How We Operate our Accounting Services in Finland

At Tilitoimisto Essential, we provide professional accounting services in Finland with transparency, clarity, and fair pricing. Many clients aren’t sure what to expect after onboarding with an accounting firm, so we’ve outlined our process to make it clear—what we do, how we do it, and what we need from you.

We are committed to fair and affordable pricing. Our goal is to deliver high-quality accounting services that are accessible to all businesses, offering real value without compromise. Whether you run a small business, a growing company, or a sole proprietorship, our services are reliable, accurate, fully compliant, and designed to meet your needs.

Contact us by phone, email, or visiting our office to discuss your accounting needs.

We provide a free consultation to understand your business and determine how we can best support your accounting and financial management.

  • We ask key questions about your busienss
  • We provide tailored advice for your business
  • You can ask us any questions

If you decide to proceed:

  • We complete mandatory anti-money-laundering checks
  • Both parties sign an engagement contract
  • You authorize us via suomi.fi and PRH to manage Verohallinto on behalf of your business, this ensures smooth and timely submissions

We require from you:

  • Sales invoices and Purchase receipts / invoices
  • Bank statements or transaction lists
  • Correspondence from authorities (eg Verohallinto)

Frequency of financial data depends on your business activity

  • Up to 60 transactions / month: once or twice monthly
  • Over 60 transactions / month : once or twice weekly

You may provide us financial data/documents via:

  • Digital upload
  • Email (preferred for immediate processing)
  • Paper delivery or collection by our team

Once we receive your documents:

  • Transactions are recorded in our accounting software
  • Payments are matched to the sales and purchases
  • Missing or unclear documents are flagged and we notify you immediately

This ensures accuracy, efficiency and compliance in your accounting

Provide any remaining financial data within 10 business days. We will then:

  • Finalize ledger and month-end adjustments
  • Prepare Profit & Loss Statement and Balance Sheet
  • Prepare your VAT return (if necessary) and file it with the authorities
  • Email you the above and include key performance notes, financial ratios and a note if there is VAT payable / refundable including the amount and the due date.

We aim to send our monthly reports to you within 5 business days after receiving all documents for the period. After receiving these you should review the information, we are always available to answer any questions you may have – at no cost. Records are stored securely in digital and paper format.

At the fiscal year-end we:

  • Prepare annual financial statements based on the information you have given us over the course of the year, this includes calculation of depreciations and accruals
  • We email you a short questionnaire to finalize the notes for the statements
  • Arrange a review meeting to discuss your business annual results, performance and insights
  • Calculate the business tax liability and provide payment deadlines
  • We give you the statements to sign then we will file the tax return and financial statements

We believe in keeping costs as low as possible for our clients throughout the year so rather than charge a large fee for producing the financial statements and filing the tax return we added it into the monthly fee. This way you have predictable steady costs throughout the year. 

Ready To Get Started

Let us make your accounting effortless.

Contact Tilitoimisto Essential today for a free consultation and discover how our affordable accounting services in Sotkamo, Kainuu and across all of Finland can keep your business compliant, organized and financially strong.

Book Your Free Consultation