Accounting & Bookkeeping Services in Europe
European businesses must maintain accounting records under IFRS or local GAAP (German HGB, French PCG) while tracking EU VAT obligations across potentially multiple member states.
European businesses must maintain accounting records under IFRS or local GAAP (German HGB, French PCG) while tracking EU VAT obligations across potentially multiple member states. Fintax Support Limited manages multi-currency bookkeeping in EUR and local currencies on Odoo, Xero, and DATEV-compatible systems, coding transactions for EU VAT reverse charge, intra-community supplies, and OSS reporting. We prepare consolidated management accounts for European groups and ensure records support CbCR transfer pricing documentation.
Regulatory Framework
EU VAT Directive requires businesses to maintain invoices meeting specific content requirements including VAT identification numbers and reverse charge notations. Intra-EU supplies above EUR 50,000 require VIES listing. GDPR mandates that payroll and customer records include appropriate data retention schedules and lawful processing documentation.
Our Accounting & Bookkeeping Services in Europe
Multi-Country EU Bookkeeping
Maintain accounting records across multiple EU member states from a single coordinated bookkeeping function — each entity compliant with local GAAP and VAT Directive 2006/112/EC obligations. Multi-country EU bookkeeping ensures German HGB, French PCG, Dutch GAAP, and Italian OIC requirements are met simultaneously while your group benefits from consistent chart-of-accounts mapping, EUR reporting, and retention schedules aligned to each jurisdiction.
Multi-jurisdiction coverage
Bookkeeping for entities in Germany, France, Netherlands, Ireland, Italy, and other EU member states under local GAAP rules.
Country-specific retention
Records retained per local law — Germany 10 years, France 10 years, Netherlands 7 years, UK 6 years — with centralised archive.
VAT Directive compliance
Transactions coded for EU VAT Directive 2006/112/EC across domestic, intra-community, and import/export supplies.
Unified group reporting
Consistent nominal coding and EUR consolidation mapping across all EU entities for group management reporting.
How It Works
Entity and jurisdiction mapping
Identify each EU entity, applicable GAAP framework, VAT registration, and statutory retention requirements.
Chart of accounts harmonisation
Configure entity-level ledgers with group mapping codes linking HGB, PCG, Dutch GAAP, and OIC accounts to IFRS.
Daily multi-country posting
Record transactions per entity with correct local VAT treatment, currency, and supporting documentation.
Monthly compliance review
Reconcile entity books, verify retention compliance, and prepare jurisdiction-specific filing support data.
Entity and jurisdiction mapping
Identify each EU entity, applicable GAAP framework, VAT registration, and statutory retention requirements.
Chart of accounts harmonisation
Configure entity-level ledgers with group mapping codes linking HGB, PCG, Dutch GAAP, and OIC accounts to IFRS.
Daily multi-country posting
Record transactions per entity with correct local VAT treatment, currency, and supporting documentation.
Monthly compliance review
Reconcile entity books, verify retention compliance, and prepare jurisdiction-specific filing support data.
Businesses operating across the European Union face fragmented accounting obligations — each member state applies its own commercial code and retention rules while EU-wide directives harmonise VAT treatment. Regulation (EC) No 1606/2002 requires listed EU companies to prepare consolidated accounts under IFRS, but unlisted subsidiaries typically report under local GAAP: German Handelsgesetzbuch (HGB), French Plan Comptable Général (PCG), Dutch GAAP, or Italian OIC principles. VAT accounting must follow Council Directive 2006/112/EC with correct treatment of domestic supplies, intra-community acquisitions, and reverse charge services under Article 196. Record retention varies by jurisdiction — Germany and France require ten years, the Netherlands seven years, and the UK six years from the end of the relevant period. We maintain entity-level books on DATEV-compatible, Sage, Xero, or Odoo platforms with harmonised group mapping, ensuring each subsidiary's records support local tax filings, EC Sales Lists, and Intrastat declarations while producing consolidated EUR management reports.
Common Questions
IFRS / Local GAAP Financial Statements
Prepare financial statements under IFRS as adopted by Regulation (EC) No 1606/2002 or under local GAAP frameworks including German HGB, French PCG, Dutch GAAP, and Italian OIC. Statutory accounts support annual filings with national registries, EU parent-subsidiary consolidation, and lender covenant reporting with EUR as the presentation currency for cross-border groups.
