Nonprofit Dictionary

What counts as business expenses and what do you have to consider? Operating expenses when receiving a material good Here you have to book the access (purchase value) as operating income and post an equally high operating expense so that the booking remains neutral and does not affect the profit. Business expenses in monetary value […]

Other unlimited deductible business expenses You can enter all expenses that have not yet been mentioned here. This includes, for example, your travel costs , telephone costs or advertising costs. Difficulties in recognizing business expenses As noted briefly earlier, there are costs for which it is not entirely clear whether they are business or personal. […]

Operating expenses of a GmbH In a GmbH , you have to pay additional expenses, especially in the area of ​​taxes. And due to the necessary determination of profits and distribution to the shareholders, you have to be particularly careful when calculating the taxable amounts. The operating expenses cannot be named flat-rate and finally, because […]

Filing for bankruptcy – if a company becomes insolvent, it goes into bankruptcy (= insolvency). In the event of insolvency or overindebtedness, a company is obliged to file for bankruptcy immediately. In the event of impending insolvency, a company can file for bankruptcy at its own discretion. When filing for insolvency, insolvency proceedings are initiated […]

Business expenses are the expenses or expenses that arise from your company, i.e. the operation. These expenses reduce your profit and you save taxes. Unfortunately, you cannot deduct all expenses or always in full. Most of what you have to take into account on this topic can be found in the Income Tax Act (EStG). […]

The cost comparison calculation is a method of the static investment calculation. It is mainly used for easily comparable capital goods that do not require more complex calculations. Definition: cost comparison calculation In the cost comparison calculation, various investment options are compared and compared on the basis of their costs. Other influencing factors are not […]

The degressive depreciation is a term from tax law and every entrepreneur should know the difference between degressive and linear depreciation in order to be able to optimally exploit his tax advantages and possibilities. Depreciation can be considered if you are either doing business or owning a rented property. The acquisition costs form the basis […]

Distribution of costs In order to carry out the cost center accounting correctly, you first have to assign the costs from the cost type accounting to the correct cost centers – namely where they actually occurred. To do this, first look at the cost type plan, where all primary costs are broken down according to […]

The cost center accounting is used for the exact allocation of costs within the company. Your goal is transparency to create savings potential show and cost planning and controls to allow. Today we will show you what to look for in cost center accounting and how it works. Definition – cost center accounting According to […]

The net profit is the annual result of various factors and calculations relating to the profitability of a company. It can be positive as well as negative. Full definition Roughly speaking, a balance sheet documents the economic success of a company. According to gradinmath.com, a special factor here is the balance sheet profit. This is […]

Difference between the golden accounting rule and the golden financing rule The golden rule of financing , also known as the golden rule of banking , is based exclusively on the matching of maturities between capital (liabilities) and assets (assets), while the balance sheet rule of the same name, as shown above, also takes into […]

Balance sheet ratios play an important role in business life. Almost every investor, including their own house bank, takes a critical look at the annual financial statements before they are ready to invest. A very well-known balance sheet figure is the golden balance rule, also known as the golden balance rule, which we present in […]