Restoration of accounting and tax accounting
Restoration of accounting and tax accounting is a set of operations aimed at making changes to the documentation of accounting and tax reporting for previous periods, in accordance with the general requirements of the legislation of the Republic of Kazakhstan.
Since this is a rather important issue, it is worth seeking qualified assistance from the outsourcing company for the provision of accounting services “Daxiko Company». Since only a professional will be able to conduct a competent analysis of the organization’s documents and correctly restore accounting.
In what cases is the restoration of accounting and tax accounting required?
This service may be required by absolutely anyone, even a well-organized enterprise. Often, one minor mistake in accounting can lead to a number of violations and problems during government inspections. For this reason, in order to avoid fines and serious consequences, we recommend that you first take care of putting all documentation in proper form.
We carry out the restoration of accounting and tax accounting in the following circumstances:
- Change of founders;
- Loss of documentation for a number of reasons;
- Incorrect reporting;
Removal of an incompetent accountant from office; - Inconsistency of primary accounting documents and final reports;
- Lack of accounting for a long time;
- Damage or complete loss of reporting as a result of emergency situations;
- The accrual of fines and penalties, if violations are found in the documents.
Types of restoration of the organization's accounting department
Depending on how much accounting data needs to be processed, the following types of recovery are distinguished:
- Full — recovery, in which work is carried out with all categories of accounting documents;
- Partial — restoration, which involves the processing of certain accounting sections, for example, documents on fixed assets or banking transactions.
Stages of restoration of accounting documentation
The process is quite complicated and takes from 1 to 12 weeks. The performance of services by Daxiko specialists begins after discussing the details of the work with the client and concluding a contract. Let’s look at the documentation processing operations performed by our accountants, step by step:
1. Conducting an accounting audit.
The procedure is necessary to assess the scope of work and determine further tasks. At this stage, the documents available in the client’s organization are analyzed for errors and sorted. As a result, the customer receives a report on the inconsistencies found and recommendations for their correction.
2. Preparation of technical specifications and development of an action plan.
After the specialist of the outsourcing company has familiarized himself with the state of the financial and economic activities of the enterprise, a plan of upcoming events is drawn up. The plan specifies the tasks and deadlines for their completion. The finished plan is approved by the customer of the services.
3. Creation of new accounting registers.
This is where the technical specifications are implemented, primary documents are adjusted or re-created. Based on this, new accounting registers are formed and the corresponding declarations are filled in.
4. Preparation and submission of reports.
Before reporting, reconciliation of settlements with counterparties is carried out. At a time when all errors have been corrected, missing documents have been created and absolutely all data matches the indicators of the partners, reports are being generated to submit them to the tax inspectorate.
5. Development of recommendations for the client.
After completing all the tasks, the customer is given practical advice on proper accounting in the future. If the employees of the organization follow these instructions, then there will be no more problems with accounting.
What determines the cost of the service at Daxiko Company
The restoration of reporting by Daxiko specialists includes the following list of services:
1. Accounting audit;
2. Restoration of primary documents;
3. Verification of documentation for compliance with legislation;
4. Checking the fulfillment of tax calculations;
5. Consultation of employees of the financial service on accounting.
There are the following factors that affect the cost of accounting restoration services:
- The amount of operations required;
- The tax system on which the client is located;
- Type of accounting restoration (full or partial);
- The urgency of the work.