MFO accounting in Kazakhstan: organising work and month-end closing
How to organise accounting for an MFO in Kazakhstan: documents, loan portfolio reconciliation, month-end closing, accounting handover and reporting controls.
Read the guideProFinance services
Accounting services
We handle accounting and tax records for financial organisations.
How we can help
- Maintaining all accounting areas and entering data into 1C.
- Working with source documents, suppliers and online banking.
- Calculating payroll, taxes and mandatory payments.
- Preparing tax reports and monitoring tax and mandatory payment deadlines.
- Preparing financial statements: the balance sheet, profit and loss, cash flow and changes in equity statements.
- Preparing and submitting monthly and quarterly reports to the National Bank of the Republic of Kazakhstan.
- Financial analysis: identifying trends, risks and opportunities to improve performance.
- Advice on accounting and financial management.
We agree on the services, timeline and fees based on your company's activities and needs.
When to contact us
- A financial organisation needs to outsource accounting and define document exchange procedures.
- Management wants consistent accounting, reporting and employee and supplier settlement data.
- The company already has an accounting team but needs help with particular areas or reporting.
What to prepare for the discussion
- Your business activities, tax regime and accounting software.
- A description of key transactions: disbursements and repayments, purchases, supplier settlements and payroll.
- The reports your company prepares and the current state of accounting records.
- Source-document handover procedures and the areas where assistance is needed.
How we approach the task
Define accounting responsibilities
We clarify the transactions and reports involved and divide tasks between the company and our team. We agree on who supplies source documents, checks input data and confirms calculations.
Process transactions and calculations
We work with source documents and 1C data in the agreed areas. We calculate payroll, taxes and mandatory payments, and resolve discrepancies and missing information.
Prepare reports and explanations
We prepare the tax, financial and regulatory reports included in the scope. We discuss the figures with the client and identify accounting matters requiring their decision.
What outcomes we agree on
- Processed accounting data and calculations for the agreed areas.
- Prepared reports and clear procedures for supplying source documents.
- Advice on identified discrepancies and financial indicators.
Before we start
Frequently asked questions
Can we outsource only some accounting tasks?
We agree on the scope after reviewing your existing accounting function. It is important to divide areas and responsibility for source documents in advance so no transaction is omitted or recorded twice.
Does the service include 1C and source-document processing?
Yes. The service includes entering data into 1C, working with source documents, supplier settlements and online banking. Specific access, transactions and approval procedures are defined before work starts.
What reporting can be included?
Tax and financial reporting, as well as National Bank reports applicable to the company. The precise list and frequency depend on the organisation's activities; we do not assign the same set of forms to every company.
Knowledge to inform your decisions
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