Accounting outsourcing

Accounting outsourcing – for whom?

Accounting outsourcing at KR Group

Accounting outsourcing – KR Group offer

• Full accounting

  • Maintenance of accounting books
  • Preparation of accounting policy 
  • Recording cost and revenue documents 
  • Invoicing, supervision and verification of correct entries in the books 
  • Recording transactions from bank statements and settling accounts 
  • Preparation of accounting reminders – payment reminders and demands 
  • Payment processing 
  • Monitoring of incoming and outgoing payments 
  • Cash management 
  • Preparation of cash flow statements 
  • Representation before authorities and during tax audits 
  • Support in audit processes 
  • Conduction  of reviews of accounting processes 
  • Support in the event of company formation, merger and liquidation 

• Reporting

  • Preparation of financial statements 
  • Preparation of management reports according to various reporting standards (UoR, IFRS, MSSF, US GAAP, UK GAAP and FUND GAAP) 
  • Preparation of consolidated financial statements and management reports 
  • Preparation and submission of reports required for a given industry, e.g. ARE/URE, INTRASTAT 
  • Preparation of financial analyses 

  See more: Tax compliance.

• JPK CIT reporting

  • Implementation of JPK_CIT in the organisation 
  • Analysis of processes and existing data and systems
  • Adaptation of reporting tools
  • Mapping of the existing chart of accounts
  • Ongoing maintenance of source data compliance 
  • Reconciliation of the JPK_CIT file with the financial statement and CIT-8

  See more: JPK CIT.

• National e-Invoice System (KSeF)

  • Registration and granting of user permissions 
  • Conduction of technical and business tests 
  • Analysis of cases of incorrectly issued invoices 
  • Assistance with adapting external accounting systems 
  • Individual consultations and ongoing advisory in the area of KSeF

  See more: National e-Invoice System (KSeF)

FAQ

• Accounting outsourcing – what does it involve?

  Accounting outsourcing is a solution increasingly chosen by companies that expect not only correct settlements, but also real support in managing finances and business processes. In a rapidly changing legal and tax environment, a professional accounting partner becomes an important element of stable organisational development, regardless of its scale or industry. Accounting outsourcing in Warsaw is the answer to the needs of companies operating in a demanding, competitive business environment, where not only compliance with regulations matters, but also timeliness, data security and high quality of reporting. 

  Our accounting outsourcing in Warsaw operates on the basis of current legal regulations, international accounting standards and proven technological tools, which allow for process automation and increased transparency of financial data. As a result, clients gain access to reliable, up-to-date financial data that genuinely supports decision-making processes. We also offer clients tax advisory in the area of VAT Compliance and HR and payroll outsourcing forming an integral part of comprehensive service. 

• In what languages does KR Group provide accounting services?

  KR Group provides accounting services in Polish and English, enabling smooth cooperation with local and international clients. In the countries where we have our own offices, i.e. in the Czech Republic, Romania, Hungary and Slovakia, we can provide accounting services in the local language, in accordance with the requirements and expectations of the client. This ensures effective communication and professional accounting outsourcing services for foreign and international companies operating in the Central and Eastern European region.

• When is it worth opting for accounting outsourcing?

  Maintaining accounting records is one of the key tasks in every business, regardless of its size. Accounting outsourcing is a service currently used by small, medium and large companies alike. External accounting (outsourcing) can prove to be an effective solution in many cases. It allows for increased operational efficiency, reduction of fixed costs and ensuring compliance of financial and tax settlements with dynamically changing legal regulations.

• Who is accounting outsourcing for?

  KR Group specialises in financial and accounting outsourcing for entities investing in commercial real estate and renewable energy projects (wind farms, photovoltaic farms). We also provide accounting services for domestic and global retail chains, technology companies (IT/ICT), e-commerce platforms and oil & gas companies. Accounting outsourcing in Warsaw in our version is a solution aimed at companies that expect high quality service, full compliance with regulations and real support in financial management. 

  We provide comprehensive accounting, tax and reporting services, tailored to the specifics of the industry, scale of operations and reporting requirements of our clients. Thanks to our experience in working with entities with complex organisational structures and international operations, accounting outsourcing effectively supports decision-making processes and business development in a dynamic market environment. 

• Can I commission accounting outsourcing on a limited scope?

