Accounting Services

Focusing on personalized accounting strategies, we create smarter decision-making processes for your business.

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Here at Baltic Assist, we are constantly leveraging technological advancements in accounting. We believe that innovation in accounting services is crucial for staying competitive and providing clients with valuable insights beyond standard compliance and reporting. Embracing technology and adopting a forward-looking approach to financial management can set accounting firms apart in a rapidly evolving business landscape.

Our comprehensive accounting services are dedicated to providing strategic solutions for your financial success. We seamlessly blend financial expertise with cutting-edge technology to deliver a holistic approach to financial management.

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Pricing

Scalable financial services

€ 42

/hour

Standard and advanced accounting tasks
Payment processing
RPA setup and operation
Liason with 3rd party vendors
General bookkeeping
Payroll processing
VAT reporting
E-mail administration
Financial statement processing
Other financial tasks

Financial ERP partners we work with

Strategic partnerships with some of the leading ERP system providers enhance us with instruments to ensure the financial and operational efficiency of our clients.

We use it for accounting, budgeting, financial reporting, and much more.

Unlock your financial potential with our expertize

Personalized financial strategies
ERP consultation and integration
Analysis and planning
Virtual CFO know-how

Book free consultation

Contact us today to discuss how we can improve your financial operations!

Steps to get your project up and running

1. Evaluation of workload

First, our financial executives evaluate your current accounting setup and offer a solution.

2. The offer

We sign an agreement, review relevant legal policies and decide on the start date.

3. Introduction to the team

We introduce you to the team who will be responsible for the project. We present new solutions if needed.

4. Providing accesses

We set up access to relevant platforms for our team — for example, accounting systems, banks, payroll software, etc.

5. Project analysis

We analyze your financial operations and agree on work instructions defining the exact tasks, procedures and deadlines so the partnership is fully transparent and data protected.

6. Project start

Our financial team starts a full operation on the agreed tasks and provides continuous suggestions for automation and process streamlining.

Our expertise

Bookkeeping

We provide expert bookkeeping services tailored to your business needs. Our experienced team ensures accurate financial records, timely reporting, and personalized support, allowing you to focus on growing your business with confidence.

Integrated financial strategy

We go beyond conventional accounting, integrating financial strategy into every aspect of our services. Our team collaborates with you to align accounting practices with your overarching business goals.

Risk mitigation and compliance

Navigate complex financial landscapes with confidence. Our sophisticated accounting includes risk management strategies and ensures stringent compliance with
ever-evolving regulatory standards, including local GAAP and IFRS.

Customized reporting for strategic insights

Access customized reports that offer strategic insights into your financial performance. We believe in providing more than just numbers; we provide the narrative that empowers you to make informed strategic decisions.

Technology-driven financial management

Harness the power of technology for efficient financial management. Our solutions leverage advanced tools and analytics, seamlessly integrating financial expertise with technology for optimal results.

Finance function assessment and internal control

Evaluate and enhance your finance function with our thorough assessments. Identify opportunities for improvement, efficiency gains, and strategic alignment within your finance department. Strengthen internal controls and risk management for a robust financial framework.

Automated document handling

Streamline your document management processes with our automated solutions. From invoices to financial statements, our automated handling ensures accuracy and efficiency.

Consulting on financial management and tax

Access strategic consulting services for financial management and tax optimization. Our experts provide tailored advice to enhance your financial strategy, manage tax liabilities, and optimize overall financial performance.

Reconciliations and accounting health check

Ensure the accuracy and health of your financial records through our meticulous reconciliations and accounting health checks. Identify and address discrepancies proactively.

Preparation of SOP, procedures, and checklists

Ensure operational excellence with our comprehensive preparation of Standard Operating Procedures (SOPs), other procedures, and checklists. We tailor these documents to your unique needs, providing clear guidelines for streamlined financial processes.

Chart of accounts and accounting policy development

Optimize your financial structure with our expertise in developing a tailored Chart of Accounts. We also assist in crafting accounting policies that align with industry standards and regulatory requirements.

FAQ

What does your accounting outsourcing service include?

Our accounting service covers accounts payable and receivable, general ledger management, bank reconciliations, month-end and year-end closing, financial reporting, and audit support. We work within your existing accounting software and adapt our processes to match your internal standards.

Can you handle accounting for multiple subsidiaries?

Yes. We routinely manage accounting for clients with subsidiaries across Europe, handling intercompany transactions, multi-currency bookkeeping, and consolidated reporting under a single team structure with one point of contact.

How do you maintain accounting accuracy and quality?

We use a multi-layered review process: every transaction is processed by an accountant and reviewed by a senior team member. We also run monthly reconciliation checks and deliver exception reports so discrepancies are caught early, not at year-end.

Do you prepare financial statements and annual reports?

Yes. We prepare financial statements in accordance with local GAAP, IFRS, or your group reporting standards. This includes balance sheets, income statements, cash flow statements, and supporting notes — ready for audit or management review.

What if we already have an in-house accountant?

We frequently work alongside in-house teams, handling high-volume transactional work or specialized tasks while your internal staff focuses on strategic priorities. Our team scales up or down based on your workload and seasonal peaks.

How do you handle our specific chart of accounts and reporting structure?

During onboarding, we map your chart of accounts, learn your reporting templates, and align our processes accordingly. We follow your structure rather than imposing our own, ensuring seamless integration with your existing financial workflows.

Tech-driven accounting management