Accounting/Bookkeeping services

All legal entities registered in Russia must keep proper accounting records and ledgers as stipulated by the Russian Accounting Low and other legislation. Good bookkeeping not only facilitates day-to-day accounts maintenance and drafting of financial statements for the submission of quarterly and annual returns, but it also provides insight for sound business decision-making as well as efficient financial management.

Providing financial information to our clients in a timely and accurate manner is our commitment. Well-organised accounting records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost-effective accounting services:

  • Analysis of current accounts organisation and identification of area for improvements;
  • Consulting on tax optimization (if needed) according to current tax legislation;
  • Developing or improving accounting policy;
  • Verification of drawn up documents to be in accordance with the Russian laws;
  • Structure and processing documents into accounting software 1C;
  • Payroll services including salary tax and social founds payments calculating;
  • Upon client request management of bank account: preparing and sending payment documents to the bank, monitoring of currency accounts, preparing documents according Currency Exchange regulation;
  • Upon client request preparing cash documents, business trip expense reports, as well as other documents: invoices, waybills, accounts reconciliation and etc;
  • Accounting on material and non-material long term assets;
  • Drawing up a list of missing documents;
  • Preparing all of the accounting and tax registers;
  • VAT report and its analysis, calculating real estate tax, income tax, social tax, preparing annual and quarterly tax return;
  • Preparing balance sheets, income statements, as well as other financial quarterly reporting for state tax authority;
  • Management accounting upon client request, as well as transformation accounts to IFRS;
  • Representing our clients interests at state tax, retirement, social security and other authorities;
  • Representing our clients interests at bank inspections of cash discipline;
  • Yearly verification of payments with the budget, as planed;
  • Monthly overview about the most important tax legislation and its changes, for our clients.