Hasznos

Accounting duties of a company that has been liquidated

At the start of the liquidation and during the liquidation, the accounting tasks are carried out

according to Art. 225/2000. must be carried out according to the regulations of the

government decree. According to paragraph 2 (1) of the decree, during the liquidation

period, the provisions of the Accounting Act (Szt.) must be applied to the economic

organization, taking into account the provisions of the effective bankruptcy act (Cstv.) and

the government decree. For Szt., Cstv. - and regulations not affected by government decree

are also valid during the liquidation period.

According to Paragraph 11 (10) of the Act, the business year is the period from the day

following the balance sheet date of the previous business year to the day before the start of

the liquidation in the case of liquidation of the entrepreneur. This is the date of the Cstv.

According to point a) of paragraph (1) of paragraph 31, to prepare a report and, after

dividing the result, a closing balance sheet and a tax return for the farmer. They must be

handed over to the liquidator and the tax authority within 30 days of the start date of the

liquidation, and a declaration must be made that the balance sheet closing the activity and

the closing balance sheet prepared after the division of the profit give a true and reliable

picture of the debtor's financial situation. It is also necessary to declare what significant

changes have occurred in the debtor's financial situation since the adoption of the balance

sheet.

Paragraph 3 (1) of the government decree prescribes the content of the report closing the

activity to be prepared the day before the start day of the liquidation. The closing inventory

used to support the balance sheet items of the report closing the activity contains the fixed

assets and current assets of the economic organization on the balance sheet date, as well as

their resources, in quantity and at a value determined as prescribed in the Act. The balance

sheet of the closing inventory and the report closing the activity may not include value

adjustments and valuation reserves, as well as accruals. The accounting must include

revenues, costs, and expenses incurred up to the balance sheet date. The closing report

must be deposited and published in accordance with Article 153 of the 1) and paragraph 154

(1) within 30 days after the balance sheet date of the report based on the provisions of

paragraph 3 (4) of the government decree.

According to Paragraph 11 (11) of the Civil Code, the liquidation period is considered to be

one business year, regardless of its duration. During the liquidation, the records are kept in

accordance with Government Decree 3-6. must be conducted in accordance with the

provisions of paragraphs

For this, the Bankruptcy Act. According to paragraph (2) of paragraph 46, the liquidator

prepares an opening liquidation balance sheet. The content of the opening balance sheet is

determined by Paragraph 5 (1) of the Government Decree, according to which it must be

prepared on the basis of the closing balance sheet with the starting date of the liquidation.

In the opening balance sheet, the value of assets that cannot be included in the liquidation

must be shown separately on the assets side, and their resources of the same amount as

liabilities on the liabilities side.

Regarding the period between the tax declaration closing the activity and the liquidation,

unless otherwise provided by law, the tax declaration obligation must be fulfilled according

to the general provisions of Art.

During the liquidation period, the entrepreneur is not subject to corporate tax (Tao.

Appendix No. 5, Point 8).

Source: Tax zone