GoBD

The accounting of every company is subject to legal requirements. The requirements are set out in sections 238 and 239 HGB (German Commercial Code), section 146 AO (German Fiscal Code), the Cash Register Directive 2010 and the GoBD (Principles for the Proper Keeping and Storage of Books and for Data Access). According to the GoBD, the regularity of electronic books must be assessed according to the same principles as manually created books. The requirement extends not only to the IT systems for accounting (general ledger), but also to all systems that manage or provide data for accounting (subledger). The following principles, among others, must be taken into account in the respective systems:

• Traceability and verifiability
• completeness
• accuracy
• Immutability

In principle, all accounting-relevant components of the IT landscape must be analyzed. This involves both individual IT systems and interfaces, e.g. between merchandise management, the cash register system and accounting. In addition, the statutory retention periods must be complied with, e.g. with the help of an e-mail archiving system.

We support you both in complying with the principles of the GoBD and in the corresponding audit of the same, e.g. in accordance with IDW standard PS 880.

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