5 Things to Look for When Hiring Accounting Services for Cafes in Dubai

Accurate record-keeping of all financial transactions, including sales, purchases, and expenses.

What to expect?

• Recording of daily transactions.
• Maintenance of financial records.
• Preparation of financial statements.

Preparation of financial statements that reflect the financial health of the cafe.

What to expect?

• Preparation of income statement, balance sheet, and cash flow statement.
• Detailed reports on sales, expenses, and profitability.
• Analysis of financial performance.

VAT Compliance
Managing VAT registration and ensuring the cafe is charging VAT on applicable services and products.

What to expect?

• Managing VAT registration.
• Calculating VAT liabilities accurately.
• Filing VAT returns timely.

Managing payroll to ensure that employees are paid accurately and on time.

What to expect?

• Accurate and timely calculation of salaries, commissions, and benefits.
• Managing payroll taxes and filing necessary documents.
• Detailed payroll reports.

Effective management of inventory levels to avoid stockouts or overstocking.

What to expect?

• Tracking inventory movements.
• Providing insights to optimize inventory levels.
• Reports on product sales and wastage.