Why Are You Now Asking For Additional Documents for the Annual Report That You Didn’t Request in Previous Years?
At Companio, we aim to adhere to Estonia's accounting and tax laws, which involve the proper documentation and recording of all financial transactions.
To ensure we meet these legal deadlines, we send monthly reminders for you to upload your invoices by the fifth day of the following month. If you're late, our accountants will initially record these as "prepayments" to align with tax requirements. That means the transactions are supposed to be payments waiting for a document or invoice. It's essential to provide the correct invoice later on.
When the Annual Report is due, we can no longer keep these transactions as "Prepayments". We need an invoice or justification for them, and that's why we need to ask you for these documents if you didn't provide us with the document in due time.
Requesting additional documents helps us maintain legal compliance and keep accurate records. If you have any questions or need help, our support team is always ready to assist you. Remember, our support team is just a click away through the chat for assistance.
To ensure we meet these legal deadlines, we send monthly reminders for you to upload your invoices by the fifth day of the following month. If you're late, our accountants will initially record these as "prepayments" to align with tax requirements. That means the transactions are supposed to be payments waiting for a document or invoice. It's essential to provide the correct invoice later on.
When the Annual Report is due, we can no longer keep these transactions as "Prepayments". We need an invoice or justification for them, and that's why we need to ask you for these documents if you didn't provide us with the document in due time.
Requesting additional documents helps us maintain legal compliance and keep accurate records. If you have any questions or need help, our support team is always ready to assist you. Remember, our support team is just a click away through the chat for assistance.
Updated on: 03/07/2024
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