BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 1 Accounting Services in Dubai A Practical Guide to Accounting, Bookkeeping, Reporting and Tax Compliance for UAE Businesses Professional accounting support can help businesses keep accurate books, maintain financial records, prepare reports, and stay aligned with applicable UAE compliance requirements. For current BCL service details, visit Accounting Services in Dubai. BCL Globiz Accounting • Bookkeeping • Tax Compliance • Financial Reporting Keyword focus: accounting BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 2 Contents • 1. Understanding Accounting Services in Dubai • 2. Why Accounting Matters for Businesses • 3. Core Accounting and Bookkeeping Activities • 4. Monthly Financial Reporting • 5. Backlog Accounting and Catch-Up Work • 6. Accounting, VAT and Corporate Tax Compliance • 7. Choosing an Accounting Service Provider • 8. In-House vs Outsourced Accounting • 9. Accounting Support for Growing Businesses • 10. BCL Globiz Accounting Service Packages • 11. Questions Businesses Should Ask Before Engagement • 12. Final Checklist and BCL Resources About this guide This guide is designed as an educational resource for businesses considering accounting support in Dubai and the wider UAE. It summarizes the accounting-related services and information presented on BCL Globiz's current website. Commercial pricing, package scope and service availability can change, so readers should confirm the latest details directly with BCL. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 3 1. Understanding Accounting Services in Dubai Accounting services cover the processes businesses use to record, organize, reconcile and report financial transactions. For a business operating in Dubai, accounting can also sit alongside VAT, Corporate Tax, audit preparation and other compliance activities. BCL Globiz presents accounting and bookkeeping support for UAE businesses, including monthly accounting and bookkeeping, chart-of-accounts setup, invoicing templates, sales and purchase posting, expense posting, bank and credit-card reconciliation, journal entries, month-end and year-end closing, document management and audit-ready documentation. See the current service page: Accounting Services in Dubai. Accounting vs. bookkeeping Bookkeeping is generally focused on recording and organizing financial transactions. Accounting uses those records to support financial reporting, analysis, reconciliations, closing activities and decision-making. In practice, many businesses use a combined accounting and bookkeeping service so that records are maintained consistently throughout the year. What accounting support can help with • Maintaining regular financial records. • Keeping accounts receivable and accounts payable information organized. • Reconciling bank and credit-card transactions. • Preparing periodic financial reports. • Supporting month-end and year-end closing. • Keeping documentation organized for compliance and audit readiness. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 4 2. Why Accounting Matters for Businesses Accurate accounting gives business owners a clearer view of revenue, expenses, receivables, payables and overall financial performance. Regular accounting also reduces the risk of relying on incomplete or outdated financial information. Better visibility Monthly reports can help management review the financial position of a business and identify areas that require attention. BCL's current accounting service page lists monthly balance sheets, profit and loss statements, accounts receivable reports and accounts payable reports. Better financial control Consistent transaction posting and reconciliation can make it easier to identify missing entries, unusual balances or differences between bank records and accounting records. Better compliance preparation Accounting records are also important when businesses prepare for tax compliance, audit work or other regulatory requirements. The exact obligations depend on the business and its circumstances. A practical monthly accounting cycle • Collect sales, purchase, expense and bank documentation. • Post transactions into the accounting records. • Reconcile bank and credit-card accounts. • Review receivables and payables. • Post required journal entries. • Complete month-end closing activities. • Prepare and review management reports. • Maintain supporting documentation. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 5 3. Core Accounting and Bookkeeping Activities A useful accounting service should have a clear process for recurring financial tasks. BCL currently lists the following accounting and bookkeeping activities in its service packages. Transaction recording • Sales invoice creation and posting. • Purchase bill posting. • Expense bill posting. • Other journal-entry posting. Reconciliations • Bank account reconciliation and posting. • Credit-card reconciliation and posting. • Review of account balances and supporting records. Closing and documentation • Month-end and year-end closing entries. • Document management aligned with the requirements described by BCL. • Annual audit-ready documentation. • Audit file preparation. For the current list of included services, review BCL's Accounting Services in Dubai and Accounting & Tax Compliance Pricing. