Accounting
More and more tradesmen and firms underestimate the importance of accounting for their business. They do not consider the accounting data and outputs important, fail to follow them or they deal with them only when it´s time for financial statements and respective tax deadlines.
Grund Consulting fully represents the interests of its clients with respect to the Act on Accounting, accounting standards and other related regulations. All our employees are regularly briefed, we register all changes concerning respective legal regulations and actively take interest in anticipated changes to be able to flexibly respond to all legislative changes.
Our top added value is the ability to estimate the economic result during the fiscal period, to give advice on how to improve the relevant cash flow, how to optimize wage cost, to assist in terms of financial issues etc.
At the end of the year our customers receive financial statements as well as regular results of their economic activity including recommendation on how to make their economic activity more efficient
ACCOUNTING INCLUDES
- carrying documentation to account
- processing financial statement
- processing VAT forms, road tax forms
- checking accuracy of your partners´ accounting documentation from your partners
- regular and extra financial statement
- accounting consultancy
- modifications of the accounting system so that the accounting reports could fully comply with your needs
- regular reporting per your request
- tax payment alert
- completing statistical statements
- preparation of applications for loan or leasing
- releasing final accounts in the chart of accounts
- preparation of documentation for an audit, and naturally cooperation during the audit
- issuing invoices as per your instructions
- preparation of payments for the bank
- regular reminder e-mails about claims after due date
Accounting, however, has one crucial role – it demonstrates the true economic activity of the company and its viability. It also provides important information for strategic management of the trade or business, warns against possible problems or financial difficulties, specifies weak points in everyday operation of a firm, but at the same time it presents a prospective path to follow in the future. If a firm takes the area of accounting seriously, it then becomes an important part of a proper tax expense control.
PROCESSES
We carry out bank operations (if required by the client) or provided that the client delivers all accounting documents in a timely manner, he receives payment orders well in advance prior to due date of the respective payment order. We download statements directly into our accounting system.
After the fiscal period, full documentation and completed accounting documents including obligatory account books are handed over to our clients.
Accounting documentation may be sent back and forth through e-mails, per standard mail or in any other way that can be agreed upon.