Account Consult

1. Ongoing accounting:

• Establishing accounting methods;
• Preparing an individual charter of accounts;
• Recording business transactions;
• Preparing an annual depreciation schedule and accumulating depreciation;
• Making an inventory pursuant to the effective normative documents;
• Quarter-end accounting close with a Statement of financial position;

2.  Taxation, EU statements:

• preparation of purchase and sales ledgers as well as submission of VAT returns under the Value Added Tax Act;
• preparation and submission of VIES statements to record deliveries within the EU;
• preparation of returns under INTRASTAT to report intra-community trade;
• charging the amount of advance tax payments to the budget;
• preparation of necessary banking documentation;

3. Social security:

• payrolls – calculation of salaries and remuneration  (issuing pay-slips and official confirmations);
• preparation and submission of monthly statements to the National Revenue Agency;
• charging the amount due for taxes and social security payments;
• preparation and submission of necessary banking documentation;

4. Annual closing of accounting records:

• preparation of an annual financial statement pursuant to the requirements of the Accountancy Act;
• submission of financial statements to the National Revenue Agency. Financial statement protection;
• preparation and submission of annual statistical forms to the National Statistical Institute;
• publishing annual financial statements in the Commercial register;

5. Other services:

• Registration of receipts of foreign loans and investments with the Bulgarian National Bank
• Registration and deregistration under the VAT Act in the presence of necessary legal grounds, compulsory or voluntary;