IFRS & local GAAP
Statements under IFRS (Reg 1606/2002) or HGB, PCG, Dutch GAAP, and OIC for unlisted EU entities.
Primary financial statements
Balance sheet, profit and loss, cash flow statement, and notes with jurisdiction-specific disclosure requirements.
EUR presentation currency
Amounts presented in EUR with IAS 21 foreign currency translation for non-EUR functional currency entities.
Statutory filing readiness
Accounts formatted for Handelsregister, Infogreffe, KVK, and Companies House annual submissions.
How It Works
Framework and policy selection
Determine IFRS or local GAAP applicability per entity and document accounting policies for revenue, leases, and provisions.
Trial balance and adjustments
Post year-end accruals, depreciation, impairment, deferred tax, and VAT reconciliation adjustments.
Financial statement compilation
Prepare primary statements and notes covering related-party transactions, segment data, and contingencies.
Director approval and filing
Present draft accounts for sign-off and coordinate with statutory auditors and registry submissions.
Framework and policy selection
Determine IFRS or local GAAP applicability per entity and document accounting policies for revenue, leases, and provisions.
Trial balance and adjustments
Post year-end accruals, depreciation, impairment, deferred tax, and VAT reconciliation adjustments.
Financial statement compilation
Prepare primary statements and notes covering related-party transactions, segment data, and contingencies.
Director approval and filing
Present draft accounts for sign-off and coordinate with statutory auditors and registry submissions.
European financial reporting operates on a dual framework. Regulation (EC) No 1606/2002 requires all EU-listed companies to prepare consolidated accounts under IFRS, and many member states permit or require IFRS for unlisted entities above size thresholds. Unlisted companies typically report under local GAAP — German HGB with its size-based disclosure tiers (BilMoG amendments), French PCG under the Code de commerce, Dutch GAAP aligned with Book 2 of the Burgerlijk Wetboek, or Italian OIC principles issued by the Organismo Italiano di Contabilità. IFRS statements require the full suite of primary reports with IAS 1 presentation, IFRS 15 revenue recognition, IFRS 16 lease accounting, and IAS 12 deferred tax. Local GAAP statements follow jurisdiction-specific formats — abbreviated accounts for small entities under HGB §326, système développé or abrégé under French law, and micro-entity exemptions under Dutch and UK thresholds. We prepare statutory accounts in EUR or local currency with translation per IAS 21, ensuring VAT balances reconcile to returns filed under Directive 2006/112/EC.
Common Questions
Cross-Border VAT Input/Output Tracking
Track input and output VAT across EU member states with correct coding under Council Directive 2006/112/EC — domestic supplies, intra-community acquisitions, reverse charge services, and import VAT. Cross-border VAT tracking ensures recoverable input tax is claimed in the right jurisdiction and output tax is declared on EC Sales Lists and national VAT returns without double-counting or missed reverse charge obligations under Article 196.
Input VAT recovery
Input tax coded and recovered per member state rules under Directive 2006/112/EC with correct deductibility limits.
Reverse charge tracking
Article 196 reverse charge on B2B services coded with simultaneous output and input VAT for net-zero domestic effect.
Cross-border output tax
Intra-community supply output tax and OSS B2C sales tracked separately from domestic VAT liabilities.
Return reconciliation
VAT ledger balances reconciled to national returns, EC Sales Lists, and Intrastat before submission.
How It Works
VAT registration mapping
Identify all EU VAT registrations, fiscal representatives, and OSS scheme enrolments per member state.
Tax code configuration
Set up VAT codes for domestic, intra-community, reverse charge, import, and exempt supplies per jurisdiction.
Transaction-level coding
Code every purchase and sale with correct cross-border VAT treatment and supporting invoice validation.
Period-end VAT reconciliation
Reconcile input and output VAT accounts to returns, EC Sales Lists, and Intrastat declarations.
VAT registration mapping
Identify all EU VAT registrations, fiscal representatives, and OSS scheme enrolments per member state.
Tax code configuration
Set up VAT codes for domestic, intra-community, reverse charge, import, and exempt supplies per jurisdiction.
Transaction-level coding
Code every purchase and sale with correct cross-border VAT treatment and supporting invoice validation.
