design – We provide a well-written business policies and procedures allow employees to clearly understand their roles and responsibilities within predefined limits. Basically, policies and procedures allow management to guide operations without constant management intervention.
?Internal Auditing - A strong, strategic Internal Audit framework integrates compliance, controls and sophisticated risk management with your mission, vision, and stakeholder expectations. As such, it can help you shape new governance and risk paradigm—anticipating issues, increasing your effectiveness, eliminating duplication, and identifying areas of potential performance improvement.
?Setup "Chart of Accounts" - It is important for any Expanding Business to have a Chart of Accounts set in way that cater business requirements, providing proper MIS reports with minimum manual work. By keeping future growth and expansion needs of business in mind, our Professionals having experience in various Business Industries, will set-up proper Chart of Accounts keeping all these factors into consideration.
?Data Migration - NMA has the expertise for a list of accounting software which involves completing all of the Data Migration tasks such as Conduct a requirements analysis, Structure the system, Export the data, Perform data mapping, Import data and Reconcile data.
?Accounting Software Implementation – It is important that accounting software is configured by trained professionals that understand what financial information business owners need to successfully manage their business. Our professionals can help you select the right software, configure it, provide training and fully implement your accounting software. We have a vast Experience with Sage, QuickBooks and Tally Accounting Software.
?Backlog Clearance - You can be sure and have the confidence that your backlog accounting matter is well taken care by us. We had helped many Out-Grown companies clear their backlog accounting works and tidy up their bookkeeping.
?Bookkeeping and Accounting – Involved a list of Tasks performed by our professional accountants:
1.Maintaining Accounts Payable and Accounts Receivables
2.Maintain inventory records.
3.Perform personal bookkeeping services.
4.Prepare purchase orders and expense reports.
5.Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.



We Expertise in following ERP & Accounting Software:
?J.D. Edward
?ORACLE
?Maximo
?Data wright
?Sa

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Al Najm Al Mawsuq Accounting Services LLC

United Arab Emirates United Arab Emirates
Contact Person: NMAMarketing
Telephone: 971-50-3515421
Location: Dubai, United Arab Emirates
Business Type:Service
Main Target Region:United Arab Emirates
Address:
Suite # 507, 5th Floor, Al Zahra Techno Centre,
Main Product:
Accounting & Bookkeeping Services for Solutions of Sage , QuickBooks, Tally ERP
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