Bank Reconciliation and Valuation
Regular bank reconciliations keep your records accurate and catch errors early. When you need to know what the business is worth, our valuation work supports investment, sale and restructuring decisions.
- MonthlyReconciliation
- DCF, multiples, net assetsValuation methods
- Deals, exits, restructuringUsed for
How it works in the UAE
A reconciliation matches every line on the bank statement to the books. It is how duplicate payments, missing receipts and unrecorded charges are found, and it is the first thing an auditor or the FTA checks.
Valuation answers a different question: what is the business, a share or an asset worth? We prepare valuations for share transfers, partner exits, investment rounds, group restructuring and impairment testing, using methods suited to the purpose.
What the service includes
Bank and card reconciliations
Every account reconciled monthly with exceptions listed.
Payment gateway reconciliation
Stripe, PayPal, Tabby and similar settlements matched to sales.
Intercompany reconciliation
Balances between group companies agreed.
Business valuation
Valuation reports for transactions and planning.
Share valuation
Fair value for share transfers and partner changes.
Impairment support
Testing of goodwill and assets for financial statements.
Who it is for
- Businesses with high transaction volumes
- Companies with several bank accounts or currencies
- Owners planning a sale or investment
- Partners agreeing an exit price
How we work with you
Access
We receive statements or bank feed access.
Match
Transactions are matched and differences listed.
Resolve
We clear exceptions with you.
Report
Reconciliations or valuation report delivered.
Documents we usually need
- Bank and card statements
- Accounting system access
- Payment gateway reports
- For valuation: financial statements, forecasts and ownership details
We confirm the exact list after a short review, as requirements vary by authority and case.
Record keeping rules and penalties
| Rule | Detail |
|---|---|
| Corporate tax records | Keep for at least 7 years after the end of the tax period. |
| VAT records | Keep for at least 5 years after the end of the tax period (longer for real estate). |
| Failure to keep records (corporate tax) | AED 10,000 for each violation, AED 20,000 for a repeat within 24 months. |
| Failure to keep records (VAT) | AED 10,000, rising to AED 20,000 for a repeat within 24 months. |
| Records not provided in Arabic on request | AED 5,000. |
| IFRS for SMEs | Allowed where revenue is below AED 50 million. |
Sources: Federal Decree Law No. 47 of 2022, Art. 56; Cabinet Decision No. 75 of 2023; Cabinet Decision No. 129 of 2025; Ministerial Decision No. 114 of 2023. Checked November 2026. Rules change, so we confirm the position for your case.
Questions we hear often
Why reconcile monthly rather than yearly?
Errors are easier to trace while they are fresh, and VAT returns rely on accurate monthly figures.
When do I need a business valuation?
For share sales and transfers, new investors, partner exits, restructuring, disputes and some accounting entries.
Which valuation method do you use?
It depends on the purpose and business: discounted cash flow, market multiples or net assets, often cross checked against each other.
Can reconciliations be done in my system?
Yes. We work inside your accounting software so the history stays with you.
Related services
Get a fixed quote for bank reconciliation and valuation
Tell us a little about your business. We will reply within one business day with what is needed, the timeline and a fixed fee.
- Straight answers from qualified accountants and tax agents
- Fixed fees agreed before we start
- Office in Al Fahidi, Dubai, and support across the UAE
An adviser will be in touch shortly. For anything urgent, message us on WhatsApp or call +971 56 505 9557.