Corporate bookkeeping and monthly financial statements
Ongoing double-entry bookkeeping under the Finnish Accounting Act (1336/1997), monthly ledgers reconciled to bank and sales data, and a monthly income statement and balance sheet delivered on a fixed schedule.
What the work involves
Purchase and sales ledger maintenance, bank reconciliation, fixed-asset register and depreciation, accruals and period allocation, monthly management figures, and the statutory financial statements and notes at year end. Books are kept in a format your appointed auditor or the Tax Administration can inspect directly.
What you receive
- Monthly income statement and balance sheet
- Reconciled purchase and sales ledgers
- Fixed-asset register and depreciation schedule
- Statutory financial statements and notes
- Financial statements filed with the Trade Register within the statutory 8 months
Also part of this area
Related work
Year-end close and statutory filing
Year-end close, financial statements and notes in the disclosure set that matches your size class, the corporate tax return, and filing with the Trade Register.
New company accounting setup
Chart of accounts, opening balances, VAT and prepayment register applications, and the monthly routine agreed before the first period closes.
Transfer from a previous bookkeeper
Reviewing and importing the ledgers you already have, reconciling the opening position, and confirming which filings remain due for the current financial year.
Check your own position
What the statute requires of your company
Enter your figures to see the obligations that follow, when they fall due, and an indicative fee range for the work.
Interactive
Statutory scope & bookkeeping cost estimator
Move the figures to see which Finnish statutory obligations your company falls under, when they fall due, and an indicative fee range for the work. It is not a quotation and not a forecast of tax.
Net sales for the financial year. Drives the VAT period and one of the three audit thresholds.
Total assets at the year end. One of the three audit thresholds.
Incoming invoices and receipts to be recorded each month.
Outgoing invoices raised each month.
Average number on the payroll. One of the three audit thresholds, and it drives payroll reporting.
VAT period
Monthly VAT period
Turnover above EUR 100 000 requires the monthly VAT period.
Arvonlisäverolaki 1501/1993 (AVL), incl. §3 and §162a-b — returns due by the 12th of the second month after each month.
Statutory audit
An auditor must be elected
3 of the three thresholds are exceeded in each of the two most recent financial years, so an auditor must be elected.
Tilintarkastuslaki 1141/2015, 2 luku 2 §. An auditor may be left unelected only if at most ONE of the three thresholds was exceeded in each of the two most recent completed financial years.
Size class
Micro-undertaking (mikroyritys)
The lightest statutory disclosure set applies to the financial statements.
Kirjanpitolaki 1336/1997, 1 luku 4 a-4 b §
Payroll reporting
4 payslips per month
Each earnings payment must be reported to the Incomes Register within 5 calendar days of the payment date, and the employer’s separate report is due by the 5th of the following month.
Laki tulotietojärjestelmästä 53/2018 — earnings payment report within 5 calendar days of the payment date; employer's separate report by the 5th of the following month.
Audit thresholds exceeded
3 / 3
- • Balance sheet total over EUR 100 000
- • Turnover over EUR 200 000
- • More than 3 employees on average
- This is an indicative scope estimate. It is not a quotation, an offer, or tax advice.
- Fee ranges reflect ordinary bookkeeping-bureau rates for the volumes entered. An engagement is priced only in a written agreement.
- Statutory conclusions follow the sources cited beside each result and depend on the figures entered being accurate and complete.
- No result on this page is a forecast of tax payable, tax saved, or any other financial outcome.
Next step
Ask about corporate bookkeeping and monthly financial statements
Tell us your figures and your financial year and we will reply with the scope and what it would cost.
Etelä-Savon Kiinteistönotariaatti Oy · Business ID 0453186-1 · Mikonkatu 8 A 15, 50100 Mikkeli, Finland