Accounting and Tax Services in France
Caring about your Accounting & Tax affairs in France
Looking for accounting and tax services in France?
Whether you are a business owner looking for accounting and bookkeeping services for your business in France or whether you are an individual or a sole trader seeking help for your personal French tax return, we have you covered!
GAAPWise is a digital accounting firm that has adopted the most innovative technologies to create a collaborative environment and nurture a close relationship with our clients.
Working closely with you allows us to better understand your specific needs, enabling you to achieve your goals.
We have extensive experience in a wide range of sectors. As a result, we are able to offer a wide range of services to sole traders and small businesses as well as to SMEs and French subsidiaries or branches of international groups.
100 % Digitised Accounting Firm & Tax advisers in France
Our approach :
1. Data Extraction
Your company is at the centre of an ecosystem of tools, software and digital platforms that continuously record the data produced by your business. This data is invaluable with the potential to propel the growth of your business. However, it is still necessary to know how to extract and use this data wisely.
At GAAPWise, we are able to automatically and almost instantly retrieve data from your various information systems (invoices, bank transactions, ledgers, etc.), analyse them and extract the relevant information to keep your accounting records updated and provide you with dashboards that will help you manage your business more serenely.
We have adopted a “paperless” approach.
Have you just made an expense by credit card or just received an invoice by e-mail? Simply take a photo of the receipt via our smartphone application or transfer the invoice to your favourite electronic document management tool (Dropbox, OneDrive, Google Drive etc.) and then our processing tools will take care of the rest.
2. Data Processing
At GAAPWise we have opted for the most innovative tools on the market to streamline and automate collaboration between our teams and our customers as much as possible.
We provide our customers, small business owners and entrepreneurs, with Pennylane software, which is an all-in-one management tool and allows you to:
- manage your cash flows;
- issue invoices and accept customer payments;
- manage your purchases and pay your suppliers.
For larger SME customers who so wish, we give them access to our accounting software which is 100% Cloud (SaaS) and with which they can do the bookkeeping on their own.
In addition, we use Microsoft’s data manipulation and analysis solutions (Power Query and Power BI) to comprehensively process all the data from your various information systems.
The workflows that we have put in place allow us to provide you with timely:
- Dynamic dashboards accessible online or on smartphones with all the key performance indicators (KPIs) relevant to managing your activity.
- Periodic management reports including analysis and comments on the evolution of your business and its performance compared to the estimated budget or compared to previous periods.
- Year-end annual accounts and the annual tax return.
We pay particular attention to communicating regularly with you throughout the year on your business, both face-to-face or in virtual meetings when appropriate. This is so that you can make informed decisions about your business strategy at all times.
French Statutory Accounting & Tax Services
Our bookkeeping and statutory accounting services are comprehensive and include:
– Day-to-day bookkeeping;
– Periodic tax return filings (VAT, corporate income tax, PAYE etc.);
– Annual accounts preparation.
We provide you with tools that allow you to monitor the performance of your business in real time, accessible on-demand online or from your smartphone.
Stand-alone tax and annual accounts preparation for SMEs
We provide operational and technical support to your in-house finance department at year-end for the preparation of the statutory annual accounts, and throughout the year preparing monthly management reports and filing periodic tax returns (VAT, corporate tax, CVAE etc.).
When preparing the annual accounts we also provide you with a full balance sheet reconciliation file that your statutory auditors can use as part of their audit.
Compilation engagements (GAAP Conversions)
This service is mainly aimed at French subsidiaries and branches of international groups that present their financial statements in accordance with foreign accounting standards (IFRS, US GAAP, UK GAAP, etc.) at the group level, but need to be transposed into French GAAP for the statutory annual accounts and the corporate tax computation.
Our team is composed of bilingual (English/French) staff trained in both France and in the UK.
We would like to support you in achieving your goals in France
Let’s discuss your specific needs