At Kılınç Advisory, we support local and international companies in managing their accounting, tax compliance, payroll and financial reporting processes in an efficient, reliable and fully compliant manner.
In addition to our accounting and tax compliance services, we provide outsourced solutions for the management of all or selected functions of companies’ accounting and finance operations. In this context, we develop tailored solutions to meet a range of business needs, from day-to-day accounting operations and management reporting to payroll administration and the establishment of accounting systems.
We particularly support international companies commencing operations in Türkiye or expanding their existing operations in establishing a sustainable accounting infrastructure that is aligned with local legislation and practices, integrated with group reporting standards and capable of meeting their ongoing reporting and compliance requirements.
Accounting and Tax Compliance Services
- Maintenance of statutory books and accounting records in accordance with applicable legislation
- Preparation of monthly financial statements
- Preparation of monthly, quarterly and annual tax returns and Social Security Institution (SSI/SGK) filings, and management of the related processes
- Monitoring of payment processes relating to tax and other statutory liabilities
- Handling of procedures before tax offices, trade registries, the Social Security Institution and other relevant public authorities
- Establishment and maintenance of fixed asset records
- Monitoring of statutory deadlines and compliance calendars relating to accounting and tax obligations
Payroll Services
- Preparation of monthly payrolls
- Preparation and monitoring of employment commencement and termination notifications
- Management of Social Security Institution (SSI/SGK) filings and e-declaration processes
- Calculation, monitoring and reporting of employee and employer costs
- Calculation of severance and notice pay, accrued but unused annual paid leave and other employee entitlements
- Preparation of management reports concerning payroll and personnel costs
Accounting Systems and Management Reporting
- Analysis of the company’s accounting and financial reporting requirements and establishment of an appropriate system infrastructure
- Design and implementation of company-specific management reporting systems
- Support throughout ERP and accounting system selection and implementation processes
- Development of a chart of accounts tailored to the company’s operations and reporting requirements
- Alignment of local accounting records with group reporting standards
- Establishment and enhancement of accounting processes and workflows
- Establishment of internal control systems and review of existing controls
- Support for the adaptation of accounting and finance teams to new systems and processes, including training
Cost Accounting and Financial Analysis
- Integration of production bills of materials and recipes into accounting and ERP systems
- Calculation and control of production costs
- Classification and valuation of inventories and integration into the accounting system
- Preparation of profitability analyses by product, activity and business unit
- Analysis of cost structures and integration of the results into management reporting
- Preparation of financial analyses and reports to support management decision-making processes
Our Outsourced Accounting Model
Our services can be structured as either a comprehensive outsourced accounting solution or a model limited to specific functions, depending on the company’s requirements. Where necessary, the Kılınç Advisory team works as an extension of the company’s existing finance and accounting function, providing support across relevant processes ranging from day-to-day operations to periodic reporting.
Through this approach, we aim to help companies manage their local regulatory and compliance obligations effectively while transforming their finance and accounting functions into a more scalable, controllable and management-oriented structure.