Establish compliance for German and international tax regulations

GoBD

The 4 main requirements of GoBD

  • Time limits for the entry of postings

  • Immutability of records and traceability of entries

  • Correctness of records and verifiability by adept third parties

  • Availability and storage of documents

Our GoBD-compliant suite

Our complete software architecture was developed according to the PS 880 of the Institut Deutscher Wirtschaftsprüfer
Our complete software architecture was developed according to the PS 880 of the Institut Deutscher Wirtschaftsprüfer
All of our servers are hosted in Germany
All of our servers are hosted in Germany
Data is stored up to 10 years on revision-secure servers
Data is stored up to 10 years on revision-secure servers
With our GoBD-compliant module, you can finally say goodbye to your receipts
With our GoBD-compliant module, you can finally say goodbye to your receipts

The new version of the GoBD

In summer 2019, the Federal Ministry of Finance revised the "Principles for the proper management and storage of books, records and documents in electronic form and for data access" (German: GoBD).

The name is unwieldy, the regulations are sometimes complex - and enormously important for accounting. We present the most important points in our blog.

Online travel expense accounting and GoBD

Since 2015, the GoBD, the "Principles for the orderly keeping and storage of books, records and documents in electronic form and for data access" have been incepted.

These also apply to travel expense accounts, among other things. Learn more about this in our blog.

GoBD – The most important information at a glance

Companies must adhere to the principles of proper accounting, regardless of whether they organise their accounts in paper or digital form. The GoBD regulate which legal requirements have to be met for the keeping and storage of books and business documents in electronic form in Germany. These regulations also apply to the settlement of travel expenses.

Lump sums and per diems

  • Automatic daily rate calculation based on the most recent BMF guideline.

  • Thanks to API integration with Google, lump sums are automatically captured and calculated according to the latest BMF letter.

Additional per diems for catering costs - what you have to pay attention to

Anyone who travels for professional reasons has to dig deeper into their pockets for food than in their usual environment. Therefore, the legislator has regulated that the so-called additional expenses for meals are tax deductible. But from when can it be claimed and how can you get your money refunded? We answer the most important questions.

Additional per diems per overnight - All you need to know

Business trips are part of the daily business for more and more employees. The employee does not have to bear the costs of hotel accommodation himself, but can settle them via the overnight flat rate. However, the collection of receipts is often preferable to the flat rate.

3 month rule

Circula automatically identifies trips that fall under the 3 Month Rule, saving accountants valuable time. Circula follows the German laws in evaluating each trip, taking the burden of manually calculating the sum of days of previous trips. The reimbursement calculations in the background handle the per diems relevant for taxation parallel to tax-free per diems.

Frequently asked questions

Transform your business processes and become paperless with our GoBD-compliant suite.