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Financial Accounting

Financial accounting as foundation of your company

When building a house, a solid and reliable foundation plays a crucial role. You should attach just as much importance to a well-organised financial accounting as foundation of your company. A poorly-managed financial accounting has an impact on all areas of a company, and may lead at worst to a company’s insolvency.

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Customized solutions

In our view, a well-managed financial accounting goes far beyond a purely mechanical entry of supporting documents. Bearing in mind that different companies need different solutions tailored to meet the specific needs of the respective company with due regard to the statutory requirements, we ensure that our qualified employees who handle your financial accounting have a solid understanding of your company and your business model. We are convinced that this is the only way to ensure that your individual business processes are correctly reflected in the financial accounting within the framework of statutory requirements.

Furthermore, when entering supporting documents we seek to identify potential risks and pitfalls, e. g. related to VAT within the context of invoicing in case of international supply of goods and services, and communicate them to you in a timely manner.

Comprehensive reporting

A comprehensive reporting goes hand in hand with your book-keeping. This controlling-reporting provides you with an overview of the evolution of your revenues and expenses, allowing you at the same time to get a deeper insight into the financial or liquidity position of your company. In this way you will be able to take necessary measures in good time.

 

Please note

Although we would, of course, like to offer financial accounting services for all existing sectors, yet there are some sectors which require specific know-how and a certain degree of specialisation. For this reason, we deliberately refrained from including the following areas in our range of services:

  • Financial accounting for construction companies
  • Financial accounting for catering trade
  • Financial accounting for the automotive industry

In case you need financial accounting services for these sectors, please feel free to contact us nevertheless. We will be happy to put you in contact with our colleagues who are specialised in this field and thus, have the relevant professional experience.

Our range of services, digital & future-oriented

  • Digital organization and optimization of your accounting
  • Preparation of timely profit and loss accounts for ongoing corporate management
  • Digital management of open items (accounts receivable and accounts payable)
  • Management of ongoing financial accounting
  • Professional support and quality assurance for your internal financial accounting
  • Monthly or quarterly digital reporting
  • Introduction of cost and performance accounting systems
  • Process-accompanying migration and integration of national financial accounting into international group financial accounting and ERP systems

Also as regards financial accounting, we focus on continuously increasing efficiency, among other things by performing electronic bank accounting or using digital record keeping, for example by use of the software DATEV Unternehmen Online.

In the event that you do not wish to outsource your book-keeping completely, we offer the opportunity to split your financial accounting. In this case we will handle only some specific parts of your accounting. Of course, we assist you in choosing a suitable accounting software which is compatible with our systems, and has an appropriate interface for a fast and cost-effective transfer of your data.

Furthermore, we offer training for your accounting staff. Additionally, we keep you informed on a regular basis about current, important legal changes in fiscal and commercial law.

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