Bookkeeping involves the process of keeping the records of financial transaction and other information of a business or company on a day to day basis. The importance of bookke
eping is to keep an accurate record of all transactions related to a business. Accuracy is the major part of bookkeeping. Bookkeeping is carried out to provide the required information to create accounts statements.
Accounting is the process of interpreting, summarizing and communication of financial transactions held in a business or company which are classified in a ledger. By using accounting statements management can take crucial business decisions. In accounting financial statement are prepared during the accounting process, and the accounting requires a special skill set to analyze the critical data. Accounting specialists use the bookkeeping data to create financial statements on the accounting process time, and with these curated financial data accountants or auditors in Abu Dhabi can create companies budget plan.
Pivot International Accounting Solutions, one of the leading Audit firms in Abu Dhabi provides cost effective and efficient accounting and bookkeeping services in Abu Dhabi as well as accounting and bookkeeping services in Dubai with our team of professional accounting specialists. Also as a leading audit firms in UAE Pivot offers small business the best in class Payroll Processing Management Services in UAE and VAT registration in Abu Dhabi. Contact our specialists today for all accounting related queries.