Restoration of the Accounting System
Accounting maintenance is a continuous and precise process. However, in the activity of any company, situations may arise when part or all of the accounting records are lost, incorrect, or simply absent for a certain period. This may be caused by loss of documents, change of accountant, improper accounting practices, software failures, or other reasons. Restoration of accounting and tax accounting is a complex but vitally important task that allows financial data to be brought into order, penalties to be avoided, and transparency of operations to be ensured. Our company provides professional accounting recovery services — full or partial — for companies in the Republic of Moldova, including restoration of tax accounting and reporting.
Why is accounting restoration critically important?
Violations in accounting and tax accounting may lead to serious consequences:
- Fines and sanctions: for failure to submit or incorrect submission of tax and financial reporting to the State Tax Service.
- Bank account blocking: by tax authorities due to non-compliance with legal requirements.
- Reputational losses: inability to provide reliable financial information to partners, investors, or banks.
- Lack of control: inability of management to make informed decisions due to the absence of up-to-date accounting data.
- Difficulties during inspections: significant issues during tax audits and interaction with supervisory authorities.
Our accounting system restoration services
We offer comprehensive accounting restoration services in Moldova, enabling compliance with legislation and ensuring proper ongoing accounting maintenance.
Express analysis of accounting status
- Initial assessment: rapid analysis of the current state of the company’s accounting and tax accounting, identification of periods and areas requiring restoration.
- Scope definition: assessment of the volume of work, timelines, and preliminary cost of accounting recovery services.
Collection and systematization of primary documents
- Gap identification: detection of missing primary documents (invoices, acts, payment orders, bank statements, etc.).
- Document recovery: assistance in requesting and obtaining duplicate documents from counterparties, banks, and other sources.
- Systematization: ordering and archiving all available and restored primary documents as part of accounting restoration.
Data entry and processing
- Data input: entry of all restored and missing information into accounting software.
- Accuracy verification: reconciliation of data, verification of accounting entries, settlements with suppliers and customers, bank transactions, and cash records.
- Error correction: identification and correction of errors and inaccuracies in accounting and tax accounting.
Restoration of registers and reporting
- Register formation: restoration and preparation of mandatory accounting and tax registers.
- Reporting preparation and submission: preparation and submission of amended tax declarations and financial statements for previous periods in accordance with the requirements of the State Tax Service and the National Bureau of Statistics of the Republic of Moldova.
Interaction with government authorities
- Explanations and support: representation of the company’s interests and provision of explanations to government authorities regarding restored accounting and tax periods.
Recommendations for further accounting maintenance
- Prevention: recommendations on optimization and automation of accounting processes, development of internal policies to prevent similar situations in the future.
- System setup: assistance with configuring accounting software and training company staff.
Why choose us?
Our specialists have in-depth knowledge of accounting and tax legislation of the Republic of Moldova and significant practical experience in accounting restoration of varying levels of complexity. We guarantee confidentiality, efficiency, and careful handling of clients’ financial information. We understand that accounting restoration is not only a technical task but also an opportunity to build a transparent and efficient financial management system. By working with us, you gain a reliable partner for accounting and tax accounting restoration in Moldova, helping to minimize risks and ensure sustainable business development.
📩 Leave a request or order a consultation — BULR specialists will contact you at a convenient time.
