Having its formalities expressed in Decree Law 486/1969, bookkeeping may also be known as “commercial or commercial bookkeeping” and “tax or fiscal bookkeeping”
A bookkeeping is fundamental to the administration of a company. Every entity must keep a record of its administrative, accounting and tax activities, not only for the legal aspect, but also so that the company has its data and history stored in a reliable and usable manner for the preparation of future market strategies and administrative maintenance.
What is bookkeeping?
It is defined as “the chronological and specific record of the nature of all the events that occur in the company” (source). Also known as “commercial or commercial bookkeeping” or “tax or tax bookkeeping”, this procedure has as one of its main purposes to provide interested persons with information about specific assets related to the business.
As well as other procedures related to accounting, bookkeeping must follow the appropriate standards established by the sector.
If the company has branches, there is the option of non-centralized accounting. On the other hand, when it comes to bookkeeping, the parent company must contain the reports and numbers of each of its other offices, following article 252 of Decree No. 3,000/99.
In Brazil, commercial bookkeeping became digital starting in 2008 and 2009, allowing companies to start using the SPED, Public Digital Bookkeeping System. The SPED aims to unify the reception, validation, storage, and authentication of books and documents that are part of accounting and tax bookkeeping of Legal Entities, through a computerized flow of information.
Consulting for the generation of bookkeeping:
TATICCA Auditors and Consultants has a team with over 20 years of experience in accounting auditing consultancy, taxes, advice, and others. We work with bookkeeping processes, including Generation of the accounting SPED/ECD (Digital Bookkeeping).
Count on one of the most qualified and traditional audits to assist your company. Contact us by e-mail taticca@taticca.com.br
