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Depreciation and methods of accounting depreciation

Depreciation and methods of accounting depreciation

by Arintass | Oct 13, 2021 | Accounting Advice

In order to calculate depreciations we have to take into account the acquisition price of the asset, the useful life of the asset, as well as the residual value at the end of the depreciation period. There are different methods, depending on the depreciation process we want to obtain.

Release of the General Accounting Plan in 2021

Release of the General Accounting Plan in 2021

by Arintass | Apr 26, 2021 | Accounting Advice

RD-Law 1/2021, 12th January, introduces new features in the General Accounting Plan to adapt it to the accounting criteria adopted by the European Union and will be applicable for fiscal years beginning on January 1 January 2021.

Content of the invoices in Spain

Content of the invoices in Spain

by Arintass | Aug 3, 2020 | Accounting Advice

In order to be able to deduct the VAT on a simplified invoice, the sender must necessarily indicate the VAT number of the recipient or receptor, the full address, full name and the amount invoiced.

How to produce an electronic invoice in Spain

How to produce an electronic invoice in Spain

by Arintass | Jun 10, 2020 | Accounting Advice, Tax Compliance

Producing an electronic invoice in Spain is easier than it seems. In order to produce the aforementioned invoice addressed to a public entity, you must have access to online invoicing software and submit the invoice via the E-Invoicing General Entry Point or FACe....
CIRBE report in Spain: Financing mechanism for your business

CIRBE report in Spain: Financing mechanism for your business

by Arintass | May 27, 2020 | Accounting Advice

Financing mechanisms: Do you need financing for your business? Know some of your requirements through the CIRBE report in Spain.

Beneficial ownership in Spain: Who is required to report on the Company’s beneficial owner?

by Arintass | Nov 28, 2018 | Accounting Advice, Legal

This is a new obligation (Beneficial ownership in Spain) to be included in the financial statements for the fiscal years beginning in 2017.

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