Accountancy

The CICE refers to the remuneration paid by the company to its employees for a whole year, but this does not exceed 2.5 times the SMIC. The remuneration taken into account in the calculation of the tax credit is that used to calculate the social security contributions of employers. Finally, it should be noted that the CICE rate is set at 6% for remuneration paid since 2014. How to account for the CICE? The objective of the CICE is therefore to reduce staff costs, and the amount must be recognized and entered in the dedicated subaccount of account 64 "Personnel expenses". Be aware that it is obviously not taxable and is subject to an extracurricular deduction. However, a corporation benefiting from the CICE must fulfill certain obligations, including reporting the amount of the tax credit to tax administrations by filling out a form available on the Internet. These are declarative obligations. The CICE is therefore relatively easy to obtain when the company meets the ...

The CICE is the Tax Credit for Competitiveness and Employment. For accountancy training Best school of accountancy In Pakistan . It is intended to allow companies to invest, prospect, innovate, recruit or restore working capital. It is accessible to all companies employing employees. Focus on this particularly interesting tax credit. Who can benefit from the CICE? All companies employing employees and being taxed) IS (Corporate Tax) or IR (Income Tax) can benefit from the Tax Credit for Competitiveness and Employment. It should be noted that companies whose profits are exempted on a transitional basis may also qualify. The calculation of the break-even point In order to determine a company's break-even point, it is necessary to be able to estimate the costs and the estimated turnover. For loads, it is important to differentiate: Fixed charges which are independent of changes in activity. This is the case, for example, for rent, payroll, telephony or insurance Var...

The creation of a company is not improvised and must be carefully considered if the future leader does not want to lose more money than he will earn. Among the data he needs to know is his company's break-even point. Presentation and method of calculation of this primordial element. What is the break-even point for a company? Before starting a business in a new business, every business creator needs to ensure that the business can be profitable as quickly as possible. Thus, any good business plan must incorporate an essential notion: the break-even point. This is a key factor, since it defines the amount of turnover excluding taxes that a company must realize in a given period in order to reach financial equilibrium, that is to say So that revenues offset expenses. Once the break-even point is exceeded, a company starts to make profits. Obviously, in order to define more personalized objectives, it may be wise to decline it in number of days of turnover or in quantity o...

The centralization of cash, also known as cash pooling or cash management, must be accounted for in a rather specific way. For accountancy training Best school of accountancy In Pakistan . Focus on this accounting operation! What is centralization of cash? It is a technique of treasury management of corporate accounts, belonging to the same group. In reality, this accounting operation will make it possible to optimize the needs and cash surpluses, the financial expenses of the group concerned, and to manage the financial risks . What are cash-pooling methods? There are two methods of centralization of cash which it is essential to know in the context of an accounting mission. First of all, the so-called physical centralization, that is to say, the transfer of funds between the companies and the central account, namely the centralizing account. The second method is that of centralization without the circulation of funds, which means that each company continues to operate wi...