Bookkeeping as an extension of our consulting
Bookkeeping as part of your overall support
We complement our service portfolio with bookkeeping for existing clients.
These services are typically not offered in isolation but as a value-adding component for clients who already rely on our strategic consulting. This way you receive all relevant business services from a single source – from strategic planning through to operational bookkeeping.
Overview of our bookkeeping services
Corporate bookkeeping (cash-based bookkeeping)
Properly maintained day-to-day bookkeeping is the foundation for reliable KPIs and ensures full compliance with statutory requirements.
- Ongoing posting of all business transactions in line with generally accepted accounting principles
- Preparation of monthly balance and trial balance lists for transparency on assets and liabilities
- Systematic capture and allocation of all inbound and outbound documents
- Account reconciliation and quality control of booking entries
- Support with document organisation and digital archiving
Cash basis accounting (§ 4 (3) Austrian Income Tax Act)
For entities not required to keep double-entry accounts we prepare simplified profit determinations based on the cash basis method.
- Systematic recording of all business income and expenses using the cash-flow principle
- Calculation of taxable profit including all relevant adjustments and allocations
- Consideration of depreciation, reserves and other adjustments
- Clear presentation for your tax filings
Managerial accounting (costing)
Beyond statutory requirements we support you with managerial costing – a vital instrument for informed decision-making.
- Development of costing models for your products and services
- Inclusion of imputed costs such as depreciation, interest and risk allowances
- Price setting based on robust cost analysis
- Support for quotation preparation and margin planning
Advisory and representation
Comprehensive advice on bookkeeping topics
Within our permitted scope we advise on all aspects of ongoing bookkeeping, finance organisation and the optimisation of accounting processes.
Representation in VAT matters
- Preparation and submission of VAT pre-returns
- Preparation and filing of recapitulative statements (EU sales listings)
- Representation for registration, deregistration and submission of declarations related to special schemes (§ 25a, § 25b and Art. 25a Austrian VAT Act)
- Electronic access to tax authority files
Additional representation services
- Cash registers: Representation regarding registration and deregistration of fiscal cash registers
- Register of beneficial owners: Advisory and representation for the register, filing beneficial owner information based on your input as well as identifying and verifying beneficial owners on your behalf
Your advantages with full-service support
Single point of contact
Strategic consulting and bookkeeping from one partner.
Synergy effects
We already know your business and align bookkeeping perfectly with your goals.
Holistic perspective
Financial figures and strategic planning complement each other for sound decisions.
Time savings
No coordination with multiple vendors – saving valuable time and energy.
Important note about our service offering
Our bookkeeping services are generally not offered as stand-alone engagements but as a complementary service for clients already working with us on consulting projects. This ensures holistic support and optimal synergy between strategic advisory and operational accounting.
Frequently asked questions
Our bookkeeping services are delivered cross-border and on an occasional basis by our EU entities in accordance with § 71 of the Austrian Bilanzbuchhaltungsgesetz 2014 (BiBuG 2014).
Important note: We do not conduct statutory audits pursuant to § 268 Austrian Commercial Code. Our services focus on ongoing bookkeeping, cash basis accounting and managerial accounting in line with § 3 BiBuG 2014.
Yes. For our bookkeeping services we maintain professional liability insurance with coverage of €100,000 per insured event in accordance with § 10 BiBuG 2014. This policy covers potential damages arising from our professional activities and provides additional peace of mind.
We generally do not offer bookkeeping as a stand-alone service. It is designed as a value-added component for clients already engaging us for consulting. This holistic setup enables optimal synergy between strategic advisory and operational accounting.
To ensure compliant bookkeeping we require the following:
- All supplier invoices and supporting documents for business expenses
- Sales invoices and delivery notes
- Bank and account statements
- Cash receipts and cash book records
- Contracts and other business-relevant documents
We gladly assist with setting up digital document management to make data exchange efficient and secure.
Reporting frequency is tailored to your needs. As a rule we prepare monthly trial balances and management reports to give you a current view of your financial situation. Shorter intervals can be agreed if required. Within our consulting engagement we review the figures together and derive strategic measures.
Absolutely. As part of our consulting services we help digitalise your bookkeeping processes. We support software selection, implementation of digital workflows and staff training. The combination of strategic guidance and operational bookkeeping makes us the ideal partner for your digital transformation.
Yes. Under § 71 BiBuG we may provide bookkeeping services in Austria as an EU-established provider on a temporary and occasional basis. We usually offer this to existing consulting clients to round off our service portfolio.
Pricing depends on several factors:
- Number of monthly transactions and documents
- Complexity of your business activities
- Desired scope (e.g. bookkeeping only or including VAT returns)
- Extent of accompanying consulting services
Book a non-binding introductory call so we can discuss your requirements and provide a customised proposal.
Our company
SourceWeb Technology Ltd
Address:
Unit 3D North Point House
New Mallow Road
Cork, Ireland
Email:
Registration:
CRO ID: 648811
VAT ID: IE 3618077LH
Business licences (Ireland):
Bookkeeping, Management Consultancy and Auditing
Bookkeeping, business consulting and audit services
Bookkeeping services in Austria are provided under BiBuG 2014
Contact person
Dott. Peter Wieland LL.B. (Business Law)
Qualifications:
- ➜ Ragioniere e perito commerciale
State-certified accountant and business expert (Italy) - ➜ Certified Bookkeeper
Certified bookkeeper (Ireland) - ➜ Business law studies
Austria (completed exams in accounting, financial reporting and tax law) - ➜ Dottore in servizi giuridici
Italy
Contact:
Legal basis
The offered bookkeeping services are provided on the basis of § 71 of the Austrian Bilanzbuchhaltungsgesetz 2014 (BiBuG 2014).
§ 3 in conjunction with § 71 BiBuG 2014
Scope of authorisation (excerpt):
- ➜ Cash-based bookkeeping (corporate bookkeeping)
- ➜ Managerial accounting (costing)
- ➜ Cash basis accounting (§ 4 (3) Austrian Income Tax Act 1988)
- ➜ Advisory services connected to this scope
- ➜ Representation in VAT matters
Liability insurance
We maintain appropriate professional liability insurance for our bookkeeping activities.
Interested in full-service support?
Benefit from the combination of strategic consulting and professional bookkeeping. Arrange a non-binding introductory meeting to learn how we can assist you holistically.
