Accounting servicesBaker Tilly Baltics outsources accounting services to foreign and local entities, branches and representative offices in Latvia, holding companies, sole proprietors and self-employed persons.
Accounting is provided in accordance with the statutory provisions of Latvia, national Accounting Standards and/or International Financial Reporting Standards, using Baker Tilly Baltics office premises and software accounting programs. Accounting services available to the clients are as follows:
- Accounting
- Preparation of financial statements
- Internal reporting
- Payroll calculations
- Invoice billing and processing
- Preparation and execution of bank transfers
- Preparation of tax returns and reports
- Tax electronic declaring
- Drafting of accounting manuals, procedures and instructions
- Contact address in Latvia
- Consultations
All services are priced by hourly charge-out rates stipulated in the agreement signed with a client. Fixed monthly fee is available, but only if number of hours or number of transaction documents does not exceed an upper limit stated in the agreement.
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