The fourth quarter is the most critical time for businesses as the preparation of annual reports, balance sheets, corporate income tax calculations and year-end financial statements begins.
Many entrepreneurs make the same mistake every year — they wait until January. By then, it is often too late to optimise their tax base or correct financial discrepancies.
🔍 What should companies prepare now?
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verification of receivables and payables,
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collection of missing invoices and supporting documents,
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inventory checks (goods, materials, fixed assets),
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review of expense classification,
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checking investments, donations, amortisation and other tax allowances.
Lack of timely preparation can lead to:
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delays,
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higher tax liabilities,
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additional explanations required by the Tax Office,
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errors in financial statements.
💡 Why does this matter for your business?
Because year-end results affect:
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your tax base,
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company debt levels,
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credit rating with AJPES,
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ability to secure financing.
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👉 Want K2A Accounting Ljubljana to review your documentation and prepare you for year-end reporting?
Contact us this week.