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Financial Services
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Accounting services
Daily up-to-date accounting, maximum automation and regular adjustment in accordance with processes, paperless communication, balances available until the 10th of the month
- Preparation and continuous updating of the chart of accounts in accordance with the client's business
- Creation and management of the customers and suppliers database
- Automation of client's current accounts’ turnover tracking
- Downloading outgoing and incoming invoices via API keys from SEF
- Establishing positions for automatic recording of frequent business changes
- Compliance verification of documentation and recordings of business changes in accordance with domestic accounting standards and regulations, IAS, or IFRS
- Calculation of the cost price and management of the costing department
- Creation of a database of fixed assets, changes and additions in accordance with the client's business changes
- Coordination with Banks and committees in accordance with the Law
Management of SEF (System of Electronic Invoices)*
If you do not possess the internal capacity, we can administer SEF requirements for you
- Automatic entry of outgoing invoices
- Administration of incoming invoices received through SEF
- Entry of advance invoices and credit memos (approvals and debits)
- Entry cash receipts and receipts received through other communication channels
Writing of outgoing invoices and other accounting documentation*
You don’t have someone to keep goods records and write up accounting documents? Together we can set up a system and create documentation for you!
- Service preparation of advance invoices, credit memos, delivery notes, receipts, customs documentation, documentation for import, export, re-export for clients who do not do it independently
Financial Consulting and Reporting
Consulting and out of the box suggestions and solutions for all your doubts and challenges. Superior reporting, customized notes written for you, consolidation of the most complex domestic and international groups
- Preparation of a set of annual financial reports that includes notes, a statistical report and an annual report on operations, submitted in accordance with the Law on Accounting
- Preparation of periodic and ad hoc financial reports at the client's request - balance sheet, income statement, cash flow
- Creation of consolidation and preparation of a set of consolidated financial statements
- Preparation of summary reports for managerial leadership
- Advise companies in adhering to requirements of existing IAS/IFRS
- Provide counsel on and train your company’s employees the adherence to the requirements of new or amended IAS/IFRS
- Analysis of the client's business with tips and guidelines for possible savings and improvements
Taxes, tax consulting and reporting
Let’s explore all possibilities for the best optimizations appropriate for your business and plans for future development
- Analysis of the tax treatment of individual business changes
- Calculation of taxes and submission of adequate tax returns
- Compilation of the tax balance
- Cost rationalization through optimization of tax exposure in accordance with legal frameworks
- Communication with the tax authorities
- Consultations related to the tax treatment of specific business activities, training and presentations for employees
- Advise the client during tax audits and inspections by tax authorities
- Consult in cases of tax problems related to investments, business operations and optimization of tax strategies
Transfer prices
Preparation of a report on transfer prices in the form of a full report, i.e. a report in an abbreviated form in accordance with the requirements of the Law on Profit Tax
Calculation of provisions for severance pay and jubilee awards
Preparation of actuarial calculations and provisions related to severance pay and jubilee awards
Labor relations and earnings
If you do not possess the internal capacities, we can take over the entire labor force management and labor law administration, including salaries and all types of benefits with the associated taxes. Always timely and accurately calculated and reported
- Registration and deregistration of workers at CROSO
- Preparation of travel orders for travel expenses
- Management of employee registers
- Calculation of basic and supplementary salaries of employees
- Calculation of bonuses, overtime hours, leave pay and other employee benefits
- Submission of PPP PD applications and other necessary documentation
Preparation of documentation for financing needs*
We will prepare for you all reviews, analyzes and reports that the bank requires when approving its products
- Creation of the necessary documentation required by Banks, leasing companies or other financial companies when processing requests or making offers for financing (e.g. analytical cards of customers, suppliers, closing sheets by date, comparison of achievements in two periods, etc.)
Preparation for audit
You are subject to a statutory audit, you don’t want to be surprised by their findings, or you just want to be well prepared for it?
- Analysis of Balance Sheets and Income Statements for the current and previous business year
- Check the accuracy of inclusion and presentation of business changes as well as compliance with the accounting policies of the company on the selected sample
- Review of a set of internal acts, which will be required as a minimum requirement in the audit process
- Make suggestions for necessary changes and cooperate on their implementation
- Assistance in preparing the required data during the audit process
* for clients to whom we provide accounting services
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