Accounting & Bookkeeping UAE

A qualified accountant or bookkeeper assists in the efficient operation of your company by ensuring the accuracy of your financial accounts. Deltoid understands that the initial step in each business’s accounting procedure is bookkeeping. 

To ensure accuracy and compliance from transactions to wages, Deltoid offers precise accounting and bookkeeping services. Our highly skilled bookkeepers handle your company’s accounting issues and produce clear financial statements and reports for current and future planning. Many elements of Deltoid’s bookkeeping services can significantly improve your company’s financial situation.

Deltoid provides a wide variety of bookkeeping services customized per your business requirements. Our bookkeeping services include the following:

• General Ledger Accounting & Bookkeeping.
• Accounts Receivable Management.
• Accounts Payable Management.
• Bank/Cash Reconciliation.
• Banking & Credit Card Activity Checks.
• Payroll Processing& Bookkeeping.
• Sales Tax Bookkeeping.
• Profit And Loss Statement Bookkeeping.
• Income Tax Bookkeeping.
• Inventory Control Management.
• Fixed Assets Management.
• Receipts and Disbursements Management.
• Preparation of Financial Statements.
• Accounts Reconciliations / Bank Reconciliations / Credit Card
• Financial Transactions Record-keeping.
• Financial Statements & Custom Reporting.
• Review and Updates Statements.
• Tracking Sales, Expenses, and Profits Bookkeeping.
• Creation and Sending Unlimited Invoices.
• Management and Payment of Bills.
• Creation of Sales Quotes Invoices.
• Balance Sheet Generation and Review.
• Creation of Purchase Order Bookkeeping.
• Transaction in Multiple Currencies.
• Time Tracking & Job Cost Reporting.
• Working Capital Management.
• Material Requirement Planning.
• Work in process (WIP).
• Records Keeping According to Legal Protocol.

Deltoid believes that every company deserves accurate, thorough, and insightful information. Don’t accept less than the best. For this reason, Deltoid, an auditing and accounting firm, commits to taking on more responsibility, reducing expenses, and acting more quickly—all while offering insightful ad hoc analysis and unbiased perspectives on your financial system. Deltoid’s Full Cycle Accounting Services include:

• Journal Entries, Posting, and Data Entry
• Trial Balance and Adjustments
• Financial Reporting and Statements
• Year-End Adjustments
• Cash-Flow Reporting, Analysis, and Forecasting
• Decision Analysis and Support
• Budgets and Business Cases
• Documentation, Policies, and Procedures
• Payroll Services
• Accounts Receivable and Accounts Payable
• Document Storage and Automatic Cloud Backup, etc.

Deltoid provides accounting review services to businesses to assist them in streamlining their operations and records effectively. During the process, the auditor reviews the financial statements while ignoring the organization’s internal controls. The analysis done by Deltoid’s auditor provides limited assurance that the financial statements are accurate.

Following the review, Deltoid’s expert auditor will provide a report that specifies any “significant adjustments” that need to be made to the financial statements. After review, the report is not regarded as providing a qualified assessment of the financial data.

The key distinction between an audit and a review is that, to conduct an audit, the auditor must get independent confirmation or verification of the financial information under scrutiny. Deltoid’s audit and review services are significantly distinct from one another. As the auditor doesn’t undertake numerous audit procedures during review engagements, the reader of the financial statements receives less assurance.

Nonetheless, because a review is less expensive than an audit, it is frequently thought of as the better choice, particularly for early-stage, high-growth businesses with tight operational budgets.

Identifying and rectifying accounting errors is essential to maintaining accurate financial records. It ensures that a business’s financial statements reflect its true financial position. Deltoid’s accounting errors identification and rectification service can help companies to identify errors in their accounting records and correct them.

Deltoid’s service typically involves thoroughly reviewing the financial records, including the general ledger, trial balance, and other financial reports. Deltoid’s experts will look for errors such as misclassified transactions, incorrect account balances, and errors in calculations. Once the errors are identified, our team will work with yours to correct them and ensure that the financial statements accurately reflect the organization’s financial position.

In addition to correcting errors, Deltoid’s accounting error identification and rectification service can also help businesses prevent future mistakes. Our qualified consultants provide recommendations on improving financial records’ accuracy, such as implementing internal controls and regular audits.

