Restoration of accounting

Restoration of accounting is the procedure of putting the company's accounting statements into order for the systematization of document circulation, prevention of loss of profits and penalties by the regulatory authorities.

Not all companies and entrepreneurs can display perfect accounting: continuous, complete and comprehensive. At the same time, according to the legislation of the Russian Federation, it must constantly reflects the activities of enterprises, and the tax authorities are meticulous about the data they are provided by the payers. Penalties are levied for inaccuracies and distortions, and their non-payment can lead to blocking company accounts by the regulatory authorities. Incorrect accounting and tax accounting can lead to criminal liability, for example, in the presence of large debts remaining without repayment for three years. Sometimes enterprises face problems at the most inappropriate moment - when reorganizing, selling, developing a new type of activity. To prevent unpleasant consequences, you need to make sure that the company's documentation is in order, and if there are problems - to organize a competent accounting recovery.

To whom to entrust the restoration of accounting?

Restoration of accounting may be necessary even for a well-organized enterprise. Inattention or lack of responsible employees (illness, maternity leave, etc.), staff turnover can lead to omissions, as well as not entering counter-parties' data from primary sources.

Accounting often distorts the negligence of suppliers who neglect timely transmission of information. Another reason for mistakes is misinterpretation of regulations and rules, the method of calculating the tax base, and amount of profit that can lead to systemic and permanent violations. In this case, it will not be possible to restore order only by the staff workers. By attracting employees of specialized outsourcing companies to responsible activities, the owner reduces risks, receives prompt and qualified assistance, and establishes the work of important internal divisions.

«RosCo» professional assistance for restoration of accounting

  • Consulting company «RosCo» rovides services in all accounting areas. Experienced employees are able to quickly identify violations and inaccuracies, adjust the amount of taxes to be paid, bring all primary registers into compliance, and so on.
  • Restoration of accounting can be both complete and partial, regarding paper documents or electronic database.
  • It refers to labor-intensive types of work and requires attention and competence from experts.
  • Our company will perform the work as quickly as possible, observing the confidentiality and safety of the client's information.
  • The price depends on the current accounting condition and he tasks assigned.
  • Regardless of the complexity and type of activity, we will help the customer to establish high-quality and proper work.

«RosCo's»: specialists restores accounting in accordance with the following order:

  • Perform an express audit and a primary assessment of the completeness of the documentation, an analysis of electronic databases (if any), then assess the severity of the problem, the scope of work
  • comprehensively assess the condition of accounting, detail work, negotiate responsibility, goals, tasks with the customer
  • aggregate, draw or restore necessary documentation: reconcile settlements with partners, counterparties, file bank statements, electronic databases
  • correct accounting and tax registers
  • agree the amounts on taxes, fines, arrears, draw declarations, corrections, which the restoration of accounting require
  • draw new, complete statement, submit updated information to the authorities
  • fines and penalties are paid according to them
  • the customer is provided with a report with fixed results on the work done

Restoration of accounting with an individual approach

EachRosCo's client can count on individual approach with fully detailed pricing for services.

The cost of accounting restoration is based on the analysis of a specific situation, after its preliminary assessment.

It depends on:

  • The scope of work and general 'neglect' of case - it is necessary to create a new system from scratch or fix a separate small area (cash, debtors).
  • The need to re-create invoices, acts, consignment bills and other documentation from primary registers.
  • The number of years for which it is necessary to make adjustments.
  • The number of transactions and payments to be processed - this can be determined by bank statements.
  • The number of statements, corrections for which shall be submitted: quarterly, annual forms, the need to restore personnel records.
  • The number of instances in which the corrected documentation shall be submitted and other factors.

Costs of customers for accounting services are compensated by the completeness of support.RosCo's employees will undertake communication with representatives of control and inspection authorities, pay all fines on behalf of the customer and represent it in the funds and tax bodies. Also, the company can perform accounting services to clients after the restoration of accounting. In this case, customers are guaranteed that all processes will be continuous, and the reflection of operations in accounting is accurate and timely.

«RosCo» will undertake:

  • filling of primary documents and general registers on the basis of the restored ones;
  • submission of full financial statements of the legal entity to the auditing authorities;
  • submission of full financial statements of the legal entity to the auditing authorities;

With the support of «RosCo» he regular accounting receives the professional support of experienced experts. If necessary, we will assume all the work processes in the customer's firm. We also provide accounting support during transition to a new type of activity, after a long "idle" of the company and the lack of proper accounting. We will provide all necessary consultations and instantly respond in case of unforeseen situations.

RosCo's specialists are ready to answer the most specific professional questions and offer the best ways to resolve difficult situations.

