Friday 13 March 2015

Bookkeeping and Accountancy in a Business


Be it any genre of business, accounting, payroll, and tax form the backbone of a business, and so, it is highly...highly important for a new business to have an efficient and a sound accountancy system. To assist new and growing businesses, there are some of the most professional accountants in Bulgaria which not only offer accounting services, payroll services, and tax services, but also provide complete support in creating a new company in Bulgaria.

Many businesses feel that if they have a reliable bookkeeper, there is no need for an accountant; but, most of the times, it is not so. A bookkeeper might be doing a great job, but, quite possibly, he doesn't have the experience to address any complex issues arising in a business. An efficient bookkeeper would be involved in recording transactions timely and properly, but he wouldn't be aware of the implications associated. It is only a professional accountant that would provide the necessary guidance and management, in addition to making the right decisions, even if the issues tend to emerge at the most inopportune times. Also, a proficient and an experienced accountant would inevitably deliver services like bookkeeping, VAT and VIET returns, Business tax returns, Tax compliance, Tax strategies, Advice on new projects, Payroll compliance, Legal assistance, and many more.

All in all, an accountant could deliver the work of a bookkeeper as well, but a bookkeeper isn't capable enough to deliver a range of services as an accountant could do...
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