Overall, Deltoid’s accounting error identification and rectification service can be a useful investment for companies that want to ensure the accuracy and reliability of their financial records. It can provide peace of mind and help you make better-informed decisions based on accurate financial data.

A backlog typically describes an order or document that needs to be finished. Backlog accounting is crucial for this reason. Moreover, it indicates revenue that the business is capable of earning but has yet to achieve. According to Deltoid’s experts, this may be due to the business’s inability to handle the workload or order volume growth, which exceeds its capacity, or it may result from poor management.

Deltoid attributes the gain in the backlog to various elements, including:

• Establishing a new sales territory.
• Increase in the investment of sales staff.
• A decline in product prices.

Benefits of Backlog Accounts

Deltoid provides remarkable backlog accounting services that may benefit the client in varied ways, such as:

• Simple Audit Process
• Supports Decision Making
• Better Management of Cash Flow
• Saves Time
• Data Retrieval Made Easy
• Prevents Data Duplication, etc.

A business can use an array of techniques to commit strategic fraud and conceal it. One can prevent catastrophic losses or bankruptcy in the future by taking precautions. There is always a chance that one of your most dependable people will falsify your books in order to benefit themselves. The financial statistics for your business may show large profits and sales, but the reality may be far different.

Hiring specialists from Deltoid could be quite beneficial if you have any suspicions of fraud or mistakes in your financial reporting or bookkeeping. Besides your efforts and labor, Deltoid will monitor your company on a frequent basis.

Our skilled accountants will guarantee that your everyday transactions, bookkeeping, and financial reporting are precise and truthful.

Deltoid provides online as well as on-site accounting services to businesses per their requirements and convenience. For online accounting, our team uses advanced methodologies to get immediate access to our client’s financial data at a moment’s notice, to answer questions, provide reports, or make immediate adjusts that might be necessary for you to carry on with your work uninterrupted, and without having to wait while someone drives to your office. Deltoid’s proactive accountants respond instantly to your queries as if you had a bookkeeper or accountant on staff.

Contrarily, Deltoid provides on-site accounting services that promise professional accountants to operate at the client’s location. Our accounting team visits the client’s office or place of business to provide their required services. Deltoid’s on-site accounting services are beneficial for businesses that need immediate assistance with their accounting records or have a high volume of transactions that require frequent attention.

Deltoid’s accounting software training and support services are subject to help businesses learn how to use accounting software effectively and efficiently. We have a reliable accounting professional team specializing in accounting software training and support.

The training component of our service typically involves on-site or virtual training sessions that teach employees how to use the software’s features and functions. Deltoid provides thorough guidance on basic tasks such as entering transactions, creating invoices, and generating financial reports, as well as more advanced tasks such as setting up budgets, tracking inventory, managing payroll, etc.

Deltoid’s support component focuses on providing ongoing assistance to businesses that have questions or issues with the software. Deltoid’s service includes phone or email support, troubleshooting, and software updates.

In a nutshell, Deltoid’s accounting software training and support services can help businesses get the most out of their accounting software investment.

Payroll management is managing and processing employee paychecks, benefits, and taxes. It can be a time-consuming and complex task for businesses. Hiring Deltoid for your payroll management requirements can provide many benefits, such as time savings, cost savings, compliance assurance, data security, etc.

Deltoid’s payroll management service typically includes the following:

Employee record keeping: We maintain employee information such as personal details, salary, and benefits.

Payroll processing: We calculate employee salaries, deductions, and taxes.

Tax compliance: We calculate and pay federal and state payroll taxes, file tax returns, and provide wage and tax forms to employees.

Benefits administration: We manage employee benefits such as health insurance, retirement plans, and vacation time.

Record keeping and reporting: We maintain accurate payroll records and generate reports for management and accounting purposes.

Choosing Deltoid’s payroll management service can be smart for companies looking to simplify their procedures and ensure compliance with payroll laws and regulations.

Accounts Receivable and Payable (AR/AP) management is a critical financial management component for any business. Accounts Receivable refers to the money owed to the business by its clients; however, Accounts Payable refers to the money the business owes to its suppliers and vendors. Effectively managing AR and AP is essential to maintaining a healthy cash flow.