Which foreigners can remotely open an account with Russian banks?
DOING BUSINESS IN RUSSIA
Which foreigners can remotely open an account with Russian banks?
Our services: https://rosco.com.ru/registration_services/opening_bank_account/ Daria Patapkina, lawyer of the company «Rosco - Consulting and Audit», answered these questions. How can a foreign client remotely open an account in a Russian bank? What is the purpose of approving the list of countries for customer identification? Which countries will be involved in the identification procedure? What should banks do to implement the new account opening mechanism? The Russian Government has recently approved a list of countries whose banks can remotely identify citizens and companies to open accounts in Russian banks. And in the video you will find out what was the reason for this decision? How does a foreigner open an account in a Russian bank remotely? What difficulties may arise in practice? We will tell you about everything, so don't switch! All the most interesting things about taxes, law and accounting from the leading consulting company in Russia "RosCo". WhatsApp: +7( 929) 197-25-50 Tel: +7(499) 444-00-00 sale@rosco.su https://rosco.su/ More information in the playlist https://www.youtube.com/playlist?list=PLsb6UHPckO4uKsaMbHnxTf_buFGNbVG70 Stay up to date with the latest news, watch and read us where it is convenient for you: Telegram - https://t.me/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Facebook - https://www.facebook.com/roscoaudit/ YandexZen - https://zen.yandex.ru/roscoaudit
How to apply for an e-visa to Russia for foreign citizens: instruction
Our services: https://rosco.su/registracionnye-uslugi/bankovskiy-schet/ 01:02 Why did they decide to issue e-visas to foreigners? 02:25 Who can get an e-visa and for what period? Daria Patapkina, lawyer of the company «Rosco - Consulting and Audit», answered these questions. According to FSB statistics, the number of foreigners entering increased by 17.5 per cent over the first quarter of 2023 to just over 3 million entries compared. That’s why, a system for issuing electronic visas to foreign nationals has been launched throughout Russia, acting for convenience and to save time. We will tell you about all the nuances of obtaining an e-visa in our new video. Don't switch! Be sure to watch to the end and support our work with a LIKE!!! Read: https://rosco.su/press/otkrytie-inostrannoy-kompaniey-scheta-v-rossiyskom-banke-instruktsiya/ All the most interesting things about taxes, law and accounting from the leading consulting company in Russia "RosCo". WhatsApp: +7( 929) 197-25-50 Tel: +7(499) 444-00-00 sale@rosco.su https://rosco.su/ More information in the playlist https://www.youtube.com/playlist?list=PLsb6UHPckO4uKsaMbHnxTf_buFGNbVG70 Stay up to date with the latest news, watch and read us where it is convenient for you: Telegram - https://t.me/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Facebook - https://www.facebook.com/roscoaudit/ YandexZen - https://zen.yandex.ru/roscoaudit
Opening bank account for foreign company: instruction
Our services: https://rosco.su/registracionnye-uslugi/bankovskiy-schet/ 01:16 - What does a foreign company need to do before opening a bank account? 06:10 - How can a foreign company open an account in a Russian bank? 06:34 - What benefits can foreigners expect when opening an account? Daria Patapkina, lawyer of the company «Rosco - Consulting and Audit», answered these questions. Companies that are non-residents of the Russian Federation have the right to open bank accounts and place bank deposits in foreign currency and rubles in Russian banks. In this video we tell you how to do this. Regardless of the purpose of opening a current account, foreign companies must first register with the tax office and obtain a Taxpayer Identification Number (TIN). Without the original registration certificate, no bank will open a current account for a foreign company. After this, the company has 2 ways to register with the tax office: independently, or with the involvement of professional companies or through a bank. In addition, in order for a foreign company to open an account, it is necessary to collect many different documents. They were described in more detail in the video. Also, to facilitate the opening of accounts, the President of the Russian Federation signed a Law that comes into force on July 21, 2023. When opening accounts, foreigners or their representatives do not need to be present in person if they have passed identification. Identification is carried out by a foreign bank on the basis of an order issued by a Russian bank. The list of countries whose residents will be able to undergo remote identification will be approved by the Government of the Russian Federation. Be sure to watch to the end and support our work with a LIKE!!! Read: https://rosco.su/press/otkrytie-inostrannoy-kompaniey-scheta-v-rossiyskom-banke-instruktsiya/ All the most interesting things about taxes, law and accounting from the leading consulting company in Russia "RosCo". WhatsApp: +7( 929) 197-25-50 Tel: +7(499) 444-00-00 sale@rosco.su https://rosco.su/ More information in the playlist https://www.youtube.com/playlist?list=PLsb6UHPckO4uKsaMbHnxTf_buFGNbVG70 Stay up to date with the latest news, watch and read us where it is convenient for you: Telegram - https://t.me/roscoaudit Instagram - https://www.instagram.com/rosco_consulting/ VK - https://vk.com/roscoaudit Facebook - https://www.facebook.com/roscoaudit/ YandexZen - https://zen.yandex.ru/roscoaudit