Professional knowledge and specialised expertise is essential in complying with local regulations especially when setting up a business in a new country.
Outsourcing is a valuable tool even for a well established corporation as daily assistance helps you to reduce costs and risks. Thus your efficiency will be enhanced as you are allowed to focus on the core business. On certain occasions when there is a lack of hardware or personnel resources, outsourcing can help you through difficult situations.
Mazars offers a full range of accounting and payroll administration services to its clients. Our experts and staff have substantial experience in both Hungarian and international standards (US GAAP, IFRS). The financial and management reporting is tailored in accordance with the requirements of our clients enabling a more efficient decision making process.
- Statuary book-keeping in HU GAAP
- US-GAAP book-keeping
- Monthly book-keeping close activities
- Annual report preparation and publications
- Octopus, SAP, Ms Dynamics GP, Kulcsszoft
- Monthly and quaterly tax returns
- Annual CIT declarations
- Local government declarations (Business tax)
- Managing tax audits on behalf our client
- Tax reconciliations
- Monthly management reporting (P&L, B/S, Treasury, GL, Trial balance)
- Internal Corporate (IFRS, French, US, German, Dutch) consolidated reports
- Bank reporting about loans
- Participation in HR and OPEX budget preparation
- Ad-hoc reporting requests
- Supplier's payment batch preparation and transfer
- Outstanding debt collection
- AP and AR reconciliation
- Bank transfers processes
- Payroll administration
- Authorised social security agent activities (disbursement unit)
- Consultancy relating to allowances and wages
- Monthly tax declarations
- Year end PIT calculations and publications
- Reporting to Clients
Temporary replacement of financial accounting experts:
Outsourcing of professional financial accounting experts in the frame of a temporary replacement assignment for a defined period of time to the Client' s premise or office environment.