Accounting & Bookkeeping

Bab Al Ajaeb Consultancy provides you with the most reliable Accounting & Bookkeeping services. Our team of experienced professionals provides accurate and timely services to ensure that your business’s financial records are up-to-date and compliant with all applicable laws and regulations. Our services include:

Policy and Procedure Development: Developing tailored policies and procedures to meet the specific needs and objectives of your business, and that align with industry best practices and regulatory requirements.

Chart of Accounts: Designing and managing a customized chart of accounts that aligns with your business structure, ensuring organized and easily accessible records.

Bookkeeping: Ensuring accurate and up-to-date financial records by managing journal entries, maintaining ledgers and recording transactions to support timely reporting and regulatory compliance.

Backlog Accounting: Addressing and resolving any backlog in your accounting records to ensure all transactions are accurately recorded, thoroughly reconciled and up-to-date.

Receivables & Payables Management: Providing comprehensive management of accounts payable and receivable processes, including invoice processing, vendor payments, customer invoicing, payment tracking and collections.

Payroll Processing: Administering all aspect of payroll, from calculating employee compensation and tax withholding to managing deductions and ensuring compliance with payroll regulations.

Reconciliations services: Providing comprehensive reconciliation services to identify and rectify discrepancies in your financial records.

Financial Analysis: Conducting in-depth financial analysis, including ratio, trend, and variance analysis, to assess performance, identify opportunities and mitigate risks.

Inventory Management: Implementing effective processes to control inventory levels, monitor tracking and assess valuation to reduce carrying costs and maintain optimal stock availability.

Management Information System (MIS) Reporting: Generating MIS reports to provide insights into financial performance and operational efficiency for informed decision-making.