Streamline Financial Process

Accounting and Finance

Our finance solutions deliver the control, clarity, and sustainability you need.

At Level Up Arab, we understand that managing money in a business is not always easy. That’s why we offer simple, clear, and reliable accounting and finance services for businesses in Saudi Arabia and across the Arab world. Whether you are just starting or have been in business for years, our team is ready to help you make the right financial decisions.

In this article, you will learn about the different accounting services we provide and how each one can help your business grow. Let’s explore each service in a way that is easy to understand and useful for everyone.

Preparing Financial Statements

One of the most important parts of accounting is preparing financial statements. These are reports that show how your business is doing with money. At Level Up Arab, we prepare:

Income Statement – This shows how much money your business earned and spent over a certain period. It helps you see if your business made a profit or a loss.
Balance Sheet – This shows what your business owns (assets) and what it owes (liabilities) at a certain point in time.
Cash Flow Statement – This shows how money moves in and out of your business. It helps you know if you have enough cash to keep going.

These reports are important because they help you and others, like banks and investors, understand your business better.

Accounts Receivable and Accounts Payable Management

Keeping track of who owes you money and who you owe money to is key for any business.

Accounts Receivable – This means the money that your customers owe you. We help you track payments, send reminders, and manage invoices. That way, you don’t miss out on any payments.
Accounts Payable – This means the money you owe to suppliers or vendors. We make sure your bills are paid on time so you can keep a good relationship with your partners and avoid late fees.

With our support, you can manage cash better and avoid financial problems.

Fixed Asset Management and Depreciation Schedules

Businesses often have fixed assets like buildings, cars, or machines. These things lose value over time. This is called depreciation.

We help you:

Track all your assets
Create proper depreciation schedules.
Make sure your records are updated.

Why is this important? Because it affects your taxes and your financial statements. With our help, your asset records will always be correct and up to date.

Bank Reconciliations

Sometimes, the balance in your company’s bank account doesn’t match the records in your accounting books. That’s normal. But it must be fixed.

Our team does bank reconciliations by:

Comparing your bank statements with your records
Finding and fixing any differences
Making sure everything adds up

This is important because it keeps your financial records correct and helps prevent fraud or errors.

Financial Analysis and Reporting

It’s not just about collecting numbers. It’s about understanding them.

With our financial analysis services, we:

Study your financial data
Prepare reports that show trends, profits, losses, and risks.
Help you make smart business decisions.

We make our reports easy to understand, even if you’re not a finance expert. Our goal is to give you a clear picture of how your business is doing and where you can improve.

Budgeting and Forecasting

Planning for the future is key to success. We help you with:

Budgeting – Making a plan for how you will spend and save your money
Forecasting – Estimating future income and expenses

With proper budgeting and forecasting, you can avoid surprises and prepare for growth. We use past data and future goals to help create a plan that works for your business.

Ensuring Compliance with IFRS or Saudi GAAP (SOCPA Standards)

Following the rules is a must in business. Financial reporting rules help make sure your business is honest and trusted.

At Level Up Arab, we ensure your financial records follow:

International Financial Reporting Standards (IFRS) – These are rules used in many countries worldwide.
Saudi GAAP (SOCPA Standards) – These are local accounting standards used in Saudi Arabia.

We make sure your books are always right, legal, and ready for any checks.

Support During External Audits

An external audit is when an independent expert checks your financial records. It can be stressful, but we make it easy.

We provide full support during audits by:

Preparing your records in advance
Working with auditors
Answering questions and fixing problems

This saves you time and stress while keeping your business in good standing.

Assistance in Internal Control Setup and Improvement

Every business needs strong internal systems to manage money and avoid fraud. These systems are called internal controls.

We help set up or improve your controls by:

Creating simple procedures for handling money and approvals
Reducing risks and errors
Making your business more secure and efficient

Good internal controls protect your money and make your business run better.

Financial Statement

Cash Flow

ERP

Audit

Tax Consultant

Why Choose Level Up Arab?

Many companies offer accounting services, but here’s why Level Up Arab stands out:

Simple and clear communication – We explain finance in a way anyone can understand. No confusing words!
Customized support – Every business is different. We offer services that fit your needs.
Local expertise – We know the Saudi market and follow all local rules and regulations.
Trusted professionals – Our accountants are trained, experienced, and ready to help.

Our Simple 5-Step Process

At Level Up Arab, we believe in keeping things simple, clear, and effective. Here’s how we work:

1. Free Consultation

We start by listening to your needs. We talk about your business, challenges, and goals. No pressure. Just a friendly chat.

2. Customized Plan

We create a plan that fits your business size and industry. Whether you’re in retail, construction, or tech, we tailor our services to you.

3. System Setup or Cleanup

We set up accounting software (if needed) or clean up your existing books. We organize everything properly from day one.

4. Ongoing Support

Our team works with you monthly, weekly, or daily — depending on what you need. We handle everything from bookkeeping to complex reports.

5. Growth Guidance

We don’t just keep your books. We help you grow. From financial advice to audit support, we’re always by your side.

Industry-Specific Support – Tailored Accounting for Your Business

At Level Up Arab, we know that every industry works differently. That’s why we don’t just offer general accounting services. We offer custom accounting support based on your industry. This helps us better understand your needs and give you the best advice and reports.

Here’s how we help different industries:

Real Estate

In real estate, you deal with property sales, leases, rent, commissions, and taxes. We help track income from tenants, calculate property depreciation, and prepare reports for your investors. We also help with Zakat, VAT on property deals, and project budgeting for developments.

Construction

Construction projects involve many moving parts — materials, labour, equipment, and contracts. We help manage job costing, progress billing, and budget tracking. We also make sure you’re following Saudi SOCPA rules and help you stay organized during long-term projects.

Healthcare

Whether you run a clinic, hospital, or pharmacy, we help you manage expenses, insurance payments, and patient billing. We also track medical equipment assets, manage payroll for healthcare workers, and keep you compliant with tax and audit requirements.

Retail

Retail businesses deal with daily sales, supplier invoices, and inventory. We help you track sales by category, manage stock value, and understand profit margins. We also support POS system integration and daily cash flow tracking.

E-Commerce

Online stores often have sales across multiple channels (like websites and apps). We help with payment gateway tracking, VAT filing, and inventory accounting. We also guide you in managing returns, digital ads spending, and profit tracking per product.

Education

Schools, training centres, and academies have their own financial challenges. We help with fee tracking, payroll for teachers and staff, and budgeting for school expenses. We also assist with audit readiness and financial reporting for boards or sponsors.

Let’s Grow Together

At Level Up Arab, we believe good accounting leads to better business decisions. When your finances are in order, you can focus on what really matters – growing your business. Our job is to take the stress out of numbers. Whether it's monthly reports or long-term financial planning, we are here to guide you every step of the way. Let us be your financial partner. Together, we’ll build a strong future.

Contact Us Today

Take the first step toward better financial health with Level Up Arab. Reach out today and see how our accounting and finance services can transform your business.