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ACCOUNTING SERVICES

THE PERFECT SOLUTION

FOR YOUR BUSINESS

3 REASONS TO OUTSOURCE ACCOUNTING

RECLAIM TIME

Many companies these days are finding that outsourcing accounting services increases operational efficiency and concentration, and saves time and resources spent on training and hiring employees.

GAIN EXPERTISE

Opting for a highly rated independent accounting firm with industry expertise, instead of training and trusting junior level employees with the important task of running the accounting and finance function is the preffered option for many companies.

SAVE MONEY

Our services cost less than maintaining an accounting department. With our help in improving cash flow, you will maximize efficiency, reduce costs and create great value for yourself.

REASONS

SERVICES

BOOKKEEPING

Bookkeeping and Preparation of quarterly and yearly financials

As we are living in an era of GST, preparing and maintaining accounting records on a real-time basis is a must for businesses. Professional outsourced accounting services not only help you to cope with the day to day accounting of business but also prepare you for the future by providing you a meaningful and relevant analysis of your business growth and enable you to compare your business with your peer group and the industry. Opting "Oulson Outsourcing" OU got you covered:

Design and implementation of an organization-specific accounting and reporting system
Preparation of the internal accounting manual/procedure document
Monthly financial accounting according to the customer's requirements under the Estonian financial reporting standard or IFRS
Payroll accounting and reporting, (monthly) salary computation and disbursement
Preparation and submission of other reports required by the law, such as statistical reports, reports to the Bank of Estonia, reports to the Financial Supervision Authority, grant reports, trial balances and budget completion reports
Preparation and submission of tax returns
Preparation of Balance Sheet and Profit and Loss Report
Account Receivable and Account Payable
Financial Analysis
Preparation of the annual report and performance of consolidation procedures

REPORTING

Monthly reporting to client

There were days when accounting for most businesses meant financial reporting, and they would spend a lot of time on those to comply with all the statutory requirement made by the government. However, those days are gone. Business in the modern world requires real-time update and analysis of activity to see where we stand in the market. Monthly reporting to the management has become equally essential to understand the growth of the business, margins of the business, Growth of the competitor, new government regulations, Operational effectiveness, etc.

CONSULTANCY

Accounting Consultancy

Accounting consultancy is a little bit more than Bookkeeping. "Oulson Outsourcing" OÜ not only helps you in preparing the books of account but also help you in putting the right accounting practice in place as required as per Estonian Accounting Standards, Generally Accepted Accounting Principles and Auditing standards. In the current world, with the introduction of GST and with the ever-changing accounting norms, it is essential for a business to keep itself up to date. We the team of experienced Chartered Accountants help you in keeping your business ahead in the game, in terms of complying with the latest government requirements and norms.

CO-ORDINATION

Co-Ordination with Auditor

As the accounting team of your business, we ensure the proper, smooth and transparent flow of financial information. "Oulson Outsourcing" OÜ represents the entity in front of auditors and ensures that the auditor receives all the data as needed to complete the audit. "Oulson Outsourcing" OÜ has a team of experienced Chartered Accountants. This team helps your business to stay ahead in audit and provide you the consultation as a part of accounting services which will not only offer quality output but will also save the money which the business would have incurred taking auditors advice.

OPTIMIZATION OF TAXES

Tax Consultation

PERSONAL

SOLUTIONS

Beneficial options for cooperation

It is important for us to take into account the specifics of each client’s business for the most successful solution of the tasks assigned to us. Therefore, the cost of accounting is determined for each client separately in a personal meeting. Do not hesitate, we will select for you the most profitable option for cooperation!