Services Magrat

Monthly accounting service

Keep your company compliant by doing timely accounting. We will help to keep your company in good standing by timely processing source

 120
month
Experts
Hanna Klimova
Jelena Aasma
  • hourly fee is charged for additional consultations or dealing with complex business transactions
  • preparation of annual reports

Included in the minimum monthly fee of 120 EUR:

  • tax accounting and filing tax returns
  • accounting of loans and interest calculations
  • fixed assets accounting
  • preparation of balance sheet and income statement upon request
  • preparation and processing of payroll reports
  • 30 minutes of additional accounting consultation (including availability for answering questions via email and messengers)

Total cost of the monthly accounting service depends on the number of transactions. Each accounting source document generates one transaction. Examples of accounting source documents are: entry in a bank statement, invoice, sales invoice, purchase order, etc.

A fee of 2.7 EUR per transaction is applied. In case of transactions with securities a fee of 5 EUR per transaction is applied.

  • Example: monthly service fee in case of 20 transactions per month:

120 + 20 * 2,7 = 174 EUR

Income and social tax returns and VAT returns are due on the 10th and 20th of each month respectively. We honour these deadlines if the client provides previous month’s source documents by the 5th date of each month.

Available for an extra fee
  • hourly fee is charged for additional consultations or dealing with complex business transactions
  • preparation of annual reports
Included

Included in the minimum monthly fee of 120 EUR:

  • tax accounting and filing tax returns
  • accounting of loans and interest calculations
  • fixed assets accounting
  • preparation of balance sheet and income statement upon request
  • preparation and processing of payroll reports
  • 30 minutes of additional accounting consultation (including availability for answering questions via email and messengers)

Total cost of the monthly accounting service depends on the number of transactions. Each accounting source document generates one transaction. Examples of accounting source documents are: entry in a bank statement, invoice, sales invoice, purchase order, etc.

A fee of 2.7 EUR per transaction is applied. In case of transactions with securities a fee of 5 EUR per transaction is applied.

  • Example: monthly service fee in case of 20 transactions per month:

120 + 20 * 2,7 = 174 EUR

Timing

Income and social tax returns and VAT returns are due on the 10th and 20th of each month respectively. We honour these deadlines if the client provides previous month’s source documents by the 5th date of each month.