Period-end VAT reconciliation
Reconcile input and output VAT accounts to returns, EC Sales Lists, and Intrastat declarations.
Cross-border VAT accounting under Council Directive 2006/112/EC requires precise tracking of input and output tax across multiple member states. Domestic supplies attract standard, reduced, or super-reduced rates varying by country — 19% in Germany, 20% in France, 21% in the Netherlands. Intra-community supplies to VAT-registered customers are zero-rated with valid VIES-verified VAT numbers, while the acquirer self-accounts for acquisition VAT. B2B services from EU and non-EU suppliers trigger reverse charge under Article 196, requiring simultaneous output and input VAT entries in the customer's member state. Import VAT is accounted separately with deferment or payment at customs. Input VAT recovery is subject to member-state deductibility rules — partial exemption calculations for mixed supplies, blocked input on entertainment, and pro-rata apportionment. We maintain detailed VAT sub-ledgers per registration, reconcile to EC Sales Lists (DEB/DEBWEB in France, ZM in Germany), and ensure Intrastat thresholds are monitored for goods movements exceeding EUR 400,000 (dispatches) or EUR 700,000 (arrivals) in most member states.
Common Questions
Intra-Community Transaction Management
Manage the full accounting lifecycle of intra-community transactions — zero-rated dispatches and acquisitions, triangulation, call-off stock, and EC Sales List reporting under Directive 2006/112/EC. Proper IC transaction management prevents VAT number validation failures, ESL discrepancies, and Intrastat reporting gaps that trigger cross-border tax authority audits.
IC supply & acquisition
Zero-rated dispatches and acquisition VAT self-assessed with VIES-validated customer and supplier VAT numbers.
EC Sales List filing
ESL data extracted from bookkeeping for DEB, ZM, and HMRC EC Sales List submissions per member state.
Intrastat declarations
Goods movements above statistical thresholds reported on Intrastat arrivals and dispatches declarations.
Triangulation support
Three-party triangulation transactions coded with correct intermediary zero-rating and ESL reporting.
How It Works
VAT number validation
Verify all EU trading partner VAT numbers via VIES before processing intra-community transactions.
Transaction coding and evidence
Code IC dispatches, acquisitions, and triangulation with transport evidence and invoice compliance checks.
ESL and Intrastat preparation
Extract IC transaction data for EC Sales Lists and Intrastat declarations per member state deadlines.
Cross-border reconciliation
Reconcile IC accounts between dispatching and acquiring entities to resolve ESL mismatch notifications.
VAT number validation
Verify all EU trading partner VAT numbers via VIES before processing intra-community transactions.
Transaction coding and evidence
Code IC dispatches, acquisitions, and triangulation with transport evidence and invoice compliance checks.
ESL and Intrastat preparation
Extract IC transaction data for EC Sales Lists and Intrastat declarations per member state deadlines.
Cross-border reconciliation
Reconcile IC accounts between dispatching and acquiring entities to resolve ESL mismatch notifications.
Intra-community transactions are the backbone of EU single market trade and the most audited area of cross-border VAT compliance. When goods move between VAT-registered businesses in different member states, the supplier zero-rates the dispatch and the customer self-accounts for acquisition VAT — both entries must appear on national VAT returns and EC Sales Lists filed with tax authorities (DEB/DEBWEB in France, ZM in Germany, VAT101 in the UK). VIES validation of trading partner VAT numbers is mandatory before zero-rating; invalid numbers require domestic VAT treatment. Triangulation — where three parties in three member states trade without goods passing through the intermediary — uses simplified ESL reporting under Article 141. Call-off stock arrangements under Directive 2018/1910 shift the IC acquisition point to when the customer removes goods. Intrastat declarations are required when arrivals or dispatches exceed national thresholds — typically EUR 400,000 for dispatches and EUR 700,000 for arrivals. We manage the complete IC transaction workflow from invoice validation through ESL and Intrastat filing, maintaining audit trails with transport documents retained per local rules — ten years in Germany and France, seven in the Netherlands.
Common Questions
Multi-Currency & EUR Accounting
Record transactions in EUR and foreign currencies with IAS 21-compliant revaluation for European businesses trading across the single market and globally. Multi-currency accounting handles ECB exchange rates, unrealised gain and loss posting, and functional currency determination for subsidiaries reporting under HGB, PCG, Dutch GAAP, or IFRS.
