Bookkeeping for travel and tourism agencies
Travel businesses collect money in advance, pay airlines, hotels and suppliers in several currencies, and deal with some of the most complex VAT rules. We record every booking correctly so you know your real margin and file VAT with confidence.
Common challenges we fix
- Unclear whether income should be recorded gross or as commission
- Customer advances for trips months away
- Supplier payments in several currencies
- Different VAT treatment for flights, UAE hotels and overseas packages
What we handle for you
- Agent and principal bookings recorded the right way
- Customer advances held until the trip is delivered
- Supplier balances and multi-currency payments reconciled
- VAT treatment checked by type of travel service
- Margin by booking, product or destination
- Payment gateway and card settlements reconciled
Frequently asked questions
Do we record the full ticket price as our revenue?
It depends on whether you act as an agent or as the principal. When you sell as an agent, your revenue is usually your commission or service fee. When you sell packages as the principal, you record the full price and the supplier costs separately.
Is international travel zero-rated for VAT?
International passenger transport is generally zero-rated, while hotel stays in the UAE are standard-rated at 5%. Packages and services outside the UAE have their own rules, so we review each product you sell.
Guides for UAE businesses
Bookkeeping for Small Business in UAE: Step-by-Step Guide
Eight simple steps to set up and keep bookkeeping for a UAE small business, with basic examples and the UAE-specific rules you need.
Read the guide →VAT Registration Threshold UAE: Who Must Register?
AED 375,000 mandatory, AED 187,500 voluntary: how the UAE VAT threshold works, how to calculate it and when you must apply.
Read the guide →Corporate Tax Registration Deadline UAE (Including New Companies)
New companies have three months to register for Corporate Tax. Here's how the deadline works, the AED 10,000 penalty and the waiver.
Read the guide →Get your books in order this month
Tell us about your business and get a fixed monthly quote within one business day.