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 6 4. Monthly Financial Reporting Accounting becomes more useful when financial information is converted into regular reports that management can review. BCL currently lists four monthly reports within its accounting and bookkeeping packages. Report What it helps review Balance Sheet Assets, liabilities and equity at a point in time. Profit & Loss Statement Revenue, expenses and reported profit or loss. Accounts Receivable Report Amounts due from customers and receivable balances. Accounts Payable Report Amounts owed to suppliers and payable balances. The right reporting format depends on the business, industry, accounting system and management requirements. Reports should be reviewed together with the underlying records and relevant business context. From records to decisions A monthly reporting routine can help management move from raw transaction data to a clearer understanding of financial performance. It can also create a consistent basis for discussions with management, accountants, auditors, lenders or other stakeholders. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 7 5. Backlog Accounting and Catch-Up Work Businesses sometimes have accounting records that are incomplete, unreconciled or behind schedule. Backlog accounting focuses on bringing historical records up to date so the business can return to a regular accounting cycle. BCL's current backlog accounting scope • Full-year backlog bookkeeping for the displayed FY 2025 scope. • Bank and credit-card reconciliation. • Corporate Tax computation for 2025. • Corporate Tax Return preparation and filing assistance. The current BCL page describes backlog accounting as a one-time clean-up engagement and states that once books are current, a business can move to ongoing plans. Current scope and pricing should be confirmed on Accounting Services in Dubai. When catch-up accounting may be useful • The business has missed several monthly bookkeeping cycles. • Bank accounts have not been reconciled regularly. • Historical transactions need to be organized before reporting. • A business needs to prepare records for tax filing or audit work. • Management needs a reliable starting point for ongoing accounting. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 8 6. Accounting, VAT and Corporate Tax Compliance Accounting is closely connected with tax compliance because tax calculations and filings depend on financial records and transaction data. The exact requirements vary by business and should be assessed based on the entity's activities and circumstances. Accounting and VAT BCL's current service packages describe VAT advisory, quarterly VAT computation and quarterly VAT return preparation and compliance support within the Grow package. For more information, visit VAT Compliance Services. Accounting and Corporate Tax The BCL accounting page lists Corporate Tax advisory, annual Corporate Tax computation and Corporate Tax return preparation and filing support within its packages. Businesses can review the separate Corporate Tax Services page for additional information. Why the connection matters • Tax calculations need reliable underlying financial information. • Reconciled records make it easier to review transaction completeness. • Regular accounting can reduce the amount of historical clean-up required. • Organized documentation can support tax and audit-related processes. This guide is not a substitute for professional tax advice. Businesses should confirm their specific UAE tax obligations and filing requirements with a qualified adviser. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 9 7. Choosing an Accounting Service Provider When comparing accounting providers in Dubai, businesses should look beyond the monthly fee and understand exactly what is included, how records will be handled, what reports will be delivered and how tax or audit requirements will be supported. Questions to compare • Which accounting and bookkeeping tasks are included? • How often are bank and credit-card accounts reconciled? • Which financial reports are delivered each month? • Is backlog accounting available if historical records are incomplete? • How are VAT and Corporate Tax services handled? • Who will be responsible for the account? • What communication channels are available? • Are audit-ready documents or audit file preparation included? • Are there transaction, revenue or service-scope limits? • What happens if the business grows or its requirements change? Check the scope, not only the headline price Two accounting providers may quote different fees because their packages include different levels of bookkeeping, reporting, tax support, reconciliation, advisory or documentation. A fair comparison should therefore use the complete scope of work. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 10 8. In-House vs Outsourced Accounting Businesses can manage accounting internally, outsource it to an accounting firm, or use a hybrid approach. The appropriate model depends on business size, transaction volume, internal expertise, systems and reporting requirements. Consideration In-house Outsourced Control Direct internal oversight Managed through agreed processes Team requirement Requires internal accounting capacity Uses external accounting resources Scalability Capacity grows with internal team Can scale with provider scope Systems Business manages its own accounting setup Provider may support accounting processes Reporting Built around internal processes Based on agreed reporting deliverables Outsourcing does not remove the business owner's responsibility for providing accurate information and reviewing important financial decisions. A clear document-sharing and approval process is important in either model. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 11 9. Accounting Support for Growing Businesses As a business grows, accounting requirements can become more detailed. More customers, suppliers, employees, transactions and reporting needs can increase the importance of consistent accounting processes. Areas that may need more structure • Chart of accounts and account mapping. • Invoice and purchase documentation. • Receivables and payables monitoring. • Bank and credit-card reconciliations. • Monthly financial reporting. • Tax compliance documentation. • Audit-ready financial records. • Management review and financial planning. Accounting as a management tool Accounting records can support broader business advisory work when management needs financial planning, forecasting, valuation or other analysis. BCL separately provides Business Advisory Services that cover areas such as management reporting, financial planning, financial forecasting and business valuation. The objective is not simply to record transactions. A well-organized accounting process can create reliable information that management can use when reviewing performance and planning next steps. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 12 10. BCL Globiz Accounting Service Packages BCL's current Accounting Services in Dubai page presents prospective monthly packages, a retrospective backlog accounting option and standalone professional services. Option Current displayed scope Essential Accounting and bookkeeping with Corporate Tax compliance support. Grow Accounting and bookkeeping plus Corporate Tax and VAT compliance support. Backlog Accounting One-time historical clean-up for the displayed FY 2025 scope. Standalone Services VAT return filing support, Corporate Tax (SBR), Transfer Pricing and Audit options. For current pricing and inclusions, use Accounting & Tax Compliance Pricing. BCL also provides an online Pricing Calculator. Important pricing note Displayed prices and promotional offers can change. The figures and scope in this document should not be treated as a permanent quotation. Confirm the latest pricing, VAT treatment, eligibility and inclusions directly with BCL before engagement. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 13 11. Questions Businesses Should Ask Before Engagement Before selecting an accounting provider, prepare a short checklist of the business's current needs. • What accounting system or software is currently being used? • How many monthly transactions are expected? • How many bank and credit-card accounts need reconciliation? • Are historical books complete and up to date? • Are VAT registration and VAT return support required? • Are Corporate Tax registration, computation or filing support required? • What monthly reports does management need? • Is audit preparation or audit-ready documentation required? • Who will approve invoices, expenses and journals? • How will documents be shared and stored? • How often should financial reviews take place? Information to prepare for an initial discussion • Company and business activity details. • Current accounting records and chart of accounts. • Recent bank statements and reconciliations. • Sales and purchase records. • Existing VAT and Corporate Tax information, where applicable. • Prior financial statements or audit files, if available. • Any historical bookkeeping backlog. BCL GLOBIZ Accounting Services in Dubai Prepared from publicly available BCL Globiz website information. Page 14 12. Final Checklist and BCL Resources A simple accounting readiness checklist • Transactions are recorded consistently. • Bank and credit-card accounts are reconciled. • Receivables and payables are reviewed. • Monthly financial reports are prepared. • Supporting documents are organized. • Tax-related information is maintained. • Historical accounting backlogs are addressed. • Management reviews financial information regularly. Useful BCL resources • Accounting Services in Dubai • Accounting & Tax Compliance Pricing • BCL Pricing Calculator • VAT Compliance Services • Corporate Tax Services • Business Advisory Services • Contact BCL Globiz About BCL Globiz BCL Globiz provides accounting, bookkeeping, tax compliance and business advisory services for businesses in the UAE. The current accounting service page states that BCL serves businesses across the UAE and lists accounting and bookkeeping, tax compliance, monthly reporting and support as part of its service offering. For the latest service information, visit BCL Globiz or contact the team through Contact BCL Globiz. Source note: This document was prepared using publicly available information on BCL Globiz webpages reviewed on 25 September 2026. Service descriptions, prices, promotional offers and package inclusions may change after publication.