Multi-currency ledgers
Transactions recorded in EUR, USD, GBP, CHF, and local currencies with automatic ECB rate application.
IAS 21 revaluation
Monetary assets and liabilities revalued at period-end ECB rates with unrealised FX gains and losses posted.
Functional currency
Functional currency determined per IAS 21 for each entity — EUR for most EU subsidiaries, local currency where required.
Consolidation translation
Foreign subsidiary accounts translated to EUR for group consolidation at average and closing ECB rates.
How It Works
Functional currency assessment
Determine the functional currency for each entity based on primary economic environment and cash flow currency.
Exchange rate configuration
Configure ECB daily and period-end rates in accounting software with automatic transaction-date translation.
Transaction recording
Post foreign currency invoices at spot rate with dual-currency tracking in transaction and functional currency.
Period-end revaluation
Revalue monetary balances at closing ECB rate, post unrealised FX differences, and prepare consolidation translation.
Functional currency assessment
Determine the functional currency for each entity based on primary economic environment and cash flow currency.
Exchange rate configuration
Configure ECB daily and period-end rates in accounting software with automatic transaction-date translation.
Transaction recording
Post foreign currency invoices at spot rate with dual-currency tracking in transaction and functional currency.
Period-end revaluation
Revalue monetary balances at closing ECB rate, post unrealised FX differences, and prepare consolidation translation.
European businesses routinely operate in EUR alongside USD, GBP, CHF, PLN, and Scandinavian currencies — particularly groups with UK post-Brexit operations, US parent companies, and Swiss suppliers. IAS 21 governs foreign currency translation: transactions are recorded at the exchange rate on the transaction date, monetary items are revalued at the period-end rate (typically ECB reference rates for EUR functional currency entities), and non-monetary items measured at historical cost are not revalued. Under German HGB, foreign currency translation follows similar principles with §340a HGB permitting optional capitalisation of exchange differences on long-term foreign operations. French PCG and Dutch GAAP align closely with IAS 21 for entities applying IFRS or fair value options. For group consolidation under IFRS, foreign subsidiary financial statements are translated at the closing rate for balance sheet items and average rate for income statement items, with translation differences recorded in other comprehensive income. We configure multi-currency modules in DATEV, Xero, Odoo, and Sage with ECB rate feeds, automate period-end revaluation journals, and reconcile FX differences to bank SEPA payment records.
Common Questions
Bank Reconciliation Across EU Banks
Reconcile business accounts held with European banks — Deutsche Bank, BNP Paribas, ING, AIB, Barclays, and SEPA-connected institutions — against your general ledger with correct multi-currency and VAT treatment. Monthly bank reconciliation across EU banks ensures cash records support VAT return accuracy, transfer pricing documentation, and statutory audit requirements with records retained per local law.
Pan-EU bank coverage
Reconciliation for accounts at major EU banks with SEPA credit transfer and direct debit feed integration.
SEPA payment matching
SEPA SCT and SDD transactions matched to invoices with automatic multi-currency conversion at ECB rates.
Retention compliance
Bank statements and reconciliation workpapers archived per Germany 10-year, France 10-year, NL 7-year, UK 6-year rules.
VAT cash reconciliation
Bank receipts and payments reconciled to VAT sub-ledger for accurate input and output tax recovery.
How It Works
Bank feed integration
Connect SEPA-enabled bank feeds from EU institutions to accounting software for automated transaction import.
Transaction matching
Match bank lines to open invoices, payroll, tax payments, and inter-company transfers with VAT coding.
Exception resolution
Investigate unmatched items — timing differences, bank charges, FX differences, and SEPA return debits.
Reconciliation sign-off
Prepare reconciled cash books with supporting statements archived per jurisdiction retention requirements.
Bank feed integration
Connect SEPA-enabled bank feeds from EU institutions to accounting software for automated transaction import.
Transaction matching
Match bank lines to open invoices, payroll, tax payments, and inter-company transfers with VAT coding.
Exception resolution
Investigate unmatched items — timing differences, bank charges, FX differences, and SEPA return debits.
Reconciliation sign-off
Prepare reconciled cash books with supporting statements archived per jurisdiction retention requirements.
