What do we do

 

An increasing number of companies in Latvia choose to receive accounting services as an outsourcing service from professionals. Our company, PROFIT SERVICE Ltd., serves small, medium and large companies and in some cases – individuals.

 

Here you can recieve accounting services necessary to any company:

 

  1. We provide consulting services in accounting and tax issues   
  2. We organize your company's financial and accounting documents in accordance with the legal requirements
  3. We prepare and submit reports, as well as represent your interests at SRS (State Revenue Service)
  4. We provide access to accurate financial reports 24 hours a day / 7 days a week / 365 days a year  
  5. We replace your accounting staff during their absence (e.g. maternity leave)

 

We will help you:

 

  • promptly record the documents and transactions;
  • to prepare reports;
  • to calculate the corporate income tax (CIT) and personal income tax (PIT);
  • to develop budget and monitor its implementation;
  • to issue invoices to customers and monitor their payment;
  • to prepare payments according to the suppliers invoices;
  • to conduct the payment comparison of the customer and supplier;
  • to calculate and pay wages, ensuring confidentiality;
  • to manage the calculation of the fixed assets;
  • to prepare and timely submit reports for the SRS, Central Statistical Bureau and Latvian Bank;
  • to develop accounting methods;
  • to prepare an annual report;
  • to cooperate with the auditors.