1. Initialization of accounting software system - set-up of customized charts of accounts and of the required management reporting format; set-up of cost centers and other configurations, upon clients’ request
2. Perform and maintain computerized accounting records, in full compliance with the requirements of the accounting policies of the companies and in compliance with the Romanian Accounting Standards;
3. Record bank payments and receipts and match them with invoices, where appropriate;
4. Maintain sales and purchase ledger accounts;
5. Record all fixed assets acquisitions and disposals, maintain fixed assets register, compute depreciation and profits / losses on disposal, record adjustments arising from the physical inventory;
6. Record all employee expense claims and settlements;
7. Record all other petty cash transactions;
8. Record payroll expenses;
9. Record accruals, prepayments, interests etc.;
10. Calculate and record foreign exchange differences.
11. Financial reporting packages on client’s template (e.g. balance sheet, income statement, etc.).
12. Preparation of Financial Statements in accordance with the Romanian Accounting Standards and International Financial Reporting Standards