Accounting service is an easy process that has the potential to boost the growth opportunities for any business. It helps in keeping a clear record of any financial transaction and also ensures statutory compliance. The process of accounting includes cost accounting, tax accounting, forensic accounting, bookkeeping, management accounting, and governmental accounting. It is the most important process in any business as it showcases the overall health of a company. Our accounting department takes care of all the legal and financial aspects, so you can concentrate on your core business activities. We can take care of everything from initial set up and registration before the Bulgarian trade register to precise management reports and internal control support. We can prepare consolidated and standalone financial statements, VAT declarations and annual balance sheets for your Bulgarian and foreign-owned companies. We can also help you prepare tax returns and other statutory declarations. Depending on your specific needs, we can use the International Financial Reporting Standards (IFRS) or the National Financial Reporting Standards for Small and Medium-Sized Enterprises (NFRSSME). The service of accounting helps businesses to monitor their cash flow and make informed decisions related to investments, expansions, and acquisitions. It also enables them to boost their profitability and identifies the areas that need improvement. Moreover, the service of accounting helps in examining the financial data along with performance metrics. We keep all your accounting documentation on the Cloud and you can access it whenever needed. You will never have to worry about your accounting folders and files, as you can easily upload them to the Cloud, and they will be instantly processed by our accountants. Likewise, you will receive notifications when your monthly invoices and bank statements are processed, as well as when your monthly VAT declarations are uploaded. You can then easily see the processing status by navigating to the relevant folder. Счетоводни услуги софия
