Case Study
Monthly Close, VAT and Revenue Recognition for a UAE SaaS
UAE-based SaaS company · Xero
THE PROBLEM
A UAE-based SaaS company was recognizing subscription revenue on receipt rather than over the subscription term, so monthly revenue swung with billing cycles instead of reflecting actual delivery. Month-end close arrived weeks late, and VAT was handled reactively each period.
WHAT I DID
I corrected the revenue recognition treatment, built the deferred revenue schedule, established a repeatable close checklist, and brought VAT and corporate tax filings onto a fixed schedule.
THE OUTCOME
Close moved from “whenever it’s ready” to a fixed monthly date.
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