Accounting Services
Professional Accounting & Bookkeeping Services in the UAE
Stay compliant, organised and financially informed. OMC keeps the books for startups, SMEs and growing enterprises across the UAE, so the numbers are ready when a bank, an auditor or the Federal Tax Authority asks for them.
OMC Financial Services
Accurate records. Full compliance. Clear insight.
1,400+
Clients
19+
Years
1,000+
Bank accounts
- Accurate records
- VAT compliant
- Real-time reports
- UAE regulations
Service overview
Comprehensive accounting built for UAE businesses
OMC provides accounting and bookkeeping tailored to how businesses actually operate in the UAE. Transactions are recorded properly, reports are produced accurately and compliance obligations are met on time.
Whether you are a startup, an SME or an established enterprise, the work is handled by people who do it every month, so you can spend your time on the business rather than on the ledger.
- Maintain accurate financial records across every transaction
- Meet UAE tax and financial reporting obligations
- See real-time financial insight, not year-end surprises
- Improve transparency and internal control
- Support decisions with data you can rely on
Service scope
A full range of accounting services
Everything a UAE business needs kept in order month to month, from the first entry to the reports your bank and the tax authority read.
01Transaction recordingCore service
Recording every daily transaction is the foundation everything else rests on. Every sale, purchase, payment and receipt is captured and categorised correctly, which is what makes reporting and compliance possible later.
- Daily entry of all financial transactions
- Correct categorisation across account types
- Audit-ready records maintained at all times
- Alignment with UAE accounting standards
02Accounts payable & receivableCash flow
Knowing exactly what you owe and what you are owed is what keeps cash flow predictable. We track both sides of the ledger so nothing is paid late and nothing owed to you is quietly forgotten.
- Supplier invoice recording and ageing
- Customer invoicing and collections tracking
- Payment scheduling and follow-up
- Ageing reports by supplier and customer
03Financial statementsReporting
The statements your bank, your auditor and the Federal Tax Authority will actually ask for, produced from reconciled records rather than assembled under deadline pressure.
- Profit and loss statement
- Balance sheet
- Cash flow statement
- Period-end and year-end closing
04Bank reconciliationAccuracy
Your books and your bank should agree. Regular reconciliation surfaces discrepancies (duplicate entries, unrecorded charges, missing receipts), while they are still easy to resolve.
- Regular reconciliation against bank statements
- Identification of unrecorded or duplicate entries
- Investigation and resolution of variances
- Multi-account and multi-currency handling
05Expense trackingCost control
Every cost captured, categorised and supported by documentation, so your margins are real and deductible expenses are actually claimable when it matters.
- Expense capture and categorisation
- Receipt and supporting-document retention
- Department or project cost allocation
- Budget versus actual visibility
06VAT record managementCompliance
VAT records maintained continuously rather than reconstructed at filing time. When the return is due the data is already there and already correct.
- VAT-compliant invoice and record keeping
- Input and output VAT tracking
- Records maintained to FTA requirements
- Filing-ready data at the close of each period
07Payroll accountingPayroll
Salaries processed and recorded correctly, including WPS-compliant transfers and end-of-service accruals, the areas where an error tends to become a labour dispute.
- Monthly payroll processing and journals
- WPS-compliant salary transfers
- End-of-service accrual and settlement
- Leave and benefits tracking
Our process
Our structured accounting workflow
The same six steps every month, so accuracy does not depend on who happens to be handling your file.
01
Initial assessment
We look at your structure, transaction volume and reporting obligations before quoting anything.
02
System setup
We set up the accounting software, or work inside the system you already run.
03
Data collection
Invoices, receipts and bank statements collected and organised on a fixed monthly rhythm.
04
Bookkeeping & recording
Every transaction recorded and categorised, not batched up and guessed at later.
05
Reconciliation & review
Bank accounts and ledgers reconciled regularly, so errors are found in weeks rather than at year end.
06
Reporting & insight
Monthly reports prepared and shared, with someone available to explain what they mean.
