Our Accounting & Bookkeeping

Cloud-Based Accounting & Bookkeeping Services

Accurate books, clear monthly reporting, and compliance-ready processes—built for GCC businesses operating across Kuwait, KSA, UAE, Bahrain, Oman and Qatar.

Running a business in the GCC means staying organized across invoices, payroll, reconciliations, and country-specific tax requirements. Precision Consultancy helps SMBs turn messy accounts into clean, decision-ready financials using cloud tools like QuickBooks (and other leading platforms). Whether you operate in one country or across multiple GCC markets, we build a setup that supports multi-currency, consistent reporting, and audit-ready documentation.

Free Consultation

Why Choose Us

Expertise That Drives Results

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Smart Financial Insights

Actionable monthly guidance to grow profit, cut costs, and improve cash flow.

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GCC Compliance

Audit-ready books for Kuwait, KSA, UAE & the GCC — VAT-ready workflows, KSA e-invoicing support, and UAE corporate tax readiness.

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Clear Reporting

Simple, jargon-free statements and dashboards showing where money comes from and goes.

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Investor-Ready Documents

Professional financials for banks, investors, and potential buyers.

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Year-Round Support

An on-call accountant to keep your finances running smoothly.

Accounting & Bookkeeping Consulting Journey

We guide SMBs across Kuwait, KSA, UAE and the GCC through a clear, structured process — from assessment to ongoing support.

Financial Analysis – Review of current financial health, performance, and monthly close process.

Market & Regulation Check – Ensuring workflows match local requirements (VAT, invoicing rules, documentation, and audit trails) across Kuwait, KSA, UAE & the GCC.

Risk Management – Identifying financial and operational risks, control gaps, and mitigation options.

Custom Solutions – Designing tailored accounting and bookkeeping processes, systems setup, and chart of accounts.

Actionable Advice – Clear recommendations and a practical plan for immediate implementation and growth.

Ongoing Support – Year-round assistance, monthly reporting, and continuous improvements to keep finance operations running smoothly.

Free Consultation

Accounting & Bookkeeping Roadmap

A simple, five-step journey to clean books and confident decisions across Kuwait, KSA, UAE & the GCC.

Setup
System configuration & chart of accounts

Recording
Daily transactions & entries

Reconciliation
Bank, POS & statement matching

Reporting
Monthly P&L, cash flow & balance sheet

Compliance & Advisory
VAT support, audit readiness & country-specific guidance across the GCC

Free Consultation

Bookkeeping & Accounting FAQs – GCC

Bookkeeping & Accounting – FAQs

Common questions from businesses across Kuwait, KSA, UAE and the GCC about outsourced bookkeeping and accounting services.

Q1 Why is bookkeeping important for my business in the GCC? ▶

Bookkeeping keeps your financial records accurate and organized, supports compliance with local requirements (such as VAT where applicable), and gives you clear visibility on profit, costs, and cash flow so you can make confident business decisions.

Q2 Can I outsource accounting services instead of hiring in-house? ▶

Yes. Outsourcing gives you experienced professionals without the cost of a full in-house team. You get expert support, predictable fees, and books that are always audit-ready and compliant.

Q3 Do you support VAT and country-specific compliance across the GCC? ▶

Yes. We structure your bookkeeping to support VAT workflows where applicable and maintain proper documentation and audit trails. For multi-country operations, we can set up reporting by branch/country to keep compliance and management reporting clear.

Q4 What reports will I receive from an accounting service? ▶

You typically receive core financial reports such as profit & loss statements, cash flow statements, and balance sheets. We can also provide tailored dashboards and management reports for margins, cash, and performance by branch or country.

Q5 Which accounting software is best for GCC businesses? ▶

For many small and mid-sized GCC businesses, QuickBooks is a strong choice because it’s cloud-based, supports multi-currency, and can be configured for VAT workflows. Depending on your sector and needs, Xero or Zoho Books may also be suitable.

Q6 Do you support businesses operating in more than one GCC country? ▶

Yes. We can structure your chart of accounts and reporting to produce clean financials by branch/country and consolidated group views, so owners can track performance consistently across locations.