Accounting services for 150 companies
Payroll service for 350 persons
Their total revenue: 6 500 000 000 HUF
Number of successful tax investigations: 76
- Entel Ltd.
- International Legal Services Ltd.
- GRA Autóház Ltd.
- CORVUS DESIGN Ltd.
- Tagai Racing Team Ltd.
Real estate leasing according to VAT act: letting out a real estate according to the general regulations is VAT free. If the taxable entity wants to lease the property with VAT and wants to deduct the related previously calculated VAT then the leaser shall declare to the Tax Authorities at the beginning of the activity that it differs from the general regulations. The declaration shall be done exclusively at the beginning of the activity respectively at the end of the year becoming effective from 1st of January next year.
Our company has been dealing with book-keeping of sole traders and businesses since 2001. During the past years of our accounting work we recognized that one of the biggest dangers of small Hungarian enterprises is tax risk. This revelation led us to the elaboration of a specific information system as an amendment of our accounting service which supports helps and brings businesses into decision making position.
Credo:
Our values:
- Exactitude – with our extensive and precise work we make every effort to support the taxation and accounting tasks of our clients.
- Flexibility – in the interest of your company we are always available for you. Based on different aspects we quickly systemize the arisen problems of our clients and we give suggestions on how to solve them.
- Technical background – we send weekly, monthly and quarterly reports to our clients via email. Our accounting work is backed up with the most up-to-date technical tools, therefore you will not have to worry about their storage but in case of need, all your data are always available.
- Safety – giving priority to the safety of our clients we have professional liability insurance at our disposal.
- Actuality- the pace of the changes in the taxation regulations increased extraordinarily in the past years. By continuously building and maintaining the professional library and by updating the digital background material we are able to provide up-to-date information for our clients.
Management accounting system
During the past years we have gained substantial experience in the field of management accounting and controlling. We can make good use of these experiences in your business as well.
How does the management accounting system help? The following questions help to understand that.
- Do you know where your business is financially?
- Do you know if it was profitable in the given month?
- If it was, can you see the profit on your bank account?
- Have you looked at your financial indices and drew the appropriate conclusions?
- Have you analysed the economic ratios that characterise the operation of your company?
- Have you separated the individual project related costs?
- Is there any reserve in the operation of your company?
- Can you make any reserve? If yes, from what source?
- What is the source of the given year’s profit and loss?
- How much is your expired debt stock and how can it be dealt with?
- Would you like to see another cost or revenue structure from your books perhaps?
If you are interested in the answers of these questions and you would like to understand your company’s operation better then we can help you.
By the preparation of tailor made reporting system we help our clients to clearly see the cost and revenue structure of their business as well as the risks and opportunities the figures show.
If required, in the reporting system determined by our clients or by using the jointly created reporting system we can create reports of the given month even within 5-6 working days from the end of that month.