The financial statement is the last step of active work with the documents of the previous accounting period. After successful completion, the posted data of the closed period is immutable.
If the situation requires it, all shutter steps can be recalled and started again.
In the FINUS information system, managing the financial statements is very simple, user-friendly and undemanding.
The financial statements consist of the following basic steps:
- Checking all interim closings and the correctness of the transfer accounts of the chart of accounts
- Closing the Balance Sheet accounts and closing the Closing Accounts
- Updating closing reports, recalculating them and sending them in the required format
- Opening accounts in the new year
- Balance-account transfer
- Confirmation of the statement, i.e. j. locking it
Control of accounting documents
Checking the correctness of accounting in FINUS is facilitated by a number of documents, windows and outputs, such as Accounting journal, General ledger, Turnover balance, Statements of documents and accounts, Account balance and more.
Calculation of year-end statements (balance sheet, profit and loss statement and notes)
The start of the calculation of year-end statements is preceded by their definition and recalculation. IS FINUS has a special REPORTING tab dedicated to reporting.
If there were no changes to the statements from a legislative point of view, there is no need to update them. Availability of versions and their update can be found in the section Reporting - Updating reports.
The conversion of the Balance Sheet, Profit and Loss Statement can be found in the Reporting section - "Print - ch. outputs".
Annual closing
The annual closing consists of 4 steps. Before starting the closing, it is possible to specify whether the steps will be run for the Current subject, My subjects or Group of subjects.
Current subject - the shutter will take place in the subject in which you are currently located.
My subjects - the deadline expires in the subjects to which you have the right.
Group of subjects - the closing date will occur in the subjects that are set in the selected group of subjects (and to which you have the right).
Step no. 1 Interim closure
In this step, the states of documents belonging to the closing date are determined.
Step No. 2 Closing the accounts, creating a balance sheet closing document and a profit and loss document
In the second step, all accounts are closed and a closing balance sheet document and a profit and loss closing document are created.
Step No. 3 Transfer of balances to the new accounting year: xy, transfer of account balances
In this step, a document of initial balances for the following year is created and balance account balances are transferred.
Step no. 4 Closing period
At the end, the locking of the year is done. Execution is displayed by marking the Closing executed field. After this intervention, it is no longer possible to change the documents submitted before the closing date.
Electronic sending of tax documents
Tax documents are submitted to the Financial Administration either in xml format or via the eDane application. The application is opened directly from IS FINUS, without the need for a pre-installed eDane application.
Process I70 Financial statements effective from 31.12.2014 will open the eDane application with the filled-in form of Financial statements of a micro accounting unit or Financial statements of entrepreneurs in the PU.
The specific form is chosen based on which type of statement was used when recalculating the balance sheet.
A background process creates an xml file. This xml file is located in the Finus\DRSR directory and its name is dw_r_uczav_xml.xml. An xml file can be used to upload the financial statement if needed.
Notes are inserted as a separate PDF attachment to the annual financial statements.
The actual printing of reports, either to the printer or to PDF, is available directly from the eDane application.
Do you have other questions? Do not hesitate to contact us.