
Accounting Outsourcing
We provide our Clients with a service package for accounting and financial accounting outsourcing (performing functions of an accountant, chief accountant, financial director, staff manager, HR specialist). The main advantage of such a decision is cost optimization. We are ready to control accounting of our Clients, assuming the responsibility to the extent of functions of a company’s chief accountant.
We provide
We provide services for full maintenance of accounting records, from entry of source documents to filing of reports with the state authorities. Our services include:
– organizing business processes related to document flow and communications, processes are tailored to particular customer’s needs;
-work with source documents: control over their accuracy, source documents processing and entering into the accounting software;
– payroll calculation;
– HR accounting and maintenance of military records;
– accounting close, tax calculation, preparation and filing of reporting with the state authorities;
– obtaining keys in the state authorities, communications with the state authorities;
– control over accounting close.
– payroll calculation
– preparation of payroll reporting
– filing of payroll reporting
– control over closing payroll periods
– payroll calculation and filing of payroll reporting (at client’s discretion);
– control over conducted operations in the accounting records
– untypical operations (leasing, factoring, etc.)
– month-end close
– taxes calculation
– preparing and filing of reporting with state authorities
– preparation of accounting statements (balance sheet, profit and loss statement, capital statement, cash flow statement)
– communications with state authorities
– organization of business processes in the accounting
– employment/dismissal of employees, leave orders
– drawing up agreements, labor contracts
– drawing up a schedule of positions and salaries, timesheet
– drawing up employment position instructions
– drawing up regulations on commercial secret
– building up a portrait of required employee;
– drawing up a list of requirements for an employee;
– composing key questions that answer the description of a potential employee;
– searching for potential job candidates;
– interviewing job candidates (three stages)
– assisting an employee in familiarizing himself/herself with his/her new job
– drawing up financial statements models for a Client
– preparation of financial statements
– presentation of financial statements
– drawing up financial plans, budgeting, financial and economic analysis
– preparation of financial statements under US GAAP, IFRS
– control over receivables
– monitoring of financial flows
– current business processes analysis
– detection of bottlenecks in current business processes
– developing mechanisms for business processes optimization
– implementation of the developed mechanisms
– results monitoring
– analyzing the current state of accounting
– selecting appropriate types of automation
– implementing the selected type of automation
– results monitoring
– Set up period during which bottlenecks are detected
– systematization of information obtained during Set up period
– risks identification
– allocation of responsibilities and parts to be reconstructed
– reconstruction of accounting records (necessary parts)
We provide full support and assistance on a turnkey basis, from drafting a business plan (its financial and economic part or a complete plan) to submitting application documents, including consultations upon becoming a resident.
Our advantages:
– the four eyes principle;
– absolute confidentiality;
– certificate of insurance;
– customized work processes;
– licensed software;
– maintenance of accounting records according to the laws of the Russian Federation (for branches located in Russia, subsidiaries);
– control points agreed upon with a client;
– full transparency in work of our team;
– proactivity;
– regular training of staff and clients;
– team of professionals with over 7 years’ average work experience;
– internal audit every three months;
– experience in various projects implementation: IT-companies, manufacturing companies, wholesale and retail trade, foodservice, construction (Customer, General Contractor), providing services, residents of the “Great Stone” Industrial Park, residents of the High-Tech Park, residents of Free Economic Zones, foreign legal entities, foreign individual entrepreneurs;
– being a part of UHY network we introduce experience of our foreign colleagues into Belarusian practices.