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Contact us and let us take care of your everyday accounting concerns. Confidentiality is our priority.
We provide comprehensive simple accounting services on an outsourced basis according to your requirements and expectations at an affordable price.
Simple accounting is primarily intended for sole traders operating under a trade licence issued by the relevant authority. It focuses on recording income and expenses and is governed by Act No. 431/2002 Coll. on Accounting.
Its main objective is to provide a true and fair view of the entity’s assets and financial position.
What does our simple accounting service include?
I. Accounting, financial, and business consulting
II. Record keeping and administration of:
- income and expenses
- purchase and sales invoice records
- accounts payable and accounts receivable records
- cash book
- bank documents
- fixed assets and short-term assets
III. Preparation of:
- personal income tax returns
- value added tax (VAT) returns
- motor vehicle tax returns
FAQ- Frequently asked questions
Who can keep simple accounting records?
Simple accounting may be maintained by sole traders who meet the conditions laid down by applicable legislation.
What documents do I need for simple accounting?
The required documents mainly include purchase and sales invoices, cash receipts, bank statements, and other documents related to your business activities.
How often do I need to submit my accounting documents?
In most cases, documents are submitted monthly, or according to an individual agreement.
Does the service include tax return preparation?
Yes. Our services can also include the preparation and filing of tax returns.