Better accounting
Good accounting is a guarantee of peace of mind. Better accounting can make life even easier. Accounting advice ECIT includes everything related to accounting and reconciliation, and VAT settlement. The goal is always to make good things better.
Careful accounting
In accounting consulting ECIT This includes advice on setting up accounting with regard to the information that is intended to be obtained. This includes advice on choosing an accounting system and training of employees involved in each company's accounting.
ECIT would like to take full responsibility for their clients' accounting, but can also step in and handle it partially or in a replacement capacity.
Annual accounts and tax returns
Every year, individuals and businesses must file their taxes for the past year. There are many factors to consider, and it is essential to take steps in advance before the tax return is due. ECIT has for many years assisted individuals and companies with everything related to tax returns.
Better tax returns are simply part of better finances. That's why we're here.
Payment services
Payment services ECIT covers everything related to wages. If requested, ECIT thus handles payment of VAT, withholding tax, etc. in addition to payment of general invoices and other things that are deemed suitable to be outsourced. We market services ECIT under the slogan "better finance" and we do everything we can to live up to our name.
Payroll solutions
ECIT offers individuals and companies a variety of payroll services and contractor accounting, along with a long-awaited solution for contractors who prefer to receive traditional payroll payments from their operations rather than contractor payments with the associated effort and temptations.
Invoicing
Invoicing is the foundation of all operations, because without it, there is simply no revenue. If you want to get your finances in order, the first step is to have your invoices in order. It is important that invoicing is done correctly, that invoices are legal, and that they are sent out as quickly as possible.
Note is part of ECIT, learn more about the issue at nóta.is
Answers to Frequently Asked Questions
What does ECIT's accounting service include?
ECIT's accounting services include accounting entry and reconciliation, VAT settlement, preparation of annual accounts and tax returns, as well as advice on accounting setup and selection of accounting systems if needed.
How can accounting services improve my business operations?
By outsourcing your accounting to ECIT, you ensure professional and accurate accounting records, which improves your company's financial visibility and facilitates decision-making. This can also save time and reduce the risk of errors.
How much does the accounting service cost?
The cost of accounting services depends on the scope and complexity of the project. We offer customized solutions that take into account the needs of each company and always provide a price quote before the service begins.
Is the accounting service secure and confidential?
Yes, security and confidentiality are our top priorities. We use secure systems and strict procedures to ensure that all information is protected and treated with complete confidentiality. Our entire information environment is GDPR certified.
Can ECIT handle accounting for small and medium-sized businesses?
Yes, our accounting services are suitable for both small and medium-sized businesses. We specialize in customizing our services to the specific needs of each client.
How do I communicate with ECIT regarding accounting services?
Our clients all have their own point of contact. You can contact us by phone, email or by booking a meeting through our website. We are always available to answer questions and provide advice.
Can ECIT assist with annual accounts and tax returns?
Yes, we prepare annual accounts and tax returns for individuals and companies. We ensure that all data is properly reconciled and meets the requirements of the Tax Authority.
How does ECIT monitor changes in tax laws and regulations?
As we work for thousands of clients, we constantly monitor changes in tax laws and regulations and update our accounting processes accordingly. We also send information and reminders about such changes to our clients when appropriate.
Is it easy to transfer your accounting to ECIT?
What accounting system do you use?
How can we help you?
Please request a quote
What does ECIT's management consulting involve?
ECIT's business consulting includes advice on business accounting, company formation, business planning, buying and selling companies, financial restructuring and much more. Business consulting is often tailored to the client's needs, so we encourage you to contact us if you have a project you need help with.
How can management consulting help my company?
With management consulting from ECIT, you receive professional advice that can help you improve your operations, increase efficiency, and better achieve your goals. We help you identify opportunities and address challenges.
How much does management consulting cost?
The cost of management consulting depends on the scope and complexity of the project. We offer customized solutions that take into account the needs of each company and provide a price quote upon request.
How do I communicate with ECIT regarding management consulting?
Our clients all have their own contact person. You can contact us by phone, email or by booking a meeting through our website. We are always available to answer questions and provide advice. If you are interested in doing business, you can contact us for further information and or a quote.on a service that is suitable.
Can ECIT assist with the purchase and sale of companies?
Yes, we assist individuals, companies and organizations with the purchase, sale or merger of companies. We handle all project management and consulting in connection with such projects.
How does ECIT help with financial restructuring?
We assist in assessing the company's status, creating new goals and plans, communicating with credit institutions and other creditors, and providing advice on new financial structures.
What is included in a business plan?
Business planning includes defining goals and creating budgets. We ensure that the plan is realistic and achievable. All work on the plans is done in close collaboration with the client each time.
Can ECIT assist with the establishment of a company?
Yes, we provide advice on choosing a business form, assist with establishing a company, including preparing articles of association, registration with the Icelandic Tax Registry, and other matters as appropriate.
Does ECIT management consulting ensure complete confidentiality?
Yes, security and confidentiality are our main priorities. We treat all information with complete confidentiality and follow strict procedures to ensure data security. All information processing is GDPR certified.
How can I book management consulting with ECIT?
You can book a management consultancy with us through our website, by contacting us via phone 419 7200 or email ecit@ecit.is. We are always ready to assist and provide advice.