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Month end financial report services in UAE

Accounting Services

  • Month end financial report services  in UAE

    Month end financial report services in UAE

    Leverage real time reporting capabilities to seek input on needed accruals and to support variance research.

    Strategy
    • 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
    Benefits
    • Shorter, more accurate financial closes
    • Line management is prepared for timely, knowledgeable executive review of results.