Members of the Bookkeeping Team provide a complete range of outsourced bookkeeping and payroll services. The team has an excellent knowledge of both Albanian accounting legislation and International Financial Reporting Standards. Services include day-to-day bookkeeping, preparation of statutory financial statements, preparation of any additional reports and advice regarding the structure, presentation and disclosure of financial statements, as well as payroll and related services for local staff and expatriates.
Bookkeeping is the process of recording, in chronological order, daily transactions of a business entity. It forms part of the accounting information system. On the other hand, accounting is an information system– includes process of recording, classifying, summarizing, reporting, analyzing and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making.
Our professional team including CA’s, accountants and administrative staff are capable of handling all your book keeping and accounting processes, from basic Accounts Receivable(AR) and Accounts Payable (AP) entry, payment and processing, to the more difficult duties of a CFO.
We apply stringent data / information security measures for your bookkeeping needs so that you can focus on your core competencies while we manage your bookkeeping activities. We at Frashëri & Associate realize the importance of being updated with accounting and are here to provide you with internationally accepted accounting & bookkeeping outsourcing services which can be utilized for various internal decision making and reporting purposes. Frashëri firm provides bookkeeping services & accounting services – weekly, monthly, quarterly and annually as per the requirement.
In addition to above mentioned bookkeeping and accounting services being provided to business set ups, we also provide innovative accounting / bookkeeping customized reports to assist you further in performing an in-depth analysis of the performance of the various business units. Most commonly used accounting softwares are: Caseware, Draftworx, Financa 5, Alpha Platinium and Microsoft Office, Tally ERP 9, Profitbooks, Quickbooks, SAP, Oracle, Quicken etc.
We have been providing accounting and bookkeeping services in Albania and to global clients and this has helped us gain a competitive advantage which can leveraged and utilized by our customers in getting end to end financial and accounting support at substantially lower cost.