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Bookkeeping: Controlling core functions

Ensuring accurate financial recordkeeping

Our purpose

Our bookkeeping services streamline financial compliance for Armenia’s regulatory environment in 2025. Tailored for MNEs and businesses, we ensure precise transaction recording, audit readiness, and integration with transfer pricing frameworks. We provide meticulous bookkeeping to ensure financial accuracy, compliance, and operational efficiency. Our services support audit readiness, align with global standards, and integrate with MNE transfer pricing strategies.

Transaction recording and classification

Records daily transactions across ledgers

Classifies income, expenses, and assets

Tailors chart of accounts for reporting

Allocates costs for transfer pricing needs

Accounts payable (AP) management

Processes vendor invoices with 3-way matching

Schedules payments, forecasts cash flow

Reconciles supplier ledgers for audits

Ensures compliance with Armenian tax laws

Accounts receivable (AR) management

Automates customer invoice generation

Tracks receivables, supports collections

Integrates with CRM for real-time updates

Aligns with MNE financial reporting

Bank and account reconciliations

Reconciles bank, digital payment accounts

Resolves variances, duplicate entries

Prepares reconciliation reports for audits

Ensures robust internal controls

Expense management

Categorizes, approves business expenses

Controls petty cash, reimbursements

Integrates travel and expense policies

Provides real-time compliance tracking

Journal entries and general ledger

Manages monthly journal, accrual entries

Maintains general ledger integrity

Generates trial balance for period-end

Coordinates with controllers for closing

Who we advise

We serve clients for whom bookkeeping is not just a task—it’s a trust function:

Real-world impact: what our clients achieve

The challenge
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Complex transaction recording needs

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Risks from non-compliant bookkeeping

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Inefficient financial processes

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Audit and tax filing pressures

Our strategic response

Precise transaction, ledger management

Automated compliance, reporting tools

Tailored charts for transfer pricing

Expert audit preparation support

Achieved results

Full compliance, low audit risk

Accurate, investor-grade records

Efficient bookkeeping processes

Aligned transfer pricing outcomes

Why partner with us

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Bookkeeping expertise

Mastery of Armenian tax rules.

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Compliance assurance

Aligns with IFRS, local laws.

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Risk mitigation

Minimizes errors, audit risks.

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Tech integration

Seamlessly works with tools.

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Tailored insights

Custom support for MNEs, scale-ups.

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FAQ

Frequently asked questions

Explore our frequently asked questions to learn more about TML’s features, security, integration capabilities, and more

What bookkeeping standards do you follow?

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We align with IFRS and Armenian financial reporting standards, ensuring compliance and audit readiness.

How do you ensure tax compliance in Armenia?

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We adhere to local tax laws, including VAT and 20% PIT, integrating with transfer pricing frameworks.

What is Bookkeeping-as-a-Service (BaaS)?

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BaaS is our cloud-enabled, fully managed bookkeeping solution, offering ongoing or project-based support.

What is included in AP management?

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We process invoices, schedule payments, reconcile ledgers, and forecast cash flow for compliance.

How do you handle AR automation?

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We automate invoice generation, track receivables, and integrate with CRM for real-time updates.

Can you support multi-currency bookkeeping?

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Yes, we manage multi-currency transactions for MNEs, ensuring accurate reporting and compliance.

What tools do you integrate with?

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We seamlessly integrate with QuickBooks, Xero, NetSuite, SAP, Odoo, and Microsoft Dynamics 365.

How do you prepare for audits?

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We maintain audit-ready records, reconcile accounts, and provide documentation for seamless audits.

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