Accounting outsourcing for large enterprises
The Bulgarian legislation considers for large enterprises, enterprises that as of December 31 of the current calendar year exceed at least two of the following indicators: book value of assets – BGN 38,000,000; net sales revenues – BGN 76,000,000; average number of staff for the reporting period – 250 people. They often have own accounting department. In turn, it may consist of different units in depending on the size, divisions and activities of the company: commodity unit, financial and accounting, payments to staff, stocks, capital assets, tax and excise unit, etc. Continue reading “Why accounting outsourcing is appropriate for small, medium and large enterprises?”