28 June

Apply partial invoices and partial invoices correctly

There are small but significant differences between an invoice on account and a partial invoice. Companies must therefore be careful when handling these invoice types. This affects industries such as plant engineering and construction in particular. It's good to have software to help with this.

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16 Nov

Accounting explained: Sales tax pre-registration

Every business in Germany is subject to VAT. This means that it must pay the tax levied on sales to the tax office. At the same time, a company receives a VAT refund for the amount paid on purchases (input tax). In this way, VAT becomes a transitory item. The tax office wants to be informed regularly by the companies. This is done by means of the VAT advance return.

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15 may

Accounting explained: Chart of accounts

Chart of accounts - a term that you often stumble across in accounting. The abbreviations SKR 03 and SKR 04, which are commonly used in jargon, come up from time to time when searching for a system - the abbreviations stand for "standard chart of accounts" and thus describe the most common variants.

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