{"id":10569,"date":"2018-12-03T12:27:47","date_gmt":"2018-12-03T11:27:47","guid":{"rendered":"https:\/\/tunal-stb.de\/inventory-at-the-end-of-the-business-year\/"},"modified":"2023-07-21T09:35:36","modified_gmt":"2023-07-21T07:35:36","slug":"inventory-at-the-end-of-the-business-year","status":"publish","type":"post","link":"https:\/\/tunal-stb.de\/en\/inventory-at-the-end-of-the-business-year\/","title":{"rendered":"Inventory at the end of the business year"},"content":{"rendered":"

Inventory – end – business year<\/strong><\/p>\n<\/div><\/div>[vc_single_image image=”5499″ img_size=”full”][ultimate_heading main_heading=”Inventur am Ende des Wirtschaftsjahres” alignment=”left”][\/ultimate_heading][vc_separator css=”.vc_custom_1543831910217{margin-bottom: 20px !important;}”]<\/div><\/div><\/div><\/div><\/section>

The obligation to take inventory<\/h2>\n

results from Sections 240 and 241a of the German Commercial Code and Sections 140 and 141 of the German Fiscal Code. According to these regulations, financial statements are to be prepared on the basis of annual inventories. Accordingly, an inventory is only required if the balance sheet is drawn up. Proper inventory is a prerequisite for the regularity of accounting. In case of improper accounting, the tax office may estimate the profit partially or completely.<\/p>\n

The inventory must allow for verification of quantities and assessed values. It is therefore necessary to include the following information about each item in the inventory:<\/p>\n