Stress-free Annual Closing & Year-End Financial Support for UAE Businesses
Comprehensive annual closing services to prepare accurate, compliant year-end financials, resolve open items, and hand over audit-ready books for businesses in Dubai, Ajman and across the UAE.
Overview
AL SAHRAA provides end-to-end annual closing support tailored to UAE regulatory and business requirements. We reconcile accounts, finalize adjustments, and prepare statements so your books reflect the full financial year accurately. Our team coordinates with your accounting system—Zoho Books, QuickBooks, Xero or Tally—ensures opening and closing balances are correct, and resolves backlog items or inconsistencies before year end. We prepare schedules and reports commonly required by auditors and regulatory authorities. We deliver a clear handover with documented adjustments, reconciliations and checklists to support audits, corporate filings, and management reviews. Services are scoped to your business size and complexity, with transparent timelines and deliverables. Work can be provided remotely or on-site in Dubai and Ajman, and can be integrated with ongoing bookkeeping or one-off cleanup projects to ensure continuity and compliance.
What to prepare
- Chart of accounts and accounting policies
- Trial balance and general ledger for the financial year
- Bank statements for the year and cutoff period
- Aged receivables and payables ledgers
- Inventory listings or valuation reports (if applicable)
- Fixed asset register and depreciation schedules
- Previous year financial statements and audit reports (if available)
How the process works
- Initial discovery and review of accounting records and systems
- Reconcile bank, receivables, payables, inventory and intercompany balances
- Post necessary year-end adjusting journal entries and finalize trial balance
- Prepare financial statements, schedules and supporting documentation for audit or filings
- Handover package with reconciliations, adjustment log and recommendations
Why clients choose AL SAHRAA
- Admin-reviewed quotations before you proceed.
- Document coordination and progress tracking in one portal.
- Support for business, compliance, visa, insurance, and IT-related requests.
- Clear request history, updates, and delivery follow-up.
Frequently asked questions
What does annual closing support include?
We perform reconciliations, post year-end adjustments, prepare financial statements and supporting schedules, and deliver an audit-ready handover package.
How long does the annual close typically take?
Duration depends on record quality and company size; typical projects range from a few days for small clean files to several weeks for complex or backlog situations.
Can you work with our accounting software?
Yes. We support Zoho Books, QuickBooks, Xero and Tally and can migrate or align data as part of the close.
Do you prepare reports required for UAE statutory filing or audits?
Yes. We prepare financial statements and supporting schedules commonly required for auditors and statutory filings; final submission or liaison with authorities can be arranged if requested.
How do you handle discrepancies found during closing?
We document discrepancies, propose adjusting entries, and discuss required corrections with your team before posting, providing clear notes for audit trails.