Fast close

– is a range of measures for preparing reports within a highly constrained timeframe after the end of the reporting period. Using special technologies and methods, our specialists organize the client’s company’s business processes in such a way as to solve the main problems of closing.

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How to solve the problem of different approaches to accounting?

The peculiarities of accounting regulation in the Russian Federation are fixed on the formation of transactions in the database only after receiving the originals of closing documents from suppliers. This fact slows down the closing time of the financial period, sometimes stretching it out to 20 days.

However, deadlines for closing the period according to the standards of group can be tighter: 3 – 10 days.

Each project is realised using the synergy of an individual approach and accumulated experience of working with clients. With proactive involvement of key users on the client’s side, such a design is the most successful in achieving the desired results.

We propose the implementation of fast close

Our services:

– Receiving primary documents from counterparties and company employees.
– Formation of accounting entries even if documents are not received on time (accruals, provisions).
– Transformation to IFRS (group standards) or parallel accounting.

As is

– Monthly close: day 20
– Quarterly reporting: 25-30 days
– Annual report: 45-60 days

To be

– Monthly close: 3-10 day
– Quarterly reporting: 10 days
– Annual report: 30 days

Advantages of working with swilar

Expertise

Our specialists are highly qualified and have extensive experience in their field. We provide quality services based on best practices and innovations.