Every company needs to pay taxes and generate reports — to maintain accounting processes. To do this, you will have to create an accounting department within your organization or outsource the work.

Outsourcing of accounting and tax services is the delegation of accounting to professional organizations. They take over all regular functions or separate accounting sections (for example, processing of advance reports or the function of "chief accountant"). This frees up the staff and allows you to direct all efforts to the tasks of operational work and grow your own business.

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The accounting outsourcing service may include:

•  preparation of accounting policy;

•  registration of documents of employees applying for work;

•  calculation of salaries and contributions;

•  working with reporting;

•  calculation of taxes;

•  submission of returns;

•  creation of payment orders;

•  maintaining registers;

•  support of tax audits and support in terms of interaction with fiscal authorities (tax, customs);

•  optionally, preparation of documentation for customers and buyers.

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Advantages of outsourcing services:

•  reduction of expenses for accounting services;

•  high level of qualification of specialists and services;

•  the company is responsible for providing accounting outsourcing services;

• information security with latest technologies.