Inventory and fixed assets accounting in Poland
Progress Holding is your strategic local finance department in Poland, ensuring complete transparency of assets and the accuracy of financial reporting for international companies. We integrate into the financial processes of your headquarters, providing CFOs, controllers, and auditors with accurate information about the fixed assets and inventory of your Polish subsidiary.
Over 22 years of operation, we have become a trusted financial partner for dozens of international corporations. We understand that for a CFO in Berlin, Amsterdam, or New York, it is critical to see an accurate picture of the Polish representative office’s assets. That is precisely why we take over the entire accounting cycle — from physical inventory to the preparation of reports according to international standards.
We speak your language: we provide full support in English, Polish, Ukrainian, and Russian.
What is included in the “Inventory and Fixed Assets Accounting” service
We fully control the process — from the initial physical inventory to the preparation of reports for the headquarters. You pay for a concrete result:
For the fixed assets register (Ewidencja środków trwałych):
- Creating and maintaining the register with unique identification data (inventory number, name, model, serial number)
- Accounting for acquisition costs (purchase price + delivery, installation, assembly)
- Professional depreciation calculation according to Polish tax and accounting standards
- Tracking useful life and notification of the need for write-off or modernization
- Tracking technical condition, repairs, and upgrades affecting value
- Preparing transparent reporting for CFOs and controllers in a format compatible with your internal standards
For inventory accounting:
- Maintaining inventory records: systematizing information on inventory, its movement, and balances
- Organizing and supervising periodic physical inventories, identifying discrepancies
- Inventory valuation in accordance with Polish accounting standards
- Providing the headquarters with accurate information on the status and value of inventory
The cost is transparent and depends on the volume of assets and inventory. No hidden fees.
22 years of expertise at the service of your business
Progress Holding is your local finance department in Poland with unique experience working with international companies and foreign entrepreneurs.
- 4 languages of support: English, Polish, Ukrainian, Russian
- 22 years on the market: we know what reporting standards and data formats CFOs and controllers at your headquarters require
- Integration with headquarters: transparent information about the assets of the Polish subsidiary in a format compatible with your internal systems
- Representation of your interests: we personally interact with Polish tax authorities and auditors on your behalf
- Strict deadline control: accurate asset accounting is critical for period closing and financial reporting preparation
- Clear explanations: Polish depreciation and asset accounting rules without professional jargon
- Dedicated specialist: an assigned expert who knows your entire business history
- Understanding foreigners’ needs: you feel just as confident as local entrepreneurs
Chaos in asset accounting means direct financial losses and audit problems!
Incorrect accounting of fixed assets and inventory in Poland is not just “paperwork.” It is a real threat to your business:
- Errors in depreciation calculations: underestimation or overestimation of the tax base, leading to fines from the Tax Office
- Audit issues: auditors identify discrepancies, require recalculation, and assess additional taxes
- Distortion of financial reporting for headquarters: the CFO receives unreliable data, leading to erroneous management decisions
- Risk of losses and theft in the warehouse: lack of systematic accounting makes inventory control impossible
- Inability to accurately assess asset value: problems when selling the business, attracting investments, or obtaining loans
- Reputational losses: international partners and investors lose trust in a company with chaotic accounting
Entrust the work to professionals who know the local specifics inside out and have years of experience working specifically with foreign clients.
Contact us — and get a transparent accounting system
We will promptly assess the volume of your assets and inventory, calculate the cost, and take the entire accounting system off your hands — so you can calmly and legally grow your business in Poland, knowing that your assets are under reliable control.
Consultation in English, Polish, Ukrainian, or Russian.