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There are numerous products available on the market for accounting software today, all of which promise to be better than each other in some aspect of company. With all the choices out there, the owner of the business needs professional help in finding the optimal accounting software for his business. NAK Auditing L.L.C. can help in this regard. We are experienced chartered accountants with a wealth of proven experience in all of the most popular accounting programs used in Dubai, such as Sage, Quickbooks, Tally ERP, and Xero. We do extensive research on your business, your industry, and the features that you will need before recommending any accounting software.
Fundamental accounting capabilities are only one part of accounting computer systems. Most have additional features that allow for conducting business. For example, the capability to issue checks and arrange audits.
All companies require accounting, and making accounting processes more efficient naturally reduces expenses and increases productivity. Accounting software makes it easy to capture transactions and examine your firm’s financial status.
Accounting software in Dubai will enable you to track your cash inflow and outflow because handling your business’s funds can be daunting. We at NAK Auditing L.L.C recognize the importance of software programs. We stay in touch with the newest packages and determine the most suitable software according to the needs of the business. We aid in the acquisition by providing the technical expertise that is required, especially from an accounting viewpoint.
Once you have bought the suitable software, we help with a seamless installation. Then we train your designated personnel on proper usage of accounting software for day-to-day accounting, which will enhance your business by allowing you to make informed decisions.
Accounting software in Dubai is a handy means of monitoring daily transactions and, ultimately, evaluating the financial status of your business.
The following are documented by accounting software:
• Daily transactions
• Generate reports
• Manage contacts of customers and vendors
• Create purchase orders
• Track stock level
• Bill customers
• Monitor account balances
• You can prevent errors and save time by employing accounting software!
• Utilize software tools to receive a daily summary of transactions instead of entering information manually.
•Balance sheets and profit and loss statements are some of the financial reports the system can generate.
• Review transaction activity compared to previous months or any
• Sort expenses into categories and arrange bill payments accordingly.
• Record the cash flow.
• Automate routine and time-consuming accounting tasks.
Accounting software in Dubai helps your business run efficiently by keeping track of cash flow and creating automated invoices.
1. Have control on your finances: Accounting software allows us to easily manage our financial information. It is easy to organize and keep your financial information. Take a clear picture of your company’s financial activity in real time.
2• Automate invoice: You can automate invoice by choosing the most suitable accounting software. Create recurring invoices, notify customers, and accept their online payments. Also, track overdue invoices and offer early payment discounts.
3• Track expense: Accounting software ensures that cash is monitored through automatic expense tracking, which is extremely important for small businesses.
4• Connect with bank: Accounting software reconciles bank transactions automatically by linking to your bank accounts.
5• Comply with IRS: Small businesses may find tax filing challenging, but accounting software simplifies compliance by automatically computing sales tax and creating tax forms.
6• Report and analysis: These provide a thorough understanding of your company. The majority of accounting software has reporting features that make it simple to analyze data and monitor performance.
7• Collaborate with your accountant: Accounting software keeps all of your financial needs at your fingertips. These features are at the disposal of accountants who utilize them to gather information as needed.
8• 24/7 access: Cloud-based accounting software in Dubai and easy to access from anywhere with an internet connection.
These days, your company has to interact with a lot of different stakeholders! Don’t allow manual labor to limit your goals. Using accounting software never fails; it improves the productivity of your accounts staff and generates reports automatically. To meet your business needs, NAK Auditing L.L.C offers a wide range of accounting, auditing, legal, and management consulting services all under one roof. Remove cumbersome and monotonous accounting practices and collaborate with NAK Auditing L.L.C in order to drive overall business effectiveness. We make sure that all of your business decisions are accurate and based upon current knowledge regarding your business.
NAK Auditing L.L.C has one of the best accounting packages in Dubai; tailor a package to drive your income!
1• Tally ERP (Tally Prime): There are various versions of Tally ERP 9, each customized to a particular user, type of business, or use. Starting with the Tally.ERP9 feature set, each version introduces features or functionality customized to the intended business user. Count. Used by more than one million users worldwide, ERP9 is marketed as “The complete business management solution.” The scope of business management tasks is extensive and encompasses tax records, audit assistance, and support for organizations having numerous locations. Sufficient connectivity is also available to keep records up-to-date at multiple sites.
2•Zoho Books:
>ZOHO is unique compared to its competitors due to its flexibility and ability to interoperate with hundreds of everyday applications that millions of individuals utilize. Whether one utilizes Dropbox, Google Drive, the box, or whatever one can imagine, using cloud storage is a cinch. You are able to keep track of your work at all times with its mobile forms, which support iOS, Android, and even Windows Phone. Aside from monitoring sales, purchase orders, billing, payments, and banking, you can also monitor estimations, projects, and workflows. Today, one of the most important aspects is integrating VAT; if you don’t want to pay hefty fines, you must be able to trace VAT (as the new rules only take effect).
>One of the few accounting solutions to receive official endorsement by the UAE Federal Tax Authorities (FTA) is ZOHO. For the customers, it remains one of the best options available.
