FAQ
Question: What’s the difference between outsourcing your accounting and hiring an in-house accountant?
Answer: With outsourcing, you pay only for the services, without the cost of salaries, taxes, or staff. Furthermore, you don’t have just one person working for you, but a whole team of specialists who monitor quality and respond promptly to legal...Read more
40 👁Question: Is it possible to restore accounting records if they haven’t been maintained for several months?
Answer: Yes, accounting restoration is a common service. We analyze source documents, restore data, generate missing reports, and submit corrective forms. Afterward, the client receives a fully organized accounting system and up-to-date reports. Read more
34 👁Answer: The frequency depends on the tax system and the type of activity. Reports are typically submitted quarterly, but for certain taxes, monthly or annually. Our specialists monitor deadlines and ensure all forms are submitted in accordance with the State Tax...Read more
48 👁Answer: Full accounting outsourcing includes bookkeeping, tax calculations, reporting, HR support, and interaction with tax authorities. Clients receive a turnkey solution without the need to hire an in-house accountant or oversee the process. Read more
37 👁Answer: Even with a small number of transactions, it’s important to maintain accurate bookkeeping. Reporting errors can lead to fines, account freezes, or problems during audits. An accountant will ensure accurate bookkeeping, timely reporting, and advice on how to reduce your...Read more
33 👁Question: What are accounting services?
Answer: Accounting services are professional bookkeeping and tax accounting services provided by a third-party organization or a contracted specialist. Essentially, it’s an alternative to retaining an in-house accountant. The company outsources all tasks related to accounting, reporting, and interaction with tax...Read more
35 👁Question: What is the liquidation of a company?
Answer: The liquidation of a company is the official termination of the activity of a legal entity with its exclusion from the state register. Upon completion of the procedure, the company ceases to exist as a legal entity, and its accounts,...Read more
109 👁Question: What is accounting outsourcing?
Answer: Accounting outsourcing is the transfer of accounting functions to an external specialized company. Instead of maintaining a full-time accountant, a business enters into an agreement with a firm that takes over accounting, payroll, reporting, and interaction with tax authorities. Read more
84 👁Question: What are accounting services
Answer: Accounting services are a set of actions aimed at organizing and maintaining records of financial and economic activities of an enterprise, ensuring financial and tax reporting in accordance with the legislation. Read more
210 👁