Category: Accounting

  • Advance invoice – when and how to issue it?


    Find out what an advance invoice is and how to issue a final invoice for it.

  • Depreciation of fixed assets


    Learn about the Fixed Asset Classification. Find out what depreciation costs are and which method of deduction will be most beneficial for you.

  • What is a correcting invoice?


    In what situations can a correction invoice be issued and what elements should it contain?

  • Revenue and expense ledger (P&L)


    Revenue and Expense Ledger (P&L) is a record kept for tax purposes. What elements must it contain and who is required to maintain it?

  • Types of business invoices


    The VAT invoice is the most common type of invoice in the business cycle. What other invoices to issue or receive?

  • Duplicate invoice – what is it and how to issue it?


    A lost invoice or a damaged invoice are situations when you can ask for a duplicate. Are there other cases when you can ask for it? What should it look like and does it affect the due date?

  • What is a simplified invoice and what does it look like?


    A simplified invoice differs from a VAT invoice in that it may contain less information. Who can issue a simplified invoice and when? What information should such an invoice contain?

  • Tax residency certificate – what is it and how to get it?


    Find out what a tax residency certificate is and what data it should contain. Does every company have to have such a certificate?

  • Verification of the contractor for VAT purposes


    When running a business, it’s worth being careful about who you work with. Find out how and where to check current and potential domestic and foreign contractors.

  • Contraption. What is it and how to account for it?


    A discount is a rebate offered to contractors for early payment of their obligations. Learn more – what are the benefits of the discount and how to account for them.