Accounting for nurseries and kindergartens - why is it worth entrusting it to the specialists?

Accounting for nurseries and kindergartens - why is it worth entrusting it to the specialists?

Accounting for nurseries and kindergartens - why is it worth entrusting it to the specialists?

Do you run a kindergarten or nursery? Educating the youngest is a wonderful initiative that can bring a lot of joy and satisfaction. However, running a kindergarten is not only about inventing games as it could seem to be. It is connected, in turn, with a huge responsibility that involves education, upbringing and care as well as managing the organisational issues - including accounting.

However, you are not obliged to complete all the formalities by yourself. Let us help you! While you are responsible for the management of the institution and the education of children, we will focus on the civil law contracts, tax interpretations, subsidies settlements and other issues related to the bookkeeping of the kindergarten or nursery.

Grants for a kindergarten or a nursery - how to obtain and settle them?

Would you like to benefit from funding for a kindergarten or nursery? If so, you should get ready for a lot of formalities and hours spent on documentation. In order to make this process more approachable, it is advised to have the support of an experienced accounting office that will advise you on how to obtain and settle the subsidies and that will assist you in recording costs and taking care of accounting.

In TaxCoach, we support the education of the youngest as well as the work of nurseries and kindergartens. We will help you go through the entire process of obtaining a subsidy - we will fill in the required forms together and analyze every detail that may influence the final decision concerning the obtainment of the subsidy. Obtaining the grant does not have to be difficult and stressful - as long as you act in a thoughtful way and have the support of professionals.

Each local government unit has its own requirements regarding the settlement of subsidies, which may cause some ambiguity. How not to be lost then? The best solution is to entrust this responsibility to your accountant who has more experience in obtaining and accounting for EU subsidies as well as the subsidies from territorial entities. TaxCoach knows what to pay attention to as we know the specificity concerning the work of the authorities that offer the grants.

Support during the review proceedings

Obtaining a subsidy is only half the battle. In order not to expose the institution to additional expenses, you should work on the correct costs accounting from the received subsidies. Unfortunately, the controlling authorities tend to interpret the regulations in a different way and a person who has insufficient knowledge may find it difficult to prove one’s point.

In case of any inspection, we will deal with potential discrepancies proving that the subsidy has been obtained and settled in a correct manner. We have a lot of knowledge about the work of inspection bodies and thus, we know how to minimise the risk of emergence of any irregularities during the inspection.

Security of sensitive data

How to protect children's sensitive data? This is a real challenge for kindergartens and nurseries, especially after the General Data Protection Regulation (GDPR) having come into force. Each institution collects and processes data of children, parents and employees and that is why, their protection must be delivered at the highest level.

In TaxCoach we use an encryption software of the best quality that will keep your data safe. All information provided to us is also covered by a high liability insurance policy and acting in accordance with the GDPR, in turn, is our specialty.

Access to accounting 24/7 from any mobile device

You no longer need to call offices, study regulations and search for paper invoices for hours. It is better to choose modern online accounting and collect all documents in one place - in your private Customer Panel which is available 24 hours a day, 7 days a week. Do not wait until Monday morning to check your data with an accountant - do it by yourself through a convenient online platform. While having an Internet access our clients can take benefit from the tools that we share from anywhere in the world. The platform is fully responsive so you can control your accounting via various mobile devices - computer, smartphone or tablet.

What is more, we also provide an internal messenger through which you can communicate with your personal advisor. Yes, personal. Each client is assigned a specialist who takes care of the entrepreneur's accounting.

Bookkeeping without stress

Running a care and educational institution poses a real challenge that requires knowledge of the law. Instead of studying law at night, focus on what you are the best at, which is running a nursery or kindergarten. Let the professionals take care of the concerns related to law, accounting and taxes. This is how you will gain peace of mind and you will get rid of stress connected with filling in the forms and submitting the declarations.

We manage our current settlements conscientiously and as a consequence, further preparation of the annual report does not pose a challenge for us. In addition to that, we also deal with the issues related to the management of employment as well as civil law contracts so all the matters concerning the accounting are handled by one accounting office. As many as 97% of customers rate us as the best company in the industry. Would you like to join us then?