Accurate bank reconciliation is essential for EU tax compliance — member state tax authorities expect accounting records to reflect actual cash movements supported by bank statements retained for statutory periods. German entities must retain records for ten years under §257 HGB and AO §147, French companies for ten years under Article L123-22 of the Code de commerce, Dutch entities for seven years under Book 2 BW, and UK businesses for six years under HMRC rules. European businesses commonly operate multiple accounts — EUR for intra-group and EU trade, GBP for UK operations post-Brexit, USD for international suppliers — across SEPA-participating banks. SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) dominate euro-zone payments, requiring reconciliation against open receivables and payables with correct VAT treatment on matched invoices. We reconcile all business accounts including corporate credit cards, payment gateway settlements (Stripe, Adyen, Mollie), and multi-currency SEPA accounts with IAS 21 revaluation at ECB rates. Clean monthly reconciliations reduce cross-border VAT audit risk, support Intrastat and EC Sales List accuracy, and satisfy statutory auditor requirements under ISA standards.
Common Questions
Monthly & Quarterly Management Accounts
Receive timely profit and loss, balance sheet, and cash flow reports for European directors between annual statutory filings — prepared under IFRS or local GAAP with EUR consolidation for cross-border groups. Management accounts support corporate tax provision planning, VAT cash flow forecasting, and board decisions without waiting for HGB, PCG, or Dutch GAAP year-end accounts.
Monthly P&L and balance sheet
Management reports under IFRS, HGB, PCG, or Dutch GAAP with variance commentary on key performance lines.
Cash flow forecasting
Cash receipts and payments projected to support VAT, payroll, and corporate tax payment planning across member states.
Entity and group views
Per-entity management accounts with EUR consolidated group reporting for pan-European holdings.
Timely delivery
Monthly or quarterly packs delivered within 10–15 business days of period close for board review.
How It Works
Reporting framework setup
Define management reporting format, KPIs, and consolidation mapping aligned to IFRS or local GAAP policies.
Period close and adjustments
Post accruals, prepayments, depreciation, and VAT reconciling entries for each reporting entity.
Report preparation
Compile P&L, balance sheet, cash flow, and KPI dashboard with variance analysis against budget.
Board pack delivery
Deliver management accounts with commentary on trading performance, VAT liabilities, and cash position.
Reporting framework setup
Define management reporting format, KPIs, and consolidation mapping aligned to IFRS or local GAAP policies.
Period close and adjustments
Post accruals, prepayments, depreciation, and VAT reconciling entries for each reporting entity.
Report preparation
Compile P&L, balance sheet, cash flow, and KPI dashboard with variance analysis against budget.
Board pack delivery
Deliver management accounts with commentary on trading performance, VAT liabilities, and cash position.
European business leaders need financial visibility between annual statutory filings — particularly groups operating across multiple member states with varying corporate tax payment schedules, monthly VAT returns in France, quarterly UStVA in Germany, and bi-monthly BTW in the Netherlands. Management accounts prepared under IFRS (Reg 1606/2002) or local GAAP provide directors with monthly or quarterly P&L, balance sheet, and cash flow statements without the full disclosure burden of statutory accounts. We produce entity-level reports under HGB, PCG, Dutch GAAP, or OIC alongside EUR consolidated group packs with elimination of inter-company balances and unrealised profit. VAT cash flow forecasting models projected output and input tax across registrations to prevent liquidity shortfalls before filing deadlines. Budget variance analysis highlights revenue and cost deviations by entity, product line, and geography. Management accounts support corporate tax provision estimates, transfer pricing documentation under OECD guidelines, and lender covenant reporting — delivered within 10–15 business days of each period close.
Common Questions
Cloud Accounting Setup
Configure cloud accounting platforms — Xero, QuickBooks, Odoo, DATEV Unternehmen online, and Sage Business Cloud — for European businesses with EU VAT tax codes, SEPA bank feeds, multi-currency ECB rates, and GDPR-compliant data hosting. Cloud setup delivers real-time bookkeeping across member states with EC Sales List and Intrastat data extraction built in.
EU-ready cloud platforms
Xero, Odoo, Sage, and DATEV cloud configured with per-member-state VAT codes under Directive 2006/112/EC.
GDPR-compliant hosting
EU data residency on GDPR-compliant cloud infrastructure with encrypted storage and access controls.
SEPA bank feed integration
Automated bank feeds from major EU banks with SEPA transaction matching and multi-currency support.
