Accounting providers

Accounting providers refers to an external service provider that handles ongoing Financial accounting within the legally permissible scope.

Basics

An accounting provider takes over organisationally outsourced bookkeeping tasks. These include, in particular, the recording of business transactions, Account assignment, creation of Booking entries and account reconciliations.

The responsibility for the completeness and accuracy of the documents remains with the company.

Legal framework

The performance of ongoing bookkeeping work is regulated by law. A bookkeeping provider may exclusively carry out activities within the permissible scope. Tax advice or legal representation is regulated separately.

Systematic classification

Organisationally, an accounting provider is part of external accounting.

Typical areas of responsibility

  • Live booking of business transactions
  • Reconciliation of debtor and creditor accounts
  • Maintenance of main and subsidiary ledgers
  • Preparation of business evaluations
  • Assistance with preparatory final works

Typical procedure

  1. Provision of accounting records
  2. Recording and accounting
  3. System Entry
  4. Voting and plausibility check
  5. Provision of evaluations

Practical relevance

In practice, cooperation is based on clearly defined processes and responsibilities. Even when carried out externally, the company remains responsible for the regularity of the accounting records.

Typical sources of error

  • Incomplete documents
  • Unclear task definition
  • Missing coordination processes

FAQ

Does the company remain liable?

Yes. The responsibility for the proper bookkeeping remains with the company.

Conclusion

An accounting provider handles ongoing bookkeeping work within the legally permissible framework. It is clearly distinct from tax advice and is organisationally part of external accounting.

Author the BAS editorial team Services pursuant to § 6 No. 3 and 4 StBerG, no tax or legal advice.

Brasser Accounting Solutions GmbH is a specialised accounting service provider and part of a corporate group with Quint GmbH (tax consultancy/auditing) and Service Place Årjäng AB (Swedish tax office). BAS exclusively performs services according to § 6 No. 3 and 4 StBerG and does not provide tax or legal advice.