Establishing Bookkeeping
Departments
Who is this Service For?
The service is suitable for companies that have just been founded and have decided to establish an in-house bookkeeping system from the very beginning.
Typically, this involves companies that quickly reach a high volume of activity and/or complex transactions (for example, retail companies with e-commerce activities, import processes, and complex inventory management).
What Does the Process Include
- Business Activity and Needs Assessment: Understanding the operations and specific needs of the business.
- Software Selection for Bookkeeping and Payroll: Choosing appropriate bookkeeping and payroll software based on the business needs (working with ERP systems like Priority, SAP B1, NetSuite, and payroll software like Har-Gal, Hilan, Michpal, Oketz, Real Time).
- Setting Up Accounts and Configurations: Opening accounts, records, and other settings in the bookkeeping software, and making relevant configurations in the payroll software.
- Implementing Document Management Solutions: Finding supplementary solutions for document management and tightening controls in financial management.
- Building Software Interfaces: Creating interfaces between different software systems.
- Establishing Internal Reporting Systems: Setting up internal reporting systems and interactions between the bookkeeping department and other business departments.
- Routine Institutional Reporting: Establishing routines for institutional reporting within the business (creating user accounts on authority websites for report transmission, handling smart identification means).
- Direct Communication Setup: Establishing direct communication between the business and external entities (suppliers, customers, and institutions).
- Recruiting and Training Staff: Hiring employees for the bookkeeping team, including professional training for new employees and synchronizing tasks among team members.
- Writing Work Procedures: Developing work procedures for the bookkeeping department to ensure the implementation of efficient work methods.
Results at the End of the Process
At the end of the process, you will receive an independent, fully functional, and accessible in-house bookkeeping department tailored to the needs of your business, along with a skilled and synchronized team of bookkeepers.
Why Us
Top Level Bookkeeping.IL has extensive experience in managing accounts for companies across various industries, giving us a deep understanding of diverse business activities and the ability to fully tailor relevant bookkeeping methods to them.
We are well-versed in all aspects of in-house bookkeeping management and know how to select suitable technological solutions, build internal reporting systems, and integrate the bookkeeping department with other departments in the company.
Our knowledge and experience in working with government institutions ensure that we will establish a routine for institutional reporting so that you won’t miss a thing.
Additionally, we will assist you in recruiting and training employees for the bookkeeping department, providing them with professional training to ensure a smooth and organized handover and the continuation of TOP-LEVEL professional work.
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