Accounting is an integral part of a company and is regarded as the lifeblood of a company. Without accounting, it will be very challenging for a company to understand the inflows and outflows of cash in the company. One of the crucial things to comprehend in Accounting is Bad Debt and its effect on the […]

Accounting is one of the vital elements that help a business to measure and keep track of the performance. With the help of reliable accountants and bookkeepers, a business entity maintains a complete record. However, being a business investor, do you think that recording the transactions is enough for a business to grow? No, right? […]

With the recent advancements in technologies, there have been developments in tools and methods to handle a particular subject in almost every topic. Even the field of business accounting has not been left untouched by it.  There have been developments in software which will handle all the accounting requirements of a company. The main aim […]

With the implementation of VAT proceedings, the region of UAE has figured out new ways of generating revenue. The concept of VAT holds the specific term “Zero-rate” is used in countries where Value Added Tax (VAT) gets implemented. In business terms, zero-rate means that the good or service involves GST/VAT, but the rate that gets […]

Accounting is a very important part of any business, so important that it is considered as the language of businesses. Accounting deals with the recording summarizing analysing and presenting all the business calculations performed by an organization over a definite period or the business cycle. Now, there are a number of subcategories of accounting that […]

With the growing number of company formation in Dubai, the demand for accounting and audit services has continuously been increasing. A business entity needs to implement multiple services to monitor the growth possibilities and grab on colossal revenue. However, implementing numerous services at one time is not possible for a startup, but ignoring them is […]

Nowadays more and more people prefer to start their own business or work as a freelancer. This has been possible due to an increase in business opportunities all over the world. In the present state of the world where jobs are not stable due to the global pandemic, more and more people prefer to become […]

Keeping a continuous track of all the business transactions can be a tedious job. However, the non-maintenance of such transactions will lead to a difference in the business calculations and relevant proceedings. These business calculations are important for the management to decide the future path for the business. The business owners and entrepreneurs prefer the […]

The business records are a vital element that plays a significant role in leveraging the growth opportunities for an entity. Proper tracking of business growth and to understand the profits and losses that occurred during a specific period of the business is the main goal behind maintaining business books. It is important to note that […]

The invention and growth of technology have brought a massive change to the business world, infusing itself to every possible domain. Over a period of time, the usage and utilization of technology have been implemented in different areas like accounting, audit, tax, etc. Specific software is available in the global market for the business entities […]