Recovery of Accounting Systems

Accounting is a continuous and precise process. However, any company may face situations where some or all of its records are lost, incorrect, or simply missing for a certain period. This can happen due to lost documents, a change in accountants, dishonest record-keeping, software failures, or other reasons. Recovering the accounting system is a complex but vital task that allows you to get your financial data in order, avoid fines, and ensure operational transparency. Our company provides professional services for the full or partial recovery of accounting and tax records for businesses in the Republic of Moldova.

Why Accounting Recovery is Critically Important

Deficiencies in accounting can lead to serious consequences:

• Fines and Penalties: For failing to submit or incorrectly submitting tax and financial reports.
• Account Freezes: By tax authorities for non-compliance with regulations.
• Reputational Damage: The inability to provide accurate information to partners, investors, or banks.
• Lack of Control: Management is unable to make informed decisions due to the absence of up-to-date data.
• Inspection Difficulties: Problems with regulatory bodies during audits.

Our Services for Accounting System Recovery

We offer a comprehensive approach that will help you restore your records, bring them into compliance with the law, and ensure they are maintained correctly going forward.

Express Accounting Analysis

• Initial Assessment: We conduct a quick analysis of your current accounting and tax records to identify periods and areas that require recovery.
• Scope of Work: We evaluate the volume of work needed, the timeline, and the estimated cost of the recovery process.

Collection and Systematization of Primary Documents

• Identifying Gaps: We identify missing primary documents, such as invoices, payment orders, bank statements, etc.
• Document Recovery: We help you request and collect duplicate documents from your business partners, banks, and other sources.
• Systematization: We organize and archive all available and recovered primary documents.

Data Entry and Processing

• Information Entry: We enter all recovered and missing data into your accounting software.
• Verification: We reconcile data, check entries, and verify calculations with suppliers and customers, bank transactions, and cash documents.
• Error Correction: We identify and correct errors and inaccuracies found in the records.

Recovery of Registers and Reports

• Register Creation: We restore and create all necessary accounting and tax registers.
• Preparation and Submission of Reports: We prepare and submit revised tax declarations and financial reports for past periods in accordance with the requirements of the State Tax Service and the National Bureau of Statistics of the Republic of Moldova.

Interaction with State Bodies

• Clarifications and Support: We represent your interests and provide necessary clarifications to state bodies should any questions arise about the recovered periods.

Recommendations for Future Accounting

• Prevention: We provide recommendations to optimize and automate your accounting processes and develop internal regulations to prevent similar situations in the future.
• System Setup: We assist with setting up your accounting software and provide training for your staff.

Why Choose Us?

Our specialists have deep knowledge of accounting and tax legislation in the Republic of Moldova and extensive practical experience in recovering records of varying complexity. We guarantee confidentiality, efficiency, and thoroughness in handling your financial information. We understand that accounting recovery is not just a technical task; it’s an opportunity to establish a transparent and efficient financial management system. By choosing us, you gain a reliable partner who will help you restore order to your financial reporting, minimize risks, and ensure the confident development of your business.