Accounting and Bookkeeping

Accounting and Bookkeeping

The practices of Al-Khader & Co
Chartered Accountants in the field of accounting and bookkeeping is recognized with professionalism nature through using clear and simple accounting rules. In the accounting department, highly qualified accountants and experts in the field of accounting and bookkeeping are working. In-depth knowledge and know-how ensure safe and accurate operations within accounting standards in the MENA and GCC region. We provide consultancy services in this domain, helping you to comprehend the regulations, with using the modern methods to conduct our bookkeeping services. On the other hand, we're committed to provide innovative solutions that help to maximize performance in the processing of commercial transactions, billing, collection, accounting, commercial transactions, financial statement preparation and other critical fields to upgrade the role of the financial function in the Organization.
Functions of the Accounting Department:
• Maintaining accounting ledgers (full bookkeeping, expense and income account, VAT records).
• Performing consolidated and individual annual financial reports.
• Preparing monthly reports (balance sheet and profit and loss account.)
• Preparing additional reports, in compliance with specifications.
• Representing clients before tax authorities during tax controlling.
• Developing company account plans that tailored to client needs.
• Preparing accounting policies.
• Preparing internal bookkeeping procedures.
• Assisting in issuing invoices and regulating payments.
• Cash Distributions
• Cash Disbursements
• Financial Reports
• General Ledger
• Sales Invoice Entry
• Payment Voucher Entry
• Petty Cash Advance Accounting
• Project Accounting
• Fixed Assets and Depreciation Accounting
• Customer Accounting
• Trial Balance
• Balance Sheet
• Journal Entries Preparation and Entry
• Receipt Receipts Entry
• Purchase Invoices Entry
• Warehouse Accounting
• Administrative and General Expense Recording
• Bank Reconciliations
• Supplier Accounting
• Annual Account Closings and Profit and Loss
• Our professional fees are affordable and within budget limits for all small and medium-sized businesses and self-employed individuals.

Create checklists and templates for businesses to assess their financial health, covering areas like liquidity, profitability, and solvency. emphasizing the importance of integrity, objectivity, and confidentiality in the profession.