Month end financial report services in UAE
Leverage real time reporting capabilities to seek input on needed accruals and to support variance research.
- Close the revenue account to a unique account called income summary, a non-financial statement account used only to facilitate the closing process
- Close expense accounts to income summary
- Close the Income Summary account to retained earnings
- Close the dividends account to retained earnings
- Shorter, more accurate financial closes
- Line management is prepared for timely, knowledgeable executive review of results.