Our DFY accounting management service is not a single, one-off deliverable; we offer over 15 solutions under this single service at one price. We believe our clients shouldn’t have to wander between companies for different needs, they should be able to focus on business growth instead of juggling complex financial duties.

Statutory Bookkeeping: FMC Group’s accounting partner fulfills all statutory bookkeeping obligations according to local legal requirements. We manage the bookkeeping function through authorized CPA partners, as required by the Turkish regulations. All legally mandated accounting records are kept complying with the Turkish Commercial Code and tax regulations. Our experts handle all of this using accounting software standard in Türkiye.

General Ledger Maintenance: Our core priority in handling the ledger is compliance. We categorize every financial transaction properly: income, expenses, assets, and liabilities. The CPA partner ensures that all entries are documented accurately and systematically.

Accounts Payable: We review incoming supplier invoices and track their records according to all legal and company requirements. FMC oversees proper invoice approval, observing that no liabilities are recorded in the accounting system without legitimacy.

Accounts Receivable: Outgoing invoices are recorded. Accounts receivable balances are updated monthly to provide clear visibility. This structured tracking enables companies to follow their receivables and maintain accurate financial records.

Fixed Asset Register: The CPAs maintain a legally compliant fixed asset register and documents all company assets subject to capitalization. We care about acquisition values, asset movements, and depreciation in accordance with Turkish tax legislation.

Tax Return Filing: Our partner, authorized CPAs, prepares all required tax declarations and files them on time. These filings include monthly or quarterly withholding tax declarations, monthly VAT returns, quarterly prepaid corporate income tax returns, the annual statement of accounts, and the annual corporate income tax return.

Payroll Processing: Payroll accounting is managed in accordance with Turkish labor and social security laws. FMC coordinates the preparation of payroll calculations, which include wages, tax deductions, and social insurance contributions. All payroll entries are booked properly in the accounting system. Our experts ensure accurate financial records and regulatory compliance.

Social Security (SGK) Declarations: Our social security partner professionals submit all employee declarations to the Turkish Social Security Institution (SGK). This includes reporting employment details and calculating social insurance contributions. FMC helps foreign subsidiaries avoid regulatory risks and ensures full compliance.

Financial Reporting: FMC prepares financial reports based on statutory bookkeeping data. Standard bookkeeping reports include income statements and balance sheets in line with local GAAP requirements. We submit them quarterly (or monthly if required) in English or German. In addition to statutory reports, senior consultants adapt and extend reporting formats to align with the internal shareholders’ requirements or international consolidation reports.

IFRS / US GAAP Reporting: We can prepare or adjust financial reports according to IFRS or US GAAP whenever required. We can also align reports with other international accounting standards. FMC ensures that differences between Turkish local GAAP and international reporting standards are presented transparently. Our approach allows foreign headquarters to reconcile local financial data with group reporting frameworks efficiently.

Consolidation Reporting: For corporate groups, FMC prepares quarterly consolidation packages and year-end financial reports. We ensure alignment with holding-level requirements. Our prepared financial reports integrate smoothly into group-wide financial systems and facilitate consolidated financial analysis at the parent-company level.

Cash Flow Planning: FMC provides structured cash management and financial planning support. All approved invoices are registered in a payment plan, which allows our clients to maintain systematic liquidity control. Cash flow planning includes reviewing financial obligations, monitoring upcoming liabilities, and organizing weekly payment execution schedules.

Payment Execution: FMC coordinates the weekly execution of payments, including supplier settlements, wage payments, and tax and social security contributions, so nothing is missed. Payments are processed via online banking systems or formal payment instructions.

Bank Communication: Our financial experts manage communications with banks on behalf of the company. FMC coordinates payment processing, banking documentation, and financial transactions to ensure smooth operational execution.

Budgeting & Controlling: A dedicated FMC consultant oversees financial planning and controlling activities. This includes reviewing invoices for proper approval, monitoring expenses in line with company policies, and supporting financial planning processes. Senior consultants conduct general controlling and validate payment instructions prior to execution.

Audit Support & Validation: FMC supports clients during audits by providing reporting assistance and financial clarifications as required. Senior-level supervisors properly document and verify all financial data and payment processes.