Accounting & Business Consultancy
By outsourcing your accounting and payroll needs to our firm, you will find out that in the long term, the services we provide will pay for themselves. You will reduce your staffing needs and all associated costs (payroll and associated expenses, equipment and software) while achieving results of the highest quality.
We offer a full-service bookkeeping solution, and we deliver professional, customized, and timely accounting services. We will personalize an accounting solution to provide you with the most relevant financial information and enable you to make timely and informed decisions. We will work closely with you and provide our insight to guide you and your organisation on course to success.
When outsourcing your accounting function to Nikita & Partners you get a real-time picture of your business’ financials, solid data on which you can base your decisions upon and all the while reducing your costs
accounting related services
- Maintenance of bookkeeping/ accounting records
- Preparation of financial information and reports for internal purposes as and when required
- Bank account reconciliations
- Accounts payable and receivable reconciliations
- Preparation of monthly, quarterly, and yearly management accounts
- Analysis of budget VS actual balances
- Day-to-day administration (e.g. invoicing, payments etc.) of accounting processes
- Budgeting
- Preparation of statutory Financial Statements
payroll related services
- Assisting with the payroll function, including tax and social insurance calculations, preparation of management payroll reports and payslips, as well as of relevant returns (e.g., employer’s return) and documents for the payment of taxes and social insurance contributions
- Day to day technical support in payroll data processing and reporting
- Assistance with the registration of employees with the Social Insurance and Inland Revenue Departments and with the Civil Registry of Migration Department
- Assistance with applications of work and residency permits for expatriate employees
- Preparation of employees’ Personal Income Tax Returns
- Assisting with contracts of employment