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1. Concept and nature of accounting services

Concept:

Accounting services are understood as accounting services for a business or an organizational unit. This accounting service will handle all the work related to finance, tax declaration, tax payment, ... in a transparent, effective and accurate manner.

Nature:

- In terms of expertise, accounting services are both a type of service, both legal and technical. It requires compliance with technical factors (how the report is made, how to calculate it) and legal factors (on what legal grounds must those reports be produced).

- Satisfying customers, without violating legal standards that require the operator to have a "Certificate of Accounting Practitioner" or "Certificate of Tax Procedure Practice". Persons with tax practice certificates are entitled to perform tax declaration services and tax agents but are not entitled to practice accounting, and those with certificates of accounting practice are entitled to perform accounting and tax declaration services. to act as tax agent.

2. The duties of an accounting service

- Financial accounting: Just like the general task of corporate accounting, accounting services also need to perform and reflect promptly arising costs and operations, calculate production costs, confirm correctly. correct business results.

- Tracking financial activities: At the same time, accounting services also need to monitor, inspect and ensure the safety of the enterprise's assets. Detecting mistakes in operations, affecting the assets of the business. The monitoring of financial activities must be agreed and permitted by the enterprise. Avoid arbitrary monitoring that affects the work of the business. And do not abuse your powers, interfere too deeply in internal work.

- Helping businesses manage assets: Besides, it is also necessary to closely manage and supervise the implementation of the performance norms, the appropriate material use norms. From there, it contributes to enhancing productivity and service quality for businesses.

3. What are accounting services?

To answer the question "What is accounting services" is not difficult. However, it is worth mentioning that it is necessary to analyze and clarify so that businesses can understand the jobs that the service performs:

- Handling basic operations: Basic operations of accountants include: Receiving invoices, types of documents arising from the enterprise. Then input data, synthesize the data, finally check the input data. This is the most common job of accountants.

- Tax reports: Prepare and submit a report on all types of value-added taxes, including personal income tax. Report on the use of invoices, accompanied by a number of other reports in accordance with the provisions of the tax authority.

- Completion of documents: Record accounting books according to all different arising documents. In addition, she also undertakes tasks such as preparing and submitting annual financial statements. Prepare and submit statistical reports with the statistical agency in accordance with the process. Next is completing, printing books, arranging and organizing vouchers. Finally, business representatives explain the data to the tax authorities.

4. Notes on using accounting services

- Which accounting services should be responsible for the business?

Accountants need to perform the profession in a specific and exact way that the business requires. In the process of implementation, sometimes just a little mistake can cause heavy losses for the business. Therefore, the risk must be ensured to the lowest level. Parallel to that is the supervision through two sides. Include the service delivery side and the service user side.

- Minimize risks that may arise during work

During the working process, there are many risks that can affect the work of the enterprise. Enterprises need to address common mistakes such as:

+ Declare duplicate invoices, or enter incorrect data. This is a very big mistake that most businesses face. In the event of an error, the enterprise will be fined in accordance with state regulations.

+ Declaring time-late, or not participating in declaration, even forgetting to declare a number of reports according to the tax regulations. Although this error occurs infrequently, in reality it is difficult to say anything. Therefore, businesses need to pay attention to avoid such situation happening. That not only affects the business performance of the business, but also makes the business lose credibility to the authorities.

+ Some jobs have been clearly agreed upon in the contract. However, businesses do not comply, or do too late, leading to penalties by the authorities.

Therefore, when encountering any of the above risks, both sides need to come up with a solution. When building service contracts, businesses need to come up with a risk plan. From there exchange, discuss and agree on the solution. Avoid the case when something happens that will affect the work of both sides.

- Does accounting service include consulting services or not?

The first consulting and service in the package accounting service. Service providers need to provide an advisory service business with content such as:

+ Initial consultation includes setting up working processes to suit each specific business.

+ Advise businesses on new tax and accounting policies related to business activities.

+ Consulting on the accounting system to ensure effective paper storage. Besides, accounting services need to advise on new procedures and decrees. Ensure the highest benefits for businesses.

+ Advise business owners and investors to detect weaknesses and errors in financial management as well as accounting and internal control of enterprises and give advice. Valuable in order to help businesses improve and perfect the internal control system and the accounting system in the business. In addition, it also advises businesses to avoid the risks that may be encountered, or overcome weaknesses and inefficiencies in their operations.

- Find out about accounting services before deciding to choose

You should remember that the accounting service will be your companion for a very long time. That is why finding a reputable address is really important. They can affect current and future work performance. Even the reputation of an entire business.

FIT is proud to own a team of highly qualified, enthusiastic, dynamic accounting and financial experts, with the motto ATTITUDE - QUALITY best, we want to bring the highest satisfaction to our customers. customer.

Professional processing capabilities are committed by Certified Public Auditors (ACCA, CPA), experienced Chief Accountants who have held positions at leading Vietnamese companies, and financial advisors. with extensive skills no matter where customers operate in any segment. Those are also factors that ensure the reliability of customers for a long time.

Contact FIT for the most enthusiastic accounting service consultation. Hopefully with this article, the business will have the most specific information. Good luck!