Bookkeeping

21st-Century Accounting

At ATF Accounting, we utilize document digitization (OCR), electronic document workflow, and reporting in Power BI. Invoice automation, support with IT system integration, and modern payment management guarantee full transparency and efficiency of accounting processes.

Support ranges:

Bookkeeping in accordance with the Accounting Act and International Financial Reporting Standards / International Accounting Standards.

Accounting for entities taxed under the flat-rate tax on company income (Estonian CIT).

Keeping accounting records for family foundations.

VAT settlement, including the preparation and submission of relevant declarations and JPK files.

Income tax settlement, including the preparation and submission of relevant declarations and JPK files.

Who is required to keep accounting records?

The obligation to keep accounting records applies to a range of entities, including all legal persons (limited liability companies, joint-stock companies, limited partnerships), as well as natural persons, civil partnerships, and general partnerships of natural persons that have generated net revenue exceeding the equivalent of EUR 2.5 million in the previous financial year. This obligation also applies to public finance sector units and organizational units operating under separate regulations (e.g., banking, insurance), regardless of revenue size.

The accounting process at ATF Accounting has been designed to be transparent and organized.

Thanks to the processes described in our Client On and Off boarding procedure, among others, our team members know perfectly well what principles and standards to follow with Clients, and Clients are fully aware of what is happening at every stage of cooperation. This approach ensures full legal and formal security, transparency, and predictability of mutual reactions.

Step 1

Financial and Structural Analysis of the Client

Initial consultation and business needs analysis.
Sending an information survey along with NDA and GDPR agreements, enabling us to understand the scale of operations, organizational structure, systems used by the Client, and expectations regarding reporting and service.

Step 2

Preparation and implementation of cooperation

Development of an individual scope of services and a communication and data exchange model.
Verification in accordance with AML (Anti-Money Laundering) requirements.
Negotiation and signing of the agreement.
Establish a schedule for submitting documents and reports.
System implementation – tool configuration (OCR, workflow, E-employee, IT integrations).
Client training on the use of provided tools.

Step 3

Current service and communication

Bookkeeping (including for family foundations and companies taxed under Estonian CIT).
Preparation of tax returns and JPK files.
VAT and income tax settlements.
Continuous contact with a dedicated client manager and ongoing substantive support.

We will solve your company's accounting problems.

FAQ

We know that choosing an accounting firm is an important decision.

What exactly does accounting outsourcing involve?

Outsourcing accounting means we take over the responsibility for keeping your books, tax settlements, preparing financial statements, and payroll processing. You gain peace of mind and time to develop your business, while we ensure that all the duties transferred to us are carried out on time and in compliance with ever-changing legal regulations.

What are the benefits of using an accounting firm?

Working with us means: saving time and money, certainty that all settlements are processed on time and in accordance with applicable laws, data security, access to the knowledge and experience of experts who react to regulatory changes.

What documents do I need to prepare to start the collaboration?

The documents we request from Clients directly result from the questionnaire we provided and the implemented Client Onboarding and Offboarding procedure.

Can I change accounting firms mid-tax year?

We help you safely transfer your accounting at any time of the year. We handle document handover, make corrections, and ensure the process is seamless and compliant with regulations.

Do you also handle HR and payroll?

We provide full outsourcing of HR and payroll services: we prepare payrolls, settle ZUS and taxes, manage personnel files, and prepare PIT declarations for employees. We can completely replace the HR department in your company.

How long does an HR and payroll service implementation take?

Usually from a few weeks to 2-3 months depending on the number of employees and the complexity of payroll. We conduct the entire process so as not to disrupt the company's operations.

Do you represent clients before government agencies?

As part of our services, we represent our Clients before tax offices and the Social Insurance Institution (ZUS). We file declarations, respond to summons, and ensure the proper course of proceedings.

How much do accounting and HR services cost?

The price depends on many parameters that we ask about in the survey, e.g., the number of documents, the form of business, and the scope of services. We prepare an individual quote each time – transparent and tailored to the Client's needs.

How do you ensure data security?

By entrusting us with your accounting, you are entrusting us with sensitive financial and personal data. We understand the responsibility that comes with this, which is why we treat information security as a strategic pillar of our business.

Our IT environment is designed based on the principle of layered protection. We utilize advanced network security systems, constant infrastructure monitoring, and real-time threat detection mechanisms. This allows us to effectively minimize the risk of cyberattacks, unauthorized access, or data loss.

We store data on professional server systems with hardware redundancy, ensuring continuity of operation even in the event of individual component failure. Our infrastructure is based on solutions that guarantee high availability, stability, and rapid system recovery in emergency situations.

We regularly perform multi-level backups, which are also stored offsite. This approach provides additional protection in case of random events and allows for the quick restoration of full operational capability.

Only authorized employees have access to the data, and access rights are granted in accordance with the principle of least privilege. The procedures and security measures in place comply with applicable personal data protection requirements.

Thanks to the combination of modern technologies, proven procedures, and responsible risk management, we offer our clients not only reliable accounting services but also real information security.