A complete, chronological record linking every financial transaction — from original invoice through to bank payment.
Read MoreAverage Revenue Per User (ARPU) is a financial metric that measures the average amount of revenue that a company generates from each of its users or customers.
Read MoreA financial statement showing a company's assets, liabilities, and equity at a specific point in time. UAE businesses use balance sheets to demonstrate financial health to banks, investors, and auditors.
Read MoreThe process of matching your internal financial records with your bank statements to ensure they agree. In UAE businesses, reconciliation must be done regularly — any discrepancy can trigger issues during an FTA audit.
Read MoreThe basis of accounting is the set of rules and principles that is used to prepare and maintain a company's financial records and statements.
Read MoreA basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument.
Read MoreBillings refer to the total amount of revenue that a business has generated from its customers for goods or services that have been delivered or used, but not yet paid for.
Read MoreA board director is an individual who is elected to serve on the board of directors of a corporation or other organization.
Read MoreBookings refer to the total value of customer orders that a business has received for goods or services.
Read MoreThe systematic recording of every financial transaction a business makes — sales, purchases, expenses, and payments.
Read MoreBook value is a financial term that refers to the value of an asset as recorded on a company's balance sheet.
Read MoreThe revenue level at which your business covers all its costs — making neither a profit nor a loss.
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