Accounting is the backbone of your business and the key to success. With its help, you have the opportunity to manage and plan economic activities properly. You have the opportunity to use international practice and experience to manage your business properly and be able to minimize tax, human and financial risks.
It is very important to know accurate information about the various costs of your business to analyze and be able to optimize them. Also to determine the selling price of goods or services correctly; In order to make a profit, it is necessary to have a correct pricing policy, which should be determined by taking direct and indirect costs into account and accurate calculation of all components of cost.
Current accounting
We offer an accounting service, which is provided by experienced and highly qualified accountants of our team. By cooperating with us at any time you will have access to accounting data and its results in real-time.
Accounting services include:
Development of accounting policy;
Select and implement a convenient and budget accounting program for you and your business;
Systematize accounting in the selected accounting software;
Preparation primary documentation;
Accounting and control of receivables and payables;
Accounting and control of goods and material value;
Fixed asset accounting;
Preparing bank transfers;
Accounting and control of cash flow and sub-accounts issued to accountable people;
Recording the salaries of hired employees;
Accounting tax liabilities and identifying relevant risks;
Managing the user of the electronic services’ website of the LEPL Revenue Service (https://eservices.rs.ge/), including preparing and submitting tax returns;
User management on the website of the electronic payment administration system (https://agency.pensions.ge/), including preparation and submission of declarations;
User management on the website of the National Statistics Office of Georgia (http://database.geostat.ge/), including submission of online questionnaires;
Managing accounting and Audit Supervision Service (https://rms.reportal.ge/) and submitting financial reporting forms.
Chief Accountant Services
Provides control and supervision of the accountant (s) in the company by a person with relevant competence.
Service includes:
Analysis of existing accounting policy and its optimization;
Examine the qualification of an existing accountant (s), make relevant recommendations, upgrade qualifications, control, and development;
Analyze the company’s accounting system, identify deficiencies and issue relevant recommendations, and monitor enforcement;
Analyze transactions and make relevant recommendations to minimize tax risks for your business;
Reporting and analysis with management;
User management of the electronic service’s website of the LEPL Revenue Service (https://eservices.rs.ge/), including preparation and submission of tax returns;
additional services.
Restoration/systematization of accounting in an electronic accounting program
Service includes:
Restoration of the past accounting period;
Checking the compliance of the primary documentation with the legislation and restoring them if necessary;
Comparison of data submitted and declared to the rating authority with the data recorded in the first documentation and accounting;
Identify tax risks;
Preparation of financial accounting forms (balance sheet, profit and loss, cash flow, and equity statements);
Other additional services requested by the client.