Multi-entity configuration
Separate ledgers or entities for each EU subsidiary with group reporting and inter-company modules.
How It Works
Platform selection
Assess transaction volume, member states, GAAP requirements, and integration needs to select the optimal cloud platform.
Chart of accounts and VAT setup
Configure nominal codes, EU VAT tax rates, reverse charge rules, and EC Sales List reporting fields.
Bank and integration connection
Connect SEPA bank feeds, payment gateways, eCommerce platforms, and payroll systems to the cloud ledger.
Team training and handover
Train your finance team on daily posting, VAT coding, and month-end procedures with documentation.
Platform selection
Assess transaction volume, member states, GAAP requirements, and integration needs to select the optimal cloud platform.
Chart of accounts and VAT setup
Configure nominal codes, EU VAT tax rates, reverse charge rules, and EC Sales List reporting fields.
Bank and integration connection
Connect SEPA bank feeds, payment gateways, eCommerce platforms, and payroll systems to the cloud ledger.
Team training and handover
Train your finance team on daily posting, VAT coding, and month-end procedures with documentation.
Cloud accounting transforms European bookkeeping from desktop silos to real-time, multi-user platforms accessible across member states — but configuration must address EU-specific requirements from day one. VAT tax codes must reflect Directive 2006/112/EC rates and rules for each member state — standard 19% USt in Germany, 20% TVA in France, 21% BTW in the Netherlands, plus reduced rates, reverse charge, and intra-community zero-rating. GDPR requires EU data residency, encrypted transmission, role-based access controls, and data processing agreements with cloud providers — particularly for US-headquartered platforms like QuickBooks and Xero. SEPA bank feed integration automates transaction import from Deutsche Bank, BNP Paribas, ING, and other participating institutions. We implement Odoo for pan-European groups needing integrated ERP, Xero for UK and Ireland operations, DATEV Unternehmen online for German HGB compliance, and Sage for French PCG entities. Multi-entity setups support separate VAT registrations with consolidated EUR reporting, EC Sales List data extraction, and Intrastat-ready goods movement tracking.
Common Questions
Group Consolidation & Inter-Company Reconciliation
Consolidate financial results across European group entities under IFRS as adopted by Regulation (EC) No 1606/2002 — eliminating inter-company balances, reconciling management charges, and preparing EUR group reporting. Inter-company reconciliation ensures arm's-length transfer pricing documentation and clean audit trails for cross-border transactions between HGB, PCG, Dutch GAAP, and IFRS reporting entities.
IFRS group consolidation
Consolidated accounts under Reg 1606/2002 with subsidiary translation, eliminations, and non-controlling interests.
Inter-company matching
Monthly reconciliation of IC receivables, payables, loans, and management fees across all EU entities.
Transfer pricing support
IC transactions recorded at arm's length with documentation supporting OECD transfer pricing compliance.
Multi-GAAP bridging
Reconciliation between HGB, PCG, Dutch GAAP, and IFRS entity accounts for consolidated reporting.
How It Works
Group structure mapping
Document ownership percentages, reporting frameworks, functional currencies, and IC transaction types.
Inter-company reconciliation
Match IC balances monthly — trade receivables/payables, loans, royalties, and cost recharges between entities.
Consolidation adjustments
Post elimination entries, unrealised profit adjustments, and translation differences per IAS 21 and IFRS 10.
Consolidated reporting
Produce consolidated EUR financial statements with segment reporting and transfer pricing summaries.
Group structure mapping
Document ownership percentages, reporting frameworks, functional currencies, and IC transaction types.
Inter-company reconciliation
Match IC balances monthly — trade receivables/payables, loans, royalties, and cost recharges between entities.
Consolidation adjustments
Post elimination entries, unrealised profit adjustments, and translation differences per IAS 21 and IFRS 10.
Consolidated reporting
Produce consolidated EUR financial statements with segment reporting and transfer pricing summaries.
