Services · Finance and accounting

Finance and accounting services

Accounting is more than just filing tax returns. It is a structured system that provides a business with accurate numbers, timely reporting, and a solid basis for decision-making. BeeWise takes over your accounting and finance function, fully or in part and becoming your trusted partner in ensuring financial accuracy and order.

Questions and answers

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Overview

Financial control

All synced

Revenue

₾ 248k

+12.4%

Tax due

₾ 31.2k

on track

Cash flow

₾ 96k

+4.1%

Cash flow · 7 mo

2026

Scope

What the service includes

Accounting outsourcing

We offer tailored accounting services designed to ensure the seamless and accurate management of your daily financial operations. Our team manages the comprehensive processing of primary documentation, timely payroll calculation, and the oversight of settlement processes with both suppliers and customers. We handle the precise preparation and submission of tax returns in full compliance with current legislation, ensuring your financial records remain orderly and fully protected from tax risks.

Preparation of financial statement

We ensure the preparation of financial statements in accordance with International Financial Reporting Standards (IFRS and IFRS for SMEs), delivering faithful representation to your financial data. Our team seamlessly manages the end-to-end process of preparing and submitting financial statements to the official state portal in accordance with Georgian statutory requirements.

Outsourced CFO

We offer strategic financial management support, enabling you to access high-level expertise without the cost of hiring a full-time CFO. Our team manages comprehensive budgeting processes, effective cash flow management, and timely managerial reporting, delivering financial accuracy and predictability to your business. We conduct in-depth financial analysis and assist with securing and optimizing funding, empowering you to make data-driven decisions for sustainable growth.

Accounting recovery

We offer the comprehensive recovery and optimization of past accounting records, the effective rectification of identified discrepancies, and the development of a tailored accounting policy aligned with your company's specifics. We ensure the complete standardization of accounting processes and their seamless integration into modern management systems, empowering your business to operate transparently and efficiently.

Who this service is for

For Small and medium businesses - reliable financial accounting without the extra administrative burden.
For fast-growing companies that need a solid financial foundation to make informed business decisions.
For companies requiring financial statements preparation to comply with statutory or investor requirements.
For companies implementing complex ERP systems and looking for experienced ERP-specialized accounting management.

How we work

1
Assessment
We analyze your business specifics, existing challenges, and operational needs.
2
Roles and processes
We define roles, synchronize processes, and align timelines.
3
Handover and set-up
We onboard accounting databases, rectify historical gaps, and set up an integrated accounting environment.
4
Ongoing service
We take full responsibility for ongoing accounting, tax filings, and periodic analytical reporting.

FAQ

Frequently asked questions

What does accounting outsourcing include and what stays on our side?

Typically, BeeWise takes full responsibility for overall accounting, primary documentation entry, payroll management, tax filings, and financial reporting. On your end, you remain responsible for the timely provision of primary documents and strategic business decisions. Precise boundaries are defined at the start of our cooperation and can adapt as your business grows.

Which standard is used for financial reporting in Georgia?

Under the Law of Georgia on Accounting, Reporting and Auditing, entities apply IFRS, IFRS for SMEs or the simplified standard for fourth-category entities, depending on their size category. BeeWise determines which standard applies to your company and prepares the statements accordingly.

What is an outsourced CFO and when do I need one?

CFO outsourcing involves engaging an experienced financial manager on a part-time or full-time basis. Key responsibilities include, but are not limited to, budgeting, cash flow forecasting, management reporting, and financial modeling.

Can our accounting be kept in Odoo?

Yes. If your company uses Odoo or plans to move to it, bookkeeping runs in the Odoo accounting module and sales, purchasing, inventory and finance come together in one system. One team sets up the system and keeps the books.

One hub