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Equiti Business Corp accounting services in UAE are beneficial for businesses to keep a record
of all your business financial transactions, leaving no chance of any trickery, and ultimately
contributing to the growth of your company. As a team of highly qualified professionals, Equiti
Business Corp analyses your problems and strives hard to progress your business and make
you gallop. We are the leading service providers in UAE and provide following services in the
field of Accounting & Bookkeeping, VAT consultancy, and other business-related areas. Our
accounting specialists are highly competent in providing the best accounting services that
comply with the UAE laws and rules. An association with Equiti Business Corp accounting
experts helps you ensure exceptional accounting services in UAE while managing all your
transactions in the most transparent way.

Accounting Service

Accounting

Equiti Business Corp accounting services in UAE are beneficial for businesses to keep a record of all your business financial transactions, leaving no chance of any trickery, and ultimately contributing to the growth of your company. As a team of highly qualified professionals, Equiti Business Corp analyses your problems and strives hard to progress your business and make you gallop. We are the leading service providers in UAE and provide following services in the field of Accounting & Bookkeeping, VAT consultancy, and other business-related areas. Our accounting specialists are highly competent in providing the best accounting services that comply with the UAE laws and rules. An association with Equiti Business Corp accounting experts helps you ensure exceptional accounting services in UAE while managing all your transactions in the most transparent way.
  • Ensure compliance with regulatory requirements
  • Facilitate informed decision-making
  • Enhance transparency and credibility
  • Optimize tax planning and minimize liabilities
  • Facilitating Growth

Why Accounting is Necessary for your Business?

Accounting is a necessity for all types of business organizations. Human memory power cannot remember every transaction concerning business for an extended period of time. So accounting becomes necessary to record, analyze and summarize all business transactions. Accounting statements and documents can be used as evidence in case of disputes. With the accounting records, profit or loss arising from operational activities at the end of the year can easily be found out. Properly managed accounts can provide sufficiently useful information for future planning of the business, which can be helpful for the progress of the company. Accounting is the best way to track profits and losses, keep money organized, and ensure your business is tax-compliant.

Frequently Asked Questions

Bookkeeping is the process of recording financial transactions, while accounting involves analyzing, interpreting, and summarizing financial data for decision-making.

Accounting helps track income and expenses, ensures compliance with financial regulations, and provides valuable insights for strategic planning and growth.

  1. The three main financial statements are:
    • Balance Sheet: Shows assets, liabilities, and equity.
    • Income Statement: Reports revenue, expenses, and profit/loss.
    • Cash Flow Statement: Tracks cash inflows and outflows.

It depends on your business size and transaction volume, but it’s recommended to update records daily or weekly to maintain accuracy.

Popular accounting software includes QuickBooks, Xero, Zoho Books, and Tally—each offering features suited for different business needs.

Proper accounting ensures accurate financial records, making tax filing easier and reducing the risk of errors, penalties, and audits.

    • Not keeping receipts and records
    • Mixing personal and business finances
    • Ignoring bank reconciliations
    • Failing to track accounts payable and receivable

If your business is small with simple transactions, you might manage on your own. However, an accountant ensures compliance, accuracy, and financial efficiency.

    • Cash Basis: Records transactions when cash is received or paid.
    • Accrual Basis: Records transactions when they occur, regardless of payment.

Yes, legitimate business expenses such as rent, salaries, utilities, and office supplies are deductible, reducing your taxable income.

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