Bookkeeping and accounting are two different concepts that overlap each other and include your company's documents such as invoices, receipts and other documents that your company either receives or sends out. This information is also registered and recorded in your bookkeeping system so that you can keep track of it. Other people must also be able to check that your bookkeeping agrees with your business reality. With BQ Redovisning, you always have personal advice and a complete overview of your financial position. We take over your finances completely, giving you more time for your core business. Personal advice and a complete overview of your financial position. We take over your finances completely, giving you more time for your core business.
When you're working with bookkeeping, you need to create a list of supporting vouchers, an income statement, a balance statement and a general ledger. These are then combined at the year-end, at the end of the financial year. In other words the elapsed time period is summarised, usually after 12 months. During this period many entrepreneurs have a great deal think about, and need to take into account extra expenses as the majority of accountancy firms charge an additional cost for the year-end process. However, as your accountancy firm in Stockholm, we give you a competitive monthly price that covers the year-end and gives you better insight into your outgoings. Accounting firm in Stockholm we give you a competitive Monthly price that covers the year-end and gives you better insight into your outgoings.
Accounting covers many steps and involves information from your bookkeeping and combined reports. It includes your annual accounts, annual report and income tax declaration. According to the Swedish Bookkeeping Act (1999:1078), anyone subject to accounting obligations must record all business transactions. These transactions must also have associated supporting vouchers. All accounting documents must be retained in an orderly manner for at least seven years.
Bookkeeping is carried out either using the invoicing method or cash method. The cash method is a simplified bookkeeping method used by smaller companies. With the invoicing method, each invoice is recorded when it is issued and when it should be paid. Information on the company's input and output VAT is provided to the Swedish Tax Agency from the company's bookkeeping. VAT is periodically paid to or from the Swedish Tax Agency depending on the size of the company. Tax Agency depending on the size of the company.
To some extent, business owners can choose how detailed their bookkeeping should be. For example, they can use a single account for sales or have several sales accounts for different types of services and products. A financial transaction must be demonstrable by means of a so-called supporting voucher, and numbered and retained for at least seven years.
We aim to work with as little paper as possible. For this reason we use cloud-based business systems, which you can access from both a computer and mobile phone. You can also add an approval flow for supplier invoices and expenses. You can also scan your invoices to send them directly via a mobile phone app!
You scan the supplier invoices and receipts
We send the invoices for payment
You save the paper original in a folder in date order
• Continuous bookkeeping
• Payroll administration
• Accounts receivable
• Supplier accounts receivable
• Incoming and outgoing payments
• Cash outlays