Accounting

UNDERSTANDING YOUR COMPANY'S CHALLENGES, GOALS AND NEEDS IS JUST THE BEGINNING.

Our integrated approach covers all stages, including the design and implementation of accounting and tax processes. A successful change requires regeneration of all the processes “from top to bottom”, beyond just focusing on results. By the attunement of your tax and accounting strategies to your business goals, the accounting function will become a strategic asset that adds value to the entire company.

ACCOUNTING / BOOKKEEPING SERVICES

• Management of daily accounting processes
• Keeping the statutory books within the framework of Turkish Commercial Code, Tax Procedures Law and Uniform Accounting System which became mandatory with the Communiqué of the Ministry of Finance
• Review of accounting records in accordance with the Turkish Accounting Principles.
• Confirming the accuracy of balance sheet items by reconciliations
• Preparing of monthly and annual trial balances, balance sheets and income statements
• Preparating monthly BA-BS reconciliations and reporting these records via e-declaration
• Preparing all the monthly, quarterly and annual tax and other declarations (balance sheet, income table, cash flow statement etc.) in accordance with the accounting records and submitting these reports within the framework of Turkish Accounting Principles and other legal regulations

TAX RETURN PREPARATION SERVICES

• Preparation of tax returns (VAT, Withholding Tax, Advance Corporate Tax, Corporate Tax, Stamp Tax etc.) in compliance with with tax legislation and/or electronic declaration to tax office
• Electronic declaration of tax returns to the tax office
• Preparation of other reports to be submitted to the tax office apart from the declarations and submitting electronic declarations

PAYROLLING SERVICES

• Preparing wage payrolls including tax and social security withholdings
• Adjusting monthly payroll summaries and reports specified by the clients
• Preparing and submitting monthly Social Security Institution (SSI) declarations
• Preparing statement of employment and statement of termination of employment
• Preparing employee's personnel file
• Providing registration services and obtaining e-declaration password for the companies and/or their branches for tax, SSI (Social Security Institution), and Regional Directorate of Labor

REGISTRATION / APPLICATION SERVICES

• Tax office registration processes
• Social Security Institution (SSI) registration processes
• Obtaining potential tax numbers for non-resident entities

ACCOUNTING / FINANCE / PAYROLL LOAN STAFF SERVICES

• Recruitment of part-time or full-time competent accounting and finance personnel

REPORTING SERVICES

• Transition from other nations' GAAP to local GAAP
• Transition from local GAAP to other nations' GAAP
• Chart of accounts setup and transition support