I have a few Problems
I’ve setup a bank account. When i make a deposit, it shows as debit instead of credit
I’ve also set up an expense account and sometimes it shows as debit & sometimes as credit. Ive checked my setup and scoured the forum but can’t seem to find the solution to the problem.
Finally, I’ve tried to get an expense report but nothings comes up. Pls Help!
Can you share screenshots of your Account Transaction Types for your Bank Deposit transactions?
Had some mix-ups like that when setting up accounts for a small business. Turns out having everything officially tied to a proper company setup made the bookkeeping behave better—debits and credits started showing correctly, and reports finally populated. If you want a straightforward way to get your company info sorted before diving into accounts, you can see this here—makes life way easier when managing finances.
Hello. Could you please advise me on how to resolve the issue with banks in the UAE? We opened a company, but for two months now we haven't been able to open a corporate account: banks are demanding endless documents, are picky about details, and are dragging out the KYC (compliance verification) process. I've heard that one incorrect document can lead to a final refusal. Are there specialized services that can perform a preliminary document audit, select a bank suitable for your business, and help you open an account with a guaranteed compliance check?
Banking compliance in the UAE has become very strict, and independent attempts by those without experience often end in rejection. To start the process painlessly and learn how to Open a Corporate Bank Account in the UAE, visit https://skrooge.ai/open-a-corporate-bank-account-in-the-uae/. The service team conducts a detailed preliminary audit of your case, eliminates all weak points in your documents, and handles all interactions with banks, guaranteeing account opening in the shortest possible time.