Reasons

7 good reasons for you to work with a professionnel:

• having at any moment a good image of your patrimonial situation;
• correctly establishing the correct net value of your company, since you need a solid investment decision basis;
• needing to optimize your tax management and wanting to pay all your taxes in due time;
• optimizing your financement and using it efficiently;
• limiting the financial loss risk due to unadequate accounting or law misinterpretation (in perpetual changing ...)
• wishing to have a solid personnel management, benefitting of good counselling on the rights and obligations of the parties;
• ... so as all information ofered by the professionnel accountant will symplify your activity, will ease your decisions, will help you discover development opportunities and - above all! - will offer you the peaceful life you always seeked for!

Does your accountant have a correct approach of the accounting standards?

The boss of agreat distribution company regularely got out of his mind when income tax payment time arrived. Why so much stock in the warehouse and no money in the company? A specialist would of given him a very simple explanation: his ex-accountant resgistrated all discounts in the recevied invoices on an income account, instead of diminishing the stock value. The company registrated an artificial income and profit and was therefore indebted by a very important tax amount as long as the stock stayd in the warehouse.

Have you correctly classified your products, not to risk penalties?

A small window shutters producer, selling his products both to companies and final consumers, saw himself seriousely fined by a fiscal control for selling goods to persons without registrating them through a cashing machine. The producer prooved to be correct, since it was all about durable goods, for which the use a cashing machine was not mandatory. The fiscal controllers left in peace another good taxpayer.

Do you know what’s in your warehouse?

What a great scare for the boss of a production company when the fiscal controllers determined a considerable income tax gap! They established that the entrance documents of some raw materials were issued by some bubble-companies and re-calculated the income profit. With a correct stock registry, the company prooved the raw materials were consumed in very small quantities and therefore did not diminish the profit with the entire invoce value. The profit gap stated by the controllers was, thereby, considerably reduced.

Are you aware of the cash regulations?

Generally speaking, every manager knows that the daily limit for cash payments to companies is of 10.000 RON. But not all of them pay attention to the fact that this limit includes the advances payd to suppliers and also the fact that the larger sum payable to a single supplier may not exceede 5.000 RON. Not considering these regulations may lead to severe fines and may seriuosely affect the company budget.

Do you work within the respect of the forms regulations?

There are companies where all goes almost perfectly: the administrators prepare the documents, accounting goes well and in due time, nobody is afraid of the fiscal authorities … until it comes! Everyone knows everything is in order, until the fiscal controller gest out his fine proceeding document. And then everybody is surprized: even if all was in order, a small detail was missing: the storing document for the special regime forms for the unique controll register book.

Do you keep complete personnel records?

When it comes to the personnel matters, managers know they have to conclude a working contract with every one of their employees. But they are sometimes astonished when fiscal administrator controllers invalidate such a contract because of the lack of an ordinary medical certificate!

Are you acquainted with labour regulations?

The new rulings concerning the considerable raise of allowances granted for raising infants up to 2 years of age made the employers and their concerned employees feel like being hold by the neck. Many were the situations when a company lost money because of the compensation requests raised by the young mothers due to non-legal distribution of these allowances to persons having not accomplished their duties towards the fiscal authorities.

Do you know all the local taxes you have to pay?

Auction time: the administrator knows he has to pay lots of taxes and get lots of certificates to confirm their correctness. Thankfull to their accountant, With all the money in the pocket and all the papers in hand they try to catch good contracts being sure all’s right behind. But at the end, here is the surprise: “Have you payd your tax for comunity dogs?!?”