Small Business Regulation

April 14, 2020


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Accounting service Kaniber from Germering, informed the bookkeeping and accounting take a tremendous value in a company. Not only that assessing his gains and losses to the IRS about the accounting and understandably occupied and therefore determines its tax burden, the books provide information about the value of the company directly. Depending on the size of the company, the accounting requirements increase at the same time. The law differentiates between this company forms. The single-entry bookkeeping is intended for small business owners. This is allowed but only for companies that are not subject to accounting. Western Union may find this interesting as well. Information about the accounting for small business bookkeeping service Kaniber from Germering.

Scheme for small enterprises non-traders and professionals are not subject to accounting, therefore they may apply the small businesses scheme of simple accounting. Prerequisite is that the business processes and business relationships are manageable. Also the small businesses ruling applies only if the company not in the commercial register is registered and does not exceed the annual turnover of 500,000 euros or win a prize of 50,000 euros in the financial year. Simplified accounting for a small business can be done following Konteneinteilung this form of simple accounting provides at least a journal in which all operating revenue and expenditure stating the type of register receipts/expenditures. Adjusted revenues, fees, commissions, etc.

must be recorded. Issues such as purchases, personnel costs, Office and administration costs, etc. must be documented. Evaluation of simple accounting is spending by the so-called revenue-surplus calculation. This means that the operating revenues and expenditures are compared and so the company’s profit is determined. For detailed information about the simple accounting of the accounting service is Kaniber from Germering, at any time of the Available. Press contact accounting service Kaniber contact person: Michaela Kaniber of Munich str. 14 82110 Germering phone: 089 855063 mobile: 0170 9228574 fax: 089 855064 E-Mail: website: