Our Accounting services
We provide customizable accounting solutions tailored to meet the unique needs of your business. Whether you're looking for a full-service package or specific support, our scalable services adapt as your company grows.
Outsourcing accounting and financial reporting with TAG Consultancy can save time, reduce stress, and improve accuracy. That’s why more businesses are choosing TAG Consultancy for expert support they can trust.
Outsourced Financial Services :
- Record all sales invoices and purchase bills.
- Track incoming payments and funds received.
- Perform accurate bank reconciliations.
- Manage accounts receivable and accounts payable transactions.
- Record and tracking asset acquisitions and calculating depreciation.
- Logging all loans, credit lines, and financial liabilities.
- Manage prepayments & accruals
- Post all necessary journal entries to maintain accurate general ledgers
Bookkeeping Services
Accurate bookkeeping is vital for sustainable business growth. It involves tracking transactions and managing accounts. You must keep accurate records for invoicing, payments, and cash flow. Using advanced software helps ensure accuracy and compliance. Proper bookkeeping supports efficient financial management, helping businesses meet obligations and thrive in a competitive environment.
Our Services:
- Tracking transactions and managing accounts.
- Utilizing advanced software for accuracy and efficiency.
- Ensuring compliance with UAE laws and regulations.
Accounting Software Integration
Accounting software simplifies financial management by automating tasks like bookkeeping, reporting, and analysis. Businesses save time and improve accuracy, enabling timely financial records and enhanced efficiency. Features such as invoicing, expense tracking, and bank reconciliation help maintain precise finances. Robust reporting tools generate real-time insights, aiding performance assessment and strategic planning. We assist in selecting and implementing software like Xero or QuickBooks to suit specific business needs.
Our Services:
- Expert guidance on selecting and implementing accounting software (e.g., Xero, QuickBooks).
- Customization of software features to align with your company's specific accounting workflows and requirements.
- Setup of cloud-based accounting platforms, enabling secure, real-time access to financial data from anywhere.
- Ongoing support and training for your team to ensure effective software utilization and minimize disruptions.
- Regular software updates and maintenance to ensure your accounting systems stay current and compliant with regulations.
Financial Reporting
Accurate accounting and reporting are essential for business success. Reliable reports help assess profitability, identify trends, and plan strategically. As the financial world changes, our team helps your business stay compliant. We make sure you can handle complex tax laws, which supports growth and sustainability.
Our Services:
- Preparation of accurate and timely financial statements.
- Customized financial reporting tailored to business needs.
- Analysis of financial performance and profitability trends.
- Compliance with UAE tax laws and international standards, including IFRS.
- Advisory on optimizing internal accounting processes.
HR & Payroll
We offer HR and payroll services across to streamline operations and ensure compliance with regulations. Our solutions simplify managing payroll, labor compliance, and workforce support while ensuring accuracy and confidentiality. Services include global and domestic payroll management, system interfaces, training, and reporting. Outsourcing these functions reduces administrative burdens, mitigates risks, and enables businesses to focus on core activities, improving overall efficiency.
Our Services:
- Global and domestic payroll management
- Payroll system interfaces
- HR workforce support
- Labor Compliance
- Project back-end support
- Training support
- HR, compensation, and payroll reporting
- Vendor selection and management
- Cost projections and balance sheet operations
Backlog Accounting
Backlog Accounting ensures businesses maintain accurate and compliant financial records, even when faced with delayed bookkeeping. We specialize in identifying and resolving discrepancies in past records, reconstructing financial data, and ensure compliance. By addressing these issues promptly, businesses can regain control of their finances and avoid potential legal and financial repercussions.
Our Services:
- Reviewing and reconstructing past financial records.
- Resolving discrepancies in historical data.
- Ensuring compliance with local and international accounting standards.
- Reorganizing and updating accounts for current accuracy.
- Preparing overdue financial statements for tax and regulatory submissions.
CFO Services
CFO services provide businesses with strategic financial leadership without the need for a full-time hire. Our skilled team has strong financial knowledge. We help businesses improve cash flow, create effective strategies, and make better financial decisions. Our CFO services cover budgeting and risk management. They are designed to support the financial health and growth of your organisation
Our Services:
- Strategic financial planning and forecasting.
- Cash flow management and optimization.
- Risk assessment and mitigation strategies.
- Budget preparation and financial reporting.
- Financial analysis to support business growth and scalability.
- Advising on mergers, acquisitions, and investment opportunities.
Accounting Review
Our accounting review services help make sure your financial statements are accurate, reliable, and meet the latest standards. Our teams conducts thorough examinations of your accounting processes, identifying inefficiencies and offering actionable solutions to enhance transparency and accuracy. This service helps businesses maintain trust with stakeholders and improve overall financial management.
Our Services:
- Comprehensive review of financial statements.
- Evaluation of internal accounting processes.
- Identification and correction of errors or inconsistencies.
- Compliance checks with UAE tax regulations and IFRS.
- Recommendations for process improvements and best practices.
- Ongoing monitoring to maintain financial accuracy and reliability.
Looking for Crypto Accounting Services Specifically?
In addition to our core accounting solutions, TAG Consultancy offers specialized services for businesses operating in the digital asset space. From crypto accounting and AML compliance to licensing, blockchain advisory, and dedicated crypto audits, our experts ensure your operations remain transparent, compliant, and investor-ready.
Why Choose TAG Consultancy and Outsource Your Accounting Services
We deliver tailored solutions for businesses of all sizes and industries, aligned with your goals and growth objectives.
- Expertise: Highly skilled professionals with diverse backgrounds and extensive experience in Dubai tax regulations and practices
- Tailored Solutions: Customized accounting packages to meet specific business needs, whether in Dubai mainland or free zones
- Technology Integration: Leverages cutting-edge technology and industry best practices to streamline processes
- Cost-Effective: Budget-friendly services designed to optimize resources and mitigate risks
- Client-Centric Approach: We focus on understanding our client's business model and objectives
Benefits for Businesses
- Ensures compliance with local regulations and international standards
- Provides expert guidance on complex tax laws and regulatory requirements
- Offers personalized solutions for businesses of all sizes, from startups to multinational corporations
- Streamlines financial processes, enhancing efficiency and transparency
- Supports strategic decision-making through accurate financial reporting and analysis
By choosing us as your accountants, your business can confidently handle the complex accounting rules in the UAE. We make sure your finances are correct. We follow the rules and offer smart financial management. This helps you grow and succeed in a competitive market.
Interested in our free no obligation consultation?
We are also available to contact and book through the following social media channels, Either fill in our form or drop us a message, a member of our dedicated and experienced team will then reach out to arrange a time that works for you.
FAQ
The accounting requirements in the UAE encompass adherence to International Financial Reporting Standards (IFRS) for financial transparency, Value Added Tax (VAT) compliance, accurate financial reporting, annual audits, corporate governance principles, compliance with commercial laws, and adherence to free zone regulations for companies operating within them. Complying with these regulations ensures legal adherence, financial integrity, and accountability, with professional guidance essential for navigating UAE accounting requirements effectively.
Answer:
Outsourcing reduces overhead costs, ensures compliance with UAE regulations, and gives you access to a team of chartered accountants with wide-ranging expertise.
Answer:
We primarily use Xero, a leading cloud-based accounting platform, to give our clients 24/7 access to real-time financial data. Xero streamlines operations, reduces errors through automation, and provides secure, scalable solutions that grow with your business. As certified advisors, we handle tailored setup, integration, and training, ensuring your team can make smarter, data-driven decisions. We also support QuickBooks where required, offering flexibility to match your business needs.
Answer: Yes.
We specialise in backlog accounting, reviewing and correcting past records so your accounts are accurate, compliant, and ready for future reporting.
Answer: Yes.
We provide flexible monthly packages designed for businesses of every size, from early-stage startups to large enterprises.
Answer: Yes.
We offer crypto-focused accounting solutions including AML compliance, licensing, blockchain advisory, and dedicated crypto audits to ensure transparency and regulatory alignment. Find out more about our Crypto and Blockchain accounting services.
Answer:
The accounting requirements in the UAE encompass adherence to International Financial Reporting Standards (IFRS) for financial transparency, Value Added Tax (VAT) compliance, accurate financial reporting, annual audits, corporate governance principles, compliance with commercial laws, and adherence to free zone regulations for companies operating within them. Complying with these regulations ensures legal adherence, financial integrity, and accountability, with professional guidance essential for navigating UAE accounting requirements effectively.
