- The introduction of KSeF will shorten the VAT refund period from 60 to 40 days, improving companies’ financial liquidity.
- While this benefits businesses, it increases time pressure and responsibility on accountants, who must now act more proactively and quickly.
- Accountants will shift from a historical reporting role to an active participant in clients’ financial management, facing higher client expectations and scrutiny.
- The system eliminates the need for paper archiving, as KSeF will store all invoices digitally for 10 years, reducing costs and administrative burden.
- Both accountants and businesses must adapt to closer, more real-time cooperation and communication.
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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