Accounting (partnership and capital company), what is it?

All businesses and professionals are required by law to keep accounting records. The obligation to keep accounts may derive from the rules of the civil code or from tax laws.

In many cases, an incorrect bookkeeping is a source for the taxpayer, the recipient of the obligation of very serious penalties, with repercussions also on a particularly complex method of ascertaining income which is the inductive assessment.

Although the processing of accounting data can also be delegated to third parties, the entrepreneur or the professional, he always remains responsible for both the accounting information he has transmitted and that which he has not transmitted.

The ordinary accounting service includes the processing, computerized and otherwise, of the accounting data relating to the company, in order to fulfill the obligations of keeping the accounting records pursuant to art. 2214-2220 of the Italian Civil Code, as well as the provisions laid down in the matter of keeping accounting records by Presidential Decree 600/73, art. 13-22 and the provisions dictated by Presidential Decree 633/72 on the subject of Value Added Tax art. 21-27, with monthly or quarterly VAT payment.

The subject of the ordinary accounting service is:

  • accounting records of purchase, sale and consideration invoices,
  • the records of the accounting movements as detected by the first note provided by the customer,
  • the processing of periodic monthly or quarterly VAT payments,
  • the preparation and sending to the customer of the Model F24 for the payment of periodic VAT,
  • the accounting of final inventories provided by the customer,
  • the preparation of the settlement and closing records,
  • the processing of accounting data for the formation of the final accounting situation,
  • the management of the printouts of the accounting registers also in electronic format:
    a) of the journal,
    b) of the inventory book,
    c) of the VAT purchase register,
    d) of the VAT sales register,
    e) of the depreciable assets register,
  • the preparation of the certification of the remuneration paid to third parties, subject to withholding tax,
  • the electronic transmission of periodic VAT settlements,
  • the processing and telematic transmission of the spesometro,
  • the electronic processing and transmission, if required, of Intrastat reports,
  • the electronic processing and transmission, if required, of the declarations of intent,
  • ordinary accounting assistance
 

Requirements

 

Bookkeeping and accounting assistance is provided to both individual and professional firms as well as partnerships and corporations.

 

 

Accounting (partnerships and capital companies): how to get it?

 

In PWS we will be able to administer your accounting, informing you of the deadlines and providing all the necessary communications with the Revenue Agency and other administrations involved in the accounting processes.