Tax accounting is an important part of a business, it is a phrase that is no longer strange to any business. Since the establishment of the business, it is mandatory to have a tax accounting department for the business to operate and exist in accordance with the management of the law. Most businesses are aware of the importance of human resources and put forward criteria to build and improve the quality of human resources to find talent. Therefore, Viet An Tax Agent provides tax accounting legal training services to help your business have effective assistants contributing to the management and operation of that business.
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A tax accountant in an enterprise is an accountant in charge of tax declaration issues of an enterprise. This position of accounting personnel is the obligation of enterprises to the state. With a multi-component economy, the state can only manage it when there is a tax accountant and vice versa, businesses also have stable business and favorable tax reporting if they implement clear tax issues.
Tax accounting in a business is not a simple job for an accountant who has just started his job and especially for accounting students who have just graduated. Because, in addition to professional knowledge, tax accountants also require professional and clever behaviors and pocket manuals as luggage at work.
Tax accounting helps businesses to do business stably and make tax reports in accordance with state regulations in a clear and transparent way. Tax accounting plays a role as a bridge and link between businesses and the state. Thanks to the work of tax accountants, it has made it easier for the state to manage the economy.
Determination of VAT calculation bases: Compare input VAT invoices and output VAT invoices, ensuring reasonableness, validity and legality. Check and classify VAT invoices according to each type of tax rate. Monthly or quarterly, tax accountants need to make a report on the general declaration of input and output VAT in order to obtain data as a basis for determining the obligation to pay VAT of enterprises to the State.
Determination of the basis for calculation of excise tax and environmental protection: For the activities of enterprises related to the import of goods subject to excise tax and environmental protection tax, tax accountants need to check the tax rates of goods, classify and make tax declaration reports for these two taxes as a basis for determining obligations paying taxes.
Determination of the basis for calculating personal income tax: Based on the actual salary of employees working at the enterprise and the State’s regulations on the law on personal income tax, family circumstance deduction, etc. The tax accountant calculates personal income, declares personal income tax and reports to the tax authority in accordance with the accounting period
Determine the basis for calculating corporate income tax: Tax accounting needs to be combined with general accounting to understand data, compare data and make monthly, quarterly and annual financial statements to serve internal financial control at the enterprise. At the same time, it serves as a basis for determining corporate income tax obligations for State agencies.
In addition, tax accountants will need to process and monitor the following necessary work items:
In order to recruit a highly qualified accountant, understand the law and regularly update the latest accounting and tax regulations, businesses need to carry out a rather complex and time-consuming recruitment process. This process includes posting job postings, screening resumes, interviewing candidates, checking professional qualifications, etc.
After recruiting accounting staff, businesses need to invest time and money to train them on work processes and operations, as well as the latest regulations on accounting and taxation. This training can take months or even years for employees to fully master the job.
When hiring accounting services, businesses do not need to worry about these costs. Businesses only need to pay a fixed monthly service fee, which includes all costs related to accounting work.
To be able to operate effectively, the accounting department needs to be fully equipped with office equipment, accounting software, computers, etc. These costs are just as expensive as the cost of recruiting and training employees.
When hiring accounting services, businesses do not need to invest in facilities and parts for the accounting department. Businesses only need to provide accounting services companies with some necessary information and documents for them to do their jobs.
Businesses need to spend time managing accounting staff, including assigning tasks, tracking work progress, evaluating work efficiency, etc. This management also requires businesses to have expertise in accounting and taxation.
They are highly professional, knowledgeable about the law and regularly updated with the latest accounting and tax regulations. As a result, you can rest assured that your business’s accounting work will be carried out accurately, efficiently and on time.
When using accounting services, you will have more time to focus on your main business activities, such as market development, business expansion, improving the quality of products and services, etc.
Accounting service companies often have a strict management system, methodical and strictly controlled working process, which helps ensure the accuracy and reliability of tax accounting information, minimizing the risk of errors and losses. The rules work firmly, with comparison and moderation before submitting reports to the tax authorities.
If you have any difficulties or questions related to tax accounting legal training services, please contact Viet An Tax Agent for the most specific advice.