  Yes. At KR Group we offer a solution particularly beneficial for companies that have their own accounting department but need support in the area of tax compliance. Within this service we take responsibility for the correctness and timeliness of tax settlements and compliance with applicable regulations, without the need to hand over full accounting services. The scope of cooperation is tailored each time to the specifics of the business. 

• What ERP systems are supported as part of accounting and HR/payroll outsourcing at KR Group?

  At KR Group we work on a daily basis with the ENOVA system, but we can also work on ERP systems such as: SAP, Optima, Symfonia, Korab, Yardi, iSacala, Eurofib, Octopus, Coda, Microsoft Dynamics, Oracle, SunSystem, Microsoft Navision and others. Thanks to our flexible approach we can maintain accounting in any ERP environment operating within the client’s organisation, ensuring data consistency, process security and full reporting compliance. If you have any questions – please feel free to contact us! 

• Is accounting outsourcing a safe service?

  Yes. Accounting outsourcing provided by KR Group is a safe service. We have an extensive IT infrastructure, implemented procedures and tools that effectively protect stored data. In addition, rigorous information protection standards are applied, including regular backups, access control and compliance with applicable data protection regulations. All processes are continuously monitored, which minimises operational risk and ensures continuity of accounting services.

• What companies can use accounting outsourcing?

  Any company that values comprehensive accounting services can use accounting outsourcing – regardless of its size. Accounting offers for companies are tailored each time to industry requirements, focused on efficiency and guaranteeing maximum client satisfaction. This solution works equally well for sole traders, domestic and international companies, and organisations operating across multiple jurisdictions simultaneously.

• Is accounting outsourcing also aimed at international companies?

  Yes. KR Group directs its accounting offer to companies operating in Poland, as well as to international entrepreneurs, running their businesses in more than one country including in Romania, the Czech Republic, Hungary and Slovakia. We are an accounting partner for many companies focused on expansion beyond Poland’s borders, which is why we are distinguished by a real understanding of the needs of business on a cross-border scale. 

• Is accounting outsourcing when setting up a new company a good idea?

  Setting up a business is inseparably linked to the need to attend to many formalities. A common challenge faced by entrepreneurs is choosing the appropriate form of taxation. Opting for the help of an external company can make the entire business registration process smoother and far less stressful. At KR Group we cooperate with representatives of many industries, in many cases managing our clients’ accounting from the very beginning, supporting the operational processes of businesses with reliably conducted outsourcing. 

• How much does accounting outsourcing cost?

  Accounting outsourcing is a service whose price is determined individually – the scope of activities within accounting/outsourcing services is always tailored to the Client’s requirements, business assumptions and communication needs. The cost of outsourcing is influenced by, among other things, the scale of operations, number of documents, complexity of accounting processes and the scope of reporting and advisory support in the area of taxes.

• External accounting for companies and planning the costs of running a business – what does it look like?

  Hiring a specialist or creating an internal accounting department represents a significant financial burden for many entrepreneurs. Costs often go beyond salaries alone, frequently including also the organisation of workstations, purchase of necessary software or employee training. In such a case it is worth considering accounting outsourcing as a solution allowing for the reduction of fixed costs, ensuring access to a team of experienced experts and maintaining high quality accounting services without the need to expand internal structures. 

• Is accounting outsourcing a guarantee of gaining time for further business development?

  It is worth considering accounting outsourcing also when the company is undergoing dynamic growth, expanding with new branches and employees. Running a highly prosperous business requires full commitment, and spending time navigating complex regulations and settlements often takes up valuable time. Accounting outsourcing allows you to focus on important aspects of business development, without worrying about accounting matters. 

• How is technology used in accounting outsourcing?

  In accounting outsourcing we use modern ERP systems, process automation tools and data analysis. This ensures effective accounting services, real-time access to financial data and compliance with applicable regulations. This approach enables rapid response to changes, reporting transparency and sound business decisions based on current and reliable information.

  See more: technologia

• Accounting outsourcing – what sets us apart?

  We build our financial and accounting outsourcing teams based on expected skills, such as: 

  • expert knowledge in accounting and taxes,
  • knowledge of modern technologies,
  • business and process advisory,
  • professional experience from other branches of business,
  • project management,
  • proactivity and communication.

  In this way we ensure an appropriate response to the dynamically changing business, legal and tax situation of our current and future clients. Offering accounting outsourcing in Warsaw, we focus on tools that enable process automation, in order to shift the main focus of our work towards preventing tax risks, providing advisory and understanding the client’s business activity.