Accounting and reporting
Accounting services are the core business of KR Group. Our priority is to ensure clients accounting support that is always on time and in compliance with the highest quality standards.
Our accounting teams in Poland, Czechia, Hungary and Romania conduct full accounting for companies, ensuring that the books are maintained in compliance with local legal regulations.
We tailor our accounting and reporting services to meet expectations in formal and substantive terms, in compliance with the deadlines required by the client.
Our strong suits:
- Dedicated team. Each of our clients is served by an experienced accounting team specializing in the specific industry.
- Individual and flexible approach to the client’s needs. We approach our support for each client individually, flexibly tailoring our services to the client’s changing needs and expectations.
- Many years of experience serving individual companies and large capital groups. In nearly 20 years on the market, we have maintained accounting for firms of various sizes representing a wide range of industries and sectors, developing unique solutions ensuring efficient application of technology and staff skills.
- Best, reliable IT systems supporting accounting services. In serving our clients, we use a wide spectrum of IT solutions in our daily work.
- Our principal accounting system is HansaWorld, a tested and scaled solution, easily adaptable to individual needs, and enabling support for companies of various sizes regardless of sector or specialty.
- We also have a wealth of experience maintaining books in SAP, the world’s most popular management support system. Our knowledge of various versions of SAP allows us to offer efficiencies and solutions fully exploiting the potential of the system and streamlining accounting and tax processes.
- We enable remote access to accounting software — access to defined reports, the ability to issue sales invoices and enter documents by the client’s staff or property managers.
- We also offer a document circulation system — an easy-to-launch solution streamlining the exchange of documents (invoices) and the approval process within the organization. The system learns users’ behaviour and automatically adjusts procedures, result in significant time and cost savings.
We assume full responsibility for your company’s accounting!
- Maintaining accounting books in compliance with the Accounting Act
- Preparation of accounting policy in compliance with legal regulations and the client’s requirements
- Verification and classification of source documentation
- Booking of cost and income documents according to the client’s guidelines where required (e.g. cost centres)
- Oversight of issuance of invoices and verification of correct recording in the books
- Maintaining register of fixed assets and calculation of amortization
- Booking transactions from bank statements and settling accounts (receivables and payables)
- Preparing formal documents for setoff and confirmation of outstanding balances
- Drafting reminders and demands for payment
- Informing the client of the balance of specific accounts
- Preparing declarations for VAT, CIT, real estate tax, and other local taxes
- Preparing other reports required by state and administrative institutions (GUS, NBP, Intrastat)
- Drafting annual CIT return and attachments as required by law
- Representation before state offices and during tax audits
- Drafting financial reports in compliance with Polish regulations and other accounting documents connected with closing of the financial year
- Preparing management reports (monthly, quarterly and annual) according to the client’s guidelines, in compliance with various reporting standards (IFRS, US GAAP, UK GAAP and FUND GAAP)
- Preparing reports required by state institutions (e.g. NBP, GUS, Intrastat)
- Drafting consolidated financial reports and management reports
- Preparing all information and documents for submission to auditors and other bodies examining the client’s accounting books
Expansion in the
CEE region CEE
We offer a package of services facilitating the process of expansion on a regional scale.
Do you need reliable and tested accounting for your firm?
Are you wondering about the cost?
We provide full support for proper settlement of VAT in the CEE region.
We represent taxpayers before the tax authorities and ensure that VAT settlements fully comply with national regulations.
HR and payroll
We offer a comprehensive payroll or HR/payroll function for your company, at both local and international levels.
We will do everything needed to ensure compliance, from planning of transfer prices across numerous countries to analysis of risks and resolution of tax disputes.
Standard audit file for tax
We provide SAF-T support with various options – check to see which is most advantageous for your company.