Updating Backlog Accounts
Have you realized that you did not maintain proper books of accounts for your business from the day of inception? Due to limited resources and expertise, maintaining proper books of accounts are a real challenge for small to medium enterprises. If your business is registered under the commercial company law in Qatar, it is compulsory for you to maintain all your financial transactions records in the prescribed format.
We at Al Hisab Consultancy is a helpful hand for our clients to prepare books of account from the date of incorporation of business till the current date. You just need to provide all the supporting documents that are necessary for making books of accounts. The supporting documents will be consisting of all the original purchase and sales invoices, payment and receipt vouchers, bank statements from the start of business and record of all the checkbooks used during the period. Once you hire our services, our expert team will visit your company’s registered office or brings the necessary documents to our office and update all the records in your company’s accounting software. You will be provided with the following financial reports:
- Balance sheet or statement of financial position
- Income statement or statement of profit & loss
- Statement of cash flow
- Details of the company’s accounts receivable
- ADetails of the company’s accounts payable
- Efficiency reports
- Calculation of variances and analyses their output
- Calculation of financial ratios and their analysis
- Calculation of the break-even point for the company
