Services
Accounting and tax services for businesses
Everything below falls within ordinary accounting practice in Finland. You can choose a single service or let us handle the whole annual cycle, from the first receipt to the tax return.
Bookkeeping
Ongoing recording of sales, purchases, bank transactions and receipts, kept in order month by month.
We record your business transactions in accordance with the Finnish Accounting Act: sales and purchase invoices, bank statements, cash receipts and other vouchers. Entries are matched against your bank accounts so the books reflect what has actually happened.
You agree with us how material is delivered and how often, and we keep your general ledger and journals up to date. Regular bookkeeping gives you a reliable picture of the business between year-ends and provides the basis for VAT returns and financial statements.
Typically includes
- Recording of sales and purchase invoices
- Bank reconciliation
- General ledger and journal
- Periodic reports on request
VAT and periodic tax returns
Calculation and filing of VAT and employer contributions for each reporting period.
Based on your bookkeeping we calculate the VAT payable or refundable for each period and prepare the periodic tax return for self-assessed taxes. We keep track of the reporting periods that apply to your business.
If your business has special VAT situations, such as intra-EU trade or reverse charge, we go through them with you so they are reported correctly.
Typically includes
- VAT calculation per reporting period
- Periodic tax returns for self-assessed taxes
- Reconciliation with tax account
- Guidance on VAT treatment
Payroll administration
Salary calculations, payslips and the related employer reporting.
We calculate salaries and fees for your employees, prepare payslips and take care of the employer reporting that follows from each payment, including reporting to the Incomes Register.
We also handle the routine items around payroll, such as withholding tax, pension and insurance contributions and annual summaries, according to the information you provide.
Typically includes
- Salary and fee calculations
- Payslips
- Incomes Register reporting
- Employer contribution calculations
Financial statements
Year-end closing, balance sheet, income statement and the accompanying notes.
At the end of each financial year we close the books and prepare the financial statements: the balance sheet, the income statement and the notes required for your company form. Where needed, we coordinate with your auditor.
We also prepare the documents a limited company needs to file the financial statements with the Trade Register and explain the figures to you before they are signed.
Typically includes
- Year-end closing entries
- Balance sheet and income statement
- Notes to the financial statements
- Coordination with your auditor
Tax consultancy
Income tax returns for businesses and practical advice on tax questions that affect them.
We prepare the annual income tax return for your business on the basis of the financial statements and answer the tax questions that come up in day-to-day operations.
Typical topics include the tax treatment of investments and expenses, dividend distribution in a limited company and the tax consequences of changes in the business. We explain the options and their effects so you can make an informed decision.
Typically includes
- Business income tax returns
- Advice on tax treatment of expenses
- Dividend and distribution questions
- Correspondence with the Tax Administration
Accounting for new businesses
Setting up the books and routines when you start a company or change company form.
When you start a business, the first decisions on accounting have long-term effects. We help you set up a chart of accounts, agree on a routine for delivering material and register the business for the relevant tax registers.
If you are changing company form, for example from a sole trader to a limited company, we help you plan how the change affects your accounting and taxes.
Typically includes
- Chart of accounts and routines
- Tax register guidance
- Choice of financial year
- Support when changing company form
How fees are agreed
We do not publish fixed prices, because the work depends on the size of the business, the number of transactions and employees, and the services you choose. After a first conversation we send you a written offer that describes the scope of work, so you know in advance what is included.