Author: Szwak i Spółka

The process from an incident to the accounting and tax correct presentation of its impact on a company’s finances, i.e. a de facto accounting service, can be shortened to as little as 7 seconds thanks to the digitalization of processes with SpiceSolutions tools. Our software enables full accounting for more than 200 companies and handles up to 100,000 documents every month. Every hour, these programs are used by 1.5 thousand users,” says CEO Arkadiusz Szwak in an interview with Puls Biznesu about SpiceSolution’s development plans, adding, ”Our innovative software that we ourselves use at Szwak and Company, such as eCurcuma and eWasabi, have already won recognition in Singapore, the Dominican Republic, as well as many other countries. We plan to expand further, especially in Asia and to debut on the NewConnect market.

The interview appeared in Puls Biznesu on July 29, 2024 and is available here.

In today’s edition of Rzeczpospolita, we give recommendations on how to prevent unauthorized transactions in an enterprise, and how outsourcing accounting and financial services affects transaction security. “Entrusting the process to qualified specialists, using tools that digitize financial processing, who can develop security algorithms, minimize the risk of theft and mistakes and protect management from liability. Such skills are possessed by financial and accounting centers, which achieve this by, among other things, using the latest technologies combined with years of substantive experience of advisors. Companies offering outsourced services”.

https://pro.rp.pl/biznes/art40346131-jak-zapobiegac-nieautoryzowanym-transakcjom-w-przedsiebiorstwie

On November 19-22, 2022, a conference organized by PrimeGlobal – an international association of accounting and consulting companies, of which we are a member, was held in Amsterdam.

The company was represented by the Management Board – Arkadiusz Szwak and Karolina Walczak, we were among over 160 participants of the event from 27 countries.

We worked on maintaining the position of one of the leaders in digitization at GUT and the development of our International Accounting Center (IAC project), i.e. the implementation of our model and work tools in accounting firms from other countries, whose first participants are Prime Global members from Georgia and Spain.

For 4 days, 70% of the time was filled with talks, workshops, substantive and partner discussions, and 30% was filled with lectures on a wide range of knowledge (global information on economics, mental, a broader view of yourself and teams in terms of strengths and weaknesses, opportunities in digitization, in which as a company, in the opinion of other members from Europe, we dominate.)

Admiring Rembrandt’s works in the Rijksmuseum together with several hundred accounting firms, combined with visiting the Paralympic sports center, allows you to look at the capabilities of your teams in a different way and teaches you to adjust expectations to capabilities.

Relationships with 136 representatives of 60 companies from 27 countries increase our experience, thanks to which we implement our IAC (International Accounting Centre) project, in which, using the accounting service model and digitization tools (www.spicesolutions.pl), we combine accounting firms as principals and subcontractors from different parts of the world (we work for accounting firms from Spain and Italy, accounting firms from Georgia and Romania work for us).

One of the aforementioned discussions ended with an interesting twist – keep calm and do your job!
With this slogan, we return to everyday work, which thanks to such meetings we look at from a slightly different perspective and we are preparing to participate in this year’s PrimeGlobal conferences in Croatia and Singapore.

No one, not even the tax authorities, has an exhaustive list of expenses considered as tax-deductible costs. Economic life is simply too rich. However, we have prepared an exemplary list with experts, using extensive case law in this area and interpretations of the head of the National Information Service. In it, we suggest what expenses can be included in tax costs, which can not, and which may be the subject of disputes. Accounting offices should have such a cheat sheet at hand, because it will allow you to quickly solve customer doubts.

We comment on the issue for Dziennik Gazeta Prawna. The article was published on October 3, 2022 and is available here.

Until when the documents must be handed over to the accountant, what, if the deadline is exceeded and who is responsible for errors – such as provisions in the contract will significantly facilitate cooperation. And information about GDPR, AML and MDR.

We comment on the issue for Dziennik Gazeta Prawna. The article was published on October 3, 2022 and is available here.

Whether it is better to submit a zero JPK_VAT or not to send the file at all, if the taxpayer has not provided the necessary documents – this is still the current dilemma of many accountants.

We comment on the issue for Dziennik Gazeta Prawna. The article was published on May 9, 2022 and is available here.

Due to the legal chaos that caused Polish Ład, accountants are wondering which regulations to apply – the PIT Act or the regulation of 7 January this year on PIT advances. They are afraid of responsibility for not applying any of these legal acts. Can budget accountants have this type of dilemma? Can we choose whether we must apply the implementing rules on the march, even though we know that there are legal doubts about them?

For Dziennik Gazeta Prawna we comment on the introduced changes. This article was published on January 19, 2022 and is available here.

Some accountants are already manually converting PIT advances according to Friday’s regulation. Some are not able to do this because they have too many employees (companies) or clients (accounting offices) and are waiting for changes in payroll programs.

For Dziennik Gazeta Prawna we comment on the introduced changes. The article was published on January 12, 2022 and is available here.

As every year, in the first week of December we organized a legal and tax seminar. This year’s event took place at the Nobel Tower Advanced Technology Center. The partner of the event was Sommerrey & Partners.

The first presentation was devoted to the analysis of non-obvious reasons for too low rates of service companies from the professional sector (lawyers, tax advisors, consulting agencies), which was analyzed by an expert in the field of law firm management.

The next block of issues was discussed by accounting experts and data reporting analysts in the Business Intelligence style, i.e. the use of artificial intelligence for the analysis and clear presentation of management data, on the basis of which the management of enterprises can make key management decisions. New technologies that can be used in accounting were also presented, i.e. IT solutions that improve the work of both accounting departments and entire enterprises thanks to the implementation of electronic circulation of invoices and documents.

An important issue, to which a large part of the conference was devoted, were the changes introduced in 2022 by the provisions of the so-called New Deal, i.e. reliefs that entrepreneurs will be able to take advantage of, and above all, the burdens that companies will be affected by. Specialists in the field of human resources and payroll discussed changes in the calculation of salaries and reliefs that can be used on the basis of the new regulations.

The last panel was devoted to discussing important procedural changes that should be implemented in enterprises under EU law, i.e. procedures related to counteracting money laundering and protection of whistleblowers. Issues in the field of cyber security and its growing role in companies were also discussed.

We would like to thank the participants and speakers for their participation in the conference and its preparation. We also encourage you to familiarize yourself with the coverage of the event in the form of a video available here.

The article was published on 15/12/2021 in Rzeczpospolita:

https://archiwum.rp.pl/artykul/1464116-Raportowanie-w-stylu-Bussines-Intelligence.html