FAQ topic: Accounting in Germany

Information and tips for the implementation of the One-Stop-Shop (OSS) procedure in the Accounting Department.

Anyone who wants to make large transfers abroad, actually always deals with the resulting costs and different providers. What most people do not think…

EÜR or P&L, single or double-entry bookkeeping, issue offers and invoices correctly. Want to learn more about accounting and have no idea where to…

EÜR or P&L, simple or double-entry bookkeeping, issue quotations, and invoices correctly. Want to learn more about accounting and have no idea where to…

Open items – What are open items? In accounting, open items are receivables or payables that have not yet been cleared. Open items can…

Yes, there is a way to request a reduction in quarterly pre-payments due to a bad economic situation. In Germany, this process is called…

Definition of operating expenses: Operating expenses are expenses that are caused by the operation. You reduce the profit and thus save taxes. However, certain…

What is considered a private contribution? There are two basic types of private deposits:

The most sensible invoice number is a consecutive numerical invoice number to keep track of the invoices in the outgoing ledger. You can find…

For reporting companies in Germany, the submission of the E-Balance Sheet is mandatory. For the tax office, this means a simplified plausibility check and…