ACCOUNTANT’S CONSULTATION

WHEN DO YOU NEED AN ACCOUNTANT’S CONSULTATION?

An accountant’s consultation is a quick and straightforward way to resolve questions related to accounting and taxation. It is suitable both for businesses and for self-employed individuals who need practical answers rather than theoretical explanations.

Most often, a consultation helps you understand how to calculate taxes correctly, how to manage your accounting or what decision to make in a specific situation. An accountant’s consultation can help prevent mistakes that may later result in additional financial costs or unnecessary loss of time.

We provide consultations on a wide range of accounting and tax matters, help assess the situation and offer clear, practical solutions.

An accountant’s consultation is most useful when you have a specific question without a clear answer or when it is important to make the right decision from the start. Such situations arise both when starting a business and during ongoing business operations.

Consultations are often useful before choosing a business structure, for example when deciding between an MB, UAB, individual activity or company formation. They are also helpful when questions arise regarding tax calculations, deductible expenses or the filing of tax returns.

An online accountant’s consultation is particularly useful when you need a quick answer, for example after receiving an inquiry from the State Tax Inspectorate (VMI), when preparing annual tax returns or when facing an unclear accounting situation.

An accountant’s consultation can be useful not only for solving current issues but also for planning ahead. By assessing tax and accounting decisions in advance, you can avoid unexpected costs and support the smooth development of your business.

Consultations are also often useful for those who manage their own accounting but want to make sure that everything is being handled correctly.

WHAT CAN AN ACCOUNTANT ADVISE YOU ON?

An accountant’s consultation can cover a wide range of matters related to taxation, accounting and business decisions. Most importantly, the consultation focuses on your specific situation rather than providing only general information.

The most common topics include:

• tax calculations (personal income tax, VAT, corporate income tax, etc.);
• choosing the most suitable business structure (MB, UAB, individual activity);
• deductible expenses and the allocation of business costs;
• payroll and dividend taxation;
• tax return filing and deadlines;
• accounting-related questions and many other business matters.

More complex situations are also frequently discussed, for example how to apply taxes correctly while remaining compliant with legislation or how to prepare properly for an inspection by the State Tax Inspectorate (VMI).

HOW DOES AN ACCOUNTANT’S CONSULTATION WORK?

An accountant’s consultation can take place remotely or in person. Online consultations are often the most convenient option because they allow you to receive answers quickly without spending additional time arranging an in-person meeting.

Before the consultation, it is useful to prepare your main questions and, where possible, any relevant documents. This helps us assess the situation more accurately and provide specific answers in less time. The more clearly the issue is defined, the more precise and practical the solutions can be.

During the consultation, we analyse your specific situation, review the available information and provide clear answers. Most importantly, the information is explained in an understandable way without unnecessary technical terminology, so that it can be applied in practice.

HOW MUCH DOES AN ACCOUNTANT’S CONSULTATION COST?

An accountant’s consultation is usually charged at an hourly rate, depending on the complexity of the question and the situation being analysed. Simple questions can often be resolved quickly, while more complex matters may require additional time for analysis.

The price usually starts from a set hourly rate, while the exact cost is agreed in advance. This makes it clear what the consultation will cover and what you can expect. It is also worth considering that professional advice can often help prevent costs that are significantly higher than the price of the consultation itself.

A short consultation can often resolve questions immediately that would otherwise take a considerable amount of time to research independently. This is particularly useful when a fast and reliable solution is required.

WHEN IS A CONSULTATION ALONE NOT ENOUGH?

An accountant’s consultation is useful for resolving specific questions, but in some situations it may not be sufficient. If a company has a high volume of transactions, employees, different tax rates or more complex business activities, a single consultation may not provide enough support. In some cases, a more detailed analysis of financial data or documents, or an internal company audit, may be required.

There are also situations where a client initially contacts us for a consultation but, during the discussion, realises that the business would benefit from ongoing accounting support to ensure that all processes are handled accurately and on time.

This is particularly relevant for growing businesses as the volume of documents and responsibilities increases, as well as for larger companies that require strong expertise and substantial experience in accounting, financial management or taxation.

In such cases, ongoing accounting support may be the more suitable solution. Baulera provides not only accountant consultations but also comprehensive bookkeeping and accounting services. If it becomes clear that a consultation alone is not enough, it may be worth considering outsourcing your accounting to specialists who can ensure consistent and accurate financial management.