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 choose us

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

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Storage

Domains

Sub-domains

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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