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Scope of accounting and finance services Print E-mail


1) On-going accounting and business administration services:

  • maintenance of tangible asset subledgers;
  • maintenance of accounts payable and receivable subledger, VAT subledger;
  • double-entry bookkeeping in line with Hungarian accounting and tax standards using the accounting system of MemoLuX or of the Client;
  • upon request comprehensive accounting and business management services or supervision of monthly bookkeeping at Client's premises;
  • preparation of outgoing invoices;
  • data importing into our accounting system, if the invoicing takes place at the Client's seat using any invoicing software;
  • consultancy in accounting and taxation matters, also in English and in German;
  • accounting of regular taxes, contributions, prepayments and statutory payments due to the state budget, preparation of such payments and reporting of related data;
  • preparation or processing wire transfers based on approved invoices;
  • administration, representation in accounting and taxation matters (obtaining tax certificates, assistance during inspections etc.).

2.) Full range of accounting according to IFRS or US GAAP, conversion between accounting systems

3.) Reporting as requested by the parent company

4.) Annual accounting services:

  • annual closing of the general ledger accounts according to Hungarian law (valuation of assets and liabilities, balance reconciliations, accruals and reclassifications);
  • closing of the general ledger, preparation of financial statements as required by international standards;
  • preparation of statutory annual reports (Balance Sheet, P&L, Supplementary Notes, upon request providing information for annual audit purposes);
  • preparation of annual tax declarations: corporate income tax return; local trade tax return; other annual tax returns.

Contact: István Rajkai, managing director
Phone: (36)-1-460-74-12
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it


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Hungarian (formal)English (United Kingdom)

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