Why?
Accounting outsourcing means a complete or partial takeover of processes related to bookkeeping and day-to-day tax settlements of an entity, as well as associated obligations, e.g., in terms of financial reporting, financial report audit handling or day-to-day communication with tax authorities.
A detailed scope of the service is individually fine-tuned on a case-specific basis to the assumptions and needs of an enterprise, among others, those related to functions implemented by the company in-house, preferred IT tools, reporting standard and structure, etc. It can also be expanded with additional functions, such as specialised periodic reporting, cash management or active receivable monitoring.
For whom?
Companies interested in outsourcing accounting to companies incorporated under Polish law or foreign companies conducting business in Poland subject to the obligation to keep ledgers or settle taxes (e.g., when a registered branch, a taxable establishment or property of a foreign entity is located in Poland).
How?
Our accounting team provides services that include, in particular:
- recording source accounting documents;
- keeping a register of fixed and intangible assets, both for accounting and tax purposes, as well as calculating monthly depreciation write-downs;
- keeping a register accruals and prepayments;
- keeping a purchase and sale VAT register;
- calculating monthly liabilities on account of VAT and corporate income tax, as well as developing CIT and VAT tax returns pursuant to legislation;
- drawing up notifications for Statistics Poland (GUS) and NBP;
- drawing up basic reports in Polish (balance sheet, income statement).
In addition, we offer support in the following fields:
- drawing up non-standard periodic reports (following individual client needs);
- communication with administrative authorities and auditors;
- updating registry data;
- cooperation in developing a company chart of accounts with a description;
- cooperation in developing internal accounting procedures;
- cooperation in transferring ledgers to/from an in-house accounting department;
- training for employees on accounting procedures;
- assistance in drawing up sales and internal invoices.
