Regulations on business trips in Russia, what is necessary from a formal and pratical point of view Regulations for busienss trips in Russia are an internal documument of a company. The form of the document can be freely chosen and is not regulated. Each company can develop its own forms and standards which meet its needs for business trips in Russia. The regulation … [Read more...]
019 Expense reporting and electronic documents exchange and archives in Russia
Expense reporting and electronic data exchange and archives in Russia - a big question with big room for efficency gains Russian accounting and tax rules are much more relying for control on paper based documentation than in many western countries. There have been big improvments in Russia, and in certain areas Russia is up to world standards (such as electronic company tax … [Read more...]
005 How travel expenses are documented in the expense report in Russia
When sending an employee on a business trip in Russia the employeer is recquired to pay for the trip and his accommendation. An employee might also organize the business trip himself and advance the expenses. About the costs of the business trip the employee should report in the expense report after the business trip and provide all underlying primary documentation to the … [Read more...]
004 Expense reporting and foreign currencies in Russia
Expense reporting in foreign currencies in Russia According to the regulations of the Russian Federation all corporate expenses which were incurred in foreign currency have to be compensated in Russian ruble. And this shall be used at rate of the exchange rate of the Central Bank (and also to be used in the tax and accounting documentations) at the date of the confirmation … [Read more...]
002 How to recognize a pre check from a tax deducutable restaurant bill in Russia
Recognizing a pre-check from a "fiskalnie" check in Russia is kind of an art So do you know what the difference between a pre-check and a "fiscalnie" check is? Very easy - a pre-check is a useless paper which might indicate that the restaurant you just visited generated black cash. And it is not tax deductable. And a "fiskalnie" check is the only real thing. Examples of … [Read more...]