News

Included in the so-called "E-Balance" are the tax statement, profilt-and-loss or trade balance sheet and offset and reconciliation. The minimum data required are also specified in the Finance Ministry's September statement. Further related information is accessible at www.esteuer.de. 

Originally, the E-Balance was due to go in effect this year. Due to the extensive efforts involved in conversion - both technically and organizationally - the implementation deadline was postponed several times.  

Now that the date has been fixed, it is time for companies to get on with the necessary preparations.

• The chart of accounts has to be adapted to the State-required electronic framework
• The accounting must be validated for XBRL conformance
• Entry of tax-related transactions will no longer be allowed in sub-systems

XEPTUM will gladly support you in preparing for the E-Balance by working out an action plan for adapting your technical and organizational procedures to ensure that all requirements will be covered in time.