KLT Accounting Ltd

Dora Dimcheva, manager of KLT Accounting Ltd

National High School in Finance and Business, Economist-Accountant-Manager, 2002
International Business School, International economic relations, Bachelor’s degree, 2011
International Business School, Accounting and Auditing, Master’s degree, 2016
Institute of Certified Public Accountants, since 2016 in progress of acquiring qualification of a certified public accountant according to art. 17 Independent Financial Audit Act

Preparer of financial statements in accordance with art. 17 in connection to art. 18 Accountancy Act

Languages: English

In response of the needs of our clients, we updated our portfolio of services with bookkeeping, payroll services, preparation of financial statements and reports, preparation and filing of annual tax returns and all other types of declarations, required by the tax and social insurance legislation in force.

The services provided include:

1. Bookkeeping

1.1. Drawing up an individual chart of accounts in full compliance with the needs and the activity of your enterprise
1.2. Drafting of internal rules for documents workflow.
1.3. Control for conformity of the primary accounting documents with the national accounting and tax legislation. Invoicing.
1.4. Chronological registration of accounting operations. Keeping of systematic, synthetic and analytical accounting records to summarize accounting information.
1.5. Preparation of necessary internal and secondary accounting documents.
1.6. Assistance in stocktaking and other internal control procedures.
1.7. Preparation of declarations and reports for Bulgarian National Bank.
1.8. Preparation of declarations and reports for National Statistical Institute.

2. Reporting and declaration of value added tax

2.1. Reporting of value added tax in accordance with Value Added Tax Act.
2.2. Reporting and providing information for the INTRASTAT-System
2.3. Prepare and provide the tax authorities the monthly VAT returns, logs of purchases and sales, inventories and other documents referred to in VAT Act.

3. HR administration and Payroll

3.1. Collecting, checking and confirming monthly personnel input data and regular employee data and remuneration.
3.2. Input and processing of your personnel salary data via specialized software.
3.3. Preparation of monthly payroll sheets for your personnel and other reports on gross and net remuneration, social security and health insurance, personal income tax, sick-leave compensations.
3.4. Preparation of bank payment documents for social security and health insurance, personal income tax, sick-leave compensations and employee pay.
3.5. Notifications to the National Revenue Agency regarding concluded, amended or terminated employment contracts.
3.6. Sick-leave sheets processing of your employees and submission to the National Social Security Institute.
3.7. Completion and certification of employment record and/or social security record books of your personnel.
3.8. Keeping of personal files of the employees.

4. Preparation of financial statements and reports

4.1. Preparation of financial statements in accordance with Bulgarian accounting legislation and standards NFRSSME and IFRS.
4.2. Drawing up an annual report on the activity (management report).
4.3. Preparation of financial statements for group and consolidation purposes.
4.4. Preparation of monthly, quarterly, six-month period statements for management purposes.

5. Tax declaration

5.1. Calculation of input tax and corporate tax, preparation and filing up of the annual corporate tax returns.
5.2. Calculation of all other kinds of taxes under the Corporate Tax Act, preparation and filing up of the required declarations hereto.
5.3. Preparation of reports, statements, certificates, bills for payment and other documents according to the requirements of the Personal Income Tax Act.

6. Accounting advice

6.1. Accounting advice on the choice of accounting policies and/or application of National Financial Reporting Standards for Small and Medium-sized Enterprises (NFRSSME), International Financial Reporting Standards (IFRS).
6.2. Keeping you regularly updated on changes in the accounting, tax, employment and tax legislation concerning your business.
6.3. Communication and representation before the revenue authorities in tax reviews and audits and other forms of control.
6.4. Representation in negotiations with banks, financial or credit institutions, including the preparation and submission of statements, reports, explanations and / or other data or explanations.