Accounting & Bookkeeping

BAXLEY CPA offers its clients the option to outsource their accounting departments either partially or completely. Accounting services provided by BAXLEY CPA also include regular tax inspections, with result reported to the client firm’s management to avoid accounting errors that might result in fines.

Payroll and management reporting are also included in our book keeping services. In addition to that, BAXLEY CPA prepares circulars on every major amendment in tax and labor legislation and forwards them to clients regularly via e-mail.

Our accounting services are as follows:

• Bookkeeping and preparation of companies' accounting records in accordance with the uniform chart of accounts,
• Accounting entry of daily transactions and documents of cash, bank, and current accounts as well as purchase, sale and expense invoices which are related to business activity,
• Review of the accounting records according to the related tax laws,
• Reconciliation of petty cash, bank, account Receivable and account Payable accounts,
• Performance of term closures, including monthly, quarterly, and annual; and the preparation of the company's financial statements in accordance with the uniform chart of accounts (balance sheet, income table, cash flow table, etc.),
• Preparation of all monthly, quarterly, and annual tax declarations (corporate tax, income tax (withholding), VAT, stamp tax, and advance corporate tax), and their accruals,
• Performance of the relevant opening operations for headquarters, offices and/or branches at tax offices, social security administration (SSA), and regional employment directorates,
• Registration for an e-bildirge (e-declaration) and procurement of an e- bildirge (e-declaration) password,
• Preparation of the monthly SSA declarations and their accrual,
• Customer notification of monthly, quarterly, and annual declarations in electronic format for tax payments that have been accrued,