Estonia accounting services is an orderly system of collecting, recording and summarizing information in monetary terms about the property, liabilities of the organization and their movement by means of a complete, continuous and documented record of all economic transactions.
The enterprise is obliged to calculate the tax burden arising in the framework of economic activity in a timely manner, as well as to submit the necessary tax declarations and pay the taxes stipulated by the legislation.
The organization of accounting is the responsibility of the board of the company, which can maintain the accounting itself, invite to this position a full-time accountant or use the service of the company offering professional accounting services on the basis of outsourcing.
Accounting service of the enterprise includes processing and ordering of information on cash flow of organizations in accordance with the legislation of Estonia.
The main task of estonia accounting services is the formation of complete and reliable information (accounting reports) about the activities of the organization and its property position, necessary for internal users of accounting records on the basis of which it becomes possible:
Control. This function provides some control over the movement of labor, money, for timely settlement with the state.
The information function is a source of information for all units directly of the enterprise and higher institutions. The main quality of this function is responsiveness
Safety of property. Directly dependent on the current accounting system, warehouses, specialization
Analytical Function. The accounting assistance to this function is that it exposes the organization’s weaknesses and also examines ways to improve the organization’s performance.
Feedback function. Here everything is clear, accounting forms and transmits feedback information.