As of January 1st, 2023, several companies must digitalize their bookkeeping. This is a fact after a newly passed legislation on bookkeeping, as well as changes in the Danish Financial Statements Act. These changes comprise pivotal consequences for several companies, which right now do not store their bookkeeping materials digitally. Some of the most essential changes, which the up-coming legislation requires, are:
This requirement does not encompass companies with personal liability and a net revenue of less than DKK 300,000 in one of the last two income years.
In addition, all bookkeeping registrations must refer to the rightful appendices in question. Meanwhile, there are requirements for controls, which document the validity of the registrations.
The implementation of a significantly increased level of fines, possibly fines up to DKK 1.5 million, provided the company can procure neither the original, digital accounting records, nor the digital backup copy, which must be available for authorities with the authority to insight.
Below, we have listed all our solutions, which may assist you in digitalizing your bookkeeping materials.
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