A totals and balances list provides a list of all accounts posted within a selected period. It thus includes all accounts with opening and closing balances and account movements.
Read MoreApply 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.
Read MoreGoBD: Invoicing according to rules
Rules and regulations such as the GoBD sometimes make even invoicing a challenge. Accounting software can help
Read MoreGoBD: How to process an incoming invoice correctly
Rules and regulations such as the GoBD even make the recording of incoming
Read MoreDATEV format: Data transmission via DATEV
In this article, we have already explained why DATEV exists as a company and what it offers. This time, however, we want to take a closer look at their services. That's why we're talking about the DATEV format.
Read MoreAccounting 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.
Read MoreWho is behind DATEV?
Anyone who has never actually had anything to do with DATEV will at least have come across the green and white logo. But when it comes to accounting at the latest, you can no longer avoid the software provider.
Read MoreUnderstanding accounting: BWA explained
For many managing directors, the business analysis - BWA for short - is either a necessary evil or even a mystery. However, it can be a great help in company management and can be easily utilised with the right system.
Read MoreAccounting 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.
Read MoreStandard still trendy
Standard software is still the trend. This is shown by the Trovarit study ERP in Practice. The superficial reasons given for this are mostly the low project risk and the smaller costs. However, this is not always automatically guaranteed.
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