{"id":926,"date":"2023-09-12T11:34:51","date_gmt":"2023-09-12T08:34:51","guid":{"rendered":"https:\/\/bondar.webod.com.ua\/services\/buhgalterskye-uslugy\/buhgalter-dlya-zed\/"},"modified":"2023-09-12T11:51:13","modified_gmt":"2023-09-12T08:51:13","slug":"buhgalter-dlya-zed","status":"publish","type":"page","link":"https:\/\/bondar.net.ua\/en\/services\/buhgalterskye-uslugy\/buhgalter-dlya-zed\/","title":{"rendered":"Foreign trade accounting"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Foreign trade accounting<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In modern conditions, foreign economic activity has become an important element of the economic activity of a large number of enterprises and companies. The opportunity to carry out foreign partnerships is available to various entities, regardless of their type and size.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, in order to enter the international arena, the manager needs to competently organize the accounting of foreign economic activity. Foreign economic activity is quite specific. Peculiarities of transactions, nuances of interpretation of legislation, changes in the details of legal procedures in connection with the adoption of new by-laws make it difficult to maintain accounting records.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Features of accounting for foreign economic activity<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Foreign economic activity involves the interaction of business entities registered in different countries. Such entities carry out various operations: purchase and sale of works, services, goods, provision and receipt of borrowed funds, payment and receipt of dividends, settlements on claims, etc. In foreign trade activities, accounting and tax accounting is maintained by an entity registered in Ukraine in accordance with the law. But at the same time, the specifics of international legal relations and the actual nuances of taxation of export-import operations are taken into account.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Accounting for foreign economic activity has a number of features. First of all it is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lots of additional documents.<\/li>\n\n\n\n<li>Currency calculations.<\/li>\n\n\n\n<li>Special rules for registration and payment of foreign business trips.<\/li>\n\n\n\n<li>Specific procedure for VAT accounting.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Additional VAT reporting forms<\/li>\n\n\n\n<li>Separate accounting, if the company is involved in international legal relations and operates within the country.<\/li>\n\n\n\n<li>Taxation of income that is payments to foreign partners, and reporting on these payments.<\/li>\n\n\n\n<li>The discrepancy between the periods of accounting for export revenues for VAT and for taxation of profits.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">It is obvious that in foreign economic activity it is rational to entrust accounting to professionals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Fines for foreign economic activity<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Mistakes in the implementation of foreign economic operations and accounting can cost a company dearly. Most sanctions apply to violators of currency laws. Civil, administrative and criminal liability is provided for non-compliance with control standards, non-fulfillment, untimely or improper fulfillment of obligations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Typical errors in accounting for foreign economic activity, of course, are cheaper. But no one wants to lose money.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">&nbsp;Accounting services for foreign economic activity include<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Do you want to minimize the risks in accounting and tax accounting for foreign economic activity (import, export)? ICC Bondar offers support for a foreign economic activity accountant:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;organization of accounting;<\/li>\n\n\n\n<li>&nbsp; registration of primary documents;<\/li>\n\n\n\n<li>&nbsp; calculation of taxes;<\/li>\n\n\n\n<li>&nbsp; formation of reports, submission of declarations to the controlling structures;<\/li>\n\n\n\n<li>&nbsp; control of compliance of currency transactions with the current legislation<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Consulting support is also available to the company&#8217;s clients.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The list of main duties that an accountant of foreign economic activity must perform:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;&nbsp;accounting for import\/export;<\/li>\n\n\n\n<li>&nbsp; accounting for goods that are imported;<\/li>\n\n\n\n<li>&nbsp;&nbsp; filling out customs documents;<\/li>\n\n\n\n<li>&nbsp;&nbsp; making payments of customs duties;<\/li>\n\n\n\n<li>&nbsp;&nbsp; carrying out operations for the passage of goods through customs<\/li>\n\n\n\n<li>knowledge, design, maintenance of document management for product support;<\/li>\n\n\n\n<li>work with banks on currency control issues;<\/li>\n\n\n\n<li>registration, accounting for transactions related to the sale, taking into account legislation regarding the taxation of such transactions (correct calculation of VAT, control of the use of VAT exemptions on taxes);<\/li>\n\n\n\n<li>keeping records of fixed assets regarding foreign economic activity;<\/li>\n\n\n\n<li>keeping records of accountable persons (including registration of travel allowances in foreign currency, etc.);<\/li>\n\n\n\n<li>keeping records, control of receivables\/accounts payable with foreign counterparties;<\/li>\n\n\n\n<li>reconciliation of mutual settlements under foreign economic contracts;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;processing of accounting documentation for foreign economic activity (primary).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, the foreign economic activity accountant contacts, corresponds with foreign counterparties. Its functions include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;&nbsp;issuing invoices;<\/li>\n\n\n\n<li>&nbsp; correct reflection of customs declarations in the accounting of the company;<\/li>\n\n\n\n<li>&nbsp; formation of the cost of imported goods, taking into account the conditions of Intercoms;<\/li>\n\n\n\n<li>&nbsp; knowledge of delivery bases (FOB\/CIF\/CIP\/EXW, etc.);<\/li>\n\n\n\n<li>&nbsp; preparation of certificates on the conducted foreign exchange transactions and received proceeds in foreign currency;<\/li>\n\n\n\n<li>&nbsp; implementation of currency control;<\/li>\n\n\n\n<li>&nbsp; closing of reporting periods for foreign economic activity accounting<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>As a result of our work<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Accounting for foreign economic activity (import, export) complies with regulatory requirements, is carried out continuously with the implementation of all necessary postings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your company fulfills the obligations of the taxpayer<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You optimize the cost of accounting and save on the staffing of a specialized specialist.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Stages of cooperation<\/strong><strong>:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;&nbsp;&nbsp;&nbsp;We discuss the terms of cooperation.<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;We select the optimal scheme for supporting foreign economic activity.<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;Implementing current features.<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;We provide you with progress reports.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Job Benefits with the ICC Bondar in the conduct of foreign economic activity<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Accounting for foreign economic activity with ICC Bondar is rational, efficient, profitable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We work with importers-exporters of all organizational and legal forms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our foreign trade experts are always in touch.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Competent organization and record keeping allow avoiding additional costs (due to delays at customs, violation of the deadlines for submitting documents to the tax office, incorrect calculation of taxes, etc.).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The cost of accounting services for foreign economic activity<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">for each client is set individually and depends on the number of export-import operations, the specifics of the enterprise, the selected list of services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign trade accounting In modern conditions, foreign economic activity has become an important element of the economic activity of a large number of enterprises and companies. The opportunity to carry out foreign partnerships is available to various entities, regardless of their type and size. However, in order to enter the international arena, the manager needs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":869,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-parts\/template-service-page.php","meta":{"footnotes":""},"class_list":["post-926","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/926\/"}],"collection":[{"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/"}],"about":[{"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/types\/page\/"}],"author":[{"embeddable":true,"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/users\/1\/"}],"replies":[{"embeddable":true,"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/comments\/?post=926"}],"version-history":[{"count":2,"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/926\/revisions\/"}],"predecessor-version":[{"id":930,"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/926\/revisions\/930\/"}],"up":[{"embeddable":true,"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/869\/"}],"wp:attachment":[{"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/media\/?parent=926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}