Professional Scope · TOL 69201

Accounting, Bookkeeping & Tax Consultancy Services

Detailed specifications of our corporate bookkeeping, annual closing, tax compliance, and payroll administration frameworks for businesses in Finland.

01

Financial Accounting & Routine Bookkeeping

Statutory double-entry bookkeeping conducted in compliance with the Finnish Accounting Act (Kirjanpitolaki 1336/1997) and Good Accounting Practice (Hyvä kirjanpitotapa).

Core Administrative Operations

  • General ledger and subsidiary ledger setup and ongoing maintenance.
  • Processing, electronic matching, and archiving of sales and purchase invoices.
  • Automated and manual bank account statement reconciliations.
  • Travel expense and per diem claims review in accordance with Verohallinto guidelines.

Periodic Deliverables

  • Monthly trial balance (Pääkirja ja Päiväkirja) and transaction journals.
  • Monthly interim Profit & Loss accounts (Tuloslaskelma).
  • Monthly interim Balance Sheet (Tase).
  • Electronic audit trail documentation retained in secure digital archives.
02

Annual Financial Statements (Tilinpäätös)

Comprehensive year-end fiscal closings prepared in line with the Finnish Limited Liability Companies Act (Osakeyhtiölaki) and submission requirements of the Finnish Patent and Registration Office (PRH).

Closing Procedures

  • Accrual accounting adjustments, deferred income, and prepaid expense reconciliations.
  • Depreciation schedules and fixed asset ledger write-offs (Poistolaskelmat).
  • Inventory valuation adjustments and bad debt provisions.
  • Preparation of mandatory Notes to the Financial Statements (Liitetiedot).

Statutory Filings & Audit Support

  • Drafting of the Board of Directors' Annual Activity Report (Toimintakertomus).
  • Complete Tilinpäätös dossier compilation for board and shareholder signatures.
  • Audit-ready workpaper delivery and liaison with the company's designated statutory auditor (Tilintarkastaja).
  • Electronic filing of adopted accounts with the PRH Trade Register (Kaupparekisteri).
03

Corporate Tax Consultancy & VAT Compliance

Prudent fiscal guidance and punctual tax return filings to optimize statutory tax positions and help you meet your filing obligations to the Finnish Tax Administration (Verohallinto).

Tax Return Preparations

  • Preparation and OmaVero electronic submission of Corporate Income Tax Return (Yhteisön tuloveroilmoitus 6B).
  • Preparation of supporting schedules: tax depreciation (Form 62), dividends, and capital gains.
  • Prepayment tax (Ennakkovero) calculations and adjustment requests throughout the tax year.

Value Added Tax (VAT / ALV)

  • Monthly, quarterly, or annual VAT calculation and electronic filing via OmaVero.
  • Intra-Community trade declarations: EU VAT Recapitulative Statements (ALV-yhteenvetoilmoitus).
  • Cross-border reverse charge mechanism verification for imported software and services.
  • Representation and written clarification responses during Verohallinto desk reviews.
04

Payroll Administration & Employer Obligations

Accurate salary calculation and real-time electronic reporting conforming strictly to Finnish collective labor agreements (TES) and the Finnish Incomes Register (Tulorekisteri).

Salary Processing

  • Monthly and hourly wage computations, overtime, and shift compensation.
  • Fringe benefit valuations (company car, meal vouchers, housing, mobile phone).
  • Annual holiday pay accrual calculations (Vuosilomapalkkavelka).
  • Secure digital payslip transmission directly to employees.

Mandatory Statutory Reporting

  • Submitting earnings payment data to the national Incomes Register within 5 days of payment.
  • Monthly employer's separate declaration (Työnantajan erillisilmoitus).
  • Coordination and monthly remittance calculation for occupational pension (TyEL).
  • Unemployment insurance and mandatory accident insurance declarations.
05

Management Reporting & Financial Advisory

Actionable fiscal visibility and budgeting support designed for enterprise managing directors, finance committees, and multinational board members.

Executive Reporting

  • Cost center and project-level profit and loss reporting.
  • Key financial ratios: EBITDA, current ratio, quick ratio, return on equity.
  • Bilingual executive summaries tailored for Finnish or foreign parent company management.

Cash Flow & Budgeting

  • Rolling 3-month and 12-month operational cash flow forecasting.
  • Budget vs. actual variance analysis.
  • Working capital optimization advisory.

Scope Boundaries & Professional Delineation

Bilanssi Oy operates strictly within the scope of corporate accounting, bookkeeping, and tax consultancy (TOL 69201).

  • We do not provide statutory auditing sign-offs (authorized audit reports must be issued by a certified KHT/HT auditor). We work collaboratively with your elected auditor to provide comprehensive workpapers.
  • We do not provide banking, loan brokerage, deposit-taking, or investment management services.
  • We provide corporate fiscal and tax compliance consultancy; specialized legal litigation remains within the purview of attorneys-at-law.

Ready to Formalize Your Financial Administration?

Contact our Helsinki office to discuss service agreement structuring, Suomi.fi mandates, and ledger onboarding.

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