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Accounting and Payroll services

Our Accounting and Payroll services include the following:

• Maintenance of proper books and records by using computerised accounting systems
• Preparation and submission of VAT returns
• Preparation of the 'Statement of Emoluments and Contributions' and submission to the Social Insurance Department
• Preparation and submission of P.A.Y.E. returns
• Payments of taxes
• Preparation of various reports for management purposes such as budgets, cash flow forecasts along with variance reports against actual results
• Preparation of debtors and creditors statements and ageing analysis
• Monthly bank reconciliations
• Monthly creditors reconciliations
• Payroll services
• Preparation of financial statements and consolidated financial statements in accordance with International Financial Reporting Standards (IFRSs)
• Unaudited accounts preparation for banks
• Computerization of accounting departments