Know where your business stands, every month.
ITQAN helps UAE businesses maintain organised records, reconcile accounts and receive useful monthly reports. Current books create a reliable foundation for management decisions, tax work, banking questions and year-end reporting.
Source documents become useful books only when recorded consistently, linked to evidence and reconciled. Current books clarify revenue, expenses, cash, unpaid invoices, suppliers and year-end requirements.
Spreadsheets, scattered receipts, mixed expenses and incomplete months make performance difficult to confirm.
Outdated profit, cash and balance information weakens management decisions.
Tax, banking, investor or audit requests are easier with organised evidence.
Sales, purchases, receipts and payments are classified in suitable software using supporting documents.
Book entries are matched with statements to identify missing, duplicated or unexplained transactions.
Customer invoices, receipts, credit notes and outstanding balances are monitored. Collection is separate.
Supplier invoices, payments and balances are organised. ITQAN does not authorise payments.
Consistent categories improve reporting, but recording an expense does not confirm tax deductibility.
Qualifying assets are recorded separately; depreciation spreads accounting cost across their useful periods.
Adjustments place future payments and current-period costs in the appropriate reporting period.
Records are reviewed, reconciled and queried before the month is closed.
Reports may include profit and loss, balance sheet, cash information and schedules. They are unaudited.
Organised monthly books simplify year-end reporting and coordination with appointed professionals.
Exact deliverables depend on the business, transaction volume and agreed scope. The purpose is to turn completed records into information management can actually review.
The proposal defines which reports, schedules and meetings apply. Not every package includes every output.
Choose the rhythm according to volume, tax, reporting, banking, complexity and internal resources.
Best suited to businesses that need regular reporting and visibility.
Useful only where reporting and compliance requirements allow.
Delayed recording can create avoidable work before major deadlines.
Books organise invoices, credit notes, expenses, imports, exports, assets, bank records and supporting schedules.
Record maintenance is separate from return preparation, tax analysis or FTA representation.
Historical cleanup needs its own scope and enough evidence to support the accounting entries.
Review periods and available records.
List missing documents and unclear balances.
Record transactions and reconcile accounts.
Prepare the issues list and close the period.
Establish a regular monthly routine.
Books should use suitable software the client owns or can access. Onboarding confirms users, storage, backups, accounts, balances, subscriptions, migration, controls and exports.
Review activity, volume and needs.
Agree scope, duties and fee.
Collect records, balances and access.
Receive monthly documents.
Enter and reconcile transactions.
Resolve queries and close.
Issue reports and actions.
Timely, complete client information is essential.
The client provides complete information, access and explanations, authorises payments, preserves evidence, reviews reports and appoints any required auditor.
Fees reflect accounts, currencies, transactions, inventory, payroll, entities, reports, cleanup, software and meetings. The scope confirms deadlines, exclusions and additional work.
Records, reconciles and reports transactions.
Uses information to support decisions.
Covers separately scoped registration and filing.
Requires an independent licensed auditor.
The scope may cover recording, reconciliations, balances, closing and reports.
Companies should maintain records appropriate to applicable legal and tax obligations.
Volume, VAT, reporting needs and complexity determine the suitable frequency.
Yes, after reviewing records, access, opening balances and unresolved issues.
It records delayed periods, reconciles balances and identifies missing evidence.
Yes, where the proposal includes specific statements, schedules or meetings.
Not automatically. Filing requires a separate written scope.
No. Audit requires an appropriately licensed independent auditor.
Yes, while the auditor determines its own evidence requirements.
The client should retain ownership and appropriate access.
Fees reflect volume, complexity, reporting, software and historical work.
Possibly, after reviewing its suitability and access.
Tell us about your business, transaction volume, last completed period and reporting requirements. We will define the documents, responsibilities and suitable scope.
Accounting reports are prepared from the records and explanations supplied by the client and are not statutory audited financial statements. VAT, Corporate Tax, audit and Tax Agent services require separate scopes and, where applicable, appropriately authorised professionals.
