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Service 03

Accounting
& Bookkeeping

Integrated accounting services covering bookkeeping and financial statement preparation, plus follow-up on your bank transactions and documentary credits β€” a professional alternative to in-house hiring that saves you time and cost.

BOOKKEEPINGBANKINGCOMPLIANCE
Why Clients Choose Benchmark

Accurate Books, Without the Hiring Burden

~15%

Cost Savings

Savings roughly equivalent to the social security and health insurance costs of in-house hiring.

100%

International Standards

Bookkeeping and reporting aligned with IFRS and local tax authority requirements.

24/7

Always-On Access

Up-to-date dashboards and reports keep you informed of balances and bank activity at all times.

Scope & Deliverables

Scope & Deliverables

01

Bookkeeping

Accurate day-to-day recording of all financial and banking transactions.

02

Financial Statements

Income statements, balance sheets and cash flows prepared under IFRS.

03

Financial Reporting

Clear monthly and quarterly reports supporting management and investor decisions.

04

Monthly & Annual Closing

Rigorous periodic closing that keeps your books audit- and tax-ready.

05

Bank Transactions Follow-Up

Regular bank reconciliations and follow-up on transfers and banking fees.

06

Documentary Credits (L/C)

Follow-up on opening and amending letters of credit, ensuring documents match bank and contract terms.

07

Inventory Follow-Up

Periodic stock counts and reconciliation against accounting records to reduce discrepancies and waste.

08

Sales Follow-Up

Recording and matching daily sales invoices against financial reports and inventory.

09

Accounts Receivable

Aging analysis and follow-up on customer collections to improve cash flow.

Bookkeeping

A Smart Alternative to In-House Hiring

Hiring an in-house accountant loads your business with costs well beyond the base salary. Benchmark's managed bookkeeping service gives you a full professional team at a lower cost, with no hiring commitments.

Traditional In-House Hiring

An In-House Accountant

  • βœ• Fixed monthly salary regardless of actual workload
  • βœ• Employer-side social security contributions (about 14.25% of monthly wage under current Jordanian legislation)
  • βœ• Health insurance costs for the employee and dependents
  • βœ• Paid annual and sick leave, plus end-of-service benefits
  • βœ• Recruitment and training costs, and continuity risk during leave or resignation
With Benchmark

Managed Bookkeeping Service

  • βœ“ Fixed, transparent monthly fee β€” no surprises
  • βœ“ No social security or health insurance obligations on your business
  • βœ“ A full accounting team with diverse expertise β€” never dependent on one person
  • βœ“ Uninterrupted service, unaffected by leave or resignations
  • βœ“ Scope that scales up smoothly as your business grows

🏦 Bank Transactions & Documentary Credit Follow-Up

We follow up on your behalf with local and regional banks β€” from routine bank reconciliations to opening and tracking documentary credits (Letters of Credit) β€” ensuring documents match bank and contract terms and reducing the risk of delays or rejection.

  • βœ“ Periodic bank reconciliations and balance matching
  • βœ“ Follow-up on transfers and banking fees
  • βœ“ Opening and amending documentary credits (L/C)
  • βœ“ Review of document compliance with credit terms
  • βœ“ Direct coordination with banks to finalize transactions
  • βœ“ Periodic reports on credit and account status

Let's Simplify Your Books Together

Want to lighten the load of hiring and focus on growing your business? We'd love to talk about our managed bookkeeping service.

Email
info@benchmark-ta.com
Web
www.benchmark-ta.com
Address
Amman, Jordan
Book Your Consultation β†’