Deltoid’s AR/AP management service typically involves the following tasks:

• Invoicing and billing: Deltoid generates invoices and bills and ensures that they are accurate and sent out promptly.
• Payment processing: Deltoid’s team will process payments from customers and suppliers, ensuring payments are made and received on time.
• Collections: Deltoid’s team will follow up on overdue payments and work to collect outstanding balances.
• Reconciliation: We will reconcile AR and AP accounts, ensuring that payments and balances are accurate and up-to-date.
• Reporting: Deltoid’s expert team will generate reports on AR and AP activities, providing insights into the business’s financial health and identifying areas for improvement.

Benefits of Deltoid’s AR/AP management services include:

• Improved cash flow: Effective management of AR and AP can help ensure that the business has enough cash on hand to meet its financial obligations.
• Increased efficiency: Deltoid’s AR/AP management can save time and resources for your other core business activities.
• Better accuracy: Deltoid’s professional AR/AP management services can help ensure that payments and balances are accurate and up-to-date, reducing errors and minimizing financial risk.
• Improved relationships with customers and suppliers: Effective management of AR and AP can help strengthen relationships with customers and suppliers, improving the business’s overall health.

Deltoid’s Accounts Receivable and Payable management services are subject to help businesses improve their financial management and ensure long-term success.

Inventory management is the procedure of tracking, managing, and optimizing a business’s inventory levels. Deltoid’s effective inventory management ensures that the firm has sufficient stock to fulfill customer demands while minimizing the costs associated with excess inventory.

Deltoid’s inventory management service typically involves the following tasks:

Inventory tracking: Deltoid tracks inventory levels and monitors stock levels to ensure the business consistently has enough inventory to meet customer demand.

Inventory optimization: Deltoid helps the business optimize its inventory levels, ensuring it is not carrying too much or too little stock.

Stock replenishment: Deltoid’s experts help the business determine when to reorder inventory and how much to order.

Inventory reporting: Deltoid generates reports on inventory levels, providing insights into the business’s inventory management practices and identifying areas for improvement.

Deltoid’s inventory management services promise clients improved inventory accuracy, better customer service, increased efficiency, etc.

Deltoid offers accounting staffing solutions on a contractual basis to businesses looking to fill short-term or long-term staffing needs. Our team of experienced accounting professionals can provide the expertise and support needed to help companies to achieve their financial goals.

When you hire accounting staff on a contractual basis from Deltoid, you can expect the following:

Flexibility: Deltoid tailors its accounting staffing solutions to meet your business needs. Whether you need temporary support to cover a busy period or ongoing support for a longer-term project, Deltoid can help.

Expertise: Our accounting professionals are highly skilled and experienced in various accounting functions, including bookkeeping, tax preparation, financial analysis, and more.

Cost savings: Hiring Deltoid’s accounting staff on a contractual basis can be more cost-effective than hiring full-time employees, as you only pay for the services you need.

Quality assurance: Our team of accounting professionals undergoes a rigorous hiring process, ensuring you receive high-quality accounting services.

Risk management: Deltoid assumes responsibility for the performance and quality of our accounting staff, reducing the risks associated with hiring and managing an in-house team.

Accounting staff on a contractual basis, including CFO, Finance Managers, Internal Auditors, and Senior/Junior Accountants, from Deltoid can provide businesses with the staffing solutions they need to manage their finances effectively and efficiently.

Deltoid provides businesses looking to improve their skills and knowledge in accounting with training and supervision services for existing accountants. Our team of experienced accounting professionals can provide the guidance and support needed to help accountants develop their skills and bring efficiency to the company.

Deltoid provides training on various popular accounting software to help accountants proficiently use advanced tools. Our team of technical experts can provide technical training on accounting principles, financial statement analysis, taxation, and more. Moreover, Deltoid offers training and support to help accountants develop soft skills like communication, time management, and problem-solving. Deltoid also provides supervision and support to help accountants improve their performance and ensure compliance with accounting regulations.

Deltoid’s training and supervision services can help existing accountants improve their skills and knowledge, enhancing job satisfaction and contributing to the business’s success.