Full-Service Accounting Solutions for Growing Businesses
At Oceans, we provide complete accounting services for companies of all sizes — from startups and SMEs to international businesses operating across borders.
Our goal is simple: to take care of your accounting accurately, transparently, and in full compliance with regulations, so you can focus on running and growing your business.We act as more than just accountants. We are a long-term financial partner, supporting your company at every stage — from daily bookkeeping to year-end reporting and strategic financial insights.
Accounting Services We Cover
Our accounting services are designed to be flexible and scalable, adapting to your company’s size, industry, and stage of development.
Daily Book-keeping
Accurate bookkeeping is the foundation of reliable financial reporting. We ensure that all transactions are recorded correctly and on time.
This includes:
✔️ Processing sales and purchase invoices
✔️ Bank and cash reconciliations
✔️ Expense tracking
✔️ VAT records and supporting documentation
Your accounts are always up to date, structured, and ready for review.
Financial Statements, Reporting
We prepare financial statements in accordance with Latvian accounting standards and legal requirements. Our reports reflect the true financial position of your company and are suitable for authorities, investors, and internal use.
We prepare:
✔️ Balance sheets
✔️ Profit and loss statements
✔️ Cash flow statements
✔️ Notes and supporting schedules
Whether you need annual or interim reporting, we deliver clear and compliant results.
Year-End Accounting, Compliance
Year-end accounting can be complex and time-consuming. Oceans manages the entire year-end process to ensure a smooth and timely close.
Our year-end services include:
✔️ Review of accounting records
✔️ Year-end adjustments and reconciliations
✔️ Preparation of annual financial statements
✔️ Support with submission to authorities
We help you close the year confidently and without unnecessary stress.
Tax & VAT Support
Proper tax compliance is essential for every business operating in Latvia. We support clients with tax-related accounting tasks and ongoing compliance.
Our services include:
✔️ VAT accounting and reporting
✔️ Support with tax calculations
✔️ Coordination with tax authorities when required
✔️ Ensuring accounting aligns with tax regulations
We help reduce risks and avoid unpleasant surprises.
Management Reporting, Business Insights
Beyond compliance, accounting should support better decision-making. Oceans provides management reporting that helps business owners understand performance and plan ahead.
We offer:
✔️ Monthly or quarterly management reports
✔️ Profitability and cost analysis
✔️ Cash flow monitoring
✔️ Custom KPIs based on your business needs
Our reports are clear, practical, and designed for non-accountants.
Budgeting, Forecasting
We help businesses plan for the future with realistic budgets and financial forecasts.
This includes:
✔️ Annual and short-term budgets
✔️ Cash flow forecasts
✔️ Scenario planning and growth projections
✔️ Financial planning support
These tools help you anticipate challenges and make informed strategic decisions.
Catch-Up, Corrective Accounting
If your accounting is behind, incomplete, or inconsistent, we can help bring it back in order.
Catch-up accounting services include:
✔️ Reviewing historical periods
✔️ Correcting errors and inconsistencies
✔️ Reconstructing missing records
✔️ Preparing accounts for audits, reporting, or transactions
Our approach is practical, confidential, and solution-focused.
Customised Accounting Solutions
Every business is different. We design custom accounting solutions based on your operations, industry, and internal processes.
This may include:
✔️ Partial or full accounting outsourcing
✔️ Industry-specific reporting
✔️ Integration with internal systems or software
✔️ Scalable support as your business grows
We adapt our services to your business - not the other way around.
Why Choose Oceans?
Clients choose Oceans because we offer:
✔️ Experienced local accounting professionals
✔️ Clear communication and transparency
✔️ Compliance with Latvian accounting and tax laws
✔️ Flexible service models
✔️ Long-term, partnership-based approach
We focus on accuracy, reliability, and clarity.
Client feedback
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