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GoB: Principles of proper accounting and GoDB

Proper accounting principles? GoB? Or GoBD? What is that?

The abbreviation GoB stands for the “principles of proper bookkeeping”.

Not to be confused with GoBD: The term GoBD stands for the “Principles for the proper management and storage of books, records and documents in electronic form and for data access”. The GoBD represent an administrative instruction for tax purposes.

Source Faktura.work

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