We’re passionate about the UAE business community and provide Best Bookkeeping Services
to local and international businesses. We offer a fixed fee structure to our clients with advisory
built in. The more the organization's development happens, the interest in accounting and
bookkeeping services in Dubai shoots up. This offers to ascend to the number of Top
bookkeeping companies in Dubai.
We have a group of certified bookkeepers, experts, and finance specialists who can build up a
more powerful framework for overseeing and observing the financial health of your business.
Bookkeeping is being a process of documenting financial transactions of business and serves to
be a parent to accounting, which is the process of evaluating, analyzing, interpreting, compiling,
and reporting financial data of the business.
It's being a familial process for medium-sized and small businesses to outsource their
bookkeeping and accounting. Bookkeeping includes regulative parameters and process-oriented
variations; it's being superior options to have bookkeeping firms in Dubai maintain it as a
vendor to one’s firm.
Outsource Accounting and Bookkeeping is always a positive move for any business as it allows
top-level management to concentrate on the growth of their business rather than puzzling with
accounts of the company.
| Difference | Bookkeeping | Accounting |
|---|---|---|
| Context | Bookkeeping is mainly recording of transaction in books of accounts or to any accounting software. | Accounting is analyzing and Interpreting the transactions that are recorded in the books of accounts. |
| Relevance | Bookkeeping is not relevant In making financial decision of the company. | Based on accounting data, top level can make financial decisions. |
| Statement of Accounts | Financials and statement of accounts cannot be prepared on the basis of Bookkeeping. | Profit/ loss, Balance Sheet and other financial reporting can be done on the accounting. |
| Expertise | No expert knowledge is required for Bookkeeping. | Porfessionals and Experts play an important role in accounting of any business. |
| Growth of Business | Only Bookkeeping cannot be considered for growth of the business. | Accounting, if done properly can be the main reason for growth of any business. |
| Variations | Bookkeeping can be single or double entry. | Accounting and reports can be prepared on the basis of Business requirement. |
If you are looking for bookkeeping and accounting firms in Dubai or to establish a proper business in the UAE, Parsh can assist you with your accounting and bookkeeping services. We involve a team of professional experts who are well versed with regional and business standards.
Lead by a Chartered Accountant, we are a brand where you deal directly with experts.
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