KAIAAN ACCOUNTING & BOOKKEEPING L.L.C
Kaiaan Accounting
Kaiaan Accounting, based in Dubai, is a financial consultancy specializing in outsourced accounting, VAT, excise tax, and CFO services for UAE businesses. Leveraging Odoo in their accounting operations, the firm sought to streamline financial workflows, ensure compliance with UAE regulations, and improve real-time visibility across their clients’ finances.
Enhancements with Odoo
* Automated Invoicing & Bank Reconciliation:
Seamless creation of invoices linked directly to client engagements and automated reconciliation of bank statements—reducing manual effort and errors.
* Full UAE Fiscal Compliance:
Incorporated Odoo’s UAE localization (chart of accounts, 5% VAT, reverse-charge VAT, FTA filings) to meet regulatory standards .
* Multi Currency & Tax Management:
Handles multi-currency accounting, excise and VAT calculations, including excise-tax health checks and advisory services .
* Real Time Reporting & Dashboards:
Live financial dashboards for tracking cash flow, outstanding receivables, tax liabilities, and compliance ratios.
* Integrated Payroll & CFO Services:
Payroll processes and CFO-grade reporting directly from Odoo, offering deeper insight into workforce costs and financial planning
Results After Implementation
* Compliance & Accuracy
Fully compliant with UAE tax laws (VAT, corporate/excise tax), significantly reducing audit risk.
* Operational Efficiency
Automated tasks cut accounting workload considerably, freeing up time for analysis and advisory work.
* Enhanced Visibility
Clients gain on-demand access to financial health metrics—cash position, liabilities, expense trends.
* Scalable, Centralized Model
A unified system now supports multiple clients under one platform, enabling standardized service delivery and reporting.
With Odoo and Kaiaan’s financial expertise, UAE businesses can enjoy streamlined, compliant, and insightful accounting processes—all within a single, integrated solution.