FAQ
Answer: Yes, you can change accounting services at any time. It’s only necessary to transfer the archive of source documents, reports from previous periods, and account balances. The new accountant typically audits incoming data and creates accurate opening balances. It’s crucial...Read more
3 👁Answer: Reconciliation isn’t mandatory every month, but in practice, it’s best to do it at least quarterly. This helps identify any underpayments or overpayments that may arise due to rounding, technical updates, or late data uploads. If a company is planning...Read more
13 👁Answer: Outsourced accounting services don’t require vacation time, sick leave, or separate workstations, while providing access to several specialists instead of just one. Organizations receive timely reporting, document audits, tax optimization recommendations, and minimized audit risks. For small businesses, this is...Read more
25 👁Answer: Yes, even if there are no transactions, the company must submit a zero report. This confirms the absence of activity and maintains the company’s status. If a period is missed, the system may automatically issue a fine, and the bank...Read more
43 👁Answer: The minimum set includes a contract, invoice or VAT invoice, acceptance certificate or consignment note, and payment documents. If the company operates under the general tax regime, it is mandatory to record VAT documents. For internal movement of goods, invoices...Read more
50 👁Answer: Errors can be corrected by submitting revised reports and corrective documents. Before submitting new returns, it’s necessary to restore all calculations, verify balances, and prepare explanations. The sooner corrections are made, the lower the risk of fines. Companies often find...Read more
57 👁Answer: Accurate accounting is demonstrated by the timely submission of reports and the absence of discrepancies between source documents, accounting ledgers, and bank statements. If an accountant systematically generates reconciliation reports, submits tax and payroll reports, and correctly prepares primary documents,...Read more
74 👁Answer: With outsourcing, a company pays only for the actual services provided: reports, accounting, HR, and audit support. There are no costs for salaries, vacation pay, sick leave, workstations, or training. Furthermore, the outsourcing company provides a replacement specialist and bears...Read more
83 👁Answer: Yes, most procedures can be completed remotely today: document preparation, responding to inquiries, consultations, and correspondence through the taxpayer’s personal account. The accountant monitors deadlines, verifies the accuracy of requirements, and helps the client interact with the tax office correctly....Read more
82 👁Answer: In this case, an audit is conducted: source documents are reviewed, transactions are analyzed, and reconciliations are made with the bank, tax authorities, and funds. After identifying errors, the accountant restores the accounting records by period, adjusts balances, and submits...Read more
71 👁