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Showing posts from July, 2017

Change of pace for RIF’s taxpayers

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DEDICATED TO RIF taxpayers ... From this year's 2014 taxpayer friend reforms, we have to change our way of carrying our business controls, if it is already, it is very difficult, more not impossible, what I mean by this ? ... Rise school is Best School of Accountancy in Lahore.CA admissions in Lahore now open. The best School of Accountancy in Pakistan offers CA in Lahore and Best CA in Pakistan .Well, let's change the mental chip of, FIRST, we do not need an accountant, it is fundamental in this year, to count on the services of an accountant, the person qualified to carry the accounts of his business, however small it may be , He will be able to guide you in the best way to carry out the necessary procedures and controls so that your business generates clear, correct information and you will see, SECOND, in the case of small businesses (formerly REPECOS) of the RIFs now, How they were doing things, request receipts that meet the fiscal requirements (cedi) of their exp...

How to deduct VAT from simplified invoices

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So, if they do not serve this purpose, does it mean that the company will never be able to deduct that VAT from the simplified invoices, with the corresponding economic loss that this entails? There is a solution: manage a recapitulation invoice. When a professional or a company detects tics that would be of interest to you, you can ask the issuing institution to make a summary invoice that collects all the corresponding tickets and to replace those tickets or simplified invoices, as stated in articles 6 and 7 Of Royal Decree 1619/2012 approved by the Pakistan government. To perform this management, you must first group the selected tickets to be scanned or photocopied. We will proceed to send them to the supplier by email or by ordinary mail, or we will go to your establishment to give them to you and ask you to make us the substitute recapitulation invoice. Finally, we get our invoice with all the necessary data, which we can use for self-assessment of VAT. This process ca...

Simplified invoices and VAT: Deductible or not?

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First, we must differentiate the two types of invoices that we can find:     Simplified invoice     Full invoice The simplified invoice, which replaces the concept of ticket, is a less specific document than the complete invoice, since it omits certain data. You can consult the regulation of the Spanish Tax Agency to know what data should appear in each type of invoice. It is issued only in certain circumstances, for example, in transactions with a value of less than EUR 400, as an amending invoice, or in trades where tickets have been traditionally allowed to be replaced by invoices, provided that they are not exceeded. 3,000 euros (retail, motorways and tolls, hotel and catering services, transport of people and their luggage, sales or services at the consumer's home, etc.). One of the main differences between simplified invoices and complete invoices is that the buyer is not identified (no name or company name, VAT number, address)...

Accounting software, Winconta Financials

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Keeping company accounting is one of the most important and difficult tasks to do. It is an activity that must be kept up to date, since a small failure could mean losing months of work. Many companies choose to do these tasks using traditional methods, that is to say, to have employees specialized in accounting that carry out the management of this one. While others prefer to hire software that is capable of generating all the services offered by an accountant. There are a lot of accounting software within the range that is offered, but few are as current and work as well as Winconta Financials. This software serves to systematize, mechanize and simplify as much as possible the daily work of the accounting and financial management of the company. After inserting the correct information, the accounting software records and processes this information. Thanks to its different modules, you can perform accounting tasks in a simpler and faster way. Winconta Financials, wi...

They present electronic invoicing figures in 2014

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2014 is going away and like all the years that they leave, it had its ups and downs. Many topics that seemed to be unknown became something of a transcendence for many of us, we learned new things and others were in the past, as in the case of printed invoicing, which from now on will only be a story that we will tell our grandchildren, who will be completely accustomed to electronic billing. That is, as the generation that saw the internet flourish, all those who had to get accustomed to the electronic bill today we still see it as something a little foreign, which for some was salvation and for others it was a headache, They were not even familiar with computers and had to be friends to be able to check in without delay. However we have not all fully understood what this new way of invoicing is and in the first few days of next year we will have to get accustomed to electronic accounting as well. Despite the fact that in 2013 this new administrative system was announced, many p...