Benefits of Outsourcing Accounts to Impact Services
- You will have more freedom to concentrate on your core business or on your life away from work.
- Outsourcing your accounts department can save you economically and dealing with employees attitudes.
- Using an outsourcing firm is less expensive and more personable than using a BIG accounting office.
- Outsourcing can reduce employee related expenses such as salaries, benefits andtraining as well as help a company better manage employee related issues such as turnover, scheduling, and human resources.
- Through outsourcing, the provider can help eliminate unnecessary operating costs while reducing and bringing other administrative costsunder better control.
- Outsourcing allows management to focus more time and energy on the company's core business.
- By outsourcing, a company can have access to advanced technology to support the accounting process with less equipment and training of staff.
- The outsourcer assumes full responsibility for managing the day-to-day back-office operations.
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Benefits of outsourcing accounting to Impact
- You will have more freedom to concentrate on your core business or on your life away from work.
- Outsourcing your accounts department can save you economically and dealing with employees attitudes.
- Using an outsourcing firm is less expensive and more personable than using a BIG accounting office.
What are the benefits of Outsourcing?
- Outsourcing can reduce employee related expenses such as salaries, benefits and training as well as help a company better manage employee related issues such as turnover, scheduling, and human resources.
- Through outsourcing, the provider can help eliminate unnecessary operating costs while reducing and bringing other administrative costs under better control.
- Outsourcing allows management to focus more time and energy on the company's core business.
- By outsourcing, a company can have access to advanced technology to support the accounting process with less equipment and training of staff. The outsourcer assumes full responsibility for managing the day-to-day back-office operations.
Outsource your Accounting & Bookkeeping
Impact has pleasure in announcing to all their clients, the launching of a new Accounting & Bookkeeping Outsourcing Service. By introducing this new service, our aim at Impact is to give our clients peace of mind, with a more relaxed approach to all their bookkeeping and accounting requirements. No longer will it be necessary for you to hire a full time or even part-time accountant. By outsourcing your Accounting & Bookkeeping, you will not only minimize your expenses, but you will also have the privilege of using the expertise of our team of professional skilled accountants.
Our experienced accountants will maintain your accounting in such a way, that you will get reports regarding your business accounting when requested.
What are the output reports you will get from "Out-sourcing of Accounting & Bookkeeping”?
- Trial Balance
- Monthly Bank Reconciliation
- Analytical Sales Report
- Analytical Purchases Report
- Accounts Receivable Report & Ageing analyses
- Accounts Payable Report & Ageing analyses
Analytical General & Administrative Expenses Report
- Letter of Credit Report
- Fixed Assets and Depreciation Report
- Payroll and Wages Report
- Profit and Loss Account (Annual)
- Balance Sheet
And many other reports and output information will guide you through the initial procedures Our fees, which are very competitive, will be based on the volume of transactions / accounting papers.
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Financial & Accounting Reporting Services
 Accounts Preparation
Impact offer a full array of accounting and financial reporting services to meet the diverse needs of various types of business.
You can benefit from our expertise in all areas of financial planning, accountancy or business development and realise your potential for financial growth. Our services include
- Accounting system implementation
- Accounts payable
- Accounts receivable
- Asset accounting management
- Bank statement reconciliation
- Budgeting
- Cash application
- Cash disbursements
- Cash flow statements
- Credit and collection
- Depreciation and amortization schedules
- Financial accounting
- Financial analysis
- Financial reporting
- General accounting
- General ledgers
- MIS Reports
- Ratio analysis Records management
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Accounting Services to make your business easier in Dubai
In-house Accounting & Bookkeeping
We will handle your accounting and bookkeeping "in-house" (in our office) and we will provide you with monthly and/or any other reports whenever required.
At Your Office
We will handle your Accounting & Bookkeeping at your office premises. We will make weekly , monthly and / or quarterly visits to do the work.
Year-end Closing
On receipt of your yearly accounting documents our team can finalize the closing of the year-end
Customized Bookkeeping
We can customize a bookkeeping/accounting plan or procedure to suit your business needs.
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Outsourced Accounting Services in Dubai, UAE
Impact offers outsourced accounting and financial business processes services to small and medium businesses, considering the possibility of moving the management to focus on what they do best to grow their companies.
Our approach integrates use of the best resources along with latest technology to improve information stream and close communication gaps, for a successful outsourcing relationship.
Our Business Process Outsourcing services are designed to meet various needs as your business expands. Impact not only handles your day-to-day accounting tasks of invoice, collections, bill paying and account reconciliations but also creates records consistent with Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IAS). Comprehensive external and management reports, built upon a solid financial foundation, provide useful information on critical business activities; supporting financial statements are designed to meet investor, banking and taxing authority requirements.Our goal is to remove you from the hassle of dealing with the never-ending flow of accounting and financial details by providing a cost effective alternate way to maintain an internal accounting staff.
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