Accounting and reporting services in North Macedonia

Stay on top of your local accounting obligations and diverse range of regulations, standards and reporting requirements applicable in North Macedonia with the help of our professional expert accountants.

Our local expert team, consisting of both accountants and tax advisors, is ready to act as an integral part of your internal finance department providing all required expertise, functionality and value of an inhouse team.

With the help of our innovative cloud technology combined with our professional service, we will help you to automate, standardize and streamline your accounting and reporting processes to be able to increase efficiency and control of your financial operations in North Macedonia and across the Balkan region. Take well-informed business decisions by getting better control and more accurate reporting – locally and across more countries.

Our accounting, bookkeeping, reporting and tax compliance services in North Macedonia can include:

• Bookkeeping of all primary documents in compliance with local statutory requirements
• Maintenance of the statutory accounting general and subsidiary ledgers
• Monthly closing of accounts, reports on profit and loss, balance sheet, cash flow
• Accounts Payable and Accounts Receivable services
• Bank payment administration and cash management
• Inventory services, fixed asset, leases and loans
• Stock management consultancy services
• Preparation of all required statutory reporting and submission to local authorities
• Customized management reports
• Consolidated reporting, reconciliation between statutory and management reports
• Preparation of reports in both local GAAP and international IFRS/US GAAP standards
• VAT registrations and return filings, VAT compliance and consultancy
• Preparation and submission of the Annual Financial Statements (AFS)
• Preparation and submission of the Corporate Income Tax Return (CIT Return)
• Representation in communication with the Macedonian Tax Office and all statutory authorities
• Assistance and representation during audits, inspections and tax controls
• Any other tax consultancy associated with local taxes, real estate taxes, and others

Accounting consultancy

Our local teams of highly qualified and experienced accountants and tax consultants are here to support your operations and ensure they meet the legislation requirements applicable in North Macedonia and across the Balkan region. With our support, you can focus towards more strategic functions of the financial management.

We are ready to use our best practices that are tailored to the Macedonian market to provide you with custom solutions and reliable accounting consultancy that can include:

• Establishing accounting control procedures and systems
• Review and optimization of accounting and financial processes
• Fast reconciliation of general ledger accounts
• Financial and accounting due diligence
• International IFRS and US GAAP reporting

Accounting portal

We designed our Accounting online portal to simplify, automate and streamline accounting-related processes, go fully digital thus reducing paperwork and related errors, gain better control and oversight, increase transparency over documents and workflows. Your employees can now manage tasks in a secure and user-friendly cloud environment. The portal is developed to become a single interface for your accounting operations, thanks to a direct integration with your ERP system, to provide you with immediate updates and reports about the financial picture of your organisation.

By using our Accounting portal, you can:

• Digitalize your accounting documents and processes
• Connect the portal directly to your accounting software
• Effectively manage purchase invoices and other accounting documents
• Gain instant access to the financial status of your organization