Steps in financial and management accounting setup
We analyze the specificity of your company’s operations along with tax and labor laws applicable in your industry. We also examine your accountancy system, if any, to identify its weaknesses and strengths.
Development of accounting policy
Based on the information thus raised, we develop an optimal policy allowing for cuts in expenditures and timely provision of any data on the company’s financial state, on the one hand, and minimization of tax risks, on the other hand.
Documentation system creation
We’re ready to create a paperflow system (russian legislation still does not encourage electronic versions of most documents), and to organize an e-document turnover system (including for legally significant papers).
Charter of accounts
We help create a plan for books of accounts with an eye on the latest requirements of the ministry of finance.
Methodological support of accountancy / erp systems (optional)
We ensure compliance of all your systems with the requirements of the russian law and their user-friendliness.
Compiling mandatory document packages
We create templates for basic documents related to financial and economic operations.
Management accounting setup
Drawing on earlier prepared documents and systems, we organize managerial accountancy (collecting and analyzing financial information to make managerial decisions).
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Currently, over 90% of Unicon Outsourcing’s customers use fast close. We take pride in helping our clients promptly get reliable accounting data that they need to go about their business.
USE ADDITIONAL 1C SETTINGSThose settings allow us to obtain the information we need to compile a management report directly from the operations an accountant is doing in the system without wasting time on transforming reports.
USE A SPECIAL ADD-ON (IF NEEDED)In some situations (for example, when a company has many cost centers), we use a special add-on that allows us to conduct parallel accounting under RAS and IFRS.
PLAN WORKLOAD IN ADVANCEWe always make advance plans and distribute the load of our accounting team serving a client accordingly, so that our employees can set aside time for reconciling accounts and balance sheets, preparing reports and conducting other necessary operations.
AUDIT AND CONSULTIf needed, Unicon Outsourcing specialists can conduct an express audit of the accounting department and provide advice on ways to streamline accounting paperwork of a client company and its interaction with the suppliers to make sure that paperwork-related delays do not get in the way of a fast close.
Why setting up financial and tax accountancy with Unicon Outsourcing
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