CBRE is processing accounting in accordance with the clients´ requirements. In general, we can summarize that we mainly report on the following areas of information:

• Management of company’s daily accounting; under Slovak accounting standards;
• Booking issued invoices and credit notes
• Booking incoming invoices and credit notes approved by client
• Handling of client´s incoming and outgoing payments; (if requested)
• Processing bank statements - booking client´s incoming and outgoing payments, booking bank charges, interest, exchange rate differences
• Booking of long-term assets, calculation of accounting depreciations
• Booking of accruals, time differences,  prepayments, deposits
• Value added tax „VAT“ accounting for the company and submission of VAT report to authorities;
• Corporate income tax “CIT” preparation of documents for the calculation of income tax for the client or tax advisor, cooperation in the preparation of the tax return, accounting for income tax
• Preparation of monthly and quarterly reports to National statistics office, if required
• Preparation of reports to the National Bank of Slovakia; if required
• Preparation and submission of financial statements within the statutory appointed time; Cooperation in the preparation of other necessary documents (annual report, proposal for approval of annual financial statements)
• Communication with the tax bureau and the tax advisor of the client.

Reporting

CBRE is preparing reports in accordance with the client´s requirements. In general, we can summarize that we mainly report on the following areas of information:

• Letting status – tenants list

• A regular review of rental income and other earnings, in case that CBRE provides financial services and company accounting. Otherwise, the CBRE provides relevant information for reporting to the client's accountant.

• Regular review of costs - OPEX operating costs, MAREX marketing costs, CAPEX investment, and other costs, in case that CBRE provides financial services and company accounting. Otherwise, the CBRE provides relevant information for reporting to the client's accountant.

• Receivable report (depending on the client's request, we propose twice a month), in case that CBRE provides financial services and company accounting. Otherwise, the CBRE provides relevant information for reporting to the client's accountant.

• Overview of negotiations with tenants, of events on the property, information about marketing activities, property status report and others if requested.

• Reporting to client on a monthly basis; in the form of standard report approved by client; to provide client with the following information:

Tenants:
- Leases Overview, Rental Termination (break options) and Refurbishment Options (Renewals), market rent reviews, Critical Data
- Deposits and additional guaranties
 
    Financial (to monitor owners return)
- All revenues, funds received, costs and expenses incurred
- Debtors database, overview of all outstanding payments

Related Services

Our extensive track record, working with developers, occupiers and funders demonstrates our experience of handling challenging projects
CBRE is providing for the clients the services linked by the purchase and sale of the electric energy generally in relation to client’s tenants