Accounting & Bookkeeping

Farahat & Co. offer a full array of accounting and financial reporting services to meet the diverse needs of various types of business. You can benefit from our expertise in all areas of financial planning, accountancy or business development and realise your potential for financial growth. Our services include

  • Financial accounting services
  • General accounting services
  • Accounting system design & implementation
  • Bank statement reconciliation
  • Financial analysis
  • Records management
  • MIS Reports
  • Accounts payable
  • Accounts receivable
  • Cash flow statements
  • Cash disbursements
  • Credit and collection
  • Cash application
  • Payroll
  • Budgeting
  • Financial reporting
  • Asset accounting management
  • Depreciation and amortization schedules
  • General ledgers
  • Ratio analysis

Why Outsource Your Company's Accounting Functions?

  • You will have more freedom to concentrate on your core business or on your life away from work.
  • Outsourcing your accounts department can save you economically and dealing with employees attitudes.
  • Using an outsourcing firm is less expensive and more personable than using a BIG accounting office.

What are the benefits of Outsourcing?

  • Outsourcing can reduce employee related expenses such as salaries, benefits and training as well as help a company better manage employee related issues such as turnover, scheduling, and human resources.
  • Through outsourcing, the provider can help eliminate unnecessary operating costs while reducing and bringing other administrative costs under better control.
  • Outsourcing allows management to focus more time and energy on the company's core business.
  • By outsourcing, a company can have access to advanced technology to support the accounting process with less equipment and training of staff. The outsourcer assumes full responsibility for managing the day-to-day back-office operations.

Outsource your Accounting & Bookkeeping

Now is this time! Farahat & Co. has pleasure in announcing to all their clients, the launching of a new Outsourcing Service for "Accounting & Bookkeeping". By introducing this new service, our aim at Farahat & Co. is to give our clients peace of mind, with a more relaxed approach to all their bookkeeping and accounting requirements. No longer will it be necessary for you to hire a full time or even part-time accountant. By outsourcing your Accounting & Bookkeeping, you will not only minimize your expenses, but you will also have the privilege of using the expertise of our team of professional skilled accountants.

Our experienced accountants will maintain your accounting in such a way, that you will get reports regarding your business accounting when requested.

What are the output reports you will get from "Out-sourcing of Accounting & Bookkeeping”?

  • Monthly Trial Balance
  • Monthly Bank Reconciliation
  • Analytical Sales Report
  • Analytical Purchases Report
  • Accounts Receivable Report
  • Accounts Payable Report
  • Analytical General & Administrative Expenses Report
  • Letter of Credit Report
  • Fixed Assets and Depreciation Report
  • Payroll and Wages Report
  • Profit and Loss Account (Annual)
  • Balance Sheet
  • And Many other reports and output information

Now is the time to Contact Farahat & Co. and sign up for these services!!!

It is so easy, Just contact one of our Sales Consultants, who will guide you through the initial procedures Our fees, which are very competitive, will be based on the volume of transactions / accounting papers

Service Packages
1 In-house Accounting & Bookkeeping
We will handle your accounting and bookkeeping "in-house" (in our office) and we will provide you with monthly and/or any other reports whenever required.

2 At Your Office
We will handle your Accounting & Bookkeeping at your office premises. We will make weekly, monthly and/or quarterly visits to do the work.

3 Year-end Closing
On receipt of your yearly accounting documents our team can finalize the closing of the year-end

4 Customized Bookkeeping
We can customize a bookkeeping/accounting plan or procedure to suit your business needs.
Services
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A Member of
Arab Society of Certified Accountants



A Member of
American Accounting Association



A Member of
British Accounting Association




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