The management board is always responsible for providing complete and correct source documents; the accountant is responsible for processing those documents in accordance with Estonian GAAP and tax law.

Can we catch up on previous periods?

Yes. We routinely perform “catch‑up accounting” (tagantjärele raamatupidamine) for businesses that have fallen behind on bookkeeping or need to reconstruct ledgers before an audit, sale, or liquidation.

Typical scope

1. Document collection & gap list – we map missing invoices, expense receipts, bank statements.
2. Data entry & reconciliation – post all transactions, reconcile banks, payables, receivables, inventory.
3. Tax corrections – prepare or amend VAT, payroll and TSD returns if needed.
4. Financial statements – produce compliant balance sheet & income statement for each outstanding year.

How to start?

1. Contact us with a brief description of the backlog (years & estimated transactions).
2. We send a document checklist and NDA.
3. Once we receive your materials we issue a detailed quote.

This information is general in nature and does not constitute legal advice.