Elucidation Accountants Establishment understands that businesses, especially startups, are sometimes unable to maintain and manage proper accounting records and reports for years, which can be detrimental to the development of the business because proper financial reporting is essential for its growth.  After the implementation of VAT in the United Arab Emirates, all businesses must maintain and administer accurate accounting records to ensure the smooth execution of business processes. Elucidation Accountants assists clients in developing accurate, expeditious, and efficient books of accounts from the date of incorporation of the business, after acquiring the knowledge, information, and supporting documents necessary to prepare the books of accounts for your business. Clients are required to provide supporting documentation for all business transactions, including payment vouchers, sales invoices, payment invoices, receipt vouchers, cheque counterfoils, petty cash expenses, bank statements, and copies of bank transfers. By visiting the company and taking into consideration all pertinent details, documents, and information, we will update the accounting software with the utmost reliability and professionalism. By periodically closing the books of account, including on a monthly and annual basis, we ensure that our clients’ accounting records are maintained in a timely and accurate manner.