OUTSOURCING SERVICES
Do routine activities take up too much of your time? Focus on what really matters by outsourcing to a company willing to be a reliable partner and improve your processes!

Accounting and Reporting

By outsourcing accounting services we are able to support or completely replace the activities performed by your company's internal finance department, while providing ongoing advice and support.

Accounting document processing services:

  • Issuance, distribution and accounting registration of issued invoices
  • Registration of accounting documents received from suppliers and their posting
  • Registration and posting of purchase invoices (through the Suppliers module)
  • Registration and posting of invoices receivables (through the Customers module)
  • Registration and posting of transactions made through the cash register based on accounting documents and the Cash Register
  • Recording and posting transactions on the part of stocks (purchase, sale, production)
  • Organizing and maintaining the mandatory accounting registers (register of fixed assets, purchase and sales journals, Inventory Register, Journal Register, Trial Balance, suppliers and customers due dates);
  • Staff costs (payroll, reimbursement of transport expenses, daily subsistence allowance, etc.)
  • Accounting records relating to movements of stocks
  • Accounting entries in the General Register: house, transport costs, wage costs, loans, investments, etc.
  • Fixed assets accounting records
  • Assistance in the annual or periodic inventory (at the customer's request) of the company's assets
  • Assistance with inventory procedures for stocks
  • Registration of transactions made through bank accounts based on bank statements provided by the bank and their reconciliation
  • Transactions between companies within the group
  • Calculation, recording and posting of accrued expenses and revenue
  • Financial fixed assets
  • Revaluation of balances in foreign currency
  • Assistance in the preparation and implementation of annual patrimony inventory procedures at company level.
  • Regular communication with third parties and stakeholders
  • Assistance during the audit period, inspections and before the competent local authorities

Administration of bank accounts and payments on behalf of the customer:

  • Opening bank accounts on behalf of the client
  • Set access rights
  • Preparation and generation of payment orders
  • Autorizare plăți în baza dreptului de semnătură conjunctă

Preparation and submission of monthly statements:

  • Preparation of mandatory monthly statements, using information from the Journal Register, Sales Journal, Purchase Journal, Balance Sheet and Profit and Loss Accounts
  • Preparation of other statistical reports or reports required by the National Bank of Romania
  • Completion and submission of the Corporate Tax Return
  • Filling in and submitting the VAT Return
  • Completion and submission of the Withholding Tax Return
  • Completion and submission of local tax returns
  • Other ad hoc reports requested by local authorities

Periodic financial statements and statistical reports:

  • Preparation and submission of annual or half-yearly Financial Statements according to local regulations
  • Preparation of statistical reports or reports for the National Bank and other institutions
  • Preparation of the manual of accounting policies and procedures necessary for the proper conduct of activity in the company
  • Preparation and preparation of other ad hoc reports requested by the Romanian authorities on the fee side

Payroll/Salary Calculation and Personnel Administration

We guarantee the confidentiality of all data and a high quality of service, as well as the optimization of your costs for payroll and HR management services. We are always at our clients' side with reliable advice on employment law.

Human resources consultancy

People are our most valuable resource, representing a sustainable competitive advantage for organisations operating in a global economy characterised by one certainty - change. Skills missing, combined with a mismatch between demand and supply of talent, make attracting (and retaining) the right people in the right place at the right time more complicated than ever.

Payroll services:

Nowadays, the business environment is constantly changing and has a direct impact on the organization of work, so the needs of the staff remain a constant priority for companies.

Outsourcing the salary calculation brings you the following benefits:

reducing the company's costs
variable costs with the human resources department become fixed monthly costs
outsourcing the responsibility on the accuracy of the salary calculation, compliance with the terms and legal provisions in force
transfer of time-consuming administrative activities outside the company
the key-functions of the company can focus their efforts on bringing value to the activity, knowing that they benefit from the support and expertise of a partner specialized in outsourcing services of salary calculation and personnel administration
the company's management permanently benefits from consultancy in solving delicate and important situations in the area of human resources

Considering the above, it follows that outsourcing the payroll service is the best solution for companies, offering the security of compliance with local legislative requirements, correct processing of employee salaries, complex reporting, timely distribution of salary slips and securing personal data at a high level, regardless of the location where you work.

The main services in the field of remuneration that we offer, depending on the needs of your company, are:

Preparation and submission of FNUASS recovery files
Monthly salary calculation according to the legislation in force
Monthly submission of statutory payroll statements and statistical reports
Personalized salary reports necessary for management activities
Preparation and distribution of payslips in multiple variants (by e-mail with unique password, flyers uploaded to the portal accessible online)
Permanent online support for human resources manager and employees
Making salary payments and related contributions based on the client's rights on their own accounts or using an account opened by us and dedicated to the client for this type of transactions
Representation in the communication with the State authorities, based on the power of attorney
Assistance and representation during salary audits and inspections by local authorities
Emergency payroll services – support during the temporary absence of staff from your internal department
Assistance in adjusting or creating benefit schemes for the company's employees according to the budget you have

Business Outsourcing

If you need to outsource a line of business such as manufacturing, sales or finance, we're happy to help, starting with standardised market data. No matter what industry your company is in, you can rely on us to efficiently manage core or non-core activities without losing sight of your business objectives.

