Financial reporting for enterprises "micro"

Financial reporting for enterprises micro

Financial reporting for enterprises "micro" is now available in accounting software in Poland - mKsiegowa.pl

According to 2015 legal changes "micro" enterprises have been defined. Such enterprises may prepare simplified financial statements consisting of a balance sheet, income statement and supplementary information. mKsiegowa.pl team has prepared basic financial report for such "micro" enterprises. The reports were prepared by a flexible mechanism for custom reporting in mKsiegowa.pl.

A company was defined as "Micro" for entrepreneurs who in at least one of the last two fiscal years:

  • employed on average fewer than 10 employees and
  • achieved an annual net turnover from the sale of goods, products and services and financial operations not exceeding the PLN equivalent of EUR 2 million or total assets in its balance sheet at the end of one of these two years not exceeding the PLN equivalent of EUR 2 million.