Annual Accounting Closing

 

Statutory Financial Reporting Services.

  • Inventory of assets and liabilities, app. art. 28 of the Accounting Act;
  • Valuation of available Fixed-Assets, Material stocks, receivables and liabilities in currency;
  • Verification of obligations for the expiration of the three-year or five-year matriculation exams from the moment the obligation became due (Article 46 CITA);
  • Review of legal documentation of income and expenses;
  • Assessment of taxes on representational and social expenses;
  • Accrual of expenses for provisions (unused vacations, etc.);
  • Checking temporary differences from current and previous years;
  • Tax conversion of profit;
  • Preparation of depreciation plan;

 

 

  • ATEYA-M Professional Accountant Plovdiv
  • Tax Accounting Schetovodstvo Plovdiv
  • ATEYA-M Professional Accountant Plovdiv
  • Determination of advance payments for corporate tax when net sales revenues for the year before the previous one are in the range from BGN 300,000.01 to BGN 3,000,000. the company is obliged to make quarterly installments for net sales revenues over BGN 3,000,000 the company has an obligation for monthly contributions based on estimated taxable profit for the current year. The amount and frequency are declared in the Income Tax Return;
  • Preparation of an accounting policy for the next calendar year;