Tax and legal advice

We have the courage to ask the difficult questions to get to the heart of the matter. As long as the problems you face are clear to us, we can put ourselves in your place and get together a successful tax strategy

Our world is in a state of continuous uncertainty, further complicated by the complexity of economic, social and political regulations and threats. TSM Tax and Legal Services helps you reduce disruption and stay one step ahead of changes that affect your business.

Accounting and Reporting

By outsourcing accounting services we are able to support or completely replace the activities performed by your company's internal finance department, while providing ongoing advice and support.

Accounting document processing services:

Issuance, distribution and accounting registration of issued invoices
Registration of accounting documents received from suppliers and their posting
Registration and posting of purchase invoices (through the Suppliers module)
Registration and posting of invoices receivables (through the Customers module)
Registration and posting of transactions made through the cash register based on accounting documents and the Cash Register
Recording and posting transactions on the part of stocks (purchase, sale, production)
Organizing and maintaining the mandatory accounting registers (register of fixed assets, purchase and sales journals, Inventory Register, Journal Register, Trial Balance, suppliers and customers due dates);
Staff costs (payroll, reimbursement of transport expenses, daily subsistence allowance, etc.)
Accounting records relating to movements of stocks
Accounting entries in the General Register: house, transport costs, wage costs, loans, investments, etc.
Fixed assets accounting records
Assistance in the annual or periodic inventory (at the customer's request) of the company's assets
Assistance with inventory procedures for stocks
Registration of transactions made through bank accounts based on bank statements provided by the bank and their reconciliation
Transactions between companies within the group
Calculation, recording and posting of accrued expenses and revenue
Financial fixed assets
Revaluation of balances in foreign currency
Assistance in the preparation and implementation of annual patrimony inventory procedures at company level.
Regular communication with third parties and stakeholders
Assistance during the audit period, inspections and before the competent local authorities

Administration of bank accounts and payments on behalf of the customer:

Opening bank accounts on behalf of the client
Set access rights
Preparation and generation of payment orders
Authorization of payments based on the right of conjunct signature

Preparation and submission of monthly statements:

Preparation of mandatory monthly statements, using information from the Journal Register, Sales Journal, Purchase Journal, Balance Sheet and Profit and Loss Accounts
Preparation of other statistical reports or reports required by the National Bank of Romania
Completion and submission of the Corporate Tax Return
Filling in and submitting the VAT Return
Completion and submission of the Withholding Tax Return
Completion and submission of local tax returns
Other ad hoc reports requested by local authorities

Periodic financial statements and statistical reports:

Preparation and submission of annual or half-yearly Financial Statements according to local regulations
Preparation of statistical reports or reports for the National Bank and other institutions
Preparation of the manual of accounting policies and procedures necessary for the proper conduct of activity in the company
Preparation and preparation of other ad hoc reports requested by the Romanian authorities on the fee side

Price list 2022
TSM SYNERGY SOLUTIONS

1. Standard prices for Payroll services::
– Companies with maximum 15 employees:

Payroll implementation: 100 euro without VAT (one time – on beginning of the contract)
Monthly cost – 90 Euro/month without VAT
Additional payroll services: 25 Euro/hour ( eg: the input submitted by the Client for payroll are wrong and after the payroll run, must be recalculated once again, costs are estimated and agree before the recalculation of the payroll or any other services)


– Companies with a number between 15 and 60 employees:

Payroll implementation: 200 Euro without VAT (one time – on beginning of the contract)
6 Euro/employee/month without VAT
Additional payroll services: 25 Euro/hour ( eg: the input submitted by the Client for payroll are wrong and after the payroll run, must be recalculated once again, costs are estimated and agree before the recalculation of the payroll or any other services)


– Companies with a number > 60 employees:

– a personalized offer is issued, please send a request to the e-mail address: office@tsm-synergy.com

2. Statistical standard prices as followed:
– drawing up monthly statistical reports (S1/CON TS) – 55 Euro/month;
– drawing up quarterly statistical reports (Vacancies) – 55 Euro / quarter;
– drawing up annual statistical reports (annual labor S3_Costul) – 200 Euro / year, invoiced after submission S3, in February.

3. Standard prices HR tariffs – personnel administration services, REVISAL & REGES operation:
– Companies ≤ 15 employees::

Implementation cost : 60 Euro without VAT (one time – of beginning of the contract)
12 Euro/document processed (excluding VAT)

– Companies with a number between 15 and 60 employees:

Implementation cost: 90 Euro without VAT (one time – to be paid only once at the beginning of the contract)
11 Euro/file (without VAT)

– Companies with a number > 60 employees
– a personalized offer is issued, please send a request to the e-mail address: office@tsm-synergy.com

Notes:

  1. For all the services that are not included in these price list, will be issue customize offers, please send an request at: office@tsm-synergy.com
  2. Offers/work orders or signed agreement will amend the present price list and will be used as agreed;
  3. All rates are in Euro, but the invoices will be issue in RON at BNR exchange rate + 2 %