Maintaining accounting books and records in accordance with prevailing regulations and preparing and filing all the paperwork required by local authorities can be a time consuming and costly exercise. It places an administrative burden on your staff which has little perceived added value.
We can provide assistance on:
- Accounts payable ledgers and payments
- Accounts receivable ledgers and payments
- Expense reports
- Bank account creation and reconciliation
- Current accounting records
- Tax calculations
- Interior documentation and financial statements
- External financial statements
- Compiling and introducing accounts to Ministry of Taxes, The State Statistical Committee, Ministry of Labor and Social Protection of Population, non-budget funds and protect client’s interests
- Payments on behalf of clients to suppliers
- Processing sales and purchase ledger invoices
- Profit and loss statement, Statement of Financial Position, Cash flow statement
Why do businesses outsource their entire accounting departments to us? Some reasons include:
• Lack of bookkeeping processes & procedures
• Inaccurate or late financial reporting
• Inability to forecast or budget
• Poor or non-existent accounting technology integrations
• Lack of internal expertise and even theft