Monthly Accounting Services for Companies in Sofia — Plameli Finance

What monthly accounting actually covers

Ongoing accounting is the daily work behind an owner’s peace of mind: recording incoming and outgoing documents, keeping the accounts with the National Revenue Agency and the social security institute reconciled, preparing and filing returns on time, and maintaining reporting that shows the real state of the business. For a VAT-registered company, monthly VAT returns, purchase and sales ledgers and control of input VAT are added on top. We work on a monthly subscription because accounting is not a sequence of one-off jobs but a continuous process, in which a missed deadline costs more than the work itself.

A named accountant, not a shared inbox

Every client has a specific accountant who runs their company and knows what it does — not an anonymous address where a question sits for days. Our commitment is an answer within 24 hours. The subscription includes three hours of spoken consultation a month, so that the question “what happens if we do it this way” gets asked before the transaction rather than after it. Once a month you receive a short summary in your language: what was done, what amounts are coming due and what is needed from you, without the accounting jargon.

How we take the books over from your previous accountant

Changing accountants mid-year is normal and far more common than owners expect. We collect the documents and trial balances from the outgoing accountant, check which returns were filed and which liabilities were paid, and reconcile that against what the tax authority has on record. Where we find gaps — an unfiled return, an unrecorded document, a discrepancy in the balances — we say so immediately and propose how to correct it. The point of that review is not to assign blame but to take your business on from a clear starting position, so you do not inherit someone else’s problem.

What determines the monthly fee

The subscription price is set by three plain things: your line of business, the number of documents a month and whether you are VAT registered. Services, trade, manufacturing, construction and transport each require a different volume of accounting work and carry different risks, which is why they sit at different levels of the tariff. Document volume is the second factor — the published rates apply up to 100 documents a month, and above that the price steps up. VAT registration is the third: monthly returns and ledgers are a separate layer of work. All of this is written down as a table on the pricing page rather than left to be negotiated client by client.

What the subscription does not cover — said in advance

The monthly subscription covers ongoing accounting, but not everything. The annual closing is charged separately and costs one monthly fee for subscription clients. Payroll is a separate service too, with an annual fee and a price per employee. Consultation beyond three hours a month is charged at the published rate and delivered in writing. Documents beyond 100 a month, a statutory audit and the surcharge on monthly turnover above €250,000 also sit outside the subscription. We list this in advance for the same reason we publish the tariff: an unexpected invoice at year end damages a working relationship faster than any price does.

Accounting in four languages

We advise in Bulgarian, English, Ukrainian and Russian. For a foreign owner that means the difficult parts — the tax treatment of a transaction, a reply to the revenue agency, the difference between two ways of taking profit out — are explained in the language you make decisions in, rather than one where you are guessing at the meaning. If you are only starting a business in Bulgaria, see the company registration page as well; if you are hiring, see the payroll page.