AB ways

AB ways provides outsourced accounting in Latvia for both companies and private individuals with business income. It can set up a new firm's accounting from scratch and then run its bookkeeping, tax and reporting each period.

What AB ways offers

• Company bookkeeping — accounting policy, preparing and checking source documents, keeping registers, and recording assets, liabilities, income and costs.
• Payroll — salary calculations including holiday and sick pay.
• Tax and statutory reporting — tax calculations, tax returns, reports to the Central Statistics Office and annual reports.
• Reconciliations and asset records — balance checks with customers and suppliers, plus fixed and intangible asset records.
• Services for individuals — income and expense journals, value added tax records, tax declarations and capital gains calculations.
• Advice and audits — accounting and tax consultations, internal reports and support during tax inspections.

Who it works with

The firm works with legal entities and with self-employed individuals who need their business records and tax filings handled.

Key facts

• Based in: Latvia
• Client types: companies and natural persons