How to report LLC

The results of the financial and economic activities of the enterprise are reflected in its financial statements. Its competent and timely management ensures that management makes the right management decisions, and also prevents possible sanctions by the tax authorities.

Instruction manual

1

The reporting structure of a limited liability company (LLC) depends on the form of taxation chosen by it: general or simplified. Enterprises that use the general taxation system submit to the bodies of the Federal Tax Service accounting balances, declarations on all types of taxes paid, information on the average number of employees, reports to the Pension Fund, Social Insurance Fund, and statistical agencies. With a simplified system, balances are excluded from this list, the declaration must be submitted only for a single tax, in addition, the book of income and expenses must be certified.

2

To ensure the formation of reliable reporting, monitor the completeness and correctness of registration of all primary documents, timely reflection of operations on accounting accounts. Errors can lead to the fact that during the audit the tax inspectorate does not recognize part of the costs and add taxes.

3

For reporting LLC use unified forms of documents established by regulatory enactments. Follow their updates, tax authorities do not accept reports submitted in the form of an inactive edition. Compliant forms can be found in the regulatory framework or purchased from the tax office.

4

If you use special programs for accounting: 1C, BEST, Sail, etc., then with the correct reflection of operations, reports on all types of taxes and balance forms can be generated automatically. In the event that the account is kept manually, when filling out the declarations, carefully read the explanations to them in order to avoid errors.

5

It is very convenient to maintain LLC reporting in online accounting, especially when it comes to a small business. Register on the e-bookkeeping website, download bank statements, information about income and expenses, employee salaries, and the system will generate reports, update their forms, calculate taxes, etc. In addition, with the help of such web services, it is possible to submit reports to tax, statistical authorities and extra-budgetary funds in electronic form.

6

Despite the automation of the processes of preparing and submitting reports, balances, declarations and other calculations must also be on paper, so print them out and keep them together with the tax inspectorate for acceptance, mail for sending or electronic protocols if you send documents via the Internet.

Useful advice

In order not to miss the deadlines for submitting accounting reports to various government agencies, use the accountant's calendar. It can be found in any legal reference system.