Client profile
The client is an international group of companies engaged in the distribution of construction machinery. One of its entities is based in Poland. The accounting of the entire group is maintained in a system equipped with a localization package adapted to Polish accounting standards.
Account mapping within JPK CIT
Despite using an accounting system adapted to Polish requirements, the company needed support in developing account tags compliant with JPK CIT reporting requirements. The existing chart of accounts was mapped in accordance with regulations and practices applicable in the country of the group’s headquarters. As a result, it did not meet the detailed requirements imposed by new Polish reporting regulations.
The key problem was the overly general nature of some accounts, which made it impossible to correctly assign the appropriate JPK CIT tags and to properly identify tax data required by Polish authorities.
Proposed and implemented solutions in the IT industry company
The process of account mapping for JPK CIT initially required meetings and discussions with the client, which allowed the Grant Thornton Outsourcing Department team to thoroughly understand the structure of the existing chart of accounts and the logic of accounting entries within the organisation. On this basis, it was possible to assign the appropriate JPK CIT tags.
At the next stage, it became necessary to properly modify the chart of accounts so that it would reflect the JPK CIT reporting requirements. In practice, this meant creating additional accounts, as the foreign chart of accounts proved to be insufficiently detailed. Throughout the process, it was also important to analyse the developed account tags in terms of tax settlements, taking into account Polish regulations and the client’s internal expectations.
Additionally, our specialists prepared accounting templates that facilitate the correct application of the chart of accounts on an ongoing basis and minimise the risk of errors in daily accounting work. The entire process was complemented by professional translation of accounts and tags into Polish.
Benefits for the Client
The client gained assurance that the account structure and assigned tags meet all JPK CIT reporting requirements and comply with Polish tax regulations. The trust built and the efficient cooperation resulted in an extension of the service scope to include accounting supervision, ensuring ongoing verification of the correctness of settlements and reports.
Why is account mapping crucial in JPK CIT?
What problems arise when mapping accounts in international groups?
What does support in account mapping for JPK CIT involve?
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