Answer: Common violations include: lack of vacation processing mechanisms, incorrect vacation pay calculations, missing hiring and firing orders, and incorrect contribution calculations. Postponing salary payments or not documenting them is also considered a violation. Any inconsistent dates in orders, timesheets, or...Read more

Answer: After a business is established, an accountant prepares accounting policies, registers employees, opens a payroll ledger, and helps select a tax system. This includes accounting for transactions, month-end closing, payroll calculations, tax payments, and reporting. Throughout this period, the accountant...Read more

Answer: In such a situation, a company can arrange temporary support from an outsourcing firm. Typically, within 1-2 days, specialists accept documents, review them, and promptly prepare reports. This is more cost-effective than missing deadlines and facing account freezes and fines....Read more

Answer: Yes, you can change accounting services at any time. It’s only necessary to transfer the archive of source documents, reports from previous periods, and account balances. The new accountant typically audits incoming data and creates accurate opening balances. It’s crucial...Read more

Answer: Reconciliation isn’t mandatory every month, but in practice, it’s best to do it at least quarterly. This helps identify any underpayments or overpayments that may arise due to rounding, technical updates, or late data uploads. If a company is planning...Read more

Answer: Outsourced accounting services don’t require vacation time, sick leave, or separate workstations, while providing access to several specialists instead of just one. Organizations receive timely reporting, document audits, tax optimization recommendations, and minimized audit risks. For small businesses, this is...Read more

Answer: Yes, even if there are no transactions, the company must submit a zero report. This confirms the absence of activity and maintains the company’s status. If a period is missed, the system may automatically issue a fine, and the bank...Read more

Answer: The minimum set includes a contract, invoice or VAT invoice, acceptance certificate or consignment note, and payment documents. If the company operates under the general tax regime, it is mandatory to record VAT documents. For internal movement of goods, invoices...Read more

Answer: Errors can be corrected by submitting revised reports and corrective documents. Before submitting new returns, it’s necessary to restore all calculations, verify balances, and prepare explanations. The sooner corrections are made, the lower the risk of fines. Companies often find...Read more

Answer: Accurate accounting is demonstrated by the timely submission of reports and the absence of discrepancies between source documents, accounting ledgers, and bank statements. If an accountant systematically generates reconciliation reports, submits tax and payroll reports, and correctly prepares primary documents,...Read more