ABOUT

Welcome to UTOPIA

Who we are and What we do

We are business partner who are ready to share their Education, Experience and relationships in the market to be all fully utilized to deliver a professional Accounting, Bookkeeping and Financial services and solutions to our customers. For companies that update their books on a real time basis, we offer real-time bookkeeping and accounting services to enable them to assess their business performance. Our team functions as virtual accounting experts for various companies. We offer end to end accounting and bookkeeping outsourcing solutions as per the requirements of various customers from record to report, quote to order, order to cash, and procure to pay. We are a team of complete professionals who aim to regularly develop and improve their skills and knowledge. We provide specialized services in Accounts and Finance outsourcing, Accounting Standards, IFRS, regulations relating to the power sector, Direct Taxation, Accountancy and Audit. We specialize in various applications such as Sage, Odoo, Wave App, Netsuite, MYOB, Quickbooks Desktop, Intuit Quickbooks Online and Xero.

 

Work Methodology

Working remotely

Using secure virtual technology like VPN/RDP/Teamviewer, Netsonic, etc, we log in to your system and thus complete all the work on it.

It simply requires you to provide your login details and supporting accounting information via our secured mailing system. Then we complete the work and save it on the cloud

  • We have designed a checklist of documents that we need from the client’s end for bookkeeping.
  • Client needs to follow the checklist and provide the required documents like Purchase Bills, Expense-Bills, Bank statements, etc.

 The documents are entered into accounting software of your choice (Xero, Quickbooks, MYOB, Saasu, Wave apps, etc.)or any such accounting platform. We then store the scanned copy of the source document along with the transaction to make it easily accessible in accounting software or on related add-ons. All the entries would be cross-checked and reviewed with the source documents (i.e. Purchase Invoice/Scanned Bills etc against the Purchase/Expense transaction, respectively). Benefit: This will leave an audit trail for every transaction for future use.

  • Management reporting: We will provide monthly management reports in order to appreciate our client’s business performance. We also have an option of standard Service Level Agreement with the client to understand exactly what their reporting needs are.
  • Payables / Receivable Reporting: We report the entities daily who wish to have their books updated regularly.
  • Indirect Tax returns: We stay committed to sending you the report two weeks in advance for you to review. We also assist you with your VAT, and Sales Tax

 Year-end financials are reviewed and finalized for return preparations.

Happy Clients & Feedbacks

Our Services

Bookkeeping services

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Receivables Management

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Payable Solutions and management

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Payroll Management

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Grow your Business

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Cash Cycle & working capital needs – credit line-

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Running Business Smartly (Moving to Digital)

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Projected Cash Flow, Forecast and risk mitigation

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Financial Reporting

Monthly Reporting...


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Contact Us

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Address: Bay Square B13, Office 401 Business Buy, Dubai,

Accounting & Bookkeeping L.L.C.