Accounting for startups
21 Feb

Accounting for startups

It all starts with an outstanding idea and/or a unique selling point that promises big profits. Once the start-up has been founded, the focus is then on acquiring customers, refining the business model and generating revenue. However, what sustains all these activities and ultimately determines success or failure are the finances.
In order to keep these under control as a founder, you need organised accounting for start-ups.

Read More
Apply the final calculation correctly
10 July

Apply the final calculation correctly

nustries such as plant engineering or the construction industry generally provide contractually agreed services over a longer period of time. The client is often issued with partial and instalment invoices. The final costs are then settled with the final invoice. This final document settles all outstanding claims for a project, taking into account the instalments already paid. A final invoice therefore requires that partial invoices or invoices on account have previously been issued.

Read More
What IT companies should consider when converting VAT
23 June

What IT companies should consider when converting VAT

The fact that the upcoming VAT changeover will not be as easy for companies as it has been announced should have quickly become clear to every entrepreneur. As an IT company ourselves in the broadest sense and with many customers from the IT sector, we naturally deal a lot with this topic

Read More
German Association of Tax Consultants reacts to reduction of VAT rates
17 June

German Association of Tax Consultants reacts to reduction of VAT rates

In a lengthy statement, the German Association of Tax Consultants has commented on the temporary reduction in VAT rates. The content of the text makes it clear that, according to the tax consultants, the change in VAT is (literally) a "bureaucratic super-GAU".

Read More
GoBD 2020 for archiving receipts
3 June

GoBD 2020 for archiving receipts

The GoBD, especially the archiving of documents, has already undergone some changes since January 2020. The principles for the orderly keeping and storage of books, records and documents in electronic form and for data access have been simplified in some areas for companies. We try to provide an overview.

Read More