From the entries to the annual accounts
From the journal through balance sheet, income statement and notes to the E-Bilanz.
Partnerships: The profit allocation attributes special remuneration first and distributes the net income according to the profit-sharing key, as the separate determination return does.
Where the entries come from is described under Bookkeeping; corporate and trade tax from the annual accounts under Taxes and ELSTER.
What belongs to the accounts besides balance sheet, income statement and notes
Which further parts the accounts need depends on the size class. ZepDesk draws them up from the same entries.
| Part | For whom | In ZepDesk |
|---|---|---|
| Income statement by the cost of sales method§ 275 (3) HGB | as an alternative to the nature of expense method | a switch in the header of the income statement; both methods end at the same net income |
| Statement of fixed assets§ 284 (3) HGB | mandatory from medium-sized, voluntary for small companies | a chapter of the notes with additions, disposals, transfers, depreciation and book values |
| Cash flow statement | for medium-sized and large companies; it is mandatory only for capital-market-oriented ones (§ 264 (1) HGB) | by the indirect method, based on DRS 21 |
| Statement of changes in equity | like the cash flow statement | subscribed capital, reserves and retained profit over the year, based on DRS 22 |
| Deferred taxes§ 274 HGB | from medium-sized; small companies are exempt (§ 274a No. 5 HGB) | differences between the commercial and the tax balance sheet per item; ZepDesk values them at the company's income tax rate from corporate tax, solidarity surcharge and trade tax at its multiplier and shows the net position as an asset or a liability |
What your size class requires
The size class determines how detailed the accounts are and what you disclose. The accounts must be drawn up within the first three months after the reporting date, by a small company within the first six (§ 264 (1) HGB), and disclosed within twelve months (§ 325 (1a) HGB). Both deadlines appear in the deadline list; it sets the six months once the size class small or micro is entered in the company master data.
within the threshold of the classabovethresholds of the size classes
Calculated for one reporting date. Two consecutive dates count; if they differ, ZepDesk takes the larger class.
- Draw up
- within the first three months after the reporting datewithin the first six months after the reporting date
- ZepDesk draws up
- Disclosed
- , within twelve months
| Size class | Balance sheet total up to | Revenue up to | Employees up to | What ZepDesk draws up | What is disclosed |
|---|---|---|---|---|---|
| Micro§ 267a HGB | €450,000 | €900,000 | 10 | Balance sheet with letter items only, income statement condensed under § 275 (5) HGB, information below the balance sheet instead of notes | Balance sheet; deposit instead of publication possible (§ 326 (2) HGB) |
| Small§ 267 (1) HGB | €7,500,000 | €15,000,000 | 50 | Balance sheet with letter and Roman-numeral items, income statement from gross profit (§ 276 HGB), shortened notes (§ 288 (1) HGB) | Balance sheet and notes (§ 326 (1) HGB) |
| Medium-sized§ 267 (2) HGB | €25,000,000 | €50,000,000 | 250 | full structure, complete income statement, notes with the fixed-asset schedule, management report with pre-filled sections | Balance sheet, income statement, notes and management report, with the relief of § 327 no. 2 HGB |
| Large§ 267 (3) HGB | above | above | above | as for medium-sized | Balance sheet, income statement, notes and management report |
Parent company
If your company holds the majority in others, it may have to draw up consolidated accounts (§ 290 HGB). ZepDesk checks the size-related exemption under § 293 HGB using the gross method on two consecutive reporting dates and compiles the group's figures; it does not produce finished consolidated accounts, and it does not calculate the net method.
Consolidated accounts: what ZepDesk checks and compilesAlso for associations and companies without a balance sheet
Associations, foundations and non-profit corporations such as gGmbH and gUG keep the use of funds and the reserves under § 62 AO, plus the treasurer's report split across the four spheres of § 64 AO. Anyone not required to keep a balance sheet works with the EÜR on the official form: the same entries, a different report (Reports).
Prepare the annual accounts.
Take over the entries, lock the periods, draw up the accounts. Your tax firm works along with the Tax role.