This document summarizes accounting services for startups offered by Xcel Accounting. They provide Xero implementation and setup for AED 1950, as well as quarterly accounting and VAT filing assistance for AED 8000 per year. Their services help new businesses stay compliant with regulations through tasks like recording transactions, reconciling bank accounts, and providing quarterly financial reports. They aim to save clients time and money while reducing business risks through an experienced accounting team.

1. Accountants for Start-Ups

2. Did you know that maintaining your books is
mandatory even for freelancers?
• Fines for not maintaining records:
• Dh10,000 in the first instance and
• Dh50,000 in case of repetition.
This is applicable even for businesses not
reaching VAT thresholds.
VATThresholds:
Mandatory :$100,000 (Aed.375,000)
Voluntary :$50,000 (Aed.187,500)

4. Target Market
• New Business Owners
• Solo-preneurs
• Freelancers
• E-Commerce Businesses

5. • Compliance
• Save Time
• Save Money
• Peace of Mind
What are they looking to achieve?

6. Affordable Accounting Support from
Big 4 experienced Team
You control the business rather than the business control you.
1. Better Profitability,
2. Identify New Opportunities forGrowth,
3. Free up Time through efficiencies &automation,
4. Moretime for Business Development activities,
5. Reduce Business Risks via Expertperspective,
6. Empower DecisionMaking,
7. Financial Freedom

7. Xcel Accounting offers
these special services for Startups
1.Xero Implementation & Set-Up
2.Quarterly Accounting & VAT Filing
Assistance

8. This would entail the following:
• Understanding the business model
• Developing the financial model
• Configuring Xero – chartof
accounts, format, etc.
• Training on invoicing in Xero
XERO Set-Up

9. An accounting system is only as good as the
information you put into it.
Our accounting includes:
1. Recording and classifying all transactions
from your bank accounts,
2. Making any necessary month end close
adjustments,
3. Reconciling your bank accounts, and
4. Providing you financial reports each
quarter.
Everything you need to be compliant done
right.
Quarterly
Accounting &
VAT Filing

10. Pricing
Special Summer Offer:Aed. 1950forSet-Up
All Inclusive – Set-Up +QuarterlyAccounting – Aed. 8000
(One TimePayment)

11. We are flexible, you can choose one or all of our services based
Happy to have a call...
Calendly link for Discovery Call
https://xcelaccounting.info/DiscoveryCall
Reach Us At:
https://www.facebook.com/XcelAccounting
https://www.linkedin.com/company/1481041/admin/
https://twitter.com/XcelAccounting
https://www.instagram.com/xcelaccounting