ACCOUNTING SOFTWARE

AL NAJM AL MAWSUQ ACCOUNTING SERVICES LLC Al Najm Al Mawsuq Accounting Services LLC is established for providing world class accounting services. With past experience of Professionalism in high level Accounting and Auditing Processes, our qualified accountants can provide Services at various levels in Industries, MNC's, trading organization, retail group and many more. We are committed to provide professional services in highly organized and professional manner keeping into account the confidentiality of our clients business. We have Expertise and Hands on Practice in Accounting & ERP Software Solutions like J.D. Edward, ORACLE, Maximo, Sage 50, QuickBooks, Tally and many more. From past a Decade, we are actively involved in providing following Services: • Budgeting and Forecasting - The processes are critical for helping finance management understand where they are today, plan for where they want to be tomorrow and understand what steps are needed to be taken to ensure the organization is able to stay on course. It is a three steps process which includes: Planning - outlines the company's financial direction and expectations for the next three to five years. Budgeting - documents how the overall plan will be executed month to month, specifying expenditures. Forecasting - uses accumulated historical data to predict financial outcomes for future months or years. • Cash Flow Management - The process of monitoring, analyzing, and adjusting your business's cash flows. Many of the Business fail due to poor management of cash flow. If your business constantly spends more than it earns, as caused by gap between cash inflows and outflows. Firstly, we perform a Cash Flow Analysis on a daily basis or Predicting cash flows. Secondly, we develop and use strategies that will maintain an adequate cash flow in your business and managing financial risks. Also, providing proper Reports through Accounting Software to make it easy for Cash Flow Analysis. • Feasibility Studies – A good Feasibility Study contributes 50% to your Business success. Before you begin writing your business plan you need to identify how, where, and to whom you intend to sell a service or product. You also need to assess your competition and figure out how much money you need to start your business and keep it running until it is established. Feasibility studies address things like where and how the business will operate. They provide in-depth details about the business to determine if and how it can succeed, and serve as a valuable tool for developing a winning business plan. • Business Analysis – Having Experience of Business Analyses in different industries like Retail, Manufacturing, Construction, Services etc. can easily provide: 1. Understanding and documenting business needs and requirements 2. Review, analysis and definition of business processes and workflows 3. Business Systems, Data and Functional Analysis 4. Identify and analyze solutions to meet business objectives 5. Recommendation of process architectures and designs 6. Package evaluation and selection 7. Assistance in the design, development and deployment process 8. Acceptance test, strategy, planning and implementation. • Policy and Procedures Review & Design – We provide a well-written business policies and procedures allow employees to clearly understand their roles and responsibilities within predefined limits. Basically, policies and procedures allow management to guide operations without constant management intervention. • Internal Auditing – Internal Audit is more important and critical. Done right, it’s also a catalyst for creating value for your business. We provide audit services for a wide range of businesses. We listen to your concerns, focus on risk and make sure all issues are dealt promptly and effectively. This approach ensures that we can maintain a cost effective and competitive pricing structure for audit and assurance services. Our Methodology / Audit Approach or Plan describes Assessment of overall risk, internal control & risk at the audit assertion level, Quality and quantity of audit evidence derived at Analytical Procedures. • Setup "Chart of Accounts" - It is important for any Expanding Business to have a Chart of Accounts set in way that cater business requirements, providing proper MIS reports with minimum manual work. By keeping future growth and expansion needs of business in mind, our Professionals having experience in various Business Industries, will set-up proper Chart of Accounts keeping all these factors into consideration. The chart of accounts list of categories may include assets, liabilities, owners’ equity, revenues, cost of goods sold, operating expenses, and other relevant accounts. Your chart of accounts is an accounting system, designed specifically for your company that helps you track and report your income and expenses. Our Professional has a Vast Experience to understand how to properly set up your own chart of accounts to best serve your business needs. • Data Migration from Old Version to New Version or From Different Accounting Systems – Migrating data is one of the most mysterious parts of switching systems which tends to transfer data with a couple quick commands, in one try, with no headaches. Accurate data migration is essential to the success of your system integration. NMA has the perfect Tools/ Resources and expertise for a list of accounting software which involves completing all of the Data Migration tasks such as Conduct a requirements analysis, Structure the system, Export the data, Perform data mapping, Import data and Reconcile data. • Accounting Software Consultancy & Implementation – It is important that accounting software is configured by trained professionals that understand what financial information business owners need to successfully manage their business. Our professionals can help you select the right software, configure it, provide training and fully implement your accounting software. We have a vast Experience with Sage, QuickBooks and Tally Accounting Software. We work on Strategic Implementation Steps: 1. Implementation planning 2. Software installation 3. Accounting system configuration 4. System training • Bookkeeping and Accounting – Involved a list of Tasks performed by our professional accountants: 1. Maintaining Accounts Payable and Accounts Receivables 2. Maintain inventory records. 3. Perform personal bookkeeping services. 4. Prepare purchase orders and expense reports. 5. Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes. We Expertise in following ERP & Accounting Software: • J.D. Edward • ORACLE • Maximo • Data wright • Sage • QuickBooks • Tally ERP 9.0 • Orion • Focus Our Experience: Have a Vast Experience in Retail groups, Oil and Gas Industry, Multifunction Company, Accounting, Auditing and Taxation firms. Our Client Groups: Industries specific of Construction, Interior Design, Hardware Business House, Industry and Business units. Get Start to Explore your Business with our Accounting Experts Services! Contact us at: Al Najm Al Mawsuq Accounting Services LLC PO Box 34517, Bur Dubai, Dubai – UAE Mobile – 055-1598152 / 050-3515421 Email – najmmawsuqacct@gmail.com Shabbir@najmmawsuqacct.com / Hussain@najmmawsuqacct.com Website - http://www.najmmawsuqacct.com