Double-entry bookkeeping (nowadays simply accounting) is a complex process which leads to the discovery of the current state and changes of the assets, their resources and the results of their management over a certain period. In accounting, every entry to an account requires a corresponding and opposite entry to a different account.

Double-entry bookkeeping management is mandatory for all individuals (or corporations) registered in the Business Register and for all subjects whose turnover exceeded 25 million CZK in the previous year. The obligation for double-entry bookkeeping management can also be issued by a special law regulation. It is possible to manage it voluntarily at the same time.

Whoever does not manage double-entry bookkeeping is subject to tax evidence.


  1. accounting chart processing
  2. billing of all the accounting documents
  3. accounting diary management
  4. ledger management
  5. cashbook management
  6. claims and obligations book management
  7. individual accounts balance monitoring
  8. tangible fixed assets and small tangible fixed assets book management
  9. VAT return and record obligations processing (VAT payers only)
  10. printing of the final version of processed books
  11. accounting closure processing – balance sheet, results, cash-flow, attachment
  12. long-term accounting directives processing
  13. assurance of the verification of the closure by an auditor

In addition, more services can be arranged:

  1. warehouse management
  2. invoice printing
  3. inventorying of goods (materiel, wares, products)
  4. inventorying of investment property
  5. trip book management
  6. daily revenue book management
  7. regular document collection
  8. reverse accounting reconstruction


The financial statement is a document that displays the financial sitution of the accounting unit. Among the basic types of statement belong the balance sheet, profits and losses statement, cash-flow, overview of changes in personal capital and attachment for the accounting closure.

Financial statement/accounting closure

The accounting diary is the main accounting book which keeps tracks of all billed records.

Accounting diary