Payroll, Bookkeeping and Accounting Services in Baku, Azerbaijan

Our services include:

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• Calculating employee salaries, wages, bonuses, and deductions;

• Ensuring accurate withholding of state taxes;

• Facilitating electronic transfer of salaries to employees' bank accounts;

• Preparing and filing payroll taxes and quarterly/annual reports;

• Ensuring compliance with labor laws and regulations;

• Recording and organizing financial transactions such as sales, purchases, expenses, and receipts;

• Managing and processing payments to suppliers, vendors, and creditors;

• Invoicing customers and tracking payments received;

• Matching and reconciling financial transactions with bank statements;

• Generating financial statements (income statement, balance sheet, cash flow statement) to provide insights into the business's financial health;

• Preparing and filing various tax returns, including income tax and sales tax;

• Analyzing financial data to provide insights for decision-making and business strategy;

• Assistance in the event of a tax audit, including preparation of necessary documentation;

• Ongoing advice and consultation on financial and tax matters.

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Why to outsource accounting?

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• Outsourcing can be cost-effective compared to maintaining an in-house team;

• Access to specialized skills and expertise in payroll and accounting;

• You can focus on core business operations instead of administrative tasks;

• Ensures compliance with changing tax laws and regulations;

• Professional services can reduce errors in payroll processing and financial reporting

 

T & G Counsel has a good reputation, offers the specific services your business needs, uses modern accounting software to protect the sensitive financial information, and maintains the confidentiality of your business data.