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Financial statements are among the most important reports of a business entity. They are prepared at the end of each fiscal year or to close the books of account. The report has a strictly defined form. It has to be prepared carefully and accurately so that the person checking it Read More

In leasing, one party to the contract (the lessor) gives the other party (the lessee) the use of a specific item in exchange for fixed installment payments for a contractually agreed-upon leasing period. This is a good solution for entrepreneurs because it is not necessary to have an adequate (and Read More

Persons working on the basis of civil law contracts, i.e. on the basis of a contract of mandate or contract for specific work, are obliged to settle the tax with the tax office no later than 30 April 2021. Settlement should be carried out in accordance with strictly defined rules, Read More

Every company has different types of assets. These include, for example, equipment, facilities, machinery, premises, buildings, cash or means of transport. All these (and other) resources are divided into two groups: assets and liabilities. Read the article to the end to find out what assets and liabilities are. Assets Assets Read More

In the field of finance the terms “accounting” and “bookkeeping” are present. And although in a colloquial sense they mean the same thing and are treated as synonyms, in fact one cannot put an equal sign between them. These terms are used to describe, for example, companies that deal with Read More

Running a business involves, among other things, accounting for taxes. Owners of small and medium-sized enterprises must decide on the type of accounting in their company. You can choose between full and simplified accounting. Large companies, according to the law, must keep full accounting. Read the article to the end Read More

Running a business involves, among other things, accounting for taxes. Owners of small and medium-sized enterprises must decide on the type of accounting in their company. You can choose between full and simplified accounting. Large companies, according to the law, must keep full accounting. Read the article to the end Read More

Invoicing, first of all, is one of the basic accounting duties in a company. For this reason, invoicing software makes the entrepreneur’s everyday life easier and is a solution that more and more entrepreneurs are using. This tool is dedicated to self-employed people, small companies, as well as companies providing Read More

The tools that are on the Internet provide more and more opportunities in more and more professions in different fields. Online accounting is gradually gaining more popularity because of the convenience of the solution and the speed of operation. This way you can also avoid the complications associated with using Read More

The specification of your business sometimes involves the marking of your own goods or services.A trademark serves this function. Its functions also include building the company’s image and brand recognition. A business owner who decides to protect its own trademark is required to pay a fee during its registration. Once Read More