Annual accounts: what they are and how they are filed
If you are a business owner, have a company, and are involved in business management, you will know that the financial year does not end…
Category
Accounting
14 articles
Invoices and receipts: how do they differ?
Although at first glance they may seem similar, issuing an invoice is not the same as issuing a receipt. In fact, if you carry out…
What is a company's shareholders' equity?
Every company needs to know the resources it has available for its own organization. In other words, to make the soundest financial decisions. It must…
A company's liquidity: what it is and how it is calculated.
There are several ratios and formulas that help in understanding how businesses are performing, their viability, and their financial health. One of those indicators is…
Electronic invoicing: this is the timeline for the new obligations.
Self-employed workers will have one more year, specifically until 2026, to adapt to the electronic invoicing system, the final phase of which will be reporting…
How long must a company keep its documentation?
In running a business, it is essential to be clear about how long any type of company documentation (books, invoices, accounts, minutes, contracts…) must be…
When does electronic invoicing become mandatory?
Electronic invoicing is simply the digitalization of the invoices that companies or self-employed workers issue to be paid for the goods supplied or services rendered.…
What is a delivery note and how do you prepare one? Difference between a delivery note and an invoice
A delivery note (albarán) is a commercial document that details and evidences the delivery and receipt of an order or the performance of a service…
Self-employed workers will be able to deduct meals with clients.
Self-employed workers can now deduct the cost of business meals with their clients. The Supreme Court has established case law with judgment 458/2021, on one…
Penalties for failure to file annual accounts
All commercial companies are required to file their annual accounts with the Commercial Registry within one month of their approval by the shareholders' general meeting…