Al Najm Al Mawsuq Accounting Services LLC Dubai

Accounting is the most important mpart of any successful business. It records all transaction of the business organization and enables owner to know his Assets & Liabilities and Profit or Loss made during the year. Owner gets his business information in numbers, not word. Accounting Services Providing financial information to our customers in a timely and accurate manner is a guarantee that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. AL-NAJM provides a full range of cost effective accounting services including the following: *General ledger & financial statement establishment *Bookkeeping (MonthlyQuarterlyAnnualy) *Accounting system setup for new work *Computerized payroll services *Business tax return preparation (Sales & UseBusiness Property) *Personal financial statements *Litigation support Advantage of Accounting in business organization  Provide most vital information how your business is growing;  Profitability of loss in any projectdivision of business;  How cash flows generated in business are reinvested diverted from organization;  Assist in understanding where the profits of a business are reinvested;  Helps in planning the cash flow requirements for current andor new projects or organization;  Helps in short term and long term planning of business;  In a more simplified description, accounting is the process of producing timely, accurate, and understandable financial information of business entity;  Records requirements for audit compliance as per UAE laws. CA Husain Indorewala +97150 351 5421 Mr Shabbir Babrawala + 971 55 159 8152 Email : najmmawsuqacct@gmail.com Web: www.najmmawsuqacct.com

We are committed to provide professional services in highly organized and professional manner keeping into account the confidentiality of our clients business. We have expertise and hands on practice in accounting & erp software solutions like j.d. Edward, oracle, maximo, sage 50, quickbooks, tally and many more. • cash flow management - the process of monitoring, analyzing, and adjusting your business's cash flows. many of the business fail due to poor management of cash flow. If your business constantly spends more than it earns, as caused by gap between cash inflows and outflows. Firstly, we perform a cash flow analysis on a daily basis or predicting cash flows. Secondly, we develop and use strategies that will maintain an adequate cash flow in your business and managing financial risks. Also, providing proper reports through accounting software to make it easy for cash flow analysis. • feasibility studies - a good feasibility study contributes 50% to your business success. Before you begin writing your business plan you need to identify how, where, and to whom you intend to sell a service or product. You also need to assess your competition and figure out how much money you need to start your business and keep it running until it is established. Feasibility studies address things like where and how the business will operate. They provide in-depth details about the business to determine if and how it can succeed, and serve as a valuable tool for developing a winning business plan. also provides services of business analysis, internal auditing, account setup, accounting software implementation (sage, quickbooks, tally) with complete accounting & bookkeeping by professional accountants and sage certified consultants.

We are offering our professionals, with vast experience in various industries, can help you to choose a perfect solution for your business requirements. We also provide complete services of accounting, bookkeeping and training to manage your business financials with ease and 100 % accuracy. Accounting software - sage50 accounting(peachtree), quickbooks accounting, tally erp 9. 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. We expertise in different modules of accounting solution: general ledger, accounts receivables, payables, items & inventories, mis reports, internal auditing, audit trail, invoicing, intelligence reporting, fixed assets, job costing etc.

Purchased a newaccounting software and need to migrate your data? al najm is accounting services provider, we can provide the resources needed for your data migration tasks. Error free data migration is essential to the success of your system integration. Conserve historical data and accurate trends in your financial data is the result of a well executed data migration plan data migration is the part of accounting servicesit is process of transferring data between computer storage types or file formats. It is a key consideration for any system implementation, upgrade, or consolidation. Generally data migration is performed programmatically to achieve an automated migration, data migration occurs for a variety of reasons, including server or storage equipment replacements, maintenance or upgrades, application migration, al najm has many years of experience in conversion from many popular packages, such as peachtree and quickbooks, and many other accounting software and accounting services. We have extensive knowledge in database management and file layout structures. We are able to analyze your old database, design a cost-effective migration strategy, frame the data alteration routines and imports, test, revise, and then import data, ensuring accuracy at each step. Automated and manual data cleaning is commonly performed in migration to upgrade data quality, eliminate redundant or obsolete information, and match the requirements of the new system. Why data migration is performed  merger of business unit that triggers process change in company.  to improve efficiency, performance and stability of software application.  to accept new changes in terms of technology, market practice, operational efficiency, regulatory requirement results in better customer service.

New vat laws will apply from january’18 as declared by fnc in uae. Al-najm having a professional team of accounting member we will fulfill your business needs and help you in vat accounting& all accounting servicesour company’s team consists of a full-charge bookkeeper, an accounting software specialist, and an accounting manager or controller etc who can support you in accounting services , book keeping services, internal audit, business analysis& many more we have one stop solution to all your accounting problem. What are the vat related responsibilities of businesses? all businesses in the uae will need to record their financial transactions and ensure that their financial records are accurate and up to date. Businesses that meet the minimum annual turnover demand (as evidenced by their financial records) will be required to register for vat. Businesses that do not think that they should be vat registered should maintain their financial records in any event, in case we need to establish whether they should be registered. Vat-registered businesses generally: • must charge vat on taxable goodsservices they supply; • may reclaim any vat they’ve paid on business-related goods or services; • keep a range of business records which will allow the government to check that they have got things right if you’re a vat-registered business you must report the amount of vat you’ve charged and the amount of vat you’ve paid to the government on a regular basis. It will be a formal submission and it is likely that the reporting will be made online. If you have charged more vat than you have paid, you have to pay the difference to the government. If you’ve paid more vat than you’ve charged, you can reclaim the difference. Our qualified professional will be glad to support you and your business and provide solution to your accounting problems & all your query about vat accounting

Are you ready for vat accounting!!!! new vat laws will apply from january’18 as declared by fnc in uae. vat law business owners and landlords must pay a five per cent value-added tax (vat) starting january 2018, announced the federal national council (fnc) on wednesday in the uae capital. The fnc approved the draft law, which serves as a legal framework and organizes all the regulations of taxes, which aims to generate revenue for the federal government and enabling a viable economic growth. Private businesses making dh370, 000 and more a year will have to pay vat. Al-najm having a dedicated team of accounting professionals will fulfill your business needs and help you in vat accounting. This company’s team consists of a full-charge bookkeeper, an accounting software specialist, and an accounting manager or controller etc. We have one stop solution to your entire accounting problem. Our qualified professional will be glad to support you and your business and provide solution to your accounting problems. We also provide experienced & highly qualified professionals who provide the full range of accounting services which your company may need. • quickbooks accounting 2016 – enterprise, pro, premier • accounting software, online tally erp 9.0 • sage 50 accounting u.s. Edition 2016 (sage peachtree) • erp - oracle, jd edwards, maximo and many more