Monthly Accounting Packages
Running a business today is already challenging enough. Amidst the competition and market exposure, the company’s will have to deal with the complex accounting, compliance deadlines and ever-changing regulations. That is where BCL Globiz steps in.
Our accounting packages are designed to be practical, reliable and affordable so that the medium and small-scale businesses could worry less about these technical areas and focus on critical business areas.
Our Accounting Packages Tiers
We offer two comprehensive packages, allowing businesses to choose the one that best suits their outsourcing and compliance needs- Essential and Grow.
All about package “Essential”:
How much does it cost?
- This package is priced at AED 5,250 per year inclusive of VAT.
- You can also choose a monthly plan at AED 525 per month inclusive of VAT.
What does this include?
Accounting and bookkeeping services (end to end coverage):
- Monthly accounting and bookkeeping
- Setup of a structured Chart of Accounts
- Setup of professional invoicing templates
- Backlog accounting (to bring books up to date)
- Sales invoice creation and posting
- Purchase bill posting
- Expense bill posting
- Bank reconciliation and posting
- Credit card reconciliation and posting
- Posting of other journal entries affecting the business
- Month-end and year-end closing entries and reconciliations
- Complete document management in line with FTA guidelines
Monthly and annual reporting system (clear visibility on performance):
- Monthly Balance sheet
- Monthly Profit and loss statement
- Monthly Accounts receivable report
- Monthly Accounts payable report
- Annual Financial Statements as per IFRS
- Annual audit ready documentation
Corporate tax related services (built in compliance support)
- Corporate tax registration
- Ongoing advisory on corporate tax mattersAnnual CT computation
- Annual CT returns submission
How will the Support be?
- A dedicated team will be assigned
- Support available via email, virtual calls, in-person meetings and whatsapp messages on all working days
- Monthly review meetings to discuss reports and any other points
What is excluded in this package?
VAT related services are excluded from this package. The services includes-
- VAT registration
- Regular advisory on VAT related matters
- Quarterly VAT computation
- Quarterly VAT returns submission
What should I do if I have a VAT-related compliance?
- That is when our package “Grow” supports your business with complete VAT compliance coverage.
All about package “Grow”:
How much does it cost?
- This package is priced at AED 7,875 per year inclusive of VAT.
- You can also choose a monthly plan at AED 787 per month inclusive of VAT.
Will I get all the benefits of package Essential?
Yes. All inclusions of package Essential are fully included in package Grow.
What more will I get if I subscribe to package Grow?
VAT compliance is an additional benefit under package Grow. This includes:
- VAT registration
- Regular advisory on VAT related matters
- Quarterly VAT computation
- Quarterly VAT returns submission
Is the software cost included in the packages?
The default pricing includes the cost of accounting software when Tally is opted for, as well as when using the Zoho Books Free Plan. If you choose Zoho Books and your operations involve multi-currency invoicing or require detailed vendor tracking, we recommend upgrading to the Zoho Books Professional Plan.
We are known in the industry for our transparent pricing, clear communication, and quick response times. If our packages align with your business needs, we’d be happy to help. Please feel free to get in touch with our experts at info@bcl.ae.
