Preparing Declarations and Closing the Month with Balance Software

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13 იანვარი,2025

Preparing Declarations and Closing the Month with Balance Software

A Day in the Life of an Accountant with Balance – How I Overcame Panic, “Balanced” Everything, and Maintained My Peace of Mind

For some, “accounting” is a complex concept, but we accountants know that every number carries its own story – some calm and straightforward, others full of adventure. That’s where Balance comes in. When declaration day arrives, for an accountant, it means only one thing – the battlefield. Get ready: reports, declarations, transactions, and accounting documents await us. My only secret to survival? Balance Software!

Let’s walk through the most responsible process for any accountant – preparing declarations and closing the month with Balance.

 

9:00 AM – Reviewing Monthly Transactions
The day begins classically – coffee, a deep breath, and opening “Balance.”
The golden rule of accounting: Before closing the month, every transaction must be in its place.
I log into Balance and check:
✅ Purchases and sales
✅ Bank transactions
✅ Salaries
✅ Analysis of received invoices and waybills
✅ Analysis of issued invoices and waybills
✅ Taxes
✅ Detailed reports

The automated functionality, processes, and analytics of Balance give me confidence that no transaction is overlooked.

 

11:00 AM – Comparing Accounts and Turnovers
A good accountant always double-checks, but with Balance, this process is very simple. Detailed reports help ensure that nothing is missed.
I won’t lie – when I see that everything balances, I smile with pride and send smiley-filled results to my director.

 

1:00 PM – Salaries and Declarations – Time for the “Accountant’s Reward”
For us accountants, the most serious task of the month is salary calculation and declaration preparation.
Balance is so efficient in the salary module that I can handle everything with just a few clicks:
• Salary calculation? ✓
• Payment? ✓
• Deductions and taxes? ✓
• Declaration preparation? ✓

Balance seamlessly “integrates” all necessary data.
Submitting income tax and pension declarations is the simplest task. Balance provides ready-made forms in XML format. “Once again, 0% error rate!” I’m satisfied and happily submit the declarations to the appropriate portals.
What usually takes hours with other software, Balance completes in just 20 minutes. “I feel like I have time for another cup of coffee.”

 

3:00 PM – Declarations and Their Angelic Simplicity
Preparing declarations often makes accountants’ hearts race. But Balance is here for me again:

  1. The program automatically compares issued and received invoices and waybills between the RS portal and the software, ensuring accurate accounting.
  2. Taxes are calculated.
  3. I received a verified table that doesn’t even require manual adjustments.
  4. I use the month-closing functionality, and with one click, the process is completed automatically.
  5. In the reconciliation functionality, Balance notifies me if I’ve missed anything.
  6. I’m ready to submit all declarations.

5:00 PM – Closing the Month: “Finally, Everything Is in Order!”
The final cup of tea and a sense of relief.
The month is closed, declarations are submitted, and most importantly, I’m not “burnt out.” With Balance’s help, this process is no longer stressful:
Everything is simple – less manual work and more automation.
Nothing is lost – every transaction is in its place.
Time is saved – even for sharing accounting jokes with colleagues.

Life as an accountant sometimes feels like a battle, but with Balance, we win every month.
If you haven’t tried it yet, know this – submitting declarations has never been this easy! 😊

 

Try the free version of Balance and see its well-balanced capabilities for yourself.