{"id":963,"date":"2023-09-12T21:35:12","date_gmt":"2023-09-12T18:35:12","guid":{"rendered":"https:\/\/bondar.webod.com.ua\/services\/buhgalterskye-uslugy\/zdacha-zvitnosti\/"},"modified":"2023-09-12T21:37:30","modified_gmt":"2023-09-12T18:37:30","slug":"zdacha-zvitnosti","status":"publish","type":"page","link":"https:\/\/bondar.net.ua\/en\/services\/buhgalterskye-uslugy\/zdacha-zvitnosti\/","title":{"rendered":"Submission of reports"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Submission of financial statements<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The preparation and submission of financial statements is the most important part of the duties of any accountant, which must be carried out periodically in the prescribed form and within the time limits prescribed by law. It is based on company accounting data. By law, the submission of financial statements is an indispensable condition for the functioning of registered organizations, whether it is the financial statements of LLC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Accounting reporting is also necessary to assess business development, sound planning and adjustment of the current strategy. Within an enterprise, this is usually the direct responsibility of the firm&#8217;s accounting department. If the company does not have its own accounting department, the accounting functions are delegated to third-party specialists. This solution is optimal in terms of efficiency and error-free operation of the organization. Similarly, the outsourced financial reporting of sole proprietorship will become a completely justified option for conducting the accounting of a private entrepreneur.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Preparation and submission of reports<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Before compiling and submitting reports, the specialist conducts preparatory work. It usually includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;checking the availability and correctness of filling in primary documents for the reporting period of interest;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;reconciliation of account balances;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;notification of the customer about the amounts of taxes that must be paid, and the timing.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Only after that, all the necessary reporting is generated for sending to the regulatory authority.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Assistance in the preparation of financial statements<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Assistance in filing reports may be required in the absence of full-time accounting, a small number of transactions, or in other cases. It is important to understand that it is necessary to submit all reports even if economic activity is not currently being carried out.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ICC Bondar has been providing services for the preparation of financial statements by enterprises since 2007. It offers each client professionalism, literacy, an individual approach, and flexible prices. Competent specialists in the field of accounting, taxation and law work here.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Benefits of accounting for professionals ICC Bondar:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;&nbsp;timely reporting documentation;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;submitting it to the tax office and other authorities;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;avoiding errors and inaccuracies, as a result, penalties;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;reducing the cost of preparing financial statements.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">By delegating accounting services to professionals, LLC&nbsp; wins on several points at once. Firstly, it is the correct preparation of financial statements in the current period, which will close all frontier issues with tax authorities and other structures in time. Secondly, this is a useful reserve for the future &#8211; further work will become a logical and harmonious continuation of previously submitted documents. Thirdly, this is a huge time saving and minimization of errors in filling out accounting papers, which often appear due to ignorance of small, but extremely important details and conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finally, well-written financial statements are a clear visual representation of the full picture of the current financial situation at the enterprise.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Submission of zero reporting<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Within the framework of accounting services, the company ICC&nbsp; Bondar provides a service &#8211; the delivery of zero reporting. There is an erroneous opinion: if an organization does not conduct any activity, then it should not submit reports to regulatory authorities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it is not. An organization becomes a participant in tax legal relations from the moment of its state registration, thus acquiring all the rights and obligations of a taxpayer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reporting takes place regardless of whether financial and economic activities are carried out or not, whether there are movements on the current account and cash desk or not, whether salaries are accrued to employees or not, whether contracts are concluded or not.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the economic activity of the organization was not carried out, and there is no tax base, the organization needs to generate and submit zero reporting to the tax office, Pension Fund, Social Insurance Fund, statistical authorities and other regulatory authorities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Of course, the preparation and submission of even zero financial reporting raises a lot of questions. However, in the absence of real activity, hiring a full-time accountant is impractical. Therefore, there are two reporting options:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Prepare it yourself (to do this, you need to study the instructions for filling out all reporting forms, find valid declaration forms, purchase a reporting program, upload declaration files to electronic media) and submit zero reporting to regulatory authorities.<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;Or contact us, and on the same day we will form the entire necessary package of zero reporting and, at your request, we will provide it to the relevant regulatory authorities.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Tax Code of Ukraine (Article 49.2), an enterprise that temporarily does not carry out financial and economic activities must still submit tax, accounting and statistical reports to regulatory authorities. A limited liability company (LLC) is obliged to report to the state on the state of the balance from the moment of registration until the official closing. For situations when an enterprise ceases to be active, but still appears in the USREOU, zero reporting of LLC is provided<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zero reporting of an LLC is relevant for situations where the company has recently been registered and does not yet have financial and economic indicators, as well as in case of seasonal passivity, when there is no turnover and provision of services as an indicator. Submission of zero reporting is also necessary during the liquidation of the enterprise, because the process of closing an LLC is a multi-stage procedure, and it is necessary to submit reports on the state of commercial activity in any case.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What is included in the zero reporting of LLC?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The general list of reports submitted as part of zero reporting may have a different composition, depending on the tax system and form of ownership.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An LLC on the general taxation system submits declarations for VAT, personal income tax, property tax, a single contribution to social insurance and a military contribution to the control authorities. Accounting reports are mostly annual in format, while VAT is due quarterly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp; Individual entrepreneur on a simplified system submit 1-7 documents, including quarterly annual reports of the 1st and 2nd groups, as well as a zero refund of the single tax for the 3rd group. The cost of support services depends on the number of submitted reports and the type of enterprise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Penalties are provided for late submission of reports, both for LLC and for private intrepreneur( PE)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>To prepare a zero reporting, you must provide:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;copies of the founding documents of your company,<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;copies of all documents on registration with the tax office, pension and social insurance authorities,<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;passport data, identification code of the head and chief accountant (if any), data on open settlement accounts,<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;latest reports.<\/li>\n\n\n\n<li>The basic list of accounting activities includes:<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;submission of financial statements to the tax and other authorities;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;receipt of primary accounting documents of the customer organization: invoices, bank statements, advance reports, invoices, etc.;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;computer data processing, preparation of forms of tax and accounting reports;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;verification of primary accounting documentation for compliance with the requirements of Ukrainian legislation;<\/li>\n\n\n\n<li>&nbsp;&nbsp;&nbsp;&nbsp;reporting to the client with a mark of delivery.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Submission of financial statements The preparation and submission of financial statements is the most important part of the duties of any accountant, which must be carried out periodically in the prescribed form and within the time limits prescribed by law. It is based on company accounting data. By law, the submission of financial statements is [&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-963","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/963\/"}],"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=963"}],"version-history":[{"count":2,"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/963\/revisions\/"}],"predecessor-version":[{"id":968,"href":"https:\/\/bondar.net.ua\/en\/wp-json\/wp\/v2\/pages\/963\/revisions\/968\/"}],"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=963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}