Backlog Accounting Services
Backlog Accounting Services
Fixing Backlog Accounting and updating books of accounts since the inception of the company have become a significant issue for business organizations and have to be avoided. Small business units and startups miss to maintain proper accounting records and thus lose control over the financial position & numbers, leading to a huge loss. In such situations, you can take help from an experienced team specialized in backlog Accounting.
Besides, an organization that does not maintain proper books of accounts and wishes to have systematic accounting may face challenges such as non-availability of proper documents, non-compliance with VAT, Excise and other applicable laws etc. As per the UAE Tax Laws, it is mandatory for all the companies to prepare proper books of accounts and maintain necessary supporting documents for a period of minimum 5 years.
Why Hallerbos?
Professional team of accountants from Hallerbos, will help in updating backlog accounts from the year of incorporation of the company. We collect all the necessary supporting documents like Sales Invoices, Purchase Bills, receipt voucher, payment slip, petty cash expenses, bank statement, contracts and other requirements if any require to prepare the books of accounts of the company using latest accounting software available in the region. We help the organization to close the books of accounts on a monthly & yearly basis by passing necessary closing and provisional entries.
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