Accounting, bookkeeping options
Laws specify different bookkeping rules for various entrepreneurship forms. Beyond the chosen enterprise form the particular taxation structures and the information demand of the enterprise also require to ensure different bookkeeping specialties. The main principle of Perscriptor Bookkeepers Office is that beyond records required by law we provide information to support the decision-making to company management. The records are created accordingly and recommendations are made for the development of relevant policies.Double-entry bookkeeping with the “Big Machinator” ERP software
The main profile of our bookkeeper office is the double-entry bookkeeping. We create a detailed general ledger and analytic records according to the activities of the enterprise, which provide timely information on demand of taxation, ownership and management. The exact bookkeeping which is in line with accounting rules is supported by the “Nagy Machinátor” integrated enterprise management system. We are proud that we were capable to meet every requirement for information with the assistance of this software so far. Due to online connection the coordination of on-site financial duties at larger companies and the bookkeeping duties executed in the office is excellent.
What does our accountancy service contain?
The monthly accounting fee features the following tasks:
- preparation of the Accountancy Policy,
- working out the Chart of Accounts,
- working out the frames of accountancy by division, business lines, project as needed,
- working out the secondary accountancy and ledger to support the reports, consolidation towards mothercompanies,
- preparation of Ledger Extract for each period
- support for auditing.
- analytic and ledger recording, accounting of submitted invoices,
- record keeping, general ledger account maintenance in line with law regulations,
- record keeping of fixed assets in line with the Accounting Law and Tax Law, settlement of economic events,
- monthly information on tax payment duties,
- monthly (or quarterly) information on results, on-demand reports and related business consultancy, including potential tax saving options,
- permanent information on expected changes in taxes,
- customer login registration and timely submitting of tax returns, EU summary reports (especially the VAT returns) under our names,
- tax account reconciliation,
- data preparation for the Statistical Office,
- continuous availability,
- and representation at the authorities
- preparation of accruals and defers, year-end evaluations,
- preparation of local business tax returns,
- corporate income tax base and tax calculation,
- preparation of corporate income tax returns,
- compilation of Annual Report (or Simplified Annual Report) account, including the business report,
- determination of result before and after taxation,
- accounting year-closure, distribution of profits in line with law regulations,
- compilation of InterCompany Statement in the formula given (if required)
Accounting for holdings
The domestic and foreign-owned holdings have special information needs related to taxation, report creation and ownership requirements. In case of holdings we pay high attention to transactions between holding members, to consolidation duties and the data service towards the parent companies.
Single Bookkeeping, Income registry, Simplified Entrepeneurial Tax
In case of individual entrepreneurs, other organizations, entrepreneurs applying special taxation (Simplified Entrepreneurial Tax) we also consider it important that based on the tailored registries we can provide such data, which ensure the optimal decision-making, whether it is related to taxation, liquidity or investment matters. We pay extra attention to the legally available tax and cost optimizing opportunities of the related enterprises.
