Best Accountancy Course

A self-entrepreneur must issue an invoice to his client essentially when it is a professional. This micro-entrepreneur invoice must include a number of mandatory information. For best accountancy training Best school of accountancy In Lahore . Finally, some elements of it will be reported on the book of receipts; to be kept by the trader. Micro enterprise business invoice Like any professional, the micro-entrepreneur or the self-contractor is required by law to issue an invoice to his customers for each sale or service. As such, it must apply the common rules of invoicing, valid for all other professionals. The establishment of an invoice is compulsory for all transactions between professionals (it constitutes a legal means of proof between traders, serves as proof of accounting, etc.). In the case of transactions with private individuals , the invoice is not compulsory  except in the following cases, except for distance sales, i.e. intra-Community trade for which the b...

A company can choose to manage its long-term contracts in two different ways in accounting. Compta-Facile chose to detail, in this article, one of them called the method at completion. The objective is to provide an answer to the question: how to account for a long-term contract using the method at completion? Long-term contracts accounting method completion The management of long-term contracts is in practice only necessary in the accounts of some sectors of activity: the accounting of a building company, computer engineering, space industry or aeronautics. These contracts are characterized by a fairly long term (at least 2 different accounting years). They concern complex and generally unique projects. They have been fully presented in the publication opposite:  definition and management of long-term contracts. In accounting, long-term contracts benefit from two separate treatments. The first is called the "progress method" (it has been discussed separately:  acco...

Depending on its wishes in terms of social security and contributions, it will be in the interest of the project proponent to opt for a particular structure. For best accountancy training Best school of accountancy In Lahore . Its social system can be described as "non-salaried" or "assimilated employee". The cost of social contributions for non-salaried employees is generally lower than for salaried employees; It being specified that they enjoy less protection. In particular, the head of an SA, a SAS or a SASU or the non-associated minority or equal partner of an LLC are treated as employees. The majority manager of an LLC or a EURL, the head of a sole proprietorship, an EIRL or all the partners of a SNC are considered to be non-employees. Finally, the bearer must pay particular attention to the social status he wishes to concede to his spouse. Indeed, if the latter participates in the activity or holds the status of associate, it may, in certain legal stru...

The use of a societal form makes it possible, for the most part, to shelter the personal property of the project holder (unless he commits a management error or certain other offenses). Indeed, the professional patrimony is then distinguished from the personal patrimony of the partner. To this end, a legal structure should be chosen in which the partners' liability is limited to the amount of their contributions (this is the case for SAS / SASU, SARL / EURL, SA). In some others, the responsibility is unlimited and sometimes solitary (as for the SNC for example). If he carries on his business in his own name, there is no distinction between personal and professional wealth. The project proponent may still be able to protect himself, but by means of a fairly substantial formalism. In addition, coverage will be less. If he is a self-entrepreneur, he must opt ​​for the EIRL scheme, if he chooses the EIRL, he must carefully define his assignment patrimony and if he is an individua...

In the editorial part of a business plan, the project proponent must devote a part to the legal aspects. For best accountancy training Best school of accountancy In Lahore . It is essentially a question of describing the legal structure chosen for the company and of presenting the main contracts applicable (partners' pacts for example). Compta-Facile indicates here the information to communicate in the chapter "legal aspects” of the business plan. Choice of legal status and business plan the promoter must, before drafting its business, choose a legal status. It will have, in this case, the choice between two diametrically opposed statuses: the sole proprietorship or the company. Here are the decisive criteria for choosing a legal status. The project leader launches alone or with other people In the first case, the project holder may opt for microenterprise (also known as self-employment), sole proprietorship (EI), sole proprietorship (EIRL) or a sole proprietorship...