Do I Need to Justify All Bank Movements and Invoices?
In order to perform the accounting correctly, each and every bank movement in your corporate account must have documentation to support or justify it. The Estonian authorities are very strict in that regard.
Each payment to suppliers needs a purchase invoice, and all earnings from customers need an income invoice. Salaries must be declared as such, as well as dividends. Everything else, you must inform us so that we know how to declare them.
The golden rule is: each invoice must have a bank movement and vice versa.
Each payment to suppliers needs a purchase invoice, and all earnings from customers need an income invoice. Salaries must be declared as such, as well as dividends. Everything else, you must inform us so that we know how to declare them.
The golden rule is: each invoice must have a bank movement and vice versa.
Updated on: 24/08/2022
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