Accounting & Financial Administration

Digital Accounting

With digital accounting financial information moves from one party to another seamlessly, and the entire financial process is managed through one shared system. Accounting material is not sent separately, it is already available to your accountant.

Invoices are sent and received as e-invoices, bank statements come wired from your bank and payments are made directly from the software. Travel expenses bills and cash receipts are easy to gather, and ERP-, CRM or cashier software can be integrated to the financial software.

Digital accounting is great for all companies who appreciate ease-of-use and scalability. Forget the paperwork, let the system handle it.

As software we mostly use Fennoa, Netvisor and Procountor.

Semi-digital & Paper Accounting

In semi-digital accounting vouchers are transferred as e.g. PDF-files directly to the accounting software, in paper accounting sent to our office. In both cases bank statements are fetched through Web Service channels directly to the software.

Semi-digital and paper accounting is time-consuming, if there are many vouchers.

As software we mostly use Fennoa in both situations.

Accounting software

Fennoa is a modern and versatile digital financial management software made in Finland. Fennoa has quickly gained popularity due to its efficient user interface and competitive pricing.

Fennoa has all modern tools for financial management, such as unlimited users for no additional fee, digital invoicing, automated payments, travel invoices, pay roll, financial management reporting tools, filing channels to the Tax Administration, integrations to other software as well as API and robotics.

We recommend Fennoa to clients who do no need integrated inventory management, concern accounting or ERP-features.

Fennoa is only available through accounting agencies. When you choose a Fennoa service package from us, you do not pay for software separately, rather software fees are included in our fees.

Netvisor is a very versatile and complete financial management heavyweight software suite from Visma. It cannot be blamed for a lack of features, but the quality is reflected in its price.

We recommend Netvisor if you need ERP-features, inventory management or more demanding integrations.

Our client makes a direct contract with Visma for Netvisor, and billing is between these two parties. Our Netvisor packages do not include any software fees.

Netvisor is a very versatile and complete financial management heavyweight software suite from Visma. It cannot be blamed for a lack of features, but the quality is reflected in its price.

We recommend if you need ERP-features, inventory management or more demanding integrations.

Our client makes a direct contract with Visma for Netvisor, and billing is between these two parties. Our Netvisor packages do not include any software fees.

Procountor Taloushallinto is Finago’s traditional and popular financial management software for small and medium businesses. Procountor has extensive reporting tools and register features.

Procountor is suitable for most small and medium businesses, who appreciate having an established software company behind the product. In addition it is easy to switch service providers when using Procountor.

Our client makes a direct contract with Finago for Procountor, and billing is between these two parties. Our Procountor packages do not include any software fees.

Our fees

Our normal services are based on a predictable monthly fee, which is composed of three building blocks:

- A base fee, which is fixed and includes at least accounting, VAT-reports, a financial statement and a tax declaration.

- An event fee, which depends on the amount of purchase-, sales- and travel invoices, and which varies by bracket.

- Separate fees, which are billed for pay slips or agreed upon special work.

For hard to quantify tailored services, hourly billing can also be agreed upon.

Our up-to-date fee schedule can be found here.

Fennoa accounting

Fennoa Bookkeeping

Semi-digital or paper bookkeeping for small businesses
87 from /mo
  • Bookkeeping
  • Fennoa in shared use
  • VAT-filings
  • Financial statement & Tax declaration
  • Some consulting
  • Sales invoicing
  • Payments from Fennoa
  • Travel invoicing
  • And more!

Fennoa Routine

Digital accounting for SMEs
97 from /mo
  • All from the previous level
  • Digital purchase invoices
  • And more!

Fennoa Fair

Extensive outsourced financial management, so you can focus on core activities
151 from /mo
  • All from the previous level
  • Outsourced payments
  • Monitoring of receivables & payments
  • Monitoring of tax prepayments
  • Dividend declarations
  • Light project accounting
  • A fair amount of consulting
  • And more!

Fennoa Premium

Lead smartly, grow skillfully
According to contract
  • All from the previous level
  • Cash flow monitoring
  • Monitoring of key figures
  • Budgeting
  • Management accounting
  • Extensive project accounting
  • Outsourced sales invoicing
  • Tax planning
  • Special filings
  • And more!

Fennoa Salaries

20 apiece
  • Pay slips as e-salaries
  • Incomes register filings
  • Fringe benefits
  • Vacation day recording
  • Collective agreement consulting

Netvisor- and Procountor -accounting

Routine

Digital accounting for SMEs
70 from /mo
  • Bookkeeping
  • Shared software
  • VAT-filings
  • Financial statement & Tax declaration
  • Some consulting
  • Sales invoicing
  • Digital purchase invoices
  • Payments from the software
  • Travel invoicing
  • And more!

Fair

Extensive outsourced financial management, so you can focus on core activities
124 from /mo
  • All from the previous level
  • Outsourced payments
  • Monitoring of receivables & payments
  • Monitoring of tax prepayments
  • Dividend declarations
  • Light project accounting
  • A fair amount of consulting
  • And more!

Premium services

Lead smartly, grow skillfully
According to contract
  • All from the previous level
  • Cash flow monitoring
  • Monitoring of key figures
  • Budgeting
  • Management accounting
  • Extensive project accounting
  • Outsourced sales invoicing
  • Tax planning
  • Special filings
  • And more!

Salaries

15 apiece
  • Pay slips as e-salaries
  • Incomes register filings
  • Fringe benefits
  • Vacation day recording
  • Collective agreement consulting

Payroll Service

Payroll & Declarations

Payroll can be a complicated business in Finland, with many duties involved. Earnings-related pension insurance, tax withholding, unemployment insurance, workers’ compensation insurance, employee’s group life insurance – and from 2019 onward all paid salaries must be reported to the Incomes Register.

We will take care of payroll and filings, and offer you guidance with hiring employees.

Fringe Benefits, Personnel Benefits, Entrepreneur's Salariies

We offer advice on fringe benefits and taxation of personnel benefits, and thus help you achieve tax savings. We can also take a look at the entrepreneur's total tax burden, and offer hints when to take out a salary and when to take out dividends.

Starting a Business and Guidance

Starting a Business

Are you thinking of opening a business in Finland? What are the different company types, and what else to plan for? Should you continue as self-employed, or switch to "real" entrepreneurship? Accounting Agency Mesiperä offers guidance and help with starting a business, so you'll be rolling out in no time. And we'll be glad to offer you services from then on too! We also do company type changes,, for example from private trader to limited liability company.

Consulting & Tailored Services

We also offer tailored services for specific needs, such as:

  • Performance audits for small associations or housing cooperatives. An outside observer can often offer impartial views. Please note that a performance audit is not the same as a regular audit.
  • Training packages for the new board of a non-profit association or treasurer. We’ll go through some practical questions of dealing with day-to-day financial matters and the basics of accounting.
  • Consulting on e.g. corporate taxation. Are you thinking of starting a drop shipping company, or considering investing in real estate through a company? Let’s have a look at the implication of each alternative, and make valid choices bases on valid information.
  • Bookkeeping done late. Some times, for one reason or another, books fall in arrears, and they are a mess, with MyTax full of default assessments. The situation can usually be salvaged. Contact us and let’s see what we can do.