Data Security: Handling sensitive employee information requires robust data protection measures. Payroll solutions provided by 6-pence include advanced security features to protect employee data, ensuring confidentiality and compliance with data protection regulations.
Cost-Effective: Top Outsourcing Agency in Iraq can be more cost-effective than maintaining an in-house payroll team, especially for small and medium-sized enterprises (SMEs). It eliminates the need for investing in payroll software and training staff, allowing businesses to focus on core activities. |
Accountancy services (accounting in Estonia, Latvia, Lithuania)
The concept of outsourcing some activities relating to the company’s day-to-day operations has proved to be an effective method of improving performance in many countries. Many companies have found it beneficial to eliminate all departments that are not directly related to their primary line of business: sales, production, or services. We offer accounting services to small and medium businesses(service of accounting in Latvia, Lithuania or Estonia only) providing efficient and friendly service offering cost effective solutions for your accounting and payroll-related needs in any of Baltic states. We realize full financial analysis of accountancy and timely notification to manager about any risk which endanger successful development of business. We manage making accounting reports, all necessary accounting documents related to Latvia and delivering them to State revenue service, Central Statistical Bureau and other institutions of the Republic of Latvia. Our accounting in Latvia services include: Financial accounting and reporting Accounting for special purposes (payroll accounting, accounting in the client's system, assistance to foreign clients in the completion of VAT returns etc) Preparation of annual accounts Preparation of regulatory documents (i.e. internal accounting rules) Communication with the Tax Authorities Complete management of the company's accounts Day-to-day accounting advisory services We continue to co-operate with the client beyond doing the books and reports. At this stage our services include, but are not limited to, supervision of bookkeeping activities performed by the client and assistance in solving accounting problems. Our services also include: Ad hoc assistance for internal finance personnel, finance controllers and management on accounting and tax issues Assistance during statutory or internal audits Conducting regular reviews of accounting documentation and procedures Implementation of a model for accounting transactions in the single currency used by the group Implementation of a reporting model for group reporting purposes Development of a methodology for drawing up and controlling the company’s budget Optimization of the financial and accounting function in any of the following countries - Latvia, Lithuania or Estonia Changes of internal and external conditions and volumes often give rise to new problems and challenges for any company. We help our clients to identify and implement the most advantageous solutions. We offer a wide range of services supporting the organisation and operation of accounting and financial services, in particular: Evaluation and benchmarking of existing financial and administrative functions Solutions to specific accounting problems relating to merger, reorganization, insolvency and liquidation Assistance in selecting and implementing accounting systems Formulating and streamlining the existing accounting and financial control procedures Implementation of “Fast Closing” procedures Implementation of an onsite or offshore shared service center across multiple locations and countries Updating selected procedures/ rules governing proper business transaction recording processes (e.g., preparation, circulation and verification of accounting documents); ensuring the effective flow of financial information and documents |
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