Accounting Services refers to the structured execution of ongoing bookkeeping work by an external service provider within the legally permissible framework.
Basics
A bookkeeping service typically includes ongoing activities such as Financial accounting, such as the recording of receipts, account assignment, creation of journal entries or account reconciliations.
The services must be clearly distinguished from tax advice or legal representation.
Legal framework
The execution of ongoing bookkeeping work is regulated by law. It is particularly important that activities are carried out within the permissible scope and that no tax advisory services beyond this are provided.
Systematic classification
- Financial accounting
- FiBu
- Double-entry bookkeeping
- Account assignment
- Booking entry
- Prepare year-end accounts
An accounting service is organisationally classified as an outsourced form of ongoing bookkeeping.
Typical areas of responsibility
- Capture and structuring of receipts
- Live booking of business transactions
- Reconciliation of debtor and creditor accounts
- Preparation of evaluations
- Assisting with the preparation of the annual financial statements
Typical procedure
- Provision of documents
- Recording and accounting
- System Entry
- Voting and plausibility check
- Provision of evaluations
Practical relevance
An accounting service can be completely outsourced or carried out in close coordination with internal staff. Clear responsibilities and structured processes are crucial.
Typical sources of error
- Unclear task definition
- Incomplete documentation
- Missing process documentation
FAQ
Does an accounting service differ from an in-house accounting department?
Yes. The difference lies primarily in the organisational outsourcing of ongoing bookkeeping tasks.
Conclusion
A bookkeeping service is the structured execution of ongoing bookkeeping tasks by an external service provider and is organisationally part of external accounting.
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.
