Full and simplified accounting
Every business must ensure the handling of accounting operations. In principle, any company can maintain full accounting. However, for micro and small businesses, simplified accounting is much more convenient as it requires creating significantly fewer documents. Accounting operations and settlements are based on the PKPiR (Tax Revenue and Expense Ledger), lump-sum tax on recorded revenues, or the tax card.
Choosing full accounting requires keeping a general ledger, auxiliary books, a list of assets and liabilities, and a summary of turnovers and balances. Handling full accounting requires extensive knowledge, significant effort, and appropriate software. Full accounting also necessitates the development of an accounting policy. With detailed records of all business operations, full accounting allows for quick and accurate financial control of the company. It can be used by both internal and external control bodies for effective financial monitoring