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Accounting for Digital agencies

October 27, 2020 · 1 min read

In today’s business environment it is hard to picture a company without an online presence. To attract more visitors, raise brand awareness and grow online sales, companies turn to professionals — digital agencies, or internet marketing agencies.

We have a strong track record of working with Ukrainian digital agencies on bookkeeping, financial accounting and tax reporting.

The core job of an internet marketing agency is to design and roll out effective marketing strategies for its clients, including running advertising campaigns. In the process, the agency receives funds from clients and passes them on to various advertising platforms such as Google, Facebook, Twitter, Instagram and Ukr.net — and this has to be recorded properly in the documentation and the accounts.

We help digital agencies organize their financial accounting and optimize their tax payments, and we provide ongoing bookkeeping and tax support. We build a smooth line of communication with the account manager, advise management on tax law and management reporting, and liaise with clients and suppliers to make sure source documents and contracts are drawn up correctly.