In the competitive world of business and shipping, accounting support is one of the most critical services for a company's security, efficiency, and sustainability. Accuracy, transparency, and continuous monitoring of financial data are vital for proper operation and success in today's business environment.
Accounting support provides a solid foundation for analyzing and interpreting financial data, enabling businesses to make informed decisions. Specifically, for the maritime industry, characterized by a high degree of complexity and fluctuations, the importance of accounting support is twofold.
On the one hand, it assists in accurately recording and managing financial transactions and, on the other, it ensures compliance with legal and tax obligations.
Transaction Recording: Accurate and timely recording of all financial transactions, providing an up-to-date picture of the company's financial status.
Financial Reporting and Analysis: Production of detailed financial reports revealing the financial health of the business, serving as a basis for strategic planning and decision-making.
Tax Consulting and Compliance: Advisory services to ensure compliance with current tax regulations and to leverage all available tax reliefs and incentives.
Cash Flow Management: Analysis and planning of cash flows to ensure sufficient liquidity to cover operational and investment needs.
In the maritime sector, where financial activities span multiple jurisdictions and operational costs can be high, accounting support plays a crucial role. Accurate recording and management of financial transactions, compliance with international tax obligations, and efficient cash flow management are vital for success.
Providing accounting support to businesses and maritime companies comes with challenges such as managing the complexity of international regulations and staying updated with tax changes. However, the opportunities for optimizing financial performance and enhancing transparency and trust are significant.
Accounting support is essential for the success and growth of businesses and maritime companies. It offers a "roadmap" for financial stability, compliance, and strategic growth, strengthening corporate governance and investment appeal. With the right accounting support, businesses can navigate the challenges of a competitive environment and secure a dynamic and sustainable future path.
Our company specializes in the recording of shipping enterprise documents within the modern logistics services environment. We provide services that include ship supplies, paints, lubricants, fuels, and comprehensive management of document data, with ledger analysis for the accounting department and preparation for the company's ERP. Additionally, we offer support in shipping money transfers and document dispatch.
We deal with maritime accounting issues in accordance with IFRS, such as ship and cargo management and charter agreements under current maritime law. Our services are provided with immediate and functional accuracy and consistency. Our supervisory role in the demanding shipping industry emphasizes a strong sense of responsibility toward every challenge.
ERP System by Danaos Management Consultant SA
- The Danaos Financial Suite is a shipping ERP that automates and optimizes all financial processes for your shipping business.
Designed as an online solution specifically for the shipping industry.
- Shipping is a capital management business with specific requirements for automating accounting processes to ensure the seamless flow of critical financial data across all departments.
- Designed as a multi-company, multi-group, and multi-currency accounting solution, the Danaos Financial Suite offers advanced reporting capabilities, enabling consolidation at all corporate levels.
- Essential for Ship Managers, Shipowners, Accountants, Ship Management Teams, Ship Operators, Agents, Fuel Traders, Shipbrokers, and Charterers.
- The Danaos Financial Suite is part of the Danaos Web Enterprise Suite applications, including Payments, Budgets, General Ledger (MGA), Procurement & Trade Package (Operations, Cargo, Port Expenses, Exchange Rates, and Fuel).
Facilitating Daily Monitoring:
- Monitoring calendars across multiple open financial periods.
- SOX Law compliant.
- Data entry screens, report parameters, and user-defined reports provide maximum user flexibility.
- Security system with user-defined roles and tasks, ensuring access rights for selected users.
- User-defined Chart of Accounts and account restructuring according to company needs.
- User-defined Chart Types for further analysis of the GL.
- All available reports can be exported to Microsoft Excel.
- Full support for data entry and Travel Accounting reports.
- Automatic calculation of Exchange Rate Differences and Adjustments (Conversion Costs).
- Automatic creation of Intercompany Transactions.
- Automatic Calculation of Prepayments across multiple financial periods based on the period allocation of current expenses.
- Ability to scan or attach all types of documents to transactions.
- Analysis of Current Expenses (Accrued) based on allocation periods.
- Automatic Closing - Opening of financial period (reversible process available).
- Year-End Closing Entry per ship/company generated automatically.
Tax Books and Tax Obligations for Shipping Companies
-Books and Records for Shipping Companies
- VAT Exemptions
Inventory – Purchases
-Fuels
- Lubricants
- Supplies
- Spare Parts
- Food Supplies
SFD FINANCE DYNAMIC
Reliable, Accurate, and Specialized Accounting Services
Iakovou Dragatsi 8 (4th Floor), Piraeus, 18535
+30 2104190388
+30 6945742427
contact@skiadassfd.gr