Should I Keep a Book When Doing E-Commerce?
According to the tax laws, you have to keep books in the procedure determined for you and record all your business transactions in these books in accordance with the tax laws.
What procedure are you subject to?
Merchants (traders) are divided into two classes in terms of bookkeeping. Class I traders keep books on a balance sheet basis, and class II traders keep books on a business account basis.
When real person taxpayers start their first business, they can keep books on the basis of a business account. However, it is also possible for taxpayers to keep books on a balance sheet basis at their own request.
Joint stock and limited liability companies, on the other hand, must keep books on a balance sheet basis under all circumstances.
Which Notebooks Do You Have to Keep?
Bookkeeping on a Balance Sheet Basis:
If you are subject to the balance sheet basis, you have to keep the following books.
journal
A journal book is a book in which the transactions that need to be recorded are written regularly in order of date and item.
The Great Notebook (Defter-i Kebir)
A large ledger is a ledger that takes the transactions that have been entered into the journal book from here and distributes them to the relevant accounts in accordance with the procedure and collects them in these accounts in a sorted manner.
For example: If 1.000 TL, 300 TL, 500 TL and 2.400 TL have been paid from the cash register at different times during the day, all of these payments should be recorded in the journal with explanations. Pay November 4,200 to the cash register account after these transactions, the total payment of TL 4.200 is seen in the large ledger.
Inventory Book
Inventories and balance sheets issued on the date of commencement of work and at the end of each subsequent accounting period are recorded in the inventory book.
Bookkeeping on the Basis of the Business Account:
If you are subject to the business account principle, you have to keep a business account book.
The left side of this book is the expense, and the right side is the revenue part.
In the expense part: The money paid or borrowed in exchange for the purchased goods or services commissioned, as well as all other expenses related to the enterprise, are recorded.
In the revenue part: Receivables with money collected as the cost of goods sold or in exchange for services performed, and all other revenue received from operating activities are recorded.
What is the obligation of attestation?
It is necessary to certify the journal, inventory and business account books that you have to keep in accordance with the tax laws to notaries.
The books are certified to the notary of the place of work, if there is no workplace, the place of residence.
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