Introduction
An organized and efficient accounting and bookkeeping function is crucial for the success of any business. We at PAAC provide an entire range of accounting and bookkeeping services. Our objective is to take care of back end office activities and thus enabling the management to focus more on core business functions.
The concept of outsourcing of Accounting and Bookkeeping comes with saving up to 40-50% as compared to the costs of hiring in-house staff to perform these functions. Our advanced technical expertise differentiates PAAC from other companies offering similar accounting services. We provide timely, cost effective, scalable and customized accounting solutions.
The Businessman should always have the financial information readily available in order to assess the business performance as well to use the related financial information for future decision making. We, at PAAC provides timely, cost effective, accessible and tailor-made accounting solutions.
The Advantages of Outsourced Accounting & Bookkeeping Services:
Professionalism & Expertise
- Services of an Experienced & Qualified Accountant.
- Capability to handle complex accounting entries.
Funds management
- More time for management of the business to focus on core business area.
- Low cost option as businesses do not need to spend on resident visa of employees, monthly salaries, annual leave salary, gratuity etc.
Why People Trust PAAC for Accounting & Bookkeeping
PAAC Accounting Team will setup the Accounting Function of the company which may vary depending upon the scope of work, requirements of the client and nature of business.
- Chart of accounts Creation
- Designing of Sales Order and Invoice
- Purchase Order & Stock Management
- Good Receive Note (GRN)/ Goods Dispatch Note (GPN)
- General Ledger & Nominal Ledgers
- Trade Receivables & Trade Payables
- Pay Roll & PDC Management
- Non-Current Assets & Trial Balance
- Income Statement & Statement of Financial Position
- Cash flow Statement & Budgeting
PAAC understands that every Business should always have the financial information readily available in order to assess the business performance as well to use the related financial information for future decision making.
Our team is well qualified to prepare timely MIS reports in a efficient and effective manner which enables businesses to take right decisions in time. We have proven expertise to prepare and submit following type of reports to the management periodically (monthly / quarterly / half yearly / yearly):
- Income Statement & Statement Of Financial Position
- Cash Flow Statement & Trial Balance
- Ratio Analysis & Sales Register
- Purchase Register& Debtors ageing
- Bank Reconciliation
- Stock statement, movement analysis & profitability reports
- Other reports helpful in decision making
Business and process understanding:
a) As a first step, we conduct a system study in order to understand nature of business and existing Standard Operating Procedures(SOPs). This helps us to recommend or opt for customised solutions to keep the business steering in right direction.
Allocation of staff and establishment of communication:
b) Allocation of staff as per engagement requirements to work closely with management and establish and maintain flow of communications.
Reporting:
c) Preparation and submission of reports to the management within engagement timelines.
Our Packages are as following
Accounts
Free Trial
Projects
SSL
Storage
Domains
Sub-domains
Your Text
Your Text
Your Text
Your Text
Your Text
Your Text
Your Text
Package Name
Accounting Package
No. of Transactions per month*
Annual revenue in AED*
Manager Review and Meeting
Dedicated Accounting
Annual Financial Reporting
Bank Account Reconciliations
Monthly Profit and Loss A/C
Monthly Balance Sheet
Receivable Ageing
Payable Ageing
Planning & Budgeting
Payroll Processing
Business Feasibility and Analysis
Part Time CFO Services
Basic
AED800
per month
Upto 100
Upto 500K
Once in a Qtr
Yes
Yes
1
Yes
Yes
_
_
_
_
_
_
Standard
AED1200
per month
100-200
500K to 1M
Once in a month
Yes
Yes
2
Yes
Yes
_
_
_
_
_
_
Most Popular
Pro
AED1650
per month
200-500
1M to 3M
Twice in a month
Yes
Yes
3
Yes
Yes
Yes
Yes
Yes
_
_
_
Advance
Contact
For Details
500 & Above
3M & Above
Twice in a month
Yes
Yes
Unlimited
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes