Services · Finance and accounting

Finance and accounting services

Accounting is more than filing returns. It is the system that gives a business accurate numbers, timely reporting and a basis for decisions. BeeWise takes over your accounting and finance function, fully or in part, and connects it with tax management and your ERP system.

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

Day-to-day bookkeeping, processing of source documents, payroll, settlements with suppliers and customers, and tax returns.

Financial reporting

Preparation of financial statements under IFRS and IFRS for SMEs and submission to the reporting portal in line with Georgian legislation.

Outsourced CFO

Budgeting, cash flow management, management reporting, financial analysis and support with financing - without a full-time CFO.

Management reporting

Regular reports for owners and management built on ERP data: profitability, cash flow, receivables and payables.

Accounting clean-up and set-up

Review of existing records, correction of errors, development of accounting policies and migration of processes into Odoo.

Who this service is for

  • Small and medium businesses that want reliable accounting without an in-house department
  • Growing companies that already need financial planning and management reporting
  • Georgian subsidiaries of foreign companies that need IFRS-compliant reporting for the group
  • Companies moving to an ERP system who want accounting and the system managed by one team

How we work

  1. 1

    Assessment

    We review your document flow, the state of your records and your reporting needs.

  2. 2

    Roles and processes

    We agree what stays with your team and what BeeWise takes over, and set the document delivery and reporting calendar.

  3. 3

    Handover and set-up

    We take over the records, correct prior periods where needed and set up the system.

  4. 4

    Ongoing service

    Monthly bookkeeping, filings and reporting in the agreed format and on the agreed dates.

BeeWise

Why BeeWise

Accounting, tax and ERP in one system

Data is entered once and shows the same picture to the accountant, the manager and the tax advisor.

International standards

Reporting is prepared under IFRS, which simplifies audits, fundraising and relationships with international partners.

Collective accountability

Your accounting does not depend on one person - knowledge and processes are shared across the team.

FAQ

Frequently asked questions

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

By default BeeWise takes over bookkeeping, payroll, tax filings and reporting. Your side keeps timely delivery of source documents and business decisions. The exact boundaries are written down at the start and can change as the 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?

An outsourced CFO is an experienced finance manager engaged part-time: budgets, cash flow forecasts, management reporting and financial models for investors or banks. It is needed when you already have the accounting numbers but nobody is responsible for analysing and planning with them.

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.

How are documents exchanged and how does communication work?

We agree on the document format and calendar: electronic document flow, RS.ge e-waybills and invoices, bank statements. Communication runs through a responsible accountant, with the tax and finance team involved in complex matters.

Hand your accounting to one team

Tell us about your business and we will propose a format that fits.