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Accounting and bookkeeping

Everyone who runs a business must prepare annual accounts. Accounting is the practical work of continuously registering different events, for example purchases and sales, on various accounts.

Accounting - how it works

Accounting plays a vital role in running a company, and refers to the systematic and detailed recording of financial transactions of a business. On this page, we go through how accounting works and how you can get an overview of your company's finances.

Accounting - how it works

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Accounts and charts of accounts

A bookkeeping account is an account where you register (post) a certain type of business event. All these accounts together make up your chart of accounts.

Accounts and charts of accounts

Annual accounts and annual report

Should your company draw up annual accounts or an annual report? Wether your company need to draw up annual accounts or an annual reports depends on the type of company and in some cases on the size of the business. Ffind more information about what applies to your company.

Annual accounts and annual report

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Frequently asked questions about accounting

Frequently asked questions about accounting