Our financial accounting and reporting specialists
Our financial and business accounting professionals in Greece have experience and expertise in managing your companies’ financial matters, including payroll management for companies with employees in Greece and abroad; financial reporting for companies operating in Greek and international territories; and international Audits for companies in Greece.
Payroll Services in Greece
Our business accounting services experts are specialists at solving your payroll needs. For new businesses in Greece, following local Greek payroll and salary law is crucial to your business’s entry into Greece.
- Payroll calculation
Our accountants are specialists at salary and bonus calculations across the payroll cycle, with reporting in both hard copy and electronically. - Statutory Statements
Our business accountants are experienced at preparing Withholding Tax Return preparation and Analytical Periodical Preparations. - New employees and terminations
We handle all new employees and terminations by handling employee announcements, preparing and submitting required documentation to the Labour Authorities, dismissals, and employment contracts. - Forecasts and reports
We can assist you with accounting general ledger entries and customised reports and forecasts. - Overtime, holiday, and sick leave calculations
We monitor and examine accurately, the handling of leaves of absence, sick leave, maternity leave, and overtime hours.
Business Reporting in Greece
Our partner accountants are experts international and Greek accounting laws and policies. If you are operating a business in Greece, or planning to, it is essential to have a qualified and competent tax professional.
Laws and regulations concerning accounting law vary greatly depending on the countries you operate in, for example, a company in America has entirely different tax laws than that of its branch in Greece. Similarly, the same applies for any other country outside of Greece, e.g., the United Kingdom, Australia, or Canada.
Our Greek business accountants offer a variety businesses reporting services, including reporting annually for:
- Income statements
Income statements are crucial for examining your company’s revenue and expenses, and how to increase its profitability. - Depreciation of fixed assets
Reports evaluating the cost of your tangible assets as they deteriorate over time. - Labour obligations
Assuring your company is complying with local Greece labour laws.
and monthly/quarterly reporting for:
- Balance Sheets (quarterly)
Balance sheets allow our Greek business tax experts to assess your business’s assets and liabilities, along with equity owned by shareholders. - Ledger reports
Monthly ledger reports that accurately detail every transaction in-and-out of your accounts will be examined by our Greek business accountant specialists. - Profit and loss statements (quarterly)
A profit and loss statement every three months will summarise the costs, expenses, and revenue in your company.
Our business accountants are qualified and experienced at knowing when your accounts can be improved, we also offer advice on improvements you can make, should we see anything arise that might be hindering your Greek Company’s growth.
Internal Auditing Services in Greece
Our business accountant experts located in Greece have a wealth of knowledge and experience on internal audits for local Greek companies, and international companies operating in Greece. Internal Auditing provides your company with the necessary measures to prevent failure and loss, thereby ensuring business expansion. It also providing essential data for current and future investors.
Our process of internal auditing consists of:
- Establishing internal audit functions
- Producing audit and risk assessment plans
- Development of audit programs
- Internal auditing procedures and manuals
- External QA assessment of current audit functions currently in place
- Customised internal audit training according to the industry.
Our Greek accounting expertise
Our partner accontants offices in major cities such as Athens, Thessaloniki, and Crete; also, in local and regional councils throughout Greece, our paprtner accountants have performed accounting services for major international clients from the United States of America, United Kingdom, Canada, and Australia.
Client testimonials
We engaged Tsaks Consulting to manage our payroll in Greece and also to conduct a financial analysis project on our operation. We were surprised at their level of knowledge and sophistication as well as that of their partner accountants. The payroll was relatively straight forward and one of their partner accountants provided this service with professionalism. The impressive part was the business analytics. The Tsaks Consulting team were on the ball and worked through everything efficiently. They performed a similar if not better service than the consultants we engage internationally, and are also very cost effective. We have now engaged them to continue the function beyond Greece in our other countries of operations.
Bryan Y | Regional Manager – Multinational | Athens
We were looking to change providers for our monthly reporting and also our payroll. We talked to Tsaks Consulting and one of their accounting partners and there were great. The service has been efficient and detailed. They communicate well and they have made the handover process seamless. We are vey happy with their service.
Mary K | Multinational Business | Rhodes