European corporate groups commonly operate through holding companies in Ireland, Netherlands, or Luxembourg with trading subsidiaries in Germany (HGB), France (PCG), Italy (OIC), and the UK — each maintaining separate VAT registrations and local GAAP books while consolidated reporting follows IFRS under Regulation (EC) No 1606/2002. Inter-company transactions — management fees, shared service recharges, royalty payments, inventory transfers, and inter-company loans — must be recorded at arm's length prices with OECD-compliant transfer pricing documentation supporting both corporate tax filings and EU anti-avoidance rules under ATAD. Monthly IC reconciliation prevents balance sheet discrepancies that delay consolidation and trigger audit findings. We eliminate inter-company revenue and expenses, unrealised profit on inventory transfers, and investment balances against equity under IFRS 10. Foreign subsidiary accounts in non-EUR functional currencies are translated at closing and average ECB rates with translation differences in other comprehensive income. Consolidated management and statutory accounts support Parent-Subsidiary Directive dividend planning, Country-by-Country Reporting, and lender covenant testing.
Common Questions
Outsourced CFO Services
Access senior finance leadership on a fractional basis for European businesses — financial strategy, cross-border tax planning, VAT cash management, and board reporting without a full-time CFO. Outsourced CFO services bridge day-to-day multi-country bookkeeping and strategic decision-making across IFRS consolidation, transfer pricing, and EU regulatory compliance.
Strategic financial leadership
Fractional CFO providing financial strategy, budgeting, and investor relations for European growth businesses.
Cross-border tax planning
Corporate tax provision planning, Parent-Subsidiary Directive optimisation, and VAT cash flow forecasting.
Board and investor reporting
Monthly board packs, KPI dashboards, and investor updates in EUR with IFRS-aligned group metrics.
EU compliance oversight
Supervise multi-country VAT, EC Sales List, Intrastat, and CbCR filing readiness across member states.
How It Works
Financial health assessment
Review group structure, books quality, VAT compliance status, cash position, and reporting gaps across entities.
Finance function design
Define reporting calendar, KPI framework, approval workflows, and team structure for your growth stage.
Ongoing financial leadership
Monthly close oversight, board reporting, budget variance analysis, and corporate tax/VAT cash planning.
Strategic advisory
Support EU expansion, holding company structuring, M&A due diligence, and Pillar Two impact assessment.
Financial health assessment
Review group structure, books quality, VAT compliance status, cash position, and reporting gaps across entities.
Finance function design
Define reporting calendar, KPI framework, approval workflows, and team structure for your growth stage.
Ongoing financial leadership
Monthly close oversight, board reporting, budget variance analysis, and corporate tax/VAT cash planning.
Strategic advisory
Support EU expansion, holding company structuring, M&A due diligence, and Pillar Two impact assessment.
Growing European businesses — cross-border eCommerce operators, SaaS companies with OSS obligations, and multi-entity groups spanning HGB, PCG, and IFRS reporting frameworks — often outgrow basic bookkeeping without justifying a full-time CFO. An outsourced CFO provides strategic financial leadership including annual budgeting, rolling forecasts, corporate tax provision planning across member states, and VAT cash flow management for monthly French DEB and quarterly German UStVA payments. We oversee monthly close processes across all entities, prepare board-ready EUR financial packages, and advise on Parent-Subsidiary Directive dividend repatriation and transfer pricing policy under OECD guidelines. For businesses preparing for investment rounds, EU grant applications, or bank facilities, we produce IFRS-aligned financial models and due diligence data rooms. Our fractional model delivers senior finance expertise — typically a qualified accountant with cross-border EU experience — at a fraction of full-time cost, scaling engagement as your group expands across member states and navigates Pillar Two global minimum tax obligations.
Common Questions
Frequently Asked Questions
Get Started
Fill out the form below and our team will get back to you within 24 hours.
Get a Bookkeeping Consultation
Share your bookkeeping needs in Europe and we'll recommend the right accounting solution.
Explore More in Europe
Discover our other financial services available in this region.
Company Formation
EU Entity Formation (GmbH, SAS, BV, S.r.l.)
Learn More →
Tax Preparation
Corporate Tax Returns Across EU Member States
Learn More →
Auditing
Statutory Audits Across EU Member States
Learn More →
Odoo ERP
Odoo Implementation for Multi-Country EU Operations
Learn More →
Business Consultation
EU Market Entry Strategy
Learn More →
Not sure which Accounting & Bookkeeping service you need?
Our Europe team can assess your requirements and recommend the right approach. Book a free 30-minute consultation.
Need Accounting & Bookkeeping Support in Europe?
Contact our Europe team for expert assistance.
