Accounting & Bookkeeping

Accounting & Bookkeeping

We Ensure Best Service

In the dynamic and rapidly evolving economic landscape of Saudi Arabia, robust financial management is the cornerstone of any successful business. Navigating the unique regulatory environment, including Zakat, VAT, and compliance with the Saudi Arabian General Authority for Zakat and Tax (GAZT), requires specialized expertise. Our comprehensive Accounting & Bookkeeping services are designed to provide Saudi-based businesses, from agile startups to established enterprises, with the clarity and precision needed to make informed decisions. We ensure your financial records are meticulously maintained, fully compliant, and strategically aligned with the ambitious goals of Vision 2030, allowing you to focus on driving growth and innovation.

We go beyond simple number-crunching to become your strategic financial partner. Our team of experts, deeply knowledgeable in local Saudi laws and international accounting standards, provides you with accurate, real-time insights into your company's fiscal health. From managing daily transactions and payroll to preparing for audits and implementing cutting-edge cloud accounting solutions, we offer end-to-end support. By partnering with us, you gain more than just an accountant; you gain a dedicated team committed to optimizing your financial processes, ensuring regulatory compliance, and empowering your business to thrive in the Kingdom's competitive market.

Features

Our suite of Accounting & Bookkeeping services is meticulously crafted to meet the specific needs of the Saudi market:

  • GAZT & Zakat Compliance: Expert preparation and filing of Zakat and VAT returns in full compliance with GAZT regulations to avoid penalties.
  • Localized Bookkeeping: Meticulous daily recording of financial transactions in accordance with Saudi Arabian accounting standards.
  • Financial Statement Preparation: Generation of accurate Profit & Loss Statements, Balance Sheets, and Cash Flow Statements.
  • VAT Consulting & Implementation: Guidance on VAT registration, implementation, ongoing filing, and dealing with VAT-related inquiries.
  • Payroll Processing: Efficient and compliant management of employee payroll, including calculations and filings with the General Organization for Social Insurance (GOSI).
  • Accounts Payable & Receivable Management: Systematic handling of vendor payments and customer invoicing to maintain healthy cash flow.
  • Month-End & Year-End Closing: Precise reconciliation of accounts and formal closing of books at periodic intervals.
  • Cloud Accounting Solutions: Implementation and management of modern accounting software (e.g., Xero, QuickBooks Online) for real-time financial access.
  • Financial Reporting & Analysis: Creation of customized management reports that provide actionable insights for strategic decision-making.
  • Audit Support: Thorough preparation of all necessary documentation and liaising with external auditors to ensure a smooth audit process.