Switch Your Bookkeeping to Asticrest

  • Looking to change your bookkeeping provider in Cyprus? Asticrest helps businesses organise the handover, review available records and establish an agreed bookkeeping routine. We discuss your current position, the documents needed and the scope and fee before starting.
  • We provide bookkeeping for Cyprus registered companies and clients located in Cyprus from our Limassol office.

How the bookkeeping handover works

  • Discuss your requirements: tell us about your business, current provider, transaction volume and preferred handover date.
  • Agree scope and fees: we review the records available and agree the period, responsibilities and fee before starting.
  • Arrange authorised transfer of records: provide the existing records or authorise contact with your previous provider to request the agreed information.
  • Review opening balances and begin bookkeeping: we review the starting records, identify missing information and establish the ongoing bookkeeping routine.

Records to prepare

  • Bookkeeping exports or the existing ledger, latest trial balance and opening balances.
  • Bank statements, payment records and completed bank reconciliations.
  • Outstanding customer and supplier balances and their supporting invoices.
  • Sales invoices, supplier invoices, expense receipts and other relevant supporting records.
  • Details of outstanding queries, unrecorded transactions and periods requiring further work.
  • We identify which records are needed for your business and raise queries where information is missing.

Questions about switching bookkeepers

Can I switch during the year?

  • Yes, you can discuss a bookkeeping handover at any point in the year. The practical starting date depends on the records available, access to the existing ledger and the periods already completed. We agree a suitable handover date before starting.

Can you contact my previous provider?

  • With your permission, we can contact your previous provider to request the agreed bookkeeping records and clarify handover questions. We agree what information is needed and how it will be transferred.

What if my records are incomplete?

  • We review the records available, identify gaps and discuss any earlier periods that need attention. Catch-up Bookkeeping can be assessed and agreed separately before ongoing work begins.

How are handover fees agreed?

  • We consider the records available, the period to be transferred and any review or catch-up work required. We agree the handover scope and fee, together with the ongoing bookkeeping arrangements, before starting.

Agree responsibilities for other services

  • Changing your bookkeeping provider does not automatically transfer responsibility for tax returns, statutory accounts or audit work. Confirm who will prepare, check and submit each item under a separate agreed engagement.
  • We agree how bookkeeping information will be made available to you and, where relevant, to your accountant or auditor.

Related bookkeeping services

Discuss a switch to Asticrest

  • Contact Asticrest with a short description of your business, current records and preferred handover date. We will discuss the scope and fee before work begins.