Accounting for companies – why is it worth taking advantage of our accounting office’s offer?
Regardless of the industry in which business activities are conducted, maintaining full accounting records (known as full accounting) is mandatory under the Accounting Act, including for all limited liability companies and joint-stock companies. Furthermore, this obligation also applies to personal partnerships (general, civil, and other types) and individual entrepreneurs whose annual revenues exceed the equivalent of 2 million euros in Polish zlotys. This task is significantly more demanding and time-consuming than simplified accounting, which is why it is advisable to seek the assistance of professionals at So-MARe accounting office.
Outsourced full accounting services – scope of offered activities
Our accounting office offers comprehensive support for businesses maintaining full accounting records. As part of our offering, we primarily handle tasks such as:
- Maintaining accounting records (invoice entry),
- support in developing accounting policies and the Chart of Accounts in a way that aligns with the specific needs of the business,
- representation of the client in dealings with representatives of government authorities, including periodic inspections conducted by officials from the Tax Office and Social Insurance Institution,
- maintaining a fixed asset and equipment register, calculating depreciation allowances,
- preparing the documents that constitute the financial statements (balance sheet, income statement, cash flow statement) in accordance with the Accounting Act and the National Accounting Standards (KSR),
- handling settlements for corporate income tax (CIT) and value-added tax (VAT) purposes;
- preparing periodic tax declarations and reports for statistical purposes,
- managerial accounting, controlling, and budgeting activities
and many more.
Because these tasks are handled by professionals with years of experience, business owners don’t have to worry about their financial records being maintained improperly. Entrusting the accounting to an external specialist saves time, allowing business owners to focus on growing their business.