Accounting and Bookkeeping
From recording daily financial transactions to preparing financial reports, we provide comprehensive and accurate reports, offering the insights you need to make informed decisions.
At KHCPA, we look beyond the numbers…
Your financial data is not just numbers; we transform it into a story that opens new horizons for your business.
We believe that accounting is the backbone of every entity, regardless of its type or size. Having accurate accounting data that can be referenced at any time is fundamental to successful business management.
Our Message to Entrepreneurs
We advise every ambitious entrepreneur to prioritize accounting when starting a business. Managing financial affairs with professional assistance is manageable. The foundation of successful management lies in having easy access to financial data at all times. At KHCPA, we are committed to providing accurate and timely financial information, allowing you to focus on what you do best.
Complying with commercial bookkeeping and Value-Added Tax (VAT) regulations is not just a legal obligation, but a fundamental pillar for maintaining and ensuring the continuity of your business
We take care of all your accountancy needs
What are Accounting & Bookkeeping accounting Services?
Our qualified accounting team records and monitors financial transactions, from purchases to verifying and reviewing the integrity and accuracy of documents. They provide you with financial reports that show the business results, whether profit or loss, and a statement of the organization's financial position.
Our professional team provides the following accounting services
Setting up and establishing the chart of accounts (Accounts Manual).
Recording and entering the financial transactions and reflecting them in the accounting records.
Maintaining detailed records of customer and supplier accounts.
Recording expenses and revenues and determining the profitability status of the entity.
Detailed reports on cash Advances.
Auditing the financial integrity of expense documents.
Determining the entity's financial position (Preparing the Balance Sheet).
Preparing and submitting VAT returns.
Every number has a story
Every number has a story, and every story has a beginning. Start the chapter of your success with us.
What Sets Us Apart at KHCPA
Our Professional Team
Our accounting team is exceptionally qualified, combining deep knowledge and years of experience in providing bookkeeping and accounting services to ensure quality and professionalism.
Experience with Global Standards
We integrate our expertise with International Financial Reporting Standards (IFRS) into our accounting services, ensuring accurate reports that comply with IFRS for our clients.
Tailored Solutions for You:
We design our accounting packages to meet your business's unique needs, ensuring you receive the appropriate support and the highest efficiency level in bookkeeping, bookkeeping and tax services, and accounting records.
Advanced Financial Technology:
We use the latest accounting software and advanced technology to provide accurate and timely financial information, which significantly aids in making sound decisions and facilitates issuing financial and tax reports in seconds.
What are the Benefits of Accounting & bookkeeping tax services?
Budgeting and Planning:
Historical accounting data helps you forecast future financial needs, plan for expansions, and manage cash flow efficiently.
Regulatory Compliance:
Maintaining accurate accounting records and documents ensures compliance with regulations, laws, and tax systems (VAT, income tax, Zakat regulations).
Tax Preparation:
With organized financial records, tax preparation and submission become much easier, ensuring that the entity can benefit from allowable tax deductions and legally refund paid taxes.
Tracking Financial Performance:
Tracking financial performance helps identify trends, measure growth, and make appropriate future and strategic decisions.
Decision Making:
Financial reports provide a solid foundation for making informed business decisions.
Financial Statements:
Financial statements are important and beneficial for an entity when filed with the Ministry of Commerce, submitted as part of tax returns to the Zakat, Tax, and Customs Authority, or presented to a certified public accountant, banks, and finance companies.
Peace of Mind:
Knowing that the entity's financial aspects are well-documented and organized can provide business owners with peace of mind, allowing them to focus on their core business.
In short, accounting is the backbone of the entity’s financial system. It is essential for obtaining accurate financial records, ensuring legal compliance, making informed decisions, and contributing to the business’s overall success and sustainability.
