Why?
Accounting outsourcing means a complete or partial takeover of processes related to bookkeeping and day-to-day tax settlements of an entity, as well as associated obligations, e.g., in terms of financial reporting, financial report audit handling or day-to-day communication with tax authorities.
A detailed scope of the service is individually fine-tuned on a case-specific basis to the assumptions and needs of an enterprise, among others, those related to functions implemented by the company in-house, preferred IT tools, reporting standard and structure, etc. It can also be expanded with additional functions, such as specialised periodic reporting, cash management or active receivable monitoring.
For whom?
Companies interested in outsourcing accounting to companies incorporated under Polish law or foreign companies conducting business in Poland subject to the obligation to keep ledgers or settle taxes (e.g., when a registered branch, a taxable establishment or property of a foreign entity is located in Poland).
How?
We take over responsibility for day-to-day accounting, reporting and local compliance – in a model tailored to the Client’s organisation and needs.
Our team provides services which include, in particular:
- full accounting outsourcing – comprehensive management of the local accounting function, financial reporting and VAT and CIT compliance obligations;
- outsourcing of selected processes – flexible takeover of selected areas, e.g. accounts receivable and payable, fixed assets, month-end closing or financial reporting;
- accounting supervision – ongoing support for internal accounting departments provided by experienced specialists, including support with month-end and year-end closing;
- preparation of annual and interim financial statements and their conversion into XML format;
- VAT and CIT compliance – review of tax calculations and settlements, preparation of tax returns and tax calculations as well as tax reporting, including SAF-T (JPK);
- support during audits and inspections – ongoing cooperation with auditors, advisors and administrative authorities as well as coordination of audits and tax inspections.
In addition, we offer support in the following areas:
- preparation of mandatory information for Statistics Poland (GUS) and the National Bank of Poland (NBP);
- preparation of periodic non-standard reports tailored to the Client’s individual needs;
- updating registration data;
- administration of the e-Delivery mailbox;
- support in the transformation of the accounting function, including its transition to an in-house team or to an outsourcing model;
- training for employees in accounting procedures;
- assistance in preparing and/or issuing sales invoices.
