Bookkeeping that keeps every business record under control
From document delivery to reconciled records: a clear process, agreed deadlines and information you can use.
A clear monthly bookkeeping process
Reliable bookkeeping begins with an agreed list of documents, a delivery deadline and a responsible contact person. We check invoices, bank statements, cash documents, contracts and other records before posting. Missing or unclear items are recorded and returned for clarification instead of being silently assumed. When RA Eksperta is engaged to maintain the books, the required books and supporting records are kept electronically, with an organised audit trail from each entry to its source document.
Companies and sole proprietors do not keep identical records
The required books depend on legal form, activity, tax status and business volume. Companies generally use double-entry accounting. A sole proprietor may need a retail trade book, calculations for goods, hospitality records such as the business book, bar book and daily kitchen sheet, a service book, a revenue book or additional books for revenue, expenses, receivables, liabilities and fixed assets. We first identify the client’s actual obligations and then configure the electronic records accordingly.
Small and large sole proprietors
The scope of records for a sole proprietor is not determined by one label alone. Activity, turnover and the current rules for small or large entrepreneurs affect the books and reports that must be maintained. When the applicable threshold for moving to financial accounting is reached, currently linked to annual turnover above BAM 500,000 under the relevant rules, the change is prepared for the following accounting period. We monitor turnover and inform the client before the transition becomes urgent.
VAT records and returns
A taxable person must monitor turnover relevant to VAT registration. The current compulsory registration threshold in Bosnia and Herzegovina is BAM 100,000. After registration, documentation must support the purchase and sales ledgers, VAT return and the electronic eKUF and eKIF records submitted to the Indirect Taxation Authority. The standard VAT rate is 17 percent. We do not apply a tax treatment merely from the invoice title; the transaction, date, parties and supporting evidence are reviewed.
Reconciliations and controls
Posting is only one part of the work. We reconcile bank balances, customer and supplier accounts, taxes, cash records, fixed assets and other relevant subsidiary ledgers with the general records. Unusual balances, duplicate documents, inconsistent dates and open items are highlighted. This produces a dependable period-end position and reduces the risk that a missing document or an old unreconciled item affects a later report or tax filing.
Documents you receive
The agreed service may include bookkeeping reports, open-item lists, VAT overviews, fixed-asset schedules, summaries for payment and explanations of significant changes. The exact package depends on the client’s form and needs. We state which information is final, which item is waiting for documentation and what action is required from the client. This makes monthly communication practical instead of reducing it to an exchange of files.
Starting or transferring the service
At the beginning we review registration information, tax status, existing books, opening balances, unresolved differences and the method used to exchange documents. A transfer from another agency is planned by date and responsibility so that no period is left unattended. We do not automatically copy unexplained balances into the new system. The result is a documented starting point and a predictable routine for future months.
What you receive
A reliable service tailored to your business
We agree the scope, document workflow and reporting rhythm according to your needs.
Clearly defined scope
We agree what the service includes and which deadlines apply.
Organised documents
We establish a simple method for delivering and exchanging documents.
Understandable information
You receive data presented clearly and usefully for your business.
Ongoing support
We are available for questions related to the agreed service.
Request an offer for: Bookkeeping
Contact us and we will prepare a cooperation proposal tailored to your business.