Financial Accounting - Who Was Luca Pacioli?
In 1494 Luca Pacioli, the “Father of Accounting," finalized the guidelines and methods of what we know to be the double-entry accounting system (Doppelte Buchhaltung). This Italian mathmetician put in stone the foundation of what is still used by millions today. Everyone required or opting into using the double-entry accounting system will be well versed in handling the debits and credits. If you aren't, we can be for you!
In recent years, the demand for outsourced financial accounting services have dramatically changed. In large part, this stems from the accelerated demographic change and the technological advancements, requiring innovative solutions in some areas. This affects in particular commodity accounting services, but also various other industries that require financial accounting.
You Are Looking For Someone…
- Who can take the paperwork off your hands and do the bookkeeping for you externally
- Who can relieve your bookkeeper during vacation, sick leave, etc.
Do you want to be able to give more of your attention to your core business without the accounting distractions?
Give Us Your Bookkeeping!
- We will maintain and keep track of your accounts with our system, which you can access online at any time.
- Are you worried about handing over everything? While we are able to take over the entirety of your bookkeping, we can also agree on which sections you keep and which ones we take over. Our FALCON Portal gives you this flexibility (co-sourcing). This is compatible with your upstreaming systems and allows the importation of selected data into our accounting system, which lets us handle bank transactions automatically. Within a few days after the end of the month, we are able to deliver you a short-term income statement, in the desired format, that best lets you derive decisions out of it.
- Would you prefer to have us on site at your company? Using your system?
Let's talk about what you need!
No matter what your accounting needs are, we are able to step in to assist or fill what is needed. With our modern electronic accounting software, we offer you the option of placing your entire accounting system in our expert hands. Or, if you prefer, only certrain sub-areas, such as the documentation of incoming invoices. Our service in this field is very flexibile and can be catered to your precise needs.
Co-sourcing allows you to work with us in the way that you see fit. Whether you prefer to outsource the entire accounting department or only certain areas within it, we can work to fill in the gaps. Reach out to us and we can make a tailor-made offer, where you save time and money and are still able to have an overview of your finances at any time.
Another advantage of our service is access to your data. Thanks to electronic availability via our FALCON Portal, you have access to the relevant information at any time, from anywhere. If you want, even from your smartphone. This not only provides you with prompt and transparent insight, but also promotes smooth communication between your company and our accounting team.
We understand the sensitivity and confidentiality associated with financial data and use state-of-the-art security measures to ensure the integrity of your information. Rest assure, your accounting is in experienced and trustworthy hands. In the words of the Father of Accounting, we too do “not go to sleep at night until the debits equal the credits.” This has not lost its value over the times.
Get in touch with us now!
Give us the opportunity to manage your accounting efficiently and professionally so that you are able to concentrate on the essentials - to grow and further develop your company.
We are here for you - however you need us!
Bookkeeping - Doing it Yourself
Are You at the Beginning of your Self-Employment and Want to Keep Costs at a Minimum?
Do you want to have an up-to-date overview of your company's income and expenses at all times? Then an APP accounting software could be just what you need!
The APP is an accounting software that, first and foremost, carries out your bookkeeping in a simple and efficient manner. Invoices can not only be conveniently scanned and uploaded directly via the APP, but you can also effortlessly create invoices. This alone allows for a breezy Advanced VAT Return, which can now be processed and submitted in under 2 minutes!
The APP also allows you to link your business account to the system, where you are then able to process payments and immediately allocate them to the appropriate accounts. Questions regarding the APP system can often be handled with the APP Support Team at any time. Should there be a tax-related question with any of the bookings, we also offer online support through the site or through E-Mail or a quick call.
Get in touch with us now!
Make your life easier and concentrate on the essentials, your business. Contact us today for a no-obligation consultation and find out more about our DO IT YOURSELF BOOKKEEPING.
We are here for you - to make it easier for you!
Accounting and Reporting - Local GAAP, IFRS or Something Else?
Are You Looking for a Local Consultant with Expertise in your International Accounting and Reporting Issues?
Or simply to have a fellow Muskateer to support you in your corporate life within the Group?
From the
- preparation of the package
- local accounting (local GAAP) through to group
- Group accounting in accordance with international standards (IFRS)
We offer tailor-made solutions for your company.
Our experienced team of English-speaking specialists will ensure that your financial reports not only meet the strict requirements of group accounting, but also comply with local legal requirements.
You can rely on us for both the timing and accuracy of your various deadlines to provide you with clear insights into your financial position and meet your Group reporting obligations.
We Support You!
- digitally through our system of your Chart of Accounts (CoA)
- online through your system by our team in Vienna-Budapest-Bratislava-Prague
- on site with your team, if you wish…
Get in touch now!
Leave the reporting to the professionals and concentrate on the essentials - your company. Contact us today for a no-obligation consultation and find out more about our customized reporting services.
We do it for you - so you have one less thing to worry about!
Budgeted Accounts - Do You Prepare Them?
Do you Need to Look into the Crystal Ball?
Do your investors, parent company, or even the bank want you to do this? Are you able to do it alone?
We support you with
- the annual (mandatory!) budgeting and, if desired, the corresponding reporting within the Group. The revenues and expenses are broken down according to your requirements (by business areas, projects, etc.) and presented according to the circumstances of the respective industry.
- The transmission of your budget figures to the financing house bank: in particular for the annual assessment of the financial situation (rating) or often also for negotiations with banks, appropriate liquidity planning and reporting is necessary. We will not leave you on your own and will represent you emphatically vis-à-vis the bank.
- company valuationin the course of reorganizations, sales, donations, based on your planned figures
- the preparation of a going concern forecast, if necessary
When it comes to determining the quantities and the pricing of them. We are able to offer our tools, BMD or Business Planner, or use one that you have already implemented, to produce these accurate numbers.
Get in touch now!
Leave this tricky topic to the professionals and concentrate on the essentials - your company. Contact us today for a no-obligation consultation and find out more about our customized planning services.
We're here for you - so you're not flying blind!
Controlling - Do You Have the Overview You Need?
Wondering Where You Stand Before the End of the Year?
By continuously comparing the planned figures with the actual figures achieved, management is able to pivot and restrategize to reach goals.
You are able to access data that is transfered electronically from our accounting system to your planning tool. This can be viewed in many formats, monthly or quarterly comparisons. You name it, and we can deliver it.
You'll sleep more soundly knowing where you stand on the fly!
Get in touch now!
Leave the management basics to the professionals and concentrate on the essentials - your company. Contact us today for a no-obligation consultation and find out more about our customized controlling services.
We're here for you - to keep you on the right track!