Software & tools
Industry-standard accounting platforms
We work in the packages UAE businesses already use, so moving to us does not mean migrating your history into something nobody else supports.
Cloud accounting
QuickBooks
SME platform
Zoho Books
Online accounting
Xero
ERP solution
Tally
Enterprise systems
Custom ERP
Not sure which platform is right for your business?
We help choose, implement and run the software that fits your operation, your transaction volume and your industry, rather than the one we happen to prefer.
Compliance
Compliance & financial accuracy
Operating in the UAE means meeting several financial regulations at once. Records are maintained to the accounting standards and regulatory frameworks that actually apply to your entity, so an inspection or an audit is a document request rather than a scramble.
Proper financial documentation
Complete, organised records kept as the work happens, not assembled afterwards.
Audit-ready records
Records prepared and organised for both internal and external audit.
VAT documentation readiness
VAT records complete and aligned with Federal Tax Authority requirements.
UAE regulatory alignment
Accounting practice kept in line with UAE regulatory and financial reporting requirements.
Benefits
Why outsource accounting to OMC?
Handing the books to an outside team removes a fixed cost and a recurring risk at the same time.
Cost efficiency
Pay for the work you need instead of carrying an in-house finance function.
Accuracy & expertise
Qualified accountants who see the same UAE edge cases every month.
Time savings
Your team spends its time on the business rather than on reconciliation.
Regulatory compliance
Obligations tracked and met as the rules change, not discovered late.
Financial insight
Regular reporting that supports a decision instead of describing the past.
Questions? We've got answers.
Common questions about bookkeeping, VAT records and what an outsourced accounting engagement actually involves.
Still have a question?
Speak to an OMC accountant directly. We respond within 2 to 4 hours on business days.
How often should bookkeeping be done?
Monthly, as a rule. Recording transactions as they happen keeps your VAT records filing-ready, your bank reconciliations current, and your reporting meaningful. Businesses that leave bookkeeping until the return is due almost always spend more, reconstructing months of records under time pressure is slower, costlier, and where errors creep in.
Will I receive financial reports?
Yes. We prepare and share monthly financial reports, profit and loss, balance sheet, and cash flow, plus period-end and year-end statements. The point isn't just compliance: these are the numbers you use to decide whether to hire, expand, or hold.
Can OMC assist with audit preparation?
Yes. We prepare and organise your financial records for both internal and external audits. Because records are maintained to an audit-ready standard throughout the year rather than tidied up at the end, audit preparation becomes a review rather than a reconstruction.
Which accounting software do you work with?
We work with mainstream platforms including QuickBooks, Zoho Books, Xero, and Tally, and can integrate with a custom ERP where you already have one. If you haven't chosen yet, we'll recommend based on your transaction volume, industry, and reporting needs rather than defaulting everyone to the same tool.
Do you handle payroll as well?
Yes, monthly payroll processing and journals, WPS-compliant salary transfers, end-of-service accruals, and leave and benefits tracking. Payroll errors have a habit of turning into labour disputes, so it's worth recording correctly from the start.
Do I still need bookkeeping if my business is small or pre-revenue?
Yes. Record-keeping obligations don't wait until you're profitable, and Corporate Tax and VAT positions are assessed on your records regardless of size. Starting clean is considerably cheaper than reconstructing a year of transactions later, and it's what a bank will ask to see if you apply for an account or facility.
Do I need outsourced accounting if I already have someone handling my books?
Not necessarily, and we'll tell you if you don't. If your existing person is keeping records to a standard that survives an FTA review and an audit, keep them. Where we usually add value is when bookkeeping is being done alongside someone's real job, when VAT records are reconstructed at filing time rather than maintained, or when nobody is reconciling to the bank. A short review will tell you honestly which situation you're in.
What happens if my existing records have errors?
We find them at the start rather than discovering them mid-year. The initial assessment identifies records that need cleaning, and we address those before beginning regular bookkeeping, there's no point recording new transactions accurately on top of an unreliable foundation. If the cleanup is substantial we'll say so up front, including what it will take, rather than quietly absorbing it and surprising you later.