Gennex Accounting and Bookkeeping

Gennex Accounting and Bookkeeping is an accounting practice in Dubai that runs clients' accounts remotely, so businesses do not need a full in-house finance team or office space for it. It serves organisations across the United Arab Emirates, and its staff include chartered accountants.

Services

• Bookkeeping: setting up the chart of accounts, matching payments and receipts to invoices, and reconciling them with bank and credit card statements.
• Management reporting: monthly accounts and management reports that show how the business is performing.
• Payroll: processing salaries through the UAE WPS scheme and calculating gratuity provisions under UAE labour law.
• Audit preparation: year-end audit schedules and supporting reports.
• Accounts supervision: overseeing a client's existing accounts team.
• VAT consultancy: VAT advice alongside outsourced bookkeeping.

Who it works with

Gennex works with small, medium and large enterprises throughout the UAE that want their accounting run to local rules.

Key facts

• Based in: Dubai, United Arab Emirates
• Coverage: the whole of the UAE
• Team: includes chartered accountants