>The user friendly design of the system has always set a benchmark for other products in the field, and now with the latest version of SAP S4 Hana it has set a new one.
3.QuickBooks: The industry’s best-selling and most popular accounting software as my QuickBooks, is QuickBooks by Intuit. Most people agree that QuickBooks Enterprise ERP is among the greatest business management applications available. It features the QuickBooks user interface, which is simple to use and easy to understand. In order for QuickBooks customers to submit QuickBooks data straight to their accounting services, almost all professional accounting companies either employ QuickBooks as part of their own accounting software tool set or are familiar with the file formats. There are numerous pre-configured custom solutions available to satisfy the demands of particular sectors. The ideal clients for QuickBooks Enterprise are mid-sized companies with annual revenue up to $250 million. A more professional product could be advantageous for a larger company.
4• SAP ERP: The well-established and widely used software company SAP provides a market-leader business management system under the name of SAP ERP. It provides 45 localizations, supports 37 languages, and has 50,000 users. It provides business solutions for basic finance operations, human resource management, product planning, and numerous other specialized functions. The user interface has improved significantly with the latest release of SAP S4 Hana.
5• Sage ERP: Sage ERP X3 is marketed as an alternative to traditional ERP software. With its cloud-based subscription service available in any browser, it reduces the complex architecture of most ERP-type programs. While it provides more advanced capabilities to the professional or veteran user, the interface is not quite as straightforward as QuickBooks. The users can deploy a version on their own systems and entirely customize it to the requirements of their own company. Sage X3 is scalable and ready to grow with your business. Mid-sized companies are recommended to use it.
6• Xero: Millions of businesses have switched to Xero because it has been so successful at converting conventional accounting into a new, modern cloud-based accounting system. Beyond saving accountants time, it has an App Store where you can connect hundreds of popular apps with Xero Accounting and upgrade your conventional accounting to leading edge, modern accounting. There is the ability to integrate apps that carry out a wide range of functions, such as sales, CRM, HR, e-commerce, inventory, etc. As a certified Xero Partner, Push Digits Global can help you with Xero implementation, training, and accounting due to our extensive expertise in the platform.
7• Microsoft Dynamics 365:
Microsoft Dynamics AX takes advantage of the well-known Microsoft brand to provide a scalable and simple to operate business management solution for medium to large-scale businesses. Microsoft’s size and software expertise provide an easy to use package with a vast support base.
• Instant Overview of Financial Data
• Easy to Use Platform
• Real-time Synchronization
• Drill-down Data
• Business Insights
• Centralized Server
• Access & Work from Anywhere
• Affordable & Intuitive
• Complying to the UAE Regulations
• FTA Approved
• Tailor-made
• Manage Multiple Locations, Branches, and Companies
• Easy Bank Reconciliation
• Effortless Management of Cheque, PDC, Payments, Receivables, Outstanding, SOA, Credit Limits
• Intelligent & Interactive Alert & Notification System
• Chart of Accounts
• Multi-Level Cost Centres
• Profit & Loss Accounts
• Sub-Ledger / Analytical Accounting
• Multi-Currency Accounting
• Currency /Exchange Rate Revaluation
• Automatic Forex Accounting
• Inter-Company Transactions
• Dynamic Tax Calculation
• Tax Summary
• Export Tax File
• Tax Error Checker
• One-click Tax Return Summary
• Document Import Facilities
• Document Export Facilities
• Cheque Printing
Here are some common questions about Accounting Software Services
NAK Auditing L.L.C boasts a rich feature set, encompassing flexible purchase and sales management, multi-currency support, customizable pricing, VAT compliance, seamless multitasking, and robust transaction handling, including post-dated entries. Additionally, it integrates intelligent automation for efficient management of bills receivable and payable, enhancing productivity and accuracy in financial processes.
Yes, NAK Auditing L.L.C is a comprehensive software designed to facilitate various accounting and inventory functions. It assists in recording financial transactions, managing financial reports, organising and tracking inventories all the while ensuring business efficiency.
We are equipped with every latest software that comes in the field of accounting and finance. We work on some of the best accounting software such as Zoho Books, QuickBooks, Xero, SAP ERP, Sage ERP, Microsoft Dynamics 365, Net Suite, Creative Solutions’ Ultra-Tax and Intuit’s Pro Series, among others. Besides, we also work with many add-ons like Workflow Max, Receipt Bank, Slack, TradeGecko, etc. to extend software capacity and improve the work experience.
Confidentiality and security of our client’s data are our topmost priority. We have strong privacy and security policies in place to safeguard the confidential and sensitive information of our clients at all times. With the help of security tools like Cyberoam firewall, Dual Step Authentications, Limited Internet and User Access we prevent any breach of information and critical data. You can trust us with your confidential data.
When you outsource your accounting and bookkeeping tasks to us, you save on your time, efforts and costs which enables you to drive your energies on more productive tasks for your business. You can rely on us for bookkeeping work while you can focus on running your business and taking it to newer heights.
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