- The introduction of KSeF will speed up VAT refunds from 60 to 40 days, improving companies’ financial liquidity.
- While this benefits businesses, it increases time pressure and expectations on accountants, who must now act more proactively and quickly.
- The role of accounting offices will shift from historical reporting to active financial management, with clients demanding faster VAT returns.
- Both accountants and clients will need to communicate more closely and work in real time.
- KSeF will eliminate the need for paper archiving, as all invoices will be stored digitally for 10 years, reducing costs and administrative burden.
Source: ksiegowosc.infor.pl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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