BDO OUTSOURCING
Outsourcing services
OUR IDENTITY
IS MANIFESTED IN OUR SERVICES, BECAUSE BESIDES BEING GLOBALS
WE UNDERSTAND BETTER THAN ANY ONE WHAT MEANS TO BE LOCAL.
WE SERVE THE NEEDS
OF A MARKET IN CONSTANT EXPANSION
WE ARE
WE ARE
GLOBAL,
LOCAL
SERVICES
Outsourcing Services
The Outsourcing services have been established as an excellent alternative to avoid the organizations to waste their economic and administrative resources in
functions that can be delegated to third parties that are experts in those subjects, and with less cost to the company.
We offer a variety of outsourcing services, intended for the administrative, financial and accounting areas, through a highly qualified professional team that has the necessary tools to achieve an optimal performance for your business.
GENERAL ACCOUNTING
PAYROLL PROCESSING AND SOCIAL
SECURITY ADMINISTRATION
COMPILATION OF FINANCIAL
INFORMATION
OTHER ADMINISTRATIVE SERVICES
STATEMENTS OF INCOME
We study and evaluate the operations of the accounting system of your business with the purpose of suggesting the establishment of the necessary administrative controls, as well as the use of forms and reports that guarantee the generation of reliable countable and financial information. We render the services of general accounting, according to international standards and acceptable accounting
principles, taking in consideration, the regulatory framework of the industry in which your company operates, applied over a consistent base.
These services may include, depending on the request of each company, the following:
1- Organization of the accounting system
2- Processing of the monthly operations of purchases, sales, payments, receipts and bank deposits.
3- Render monthly reports by computer - General Balance
- Profit & Loss
- Trial balance and detail of each account - Overhead detail
- Bank reconciliation - Transaction Reports - Tax support
(Tax, Social Security, labor, Goods and Services Transfer Tax, tax stamps, etc)
4- Confection of tax returns
The processing of the accounting information, if your company does not have computer equipments, this can be provided through our computer systems, we guarantee you will have up to date information related with the company’s operations and this allows you to make a more secure decision in regards to any changes that are required in an administrative or financial level.
We consider that it is very important that we prepare the accounting work in the client’s offices, with this we can detect at that time of being present, any error or irregularity and be able to feel personally any accounting or
administrative problems, offering immediate solutions to the company’s management.
IMPORTANT
WHAT IS
YOU
FOR
IS IMPORTANT
FOR
US
GENERAL ACCOUNTING
PAYROLL PROCESSING AND SOCIAL
SECURITY ADMINISTRATION
The payroll services are based in the Payroll Module, which processes different types of payrolls, such as:
- Payment payroll - Thirteenth Month - Vacations
- Pre-prepared monthly payroll of the Social Security - Annual Income Tax Report
- Cash Receipts or Clave Card (debit card) - Settlement Calculations
(Seniority premiums and severance) of payroll,
Applying modifications of the Law 44 in the Labor Code - Severance fund
- Registration of the Company in the Social Security - Registration of the workers in the Social Security.
COMPILATION OF FINANCIAL INFORMATION
Periodically, you need to evaluate the results of your business. A Compilation of Financial Information consists in presenting for the use of senior management, general information of financial statements to be able to make decisions. Our specialized team, assisted with technological tools and with a high technical knowledge, produces financial reports that are gathered with the frequency that your administrative management requires it.
INCOME STATEMENT
Annually, your company must comply with the presentation and payment of your declaration of income tax to the Tax Authorities. As part of our job in BDO outsourcing, we assist you with the adequate presentation of your annual tax declaration.
OTHER ADMINISTRATIVE SERVICES
Our Administrative Services consist in the use of human resources specialized in the firm, to attend our clients requirements in areas that are not part of the key processes of the organization.
The transfer of management or execution of certain functions, allows organizations to focus on their core business issues achieving advantages like:
- Profitability increase - Maximization of time
- Optimization of the resources - Access to advance technology
Definitively, this is a proposal with value, working together with our clients, to offer the services that best adjust to the needs of your company and by this achieve the real benefits that this business mode offers.
Through our Outsourcing unit, we provide the services of:
- Billing – Accounts Receivable - collection
- Treasury Functions – Accounts Payable – payments - Local representation of the administration
- Billing Services
- Tax payments (Social Security, I.T.B.M. “Goods and Service Transfer Tax”, and others)
- Payroll payments services - Second signature of checks - Management of Cash and Bank - Hiring and management of personnel - Management of fixed asset
- Presentation of report
- Procedures with government entities
WE SIMPLIFY THE TASKS OF YOUR BUSINESS,
BY SAVING TIME AND RESOURCES,
ALLOWING THE ENTREPRENEURS AND
EXECUTIVES DEDICATE THEIR EFFORTS
BDO Audit, BDO Tax, BDO Outsourcing and BDO Consulting, are limited liabilities Panamanian companies, members of BDO International Limited, a UK company limited by guarantee, and is part of the BDO international network of independent member firms.
BDO is the brand name for the BDO network and each of the BDO Member Firms.BDO Audit, BDO Tax, BDO Outsourcing and BDO Consulting, are limited liabilities Panamanian companies, members of BDO International Limited, a UK company limited by guarantee, and is part of the BDO international network of independent member firms.
