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Bookkeeping & accounting

SERVICE YOU CAN TRUST , EXPERIENCE YOU CAN RELY ON

 

As a leading national accountant firm, Ted Consulting offers the full range of accounting services for companies registered in Bulgaria. We have served businesses and individuals, from start-ups to established enterprises throughout the region with proven accounting, accurate record-keeping and advisory solutions. Building upon our core tax and audit solutions, we are continually expanding and enhancing our service offerings to meet the needs of our clients and to help you achieve your objectives.

 

Ted Consulting represent an unmatched depth and breadth of expertise with the highest level of commitment to service and personal attention.

• Design the Company's accounting policy, valuation methods and ledger accounts.

• Maintain the sales and purchase ledger on behalf of the Company .

• Monthly keeping of accounting registers according NAS, IAS and IFRS.

• Daily accounting check-up.

• Operating book-keeping

• Monitoring and control of cash flows .

• Calculate "benefit in kind" given to employees as appropriate under local law.

• Ensure that appropriate authorisation is sought for expenditures with the Company (in line with Authority Limits set for the Managing Director).

• Ensure that all invoices are stored securely and kept for at least the mandatory period (as imposed by local law).

• Representation before the tax authorities, National Insurance Institute (NII), National Revenue Agency (NRA) and other state authorities.

• Providing interim financial reports for management purposes.

• Annual financial balance, declaration and reports, and representing company for the annual fiscal report in front of National Revenue Agency.

• Monthly Corporate Income Tax (CIT) and Value Added Tax (VAT) compliance.

• Preparation of amortization schedule for fixed assets.

• Registration of a cash register.

• Administrative, filing, reporting and other services.