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22/12/2024
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Things you need to know when using full accounting services

For small and medium-sized businesses, they will often choose a full accounting service to ensure safety and maximize cost savings. Accounting services are considered a necessary service for businesses because this service will complete legal paperwork with the Tax authority, invoices, documents, etc. To help you get more information about the service. Saco Inc will share this case with you through the article below.

What is the definition of full accounting service?

Full package accounting service is understood as an organization or individual with human resources not under the management of the Company or Enterprise. This organization and individual will undertake the work of an accounting department within the company, including chief accountant, making tax reports, financial reports, performing accounting documents, tax consulting, etc. ..

Accounting services will help businesses know their capacity and business potential in each stage. This will help businesses save unnecessary costs. This is also one of the reasons why businesses find optimal methods for accounting costs.

4 reasons why businesses should choose full accounting services?

Complete accounting services bring many advantages to businesses. Businesses should choose this service because:

  • Personnel and accounting software costs are flexible and depend on the number of documents and level of expertise. For some small companies with few documents and simple operations, it will be more cost-effective to hire an accountant to do the job. The cost level will be increased equivalent to the publicly agreed volume of work.
  • Investment costs are maximized because businesses do not need to invest in offices or equipment. From there, it helps businesses streamline their apparatus.
  • The expertise of the full package accounting service is highly specialized. The implementation process is clear and strict, with comparison and censorship when submitting reports to tax authorities. The operational department is continuously updated with information and legal decrees related to accounting.
  • The accounting service provider will commit and be responsible for the documentary data and explain the documentary data to the tax authority.

Process steps of full accounting services

The comprehensive accounting service provided to businesses will include the following steps:

  • Advising businesses on issues related to accounting and tax activities.
  • Help businesses register for taxes when starting to establish
  • Report in accordance with the provisions of the Tax Law such as VAT, personal income, corporate income,...
  • Make reports on invoices such as notification of invoice issuance, use of incorrect or damaged invoices, handling procedures related to invoices.
  • Prepare tax reports and tax declarations including: VAT report, Personal income tax report arising in the month and quarter, Corporate income tax report at the end of the year.
  • Record accounting books and arising documents to ensure they match the tax declaration
  • Prepare financial reports with accounting results
  • Drafting procedures for issuing invoices and registering assets
  • Perform statistical reports with statistical agencies according to regulations
  • Enterprise representative to explain data to tax authorities when there is an inspection

Choose full accounting services at Saco Inc

Currently, there are many units providing full accounting services, but choosing a service that is reputable and highly appreciated by many customers is not easy. Saco Inc - is one of the companies specializing in providing accounting services that businesses choose and trust when cooperating.

Coming to Saco Inc's accounting services, customers will receive quick, timely and accurate advice and support. The accounting staff has many years of experience and has been methodically trained and highly professional. It will definitely help businesses solve cost problems when choosing a full accounting service.

Above are some things you need to know when using full accounting services for businesses. Accounting services are now gradually becoming popular for every business, helping businesses save maximum costs. If you need advice and support on accounting services, please contact Saco Inc today

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