Outsourcing of accounting services
Accounting for Commercial Companies
The comprehensive range of our services will allow you to carry out employee affairs in one place. We offer services in the area of:
Packages
Our services
Book
accounting
Ledger
revenue and lump sum
Accounting for foundations and associations
Accounting for companies
According to the Accounting Law, the obligation to keep books of account, i.e. full accounting, applies to commercial companies (partnerships and corporations, including those in organization).
Full accounting is also required for sole proprietorships or partnerships as soon as the amount of their revenues exceeds €2 million net (expressed in Polish currency) for the previous fiscal year.
We keep the accounts of entities such as:
– limited liability company,
– a one-person limited liability company,
– sp. z o.o. sp. limited partnership,
– limited partnership,
– SIMPLE COMPANY,
– joint stock company,
– limited joint-stock partnership,
– As well as other business entities required to maintain full accounting.
As part of the cooperation, we provide:
SUPPORT DURING THE REGISTRATION OF THE COMPANY AND AT THE INITIAL STAGE OF ITS OPERATION
SUPPORT OF A TEAM OF ACCOUNTANTS AND TAX ADVISORS
RELIABLE BOOKKEEPING AND TIMELY PREPARATION OF FINANCIAL REPORTS
COMPREHENSIVE TAX SERVICES
IMPLEMENTATION OF TECHNOLOGICAL SOLUTIONS
WE PROVIDE CONSULTATION AND PERIODIC TRAINING FOR OUR CLIENTS
CSO
PAYROLL, HUMAN RESOURCES, BENEFITS PROCESSING
ONE-PERSON
BUSINESS
BUSINESS
Simplified accounting in the form of income records for the purposes of lump-sum income tax, and a tax revenue and expense led ger may be maintained by companies whose revenues did not exceed the net amount of EUR 2 million (expressed in the Polish currency) for the previous fiscal year.
Once a company’s revenue exceeds this threshold, full accounting must begin in the next fiscal year.
Legal forms of companies that can conduct simplified accounting:
– sole proprietorship (JDG),
– general partnership,
– civil partnership,
– partnership.
Types of simplified accounting provided by our accounting office:
- Lump sum on registered income
- Tax Book of Income and Expenses (PKPiR)
As part of the cooperation, we provide:
SUPPORT DURING THE REGISTRATION OF THE COMPANY AND AT THE INITIAL STAGE OF ITS OPERATION
SUPPORT OF A TEAM OF ACCOUNTANTS AND TAX ADVISORS
RELIABLE AND COMPREHENSIVE ACCOUNTING SERVICES
IMPLEMENTATION OF TECHNOLOGICAL SOLUTIONS
WE PROVIDE CONSULTATION AND PERIODIC TRAINING FOR OUR CLIENTS
CSO
PAYROLL, HUMAN RESOURCES, BENEFITS PROCESSING
ASSOCIATIONS
AND FOUNDATIONS
Foundation, versus association
In today’s society, nonprofit organizations such as foundations and associations play an important role in achieving social goals. A foundation, is an institution established for charitable, philanthropic, scientific or educational purposes, often supporting financial projects. An association, on the other hand, is an organizational form in which members join forces around a common goal, engaging in social, cultural or educational activities. The two types of organizations differ in structure and operating principles, but their essence lies in their impact on the welfare of the community and the environment.
What do they have in common?
Here are some important aspects that link these two non-profit structures:
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Accepting Donations and Grants:
Both foundations and associations have the ability to accept donations from individuals, companies or institutions. In addition, both structures can apply for various types of grants, which is an important source of funding for their activities. -
Public Benefit Organization (PBO) status:
Both foundations and associations have the opportunity to apply for Public Benefit Organization status. This distinction not only raises their prestige, but also opens the door to various forms of financial and fiscal support. -
Volunteers:
Both structures can benefit from the help of volunteers, which provides important support for their social activities. Volunteerism is integral to both forms of organization, enabling community involvement in achieving common goals. -
Hiring Employees:
Both foundations and associations have the ability to hire employees. Creating professional teams allows the organization to fulfill its mission more effectively and enables it to carry out more complex projects. -
Bookkeeping:
Last but not least similarity is the need for full and reliable accounting. Both foundations and associations are required to be transparent and accountable in managing their finances.
What are the differences between them?
In today’s article, we will focus on the important differences between foundations and associations – two important organizational forms that, despite their similarities, exhibit different aspects in their functioning.
1 Founding and Number of Founders:
- Foundations: Can be established by a minimum of one funder, allowing for a customized approach to achieving the foundation’s mission.
- Associations: Require at least seven founders, which encourages a greater diversity of ideas and community enthusiasm.
2 Initial Capital:
- Foundations: For foundations without business activities, the initial capital is at least PLN 1,000, while for those with business activities, it is any amount.
- Associations: They do not require founding capital, making them more accessible to different social groups.
3 Membership fees:
- Foundations: Usually do not collect membership fees, which allows for more flexible financial management.
- Associations: They can collect dues from their members, which provides an additional source of funding for the organization.
4 Organizational Decisions:
- Foundations: Decisions are made by the foundation’s board of directors, which allows the organization to effectively manage its activities.
- Association: Decisions are made by both the board of directors and the general membership meeting, reflecting the democratic nature of the structure.
5 Audit and Review:
- Foundations: Are not required to form a foundation board, which gives flexibility to control operations.
- Associations: They must have an audit committee, which is a mandatory element, increasing transparency and financial accountability.
In today’s world, running nonprofit organizations such as associations or foundations requires not only passion and community involvement, but also a professional approach to financial management. In this area, Abix Consulting stands out as a partner that offers comprehensive accounting services for associations, foundations and family foundations.
Professionalism in the Associations Area
We support associations in maintaining financial clarity, allowing them to focus on achieving their mission. Our experience includes handling all forms of social activities, covering both those of a cultural and educational nature.
Meticulous Accounting for the Foundation:
Foundations play a key role in creating positive social change. That’s why we offer comprehensive accounting and financial services, tailored to the specifics of the foundation. We help manage funds, ensuring compliance with current regulations.
Creative Solutions for Family Foundations:
Family foundations are a unique form of nonprofit organization, combining philanthropic goals with the inheritance of family values. Understanding this context, our office offers a flexible and creative approach to family foundation accounting, helping to preserve legacies and effectively manage funds.
Why Abix Consulting?
- Experience: We are a team of professionals with extensive experience in the field of accounting for non-profit organizations.
- Tailored Solutions: We tailor our services to meet your individual needs, paying attention to the unique aspects of your organization’s business.
- Regulatory Compliance: We ensure that our clients always operate in compliance with current legal regulations, which affects their reputation and the trust of the community.
