Client
Provision of all necessary primary documents and information to the accountant in hard copy (or electronic) by the 7th day of the next month following the reporting period
Conducting inventory in accordance with the requirements of the laws of the Republic of Estonia
Checks email and takes note of information from the accountant
Accountant
Receiving primary documents and necessary information
Analysis of primary documents for compliance with the requirements of the Estonian legislation on accounting and tax accounting
Introduction of sales and purchase invoices in the accounting program 1C or E-arveldaja
Accounting for invoices (linking invoices to receipts and payments)
Accounting for expenses (receipts from accountable persons, payments by personal cards, payments by company card, etc.)
Accounting of cash transactions (preparation of cash orders, registration of the cash book)
Accounting for expenses and income
Payroll and tax accounting
Registration, suspension and de-registration of employees in the Employment Register
Accounting for different types of vacations, accrual and payment of vacation pay
Accounting for the vacation reserve
Accounting for special benefits, non-business expenses, gifts and donations, and dividends
Preparation of tax returns, filing of TSD returns, TSD forms, INF
Making travel reports
Calculation of daily allowances
Accounting for banking operations
Reflection of existing credit agreements and leases, monitoring of payment schedules
Accounting for fixed assets and depreciation
Checking the correctness of accounting entries based on the entered documents
Preparation and submission of reports to the Tax Board
VAT tax accounting, filing of KMD, VD, PVD declarations
Preparation of tax returns, filing of TSD returns, TSD forms, INF
Validation of tax balances
Preparation and submission of statistical reports related to accounting and tax accounting to the Department of statistics (other statistical reports on request)
Preparation of interim financial statements (balance sheet, profit statement) (on request)
Preparation of an annual report to the Commercial register
Preparation of internal accounting policies
Consulting and providing information related to accounting and tax accounting
Representation of the client when dealing with the tax board, auditor, bankruptcy manager and other third parties
Accounting services do not include
Accounting for low-value items
Warehouse accounting
Making a trip log
Decision-making on firm management