Bookkeeping & Accounting for
IT Companies in the UAE
Accurate, cloud-based bookkeeping built for software and IT services businesses — from subscription revenue recognition to multi-currency payments — keeping you compliant and in control of your numbers.
Who we help
Why bookkeeping matters more for software & IT services businesses
Clean books aren't just a compliance box — they're the foundation of every good decision you make. And for technology businesses, the accounting is genuinely different: recurring revenue, contractors in multiple countries, payments in several currencies, and software costs everywhere. Get the bookkeeping right and your VAT, Corporate Tax and fundraising all become easier.
Subscription revenue, done the right way
If you sell subscriptions, how you recognise that revenue matters. Under IFRS 15, you generally recognise income across the service period rather than all at once when the customer pays. We set your books up so recurring revenue is recorded correctly — keeping your accounts accurate and your tax position clean.
The right cloud accounting setup
We get you onto a modern platform — Xero, Zoho Books or QuickBooks — connected to your bank and payment gateways so data flows in automatically. Less manual entry, fewer errors, and real-time visibility of your finances wherever you are.
Contractors, freelancers and multi-currency
Paying developers and freelancers across borders, in different currencies, is normal for tech — and a common source of messy books. We track contractor payments and handle multi-currency cleanly, so everything reconciles and nothing falls through the cracks.
Numbers you can actually use
Beyond compliance, we give you monthly management accounts and cash-flow reporting — so you know your runway, margins and burn, and can plan with confidence rather than gut feel.
How we work
Set up
We get you onto the right cloud accounting platform and connect your bank, payment gateways and tools so data flows in automatically.
Maintain
We keep your books current every month — categorising transactions, reconciling accounts, and recognising subscription revenue correctly.
Report
You get clear monthly management accounts and cash-flow insight, so you can make decisions on real numbers, not guesses.
Stay ready
Your records stay VAT- and Corporate-Tax-ready all year, so filing season is calm instead of a scramble.
What our bookkeeping service includes
Bookkeeping FAQs
Which accounting software should my tech business use?
For most UAE tech businesses, a cloud platform like Xero, Zoho Books or QuickBooks works best — they handle multi-currency, integrate with payment gateways, and keep you audit-ready. We recommend and set up the right one for your size and stack.
How is SaaS subscription revenue recognised?
Under IFRS 15, subscription revenue is generally recognised over the period the service is delivered — not all upfront when the customer pays. Getting this right matters for accurate accounts, Corporate Tax and investor reporting. We set up your books to handle it properly.
Cash or accrual accounting — which do I need?
It depends on your size and obligations. Accrual accounting gives a truer picture for growing tech businesses and is generally expected for compliance, while cash basis can suit the very smallest. We advise on the right basis for you.
Do I really need monthly management accounts?
If you want to know your runway, margins and cash position, yes. Monthly accounts turn bookkeeping from a compliance chore into a decision-making tool — which is where a specialist adds real value.
Can you handle multiple currencies?
Yes. Tech businesses bill and pay in several currencies, and mishandled FX creates messy books and tax errors. We set up multi-currency accounting so everything reconciles cleanly.
Why not just keep books in Excel myself?
DIY spreadsheets quietly cost founders time, accuracy and missed deductions — and they rarely stand up to an FTA review. Proper cloud bookkeeping is cheaper than the mistakes it prevents.
Disclaimer
The information on this page is general guidance only and does not constitute financial, accounting, tax, or legal advice. Accounting standards and UAE regulations change, and every business situation is different. Please consult a qualified professional — such as Khizr UAE — before making any financial or business decision. Khizr UAE accepts no liability for any loss or damage arising from reliance on the content of this page.
Books you can trust, numbers you can use.
Book a free consultation with Sadik Panjwani, ACA, to get your bookkeeping set up properly for your tech business.
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