Bookkeeping is one of the most important aspects of any business. Accurate recording of income and expenses helps avoid fines, optimize taxes, and keep your business under control. But what exactly does bookkeeping services include and how is the price formed? In this article, we’ll take a detailed look at the services offered by a bookkeeping company, what affects the price, and how to choose the best plan for your business.
What does bookkeeping include?
Bookkeeping services are a comprehensive offering that includes:
- Income and expense tracking
Regular recording of all financial transactions: purchasing goods, paying for services, and settlements with suppliers and clients. This is the foundation of transparent reporting and financial planning.
- Preparation and submission of tax reports
Timely and accurate preparation of all tax reporting forms, including declarations, payments, and reconciliations with tax authorities.
- Consultations and client support
Professional assistance with any accounting questions: tax burden calculations, expense optimization recommendations, and answers to non-standard situations.
- Preparation and processing of primary documents
Creating and correctly processing invoices, delivery notes, work completion certificates, and other primary documents needed to confirm business transactions.
- Keeping up with changes in tax legislation
The accountant always stays up to date with the latest tax law changes to quickly adapt the accounting policies to current requirements.
Thus, comprehensive bookkeeping frees entrepreneurs from routine work and minimizes the risk of mistakes.
Factors that influence the cost of bookkeeping services
The cost of bookkeeping services is determined by several key factors:
- Business size.
The larger the company and the higher the volume of operations, the more bookkeeping costs increase. Services for a sole proprietor and for a large LLC will differ in price.
- Document turnover volume.
The number of documents processed monthly directly affects the cost. The more invoices, bills, and acts there are, the more time an accountant will need.
- Number of employees.
If a company has employees, the bookkeeping service also includes payroll calculations, tax calculations, and preparation of HR documents.
- Additional services.
In some cases, HR management, preparation of internal reports, and support during tax inspections are also required – all of which increase the cost of bookkeeping services.
It is important to consider these factors when choosing a plan – this will help you find the best solution for your business.
Example prices for bookkeeping services
The cost of bookkeeping services can vary significantly depending on the company and the service package. On average, for small businesses, prices start at 1000–1500 MDL per month. This typically includes basic services: bookkeeping, report preparation, and consultations.
For companies with a larger document flow and employees, rates can reach 3000–5000 MDL per month and higher. In this case, the full range of bookkeeping services is included, such as HR management and more complex operations.
On our website, you can find a detailed price list to see current rates and choose the best option for your business. See bookkeeping service prices
Why it’s beneficial to trust bookkeeping to professionals
Working with professional accountants from Intelcont.md is not just about convenience — it’s essential for stable business growth. Here are the main reasons:
- Reduced risk of fines.
Mistakes in calculations or late submission of reports can lead to serious fines. Professional accountants know all the nuances of the legislation and help you avoid these risks.
- Time savings.
You can focus on growing your business instead of spending hours on routine paperwork. This is especially important for managers and entrepreneurs who value their time.
- Expert advice.
An accountant is always ready to advise you on tax optimization, deductible expenses, and proper financial accounting practices.
- Flexibility and tailored solutions.
Depending on the specifics of your company, the accountant will develop the best solution: from basic support to full accounting and HR management.
Conclusion
Bookkeeping is not just numbers and reports. It’s the confidence in your business’s financial stability and the ability to focus on its growth. It’s important to understand what bookkeeping services include, what affects the price, and why it’s worth trusting the work to professionals.
If you’re looking for a reliable partner for accounting, Intelcont is always ready to help. We provide a full range of services, an individual approach, and professional support.
Want to know how much bookkeeping will cost for your company?
Contact our specialists for a consultation and to find the best solution for your business.
