Tilinhoitoihin

Tilinhoitoihin is a Finnish term that denotes the ongoing management and administration of financial accounts and records within an organization. It encompasses the processes required to keep account ledgers accurate, up to date, and compliant with applicable rules. The term is widely used in corporate and public-sector accounting, as well as by outsourced bookkeeping providers.

Core tilinhoitoihin activities include recording income and expenses, posting payments and receipts, reconciling bank statements, handling invoices and payroll entries, posting adjustments, and supporting the preparation of preliminary financial reports. The work can be performed by in-house accountants, external bookkeepers, or specialized outsourcing firms, depending on organizational needs.

Tilinhoitoihin intersects with kirjanpito (bookkeeping) and tilinpäätös (financial statements); the former focuses on the ongoing data entry and maintenance, while the latter concerns annual or interim reporting. In Finland, tilinhoitoihin is conducted in compliance with general accounting principles, the accounting act, and, for regulated entities, supervision by authorities such as the Financial Supervisory Authority. Internal controls and audits support accuracy and reliability.

Etymology: tili means account; hoito means care or management; the illative suffix -iin signals direction toward the activity, hence “toward account management.” The phrase encapsulates the routine care of an organization's financial records.

See also: Kirjanpito; Tilinpäätös; Pankkitoiminta.