• Record keeping in our computerized accounting system or accounting maintenance and operation in our client’s ERP;
• Preparation of chart of accounts;
• Adaptation and definition of cost centers;
• COGS/Inventory control support
• Monthly financial statements;
• Payroll;
• Year-end financial statements;
• Conversion of financial statements from local standards to US GAAP or IFRS;
• Cash flow and comparative budget reports;
• Budgeting and forecasting support;
• Costs, sale pricing, and inventory valuation support according to the laws of Brazil;
• Explanation of and support dealing with the Brazilian tax system;
• Monthly report according to the client’s international format.
• Planning and structuring of chart of accounts, balance sheet, reports;
• Financial management support, Treasury – accounts payable and accounts receivable;
• Payroll;
• Taxes, statements, and accessory liabilities;
• Invoicing support;
• Monthly report – Brazil GAAP to US GAAP or IFRS;
• Closing of books, journals and fiscal year.
• Efficient preparation of ACCOUNTING SPED / TAX SPED / EFD/ ECF/ REINF;
• Monthly processing of fiscal books, tax assessment;
• Advising and guidance regarding questions and procedures to be adopted when importing, legal requirements for issuing import invoices;
• Preparation of documentation and completion of RFB – Receita Federal do Brasil (Internal Revenue Service of Brazil) forms for obtaining simplified or regular RADAR;
• Preparation of tax credit compensation and/or recovery processes and defense in deficiency notice actions and in Perd/Comp;
• SISCOSERV;
• Statements:
• DIRF - (Withholding tax statement) – Annual
• ECF – (Accounting and fiscal bookkeeping)
• DCTF (Statement of Federal Contributions and Taxes) – Monthly
• GIA/GIA-ST (Assessment of ICMS in SP and assessment of ICMS-ST for taxpayers with additional registration) – Monthly
• DFC (Tax-Accounting Statement) – Annual
• DMED (Medical and healthcare services statements) – Annual
• DIMOB (Real estate operations statement) – Annual
• Sintegra (Magnetic files required by state revenue services) – Monthly
• Monthly payroll processing;
• Vacation and 13th salary processing;
• Admission and registration of hired personnel;
• Terminations and follow up of dismissed personnel with labor unions;
• Preparation of documents to be submitted to the Ministry of Labor, accessory liabilities such as RAIS, DIRF, GFIP, and annual revenue reports;
• Guidance on labor and tax procedures to be adopted;
• Advising on labor and social security matters and compliance;
• Management of client’s bank accounts according to their company needs and in accordance with the provisions and authorizations of the company’s legal representative;
• Management of checking accounts and financial investments;
• Control of accounts payable and accounts receivable;
• Execution of foreign exchange contracts;
• Issue of cash flow reports.
• Establishment of companies, corporations, individual and non-profit associations;
• Corporate, tax, and accounting books;
• Clearance of authorization to issue invoices;
• Certificates of clearance;
• Amendments to agreements, M&A, spin-off and consolidation reports, procurement of permits;
• M&A, spin-off and consolidation reports, support and advising.
• Maintenance and accounting directly in the client’s system by installing the data system module used by the client in our equipment; electronic transmission of accounting and financial information;
• Cost systems;
• Limited reviews and internal process audits;
• Internal control and procedure reviews;
• Advising and monitoring the implementation of computer systems; DIPF (Individual Income Tax Return);
• Accounting department organization;
• Advising on